Trade Logistics
Logistics are best when economic performance is at state.
The ability of developing countries to connect firms, suppliers and consumers to global supply chains efficiently is essential to their competitiveness, says the World Bank in a new study on trade logistics. The study ranks countries on an index which combines seven measures of logistics performance, including the efficiency of customs procedures, costs, and the quality of infrastructure. Developed countries all score highly; Singapore comes top. Those developing countries where trade is central to economic performance, such as China and Chile, tend to be ranked higher than others with similar incomes. Some higher-income countries, such as the oil producers, tend to perform below their peers.
