Policy Options for Liberalizing Philippine Maritime Cabotage Restrictions
The purpose of this policy note is to present reform options on cabotage liberalization. The goal of cabotage liberalization is to help i) foster more competition in the domestic shipping industry, ii) reduce shipping cost, and iii) improve efficie...
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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/2016/06/26456814/ http://hdl.handle.net/10986/24801 |
| Summary: | The purpose of this policy note is to
present reform options on cabotage liberalization. The goal
of cabotage liberalization is to help i) foster more
competition in the domestic shipping industry, ii) reduce
shipping cost, and iii) improve efficiency, maritime
services, and safety standards. These, together with
complementary reforms in domestic shipping and ports, can
help enhance consumer and producer welfare through lower
consumer prices, higher household real income, timely
delivery of goods, and ultimately, job creation and poverty
reduction through greater market access. This policy note on
cabotage is organized as follows. Part one provides an
overview of the domestic shipping industry and discusses the
key issues that it faces. Part two discusses the underlying
reasons for the industry’s inefficiency. Part three
discusses the concept of cabotage, the cost and benefit of
cabotage liberalization, and the cabotage regimes of the
Philippines and of selected countries. Part four closes with
a discussion of reform options. |
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