Review of logistics service regulations for freight forwarding businesses: what should be addressed for a better logistics regulatory framework ?
Maika Watanuki
No 7401, Policy Research Working Paper Series from The World Bank
Abstract:
Regulatory frameworks on logistics regulations are often opaque, especially in developing countries, because of the complex nature of logistics services. World Bank client countries have faced difficulty finding the issues that hinder them from improving logistics competence. Therefore, it is beneficial to understand how the logistics service industry is regulated and what should be addressed in building the regulatory framework to improve logistics competence. This note proposes questions to be addressed for beneficial regulations by reviewing existing logistics service regulations in 14 countries, particularly regulations for the freight forwarding industry. These questions will help in assessing a regulatory framework and identifying regulatory weaknesses. This note suggests that the regulatory framework should take into consideration national recognition of freight forwarding business, an institutional arrangement with clear division of responsibility among stakeholders, and streamlined but flexible regulations adapted to the country context.
Keywords: Transport Economics Policy&Planning; Regulatory Regimes; Transport and Trade Logistics; Public Sector Regulation; Common Carriers Industry (search for similar items in EconPapers)
Date: 2015-08-21
New Economics Papers: this item is included in nep-ger
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Persistent link: https://EconPapers.repec.org/RePEc:wbk:wbrwps:7401
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