Trade Logistics Indicators:
Developing Countries Improving
Countries are getting better at moving their goods and connecting with customers across borders, according to a new World Bank report. But developing countries need to make more reforms to trade logistics if they are to better compete internationally.
Washington DC, January 15, 2010—Developing countries are improving how well they move goods across borders, although they still lag behind richer countries, according to a new World Bank report ranking countries by trade logistics performance. They need to do more to boost economic recovery.
Moving goods efficiently from manufacturers to consumers depends on roads, rail, ports, customs and other border agencies, as well as the efficiency of neighbors. That holds especially true for landlocked countries. Developing countries can put in place reforms to make supply chains faster, cheaper and more reliable.
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