Economics

Evidence that “landlocked” economies are disadvantaged

Tom White

1st June 2015

I'm sticking to my view that the greatest economic innovation of the last 50 years has been container shipping. By collapsing the cost of transporting materials, opportunities for trade have ballooned. This has changed the world's entire economic landscape. But it hasn't changed the world's geography: countries with no shore line cannot directly access ocean-going ships. This may damage their economies.

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