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How to Find a New Geographical Route for Economic Exchange: A Visionary Project
International Review of Management and Business Research, 2014
The article aims to evidence how the construction of an intermodal hub with a free trade zone in Europe can open a new geographical route for economic exchange. This European corridor could represent an hub able to intercept important goods’ traffic flows with possibility to create added value through both handling services and appropriate processes on some goods chains.
Development of Free Trade Zones to Sustain Intermodal Transportation
CERN European Organization for Nuclear Research - Zenodo, 2022
Free Trade Zones has become one of the pillars for economic development for most countries in Europe and most of Asia. This has been the case for a country like China which has witness a super growth because of the policies they adopted that promoted the development of free trade zones in the country and it has contributed immensely its economic development. This paper exploits the potential for economic development that African countries stand to benefit from the Pan-African free trade agreement that was signed by 54 African countries. The study looks at the trend from other developed countries and suggest policy recommendations that would identify legal regimes that can adopt policies that will prevent conflicting interest between political parties so as to create a favourable investment environment for both foreign and local investors. The legal regimes should be able to accommodate different economic situations as they set investment rules and this can be carried out effectively under the guidance of the African Union.
THE TRANS-EUROPEAN NETWORKS, THE EUROPEAN UNION ΑND TRANSIT TRADE
Numerous statistics indicate that the European Union (EU) is one of the most influential partners in world trade. Not only because of the cumulative amount of its production capacity, but also because of the extensive trade facilitations provided through its member-states, towards the so called Third States. Within this context and in view of prospective enlargements to come, the need for the facilitation of the Candidate States and of the States in the periphery of its transit trade is of highest priority. Transit trade is one of the oldest institutions concerning trade. It involves, at a first level, the temporary staying of a state’s commodities on the mainland or a port of another state, which is not the final destination. Then, at the second level, these commodities or the so-called ‘transit trade’ are transferred to their final destination. Transit trade provides all states, using transit for their commodities, with a significant number of advantages. At the same time, it also favors the transit state, -namely the ‘intermediary stop’ state- mainly due to the trade activities that it undertakes in relation to transit. Transit constitutes a comparative advantage for that particular state against all others that are deprived of that possibility. The EU has established the basic framework to play an increasingly important role in both regional and international affairs.The Union, firstly in the context of its overall development policy and its policy of attracting investment and, secondly under the view of supporting Third Countries economies –those of non-EU Member States- took important steps in further upgrading the institution of transit trade.
Freight transportation flows: New trade regions and trade routes
EJTIR, 2007
This paper highlights the trends in global freight transportation which has recently shown intense growth but also a new geography of flows. In particular the analysis describes the growth in relation to GDP with reference to destinations (Europe, United States) and to the origin of ...
The Central European Review of Economics and Management, 2015
In the context of global freight flows and increased competition between ports, this article deals with the question how the Seine River Valley and its ports rate in the European geography of exchanges of saleable goods. It is discussed what transport infrastructures the Seine River Valley has and what opportunities will need to have to confront the stakes involved in development. The strategic position of Le Havre, the first importation port, upstream from the Pas-de-Calais strait and Paris’ natural maritime inbound port, raises the question of the intensification of East-West exchanges that logically will accompany the shift of Europe’s centre of gravity towards the East. The authors present what measure the Seine Gateway® constitutes an adapted response to massify the flows of freight in the Seine River Valley area and to enlarge its hinterlands.
European Journal of Interdisciplinary Studies, 2018
In this paper we propose to evaluate the impact of intermodal connectivity of transport infrastructure on net exports in the European Union. In this context, we will test the hypothesis that the intermodal capacity development has the effect of increasing net exports. The impact assessment pursues two objectives: quantifying the extent to which intermodal connections help the balancing of net exports of European states and identifying the areas where infrastructural deficit has an impact on trade deficit in order to prioritize the infrastructure development interconnections. The volume of net exports is influenced by the degree of interconnection of transport infrastructure, which gives the intermodal nodes the role of cohesion agents at the community level. On the other hand, the integration into the global economy fosters improvements in net trade, fact revealed by the correlation between the KOF Index of globalization and the values of net exports.
Vinokurov E., Tsukarev T. (2018) The Silk Road Initiative and the Interests of Transit Countries: an Economic Assessment of Transport Corridors. Area Development and Policy, 3: 1: 93-113. , 2018
In the light of the implications of China's Belt and Road Initiative (BRI) for Greater Eurasia and, in particular, Eurasian Economic Union (EAEU) countries, this paper assesses the prospects of seven actual and potential trans-Eurasian overland transport corridors. Based on the analysis of trade flows, railway tariffs, existing restrictions and individual routes' potential efficiency, the most promising overland China-EU and China-EAEU transport corridors and their prospective goods nomenclatures are identified. China-EAEU-EU transit is interpreted as the 'story of the container'. The principal interests of EAEU countries in developing BRI transport corridors are identified, as are the opportunities that involvement in China's BRI affords for the promotion of a substantial transit business and, most importantly, better regional and interregional connectivity within both the EAEU and Greater Eurasia.