The lower-middle-income group continues to be led by large economies such as India
GN Bureau | June 30, 2016
India now ranks 35 in the World Bank’s logistics performance index, in which Germany is right at the top and Luxembourg a close second. Sweden occupies the third spot.
The report, which released on Tuesday, states that among the top 30 performing countries, 22 are members of the Organisation for Economic Co-operation and Development (OECD), and this has almost remained unchanged since the 2014 report.
“Nonetheless, countries can still outperform their income group peers despite the performance gap. This is why income alone cannot explain why performance varies widely among countries in certain income groups. The list of countries over-performing their income group peers includes Kenya, Rwanda, and Uganda, but also China and India,” it said.
The report – Connecting to Compete: 2016 Trade Logistics in the Global Economy – said that once more, high-income economies solidified their past performance by occupying the top 10 positions of the ranking in 2016.
“In fact, the composition of the top 15 on the list of best performing countries has only changed marginally since 2014 and even 2010. This is not surprising. These countries have been traditionally recognized as dominant players in the supply chain industry, with a global footprint in transportation and logistics services provision.”
The report went on to say that the lower-middle-income group “continues to be led by large economies such as India and Indonesia and emerging economies such as Kenya and Vietnam”.
Logistics performance captures more than income, as observed since the first LPI report in 2007. International supply chains are organized across groups of regional trading countries. Provisions for services and trade facilitation initiatives are designed and implemented regionally. Reflecting on these mechanisms, the LPI data show that performance is quite consistent within integrated sub-regions, it said.
“In South Asia, lack of integration means that the good logistics performance of India does not improve that of its neighbors. Meanwhile, East Asian economies have performed consistently well across LPI editions.”
READ FULL REPORT
Joseph A Cannataci is the UN’s first and current special rapporteur for the right to privacy appointed by the Human Rights Council (HRC) in July 2015. His appointment came with growing global concerns about threats to privacy in the digital age where governments and big corporations collect
Those who attempt suicide will no longer face criminal charges under the Indian Penal Code (IPC), once the Lok Sabha passes the “The Mental Healthcare Bill”. The government has introduced “The Mental Healthcare Bill”,
There are challenges with the regulation of medical education for Indian Systems of Medicine and Homoeopathy, said a Niti Aayog report. A Preliminary Report of the Committee on the Reform of the Indian Medicine Central Council Act 1970 and Homoeopathy Cen
Chitra Banerjee Divakaruni was born in Kolkata and has spent most of her life in Northern California. The two cultures are reflected in her writings. Two of her books, The Mistress of Spices and Sister of My Heart, have been made into a movie and TV serial, respectively. Palac
Here are five highlights of the resolution that was passed by the British parliament over Gilgit-Baltistan in Pakistan. Read: Resolution in British parliament
Would AAP do well in the Delhi civic elections?