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Trade and transport corridor development : Experience and research issues

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Frame of Image % (South Africa) and 163 % (Central Africa), with outlier on Lusaka – Johannesburg corridor
4
Policy challenges: Border crossing • Days to export between 46 and 78 days for SSA • Days to import between 54 and 102 days for SSA
• High responsiveness of trade to transport costs: a 10% increase in transport costs leads to a 20% reduction in trade volumes on average, decreases national income by 2.5%
5
Importance of trade costs for international trade • Reducing congestion by increasing international infrastructure capacity from median values to the top 25th percentile would – reduce cif/fob ratios from 1.28 to 1.12 – increase trade volumes by 68%
6
Corridor Development: World Bank Background
“Safe, Clean, and Affordable…Transport for Development”, The World Bank Group’s Transport Business Strategy for 20082012
• “…it will encourage partner countries to adopt corridor approaches to infrastructure investment and transport service improvement (including multicountry regional corridors).”
• “lowering transport costs along a modernized international corridor can unlock growth potential, create jobs, and bring wealth to local communities.”
7
The World Bank Group Trade Strategy, 2011-2021
• Priorities are to enhance the performance of trade corridors used by land-linked developing countries, especially in Africa; regional trade facilitation frameworks; improve markets for logistics services; increase the efficiency of border management; facilitate the crossborder movement of service su


Full Text
Title Trade and transport corridor development
Similar Titles
Sub Title

Experience and research issues

Material Type Proceedings
Author(English)

Kopp, Andreas

Publisher

World Bank

Date 2013-02
Pages 25
Language English
File Type Documents
Original Format pdf
Subject Territorial Development < Transport/Logistics
Holding The Korea Transport Institute