About the product
An Impact Assessment (IA) is an essential component of policy formulation and policy management. It supports policymaking by gathering and analysing evidence, verifying the existence of a problem, identifying its underlying causes, assessing which action is needed, and analysing the advantages and disadvantages of available solutions (OECD, 2014). It is also a vital instrument for channeling stakeholder engagement and communicating the ramifications of policy changes. This Guidebook on Trade Impact Assessment is designed to help trade policymakers and practitioners in developing countries to have comprehensive information on:
(i) When and how to conduct an IA;
(ii) Where to obtain detailed and technical information on the conduct and use of IAs; and
(iii) How the results of the IAs may be interpreted and put into practice.
It is not meant to provide technical methodologies to conduct IAs but rather to provide a practical guide for non-specialist policy practitioners to steer through some of the most commonly used quantitative and qualitative assessment methods, concepts, and processes.