Risk Management in Maldives: Sharing Practical Experience and Lessons Learned

dc.contributor.authorADB; Velasco-Rosenheim, Roble Poe
dc.date.accessioned2021-10-05T15:03:34Z
dc.date.available2021-10-05T15:03:34Z
dc.date.issued2018-09
dc.descriptionThis brief shows that improvements to risk management processes in Maldives can be replicated in other domestic organizations and similar environments across South Asia. Risk management is a systematic approach to determine which goods and passengers need to be examined in detail when entering a country. It involves (i) collecting, storing, and analyzing data to understand the risk profile of goods and passenger luggage; (ii) using risk profiles to assess the likelihood of illicit trade activity; and (iii) addressing risks by inspecting consignments and responding to illegal activity. Maldives is implementing reforms to improve risk management controls and to strengthen its trade environment. Recent activities to facilitate trade and safeguard its borders seek to deliver operational and economic gains in the public and private sectors. Government agencies are working to improve service delivery and, at the same time, to leverage limited human and financial resources more efficiently. Traders, in turn, will benefit from reduced time to import and export goods, increased predictability of services, and greater ease of doing business.
dc.format.extent8
dc.identifier.isbn9789292613044
dc.identifier.isbn9789292613051
dc.identifier.issn2071-7202
dc.identifier.issn2218-2675
dc.identifier.urihttps://www.adb.org/publications/risk-management-maldives-experience-lessons
dc.identifier.urihttps://hdl.handle.net/20.500.14540/5384
dc.subject.otherIndustry and trade
dc.subject.otherRegional cooperation and integration
dc.titleRisk Management in Maldives: Sharing Practical Experience and Lessons Learned
local.publication.countryKyrgyz Republic

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