Shrinking the economic distance, or reducing transport prices and time related costs, between people and firms can greatly benefit developing economies by boosting productivity, creating jobs, raising incomes, enhancing food security, and lowering carbon emissions. Achieving these benefits requires efficient, high-quality transport.
Below, find a series of infographics outlining different aspects of the Shrinking Economic Distance: Understanding How Markets and Places Can Lower Transport Costs in Developing Countries Report.
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Infographic 2: The Cost of Moving Goods across the World
Infographic 4: The Role of Market Failures and Frictions in Driving Trucking Prices
Infographic 5: Maritime Shipping Costs and its Determinants
Infographic 6: Policies to Make Markets and Places Efficient
Infographic 8: The Costs of Shipping Food in Countries Facing Food Insecurity