Download Asia-Pacific Trade and Investment Review, December 2006 by United Nations PDF

By United Nations

The Asia-Pacific alternate and funding assessment is a biannual, peer-reviewed magazine for the dissemination of well timed info and learn research at the new, rising problems with exchange, funding and company improvement in Asia and the Pacific. basically aimed toward executive policymakers, researchers and representatives of the personal zone, the evaluate imparts info at the newest developments in exchange and funding coverage concerns dealing with the sector.

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Asia-Pacific Trade and Investment Review, December 2006

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Extra info for Asia-Pacific Trade and Investment Review, December 2006

Sample text

6 Theory also suggests that liberalization results in lower prices, better quality and increased choice for consumers. Evidence in the telecommunications7 and financial8 sectors tends to bear out this theory. The precise impact and size of the gains resulting from services liberalization will depend upon the market structure of the sector in question, the nature and extent of the liberalization measures adopted, as well as the broader regulatory framework within which the services in question are being supplied.

Freight forwarders are a type of 3PL. They organize the dispatch of cargo by road, rail, ship or sea on behalf of producers or on behalf of other 3PLs that have been engaged to manage the entire logistics supply chain. Apart from securing cargo space on the relevant mode of transport, freight forwarders may also deal with documentary and other formalities associated with shipments. Private sector logistics firms operate in many segments of the Australian logistics supply chain. However, such firms may be legally precluded from operating in particular segments where the supply of the logistics service implicates public or quasi-public infrastructure and/ 30 Asia-Pacific Trade and Investment Review Vol.

10 An international study of logistics activities found that transportation contributed between 40 and 45 per cent of the total logistics costs of a business. See Davis and Drumm quoted in the Bureau of Transport and Regional Economics (BRTE), Logistics in Australia: A Preliminary Analysis, BRTE Working Paper 49 (Canberra, October 2001), p. 31. 32 Asia-Pacific Trade and Investment Review Vol. 2, No. 2, December 2006 Rail freight Rail freight in Australia is used predominantly for the transportation of bulk commodity items such as minerals, coal, crude oil, petroleum, natural gas, fertilizers, grains and forest products.

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