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'The Cost of Being Landlocked' proposes a new analytical framework
to interpret and model the constraints faced by logistics chains on
international trade corridors. The plight of landlocked developing
countries (LLDCs) has naturally received special attention for
decades, leading to a specific set of development priorities based
upon the concept of dependence on the transit state. Therefore, the
standard approach used to tackle the cost of being landlocked has
been predominantly aimed at developing regional transport
infrastructure and ensuring freedom of transit through regional
conventions. But without sufficient attention given to the
performance of logistics service delivery to traders, the standard
approach is unable to address key bottleneck concerns and the
factors that contribute to the cost of being landlocked.
Consequently, the impact of massive investment on trade corridors
could not materialize to its full extent. Based on extensive data
collection in several regions of the world, this book argues that
although landlocked developing countries do face high logistics
costs, these costs are not a result of poor road infrastructure,
since transport prices largely depend on trucking market structure
and implementation of transit processes. This book suggests that
high logistics costs in LLDCs are a result of low logistics
reliability and predictability, which stem from rent-seeking and
governance issues. 'The Cost of Being Landlocked' will serve as a
useful guide for policy makers, supervisory authorities, and
development agencies.
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