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Overcoming logistics-related barriers to higher-value exporte – a decision framework to identify policy measures
Logistics is key to a country’s trading opportunities. Poor trade logistics performance, measured in the cost and complexity of importing and exporting, precludes many countries from diversifying their economies and can hamper trade, growth and employment. This is acutely relevant for developing countries, where a frail logistics environment, i.e., the combination of logistics infrastructure and services, is often a factor in weak trade. While trade consists of imports and exports, exports are crucial to a country’s development due to their potential to increase income and employment. Supply chain delays increase transportation costs and hence product costs, thus decreasing the competiti...
China's New Silk Road Dreams
The contributions compiled in this issue engage in critical evaluation of China's "New Silk Road initiative" ("Belt and Road Initiative" [BRI]) by focusing on the potential long-term political and economic effects and implications for Sino-EUropean and Sino-African relations. The authors take the launching of the BRI (October 2013) as a starting point for a general, theory-guided qualitative re-evaluation of the basic patterns of Chinese foreign relations and global interactions under the fifth generation of Chinese political leaders. In 2013, the Chinese state president, Xi Jinping, framed BRI as a global connectivity network consisting of a multitude of overland passages and maritime transportation corridors. Xi Jinping's report to the 19th Party Congress (2017) set the BRI as an anchor concept of China's fine-tuned foreign strategy in the 21st century.
The Palgrave Handbook of Africa’s Economic Sectors
This handbook provides a reference resource to showcase insightful and nuanced perspectives on Africa’s agriculture, industry, services, and manufacturing sectors; factors affecting the sectors’ competitiveness; and the sectors’ contribution to employment, economic growth, and sustainable development. It also addresses the potential benefits that the sectors could harness from the planned Continental Free Trade Area (CFTA), and in particular how CFTA could increase the efficiency and competitiveness of these sectors. This book provides evidence-based holistic analyses of the past and current state of Africa’s economic sectors, with a strong emphasis on tangible and specific policy re...
Machine Learning im Logistikmanagement – Entwicklung eines Gestaltungsansatzes zum Einsatz von ML-Anwendungen in logistischen Entscheidungsprozessen
Als ein Teilbereich der Künstlichen Intelligenz stellt Machine Learning (ML) eine Schüsseltechnologie des 21. Jahrhunderts dar. Unter Nutzung der mathematisch-statistischen Verfahren sind technische Systeme realisierbar, die anhand von Daten eigenständig empirische Zusammenhänge erkennen und dadurch ihr Verhalten zur Lösung von betrieblichen Problemen im Sinne einer systemseitigen Lernfähigkeit anpassen können. Entsprechend der Komplexität von Planungs-, Steuerungs- und Kontrollaufgaben in industriellen Wertschöpfungsketten wird ML-Anwendungen eine hohe Bedeutung zur Unterstützung und autonomen Ausführung von logistischen Entscheidungsprozessen zugesprochen. Für diesen Bereich de...
Belt and Road Economics
China proposed the Belt and Road Initiative in 2013 to improve connectivity and cooperation on a transcontinental scale. This study, by a team of World Bank Group economists led by Michele Ruta, analyzes the economics of the initiative. It assesses the connectivity gaps between economies along the initiative’s corridors, examines the costs and economic effects of the infrastructure improvements proposed under the initiative, and identifies complementary policy reforms and institutions that will support welfare maximization and mitigation of risks for participating economies.
