Logistics performance and trade: An analysis of India’s trade in intermediates with Bangladesh and Thailand

Logistics is an important determinant in sustaining a country’s (or a region’s) competitive advantage. Its contribution to growth, economic integration and poverty reduction is well known. Improvements in logistical services help countries produce more sophisticated products and encourage a more dynamic export (import) diversification process. In turn, this contributes to improvements in an economy’s growth and development. During the past decade there have been noticeable developments in logistic services due to technology. However, there is evidence of a rising gap between the Least Developing Countries (LDC) and the developing economies. This is in terms of quality of services in Asia and the Pacific region.

Related Subject(s): Economic and Social Development