Unclogging the Arteries. The Impact of Transport Costs on Latin American & Caribbean Trade .

Abstract

This article summarizes a report prepared by the Inter-American Development Bank the impact of transport costs on Latin American and Caribbean trade. Based on a robust technical analysis (using large and detailed databases) and a series of case studies, it gives a comprehensive view of the significance of transport costs as a barrier to trade in the region. It calls for a broader and more balanced integration agenda, which would focus not only on the traditional barriers to trade, but also on costs, such as those associated with transport-related infrastructure
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