Management and Economics
OPEN ACCESS
THE IMPACT OF LOGISTICS ON GLOBAL ECONOMIC DEVELOPMENT: A COMPREHENSIVE REVIEW
DOI
Crossref DOI
10.37547/tajmei/Volume06Issue02-05
tajmei
2024
VOL. 6
/ NO. 02
FEBRUARY
RESEARCH OVERVIEW
Abstract
`Logistics plays a crucial role in the world's economic development, facilitating the movement of goods, services, and information from one point to another. This industry comprises transportation, warehousing, distribution, inventory management, and supply chain management. Logistics is vital for businesses of all sizes, enabling them to operate efficiently, reduce costs, and increase profits. It is also a significant contributor to employment and infrastructure development, making it an essential sector for economic growth. This article explores the role of logistics in world economic development, highlighting the industry's importance and its impact on trade, infrastructure, employment, and innovation.
RESEARCH TOPICS
Keywords
Logistics
Economic Development
Infrastructure
SOURCES & SCHOLARSHIP
References
- Akmalov, O., & Khalid, S. (2023). THE INVESTMENT AND THE IMPACT IN INNOVATIVE LOGISTICS: AN ECONOMIC GROWTH. Innovations in Technology and Science Education, 2(7), 1379-1391.
- Akmalov, O., & Khalid, S. (2023). THE PATH TO SUPPLY CHAIN EXCELLENCE: A COMPREHENSIVE CONCEPTUAL FRAMEWORK FOR COMPETITIVENESS. Innovations in Technology and Science Education, 2(15), 39-52.
- Christopher, M. (2016). Logistics & Supply Chain Management. Pearson.
- Eurostat. (2020). Transport statistics. https://ec.europa.eu/eurostat/statistics-explained/index.php/Transport_statistics
- Gereffi, G., Humphrey, J., & Sturgeon, T. (2005). The governance of global value chains. Review of International Political Economy, 12(1), 78-104
- International Air Transport Association (IATA). (2020). COVID-19: Impact on the Air Cargo Industry. https://www.iata.org/en/pressroom/pr/2020-04-14-01
- International Chamber of Commerce (ICC). (2020). Trade facilitation. https://iccwbo.org/resources-for-business/policy-and-issues/trade-facilitation
- International Labour Organization (ILO). (2018). World Employment and Social Outlook: Trends 2018. https://www.ilo.org/global/research/global-reports/weso/2018/WCMS_634739/lang--en/index.htm
- Kim, S., & Choi, Y. (2016). The impact of logistics performance on economic growth. International Journal of Production Economics, 179, 283-295.
- Lee, S. Y., & Kwon, S. H. (2018). The impact of port efficiency on economic growth: The case of South Korea. Transport Policy, 71, 46-56.
- Musso, F., Francioni, B., & Ferrari, C. (2019). Logistics and economic development: An empirical analysis. Transportation Research Part A: Policy and Practice, 129, 1-15.
- Organisation for Economic Co-operation and Development (OECD). (2018). Infrastructure investment and economic growth. https://www.oecd.org/economy/Infrastructure-Investment-and-Economic-Growth.pdf
- Tan, K. H., Kannan, V. R., & Handfield, R. B. (2015). Supply chain risk management: A review. International Journal of Logistics Management, 26(1), 118-141.
- The World Bank. (2020). Logistics performance index. https://lpi.worldbank.org/international/global/2020
- United Nations Conference on Trade and Development (UNCTAD). (2019). Review of Maritime Transport 2019. United Nations.
- United Nations (UN). (2015). Transforming our world: the 2030 Agenda for Sustainable Development. https://sustainabledevelopment.un.org/post2015/transformingourworld
- World Economic Forum (WEF). (2020). The Future of Jobs Report 2020. https://www.weforum.org/reports/the-future-of-jobs-report-2020