Connecting to Compete 2007 : Trade Logistics in the Global Economy--The Logistics Performance Index and Its Indicators
This is the first report presenting the Logistics Performance Index (LPI) and indicators. It aims to shed light on how different countries are doing in the area of trade logistics, and what they can do to improve their performance. It is based on a...
| Main Authors: | , , , , |
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| Format: | Report |
| Language: | English en_US |
| Published: |
World Bank, Washington, DC
2016
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| Subjects: | |
| Online Access: | http://documents.worldbank.org/curated/en/2007/01/9117592/connecting-compete-trade-logistics-global-economy-logistics-performance-index-indicators http://hdl.handle.net/10986/24600 |
| Summary: | This is the first report presenting the
Logistics Performance Index (LPI) and indicators. It aims to
shed light on how different countries are doing in the area
of trade logistics, and what they can do to improve their
performance. It is based on a worldwide survey of the global
freight forwarders and express carriers who are the most
active in international trade. LPI and its underlying
indicators constitute a unique dataset to measure country
performance across several dimensions of logistics and to
benchmark that logistics performance against 150 countries.
It provides the empirical basis to understand and compare
differences in trade logistics as well as to inform policy
with respect to difficult bottlenecks and tradeoffs. As a
tool for policymakers, professionals, development agencies,
and other stakeholders, it will directly support the
fast-growing agenda for reforms and investments in trade and
transport facilitation. The report provides some insights on
the cost of poor logistics to country competitiveness and
the sources of those higher costs. Beyond cost and time
taken to deliver goods, the predictability and reliability
of supply chains is increasingly important in a world of
just-in-time production sharing. Costs related to hedging
against uncertainty are significant. Equally, cost and
quality of logistics are determined not just by
infrastructure and the performance of public agencies, but
also by the availability of quality and competitive private
services. Moreover, in many developing countries, problems
of adverse geography are compounded by a weak modern
services sector due to poor institutions or over-regulation.
The report closes with some practical insights, advocating a
comprehensive, integrated approach to ensure that actions in
one area are not rendered ineffective by bottlenecks in another. |
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