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Customs risk management in the European Union

Emilia Iordache () and Alina Vasilica Voiculet ()
Additional contact information
Emilia Iordache: Constantin Brancoveanu University, Pitesti, Romania
Alina Vasilica Voiculet: Constantin Brancoveanu University, Pitesti, Romania

Romanian Economic Journal, 2007, vol. 10, issue 25, pages 55-71

Abstract: In the latest decade, the major reorientation of the customs policy in the EU consisted in shifting the emphasis from the fiscal role to the function of protecting and ensuring security within the community. The suitable and proactive administration of risks at community level is compulsory if one wishes to decrease the challenge caused by expansion referring to the customs union, the progress related to security issues and reaching a balance as to customs clearance implementation. The customs model of risk management at community level integrates various elements of a global approach. To minimise the occurrence of risks, customs can use risk management as a technique to more effectively set priorities and more efficiently allocate resources necessary for maintaining a proper balance between controls and facilitating legitimate trade. In the present context of Romania’s strategic geographic localization, it is an urgent need to apply external frontier integrated management, leading to Romania’s perfect integration in the application of the European Neighbourhood Policy.

Keywords: risk management; risk analysis; the integrated management of external frontiers; customs (search for similar items in EconPapers)
JEL-codes: F15 (search for similar items in EconPapers)

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Romanian Economic Journal is edited by PhD Ioan Popa

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Handle: RePEc:rej:journl:v:10:y:2007:i:25:p:55-71