The Role of Logistics Performance Index on Trade Openness in Europe

Author(s):  
Tarek Madkour ◽  
Mahmoud Barakat ◽  
Abeir M. Moussa
Author(s):  
Tony Badrick ◽  
Mohamed Saleem ◽  
Wesley Wong

Background Reporting critical results in a timely manner is a crucial role of clinical laboratories. Traditionally, these results were reported using the phone or fax system. However, there are now other modes of communication for this reporting. Quality improvement in any organization is driven by detection of errors and benchmarking against peers. In the case of critical result reporting, there are few current widely used Benchmarking schemes. Methods The Roche Clinical Chemistry Benchmarking Survey in 2019 added questions about critical result reporting including the mode of communication and turnaround time key performance index. This survey includes over 1100 laboratories from 20 countries. Results The survey revealed a range of communication strategies with phone calls still the commonest followed by email. The key performance index for most laboratories was less than 10 min. Conclusion Benchmarking can provide key information for quality improvement activities, particularly pre- and postanalytical.


2022 ◽  
Vol 12 (1) ◽  
pp. 0-0

India had undertaken several logistics development agendas.Initiatives were aligned to improve the logistics infrastructure in India. Advancement in technology had also benefited the logistics sector. Logistics Performance Index (LPI) has been a multi-dimensional evaluation criterion developed by the World Bank to assess logistics capabilities of countries. The LPI score of India had been low. Regarding this, present research study aimed to analyse the poor performance of India in LPI and how the deployment of emerging technologies could help improve it. The findings were based on a questionnaire shared with five experts. Delphi technique was applied for this study. The prioritization was identified through Analytical Hierarchy Process. The key findings in this study were prioritization of application of emerging technologies for various sub-dimensions of infrastructure like roadways, railways, ports, airports, warehouse, and institution. Emerging technologies like cloud computing, blockchain, internet of things were emphasized by experts to improve the infrastructure of India.


2019 ◽  
Vol 22 (4) ◽  
pp. 437-456
Author(s):  
Seema Wati Narayan

This paper investigates the role of financial technology (FinTech) in propelling economic growth in Indonesia from 1998 to 2018. The FinTech industry employs a technology-based business model to provide financial services, including lending, payment, investment, and financing services. The study is motivated by endogenous growth theory, which seeks to explain technology as the most important driver of economic growth. The study finds that FinTech startups are positively correlated with Indonesia’s economic growth. FinTech firms in their first year are found to be disruptive, but they fail to have serious consequences on Indonesia’s economic growth; however, they seem to significantly encourage economic growth in their second year. These findings are derived after accounting for other important growth determinants, namely, capital per labor, foreign direct investment (FDI), stock market development, and trade openness.


Author(s):  
Khairunisah Kamsin ◽  
James Alin ◽  
Mori Kogid

This paper examines the role of foreign direct investment (FDI) and capital formation as mechanisms of trade openness for economic growth in Malaysia. This study found that foreign direct investment and capital formation are indicators of trade openness. Thus, this study proposes that policymakers should develop policies so that Malaysia could gain more benefits from trade openness and subsequently, accelerate the country’s economic growth.


2018 ◽  
Vol 20 (1) ◽  
pp. 59-64
Author(s):  
Prima Denny Sentia ◽  
Regita Ramadani ◽  
Sarika Zuhri

Indonesia government has established sea toll program through Presidential Regulation No.17 in 2017 to support inter-island distribution. Port X in Aceh is one of the ports included in sea toll program. This paper discusses logistic performance m.easure, especially in sea transportation. A Logistic Performance Index (LPI) is proposed as a tool to identify challenges and opportunities in Port X performance. Key indicators which affect the value of logistics performance index will also be studied in this paper. There are several logistic performance measurements for port X based on literature study: quality, delivery cost, transportation cost, and information. Eight indicators affect Port X performance: quality of the commodity, the quantity of the commodity, on time delivery, ship call, sea transportation cost, storage cost, electronic availability, and electronic access. Port X average total index, based on Analytical Hierarchy Process, is 2,557. This value can be considered as quite reasonable. The study limits logistic performance for the arrival route of the container vessel leading to Port X. The final result shows that quality performance indicator (quality quantity of commodity index) has the highest index for all originating port. The second highest index is electronic information availability index. Through this finding, Port X must improve their service and information because it plays a vital role in their performance


2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Sudeshna Ghosh

Purpose This paper aims to consider the role of geopolitical risk in explaining tourism demand in India, a major tourist destination of the Asian region. Furthermore, the study also considers how in addition to geopolitical risk, economic policy uncertainty, economic growth, exchange rate, inflation and trade openness impact tourism demand. Design/methodology/approach The Bayer and Hanck (2013) method of cointegration is applied to explore the relationship between geopolitical risk and tourism demand. Furthermore, the study has also used the auto distributed lag model to determine whether there is a long-run cointegrating association between tourism demand, geopolitical risk, economic policy uncertainty, economic growth, exchange rate and trade openness. Finally, the vector error correction model confirms the direction of causality across the set of the major variables. Findings This paper finds that geopolitical risk adversely impacts inbound international travel to India. This study also obtains the consistency of the results across different estimation techniques controlling for important macro variables. The Granger causality test confirms the unidirectional causality from geopolitical risk to tourism and further from economic uncertainty to tourism. The findings from the study confirm that geopolitical risks have long-term repercussions on the tourism sector in India. The results indicate that there is an urgent need to develop a pre-crisis management plan to protect the aura of Indian tourism. The tourism business houses should develop skilful marketing strategies in the post-crisis to boost the confidence of the tourists. Research limitations/implications This paper provides valuable practical implications to tourism business houses. The tourism business houses can explore geopolitical risk measure and economic policy uncertainty measure to analyse the demand for international tourism in India. Further, the major stakeholders can establish platforms to help tourists to overcome the fear associated with geopolitical risk. Originality/value This study is the first of its kind to explore the geopolitical risks and their long-run consequences in the context of tourism in India. The study puts emphasis on the role of national policy to maintain peace otherwise it would be detrimental to tourism.


2020 ◽  
Vol 5 (3) ◽  
pp. 5-16
Author(s):  
Helga Pavlić Skender ◽  
Antonela Štefanić ◽  
Petra Zaninović

Logistyka stanowi 14% całkowitego PKB krajów Unii Europejskiej, co wskazuje na duże znaczenie tego sektora dla wyników ekonomicznych krajów członkowskich Unii Europejskiej. Rynek logistyczny krajów UE-15 jest dobrze rozwinięty, podczas gdy większość krajów UE-13 powinno podjąć działania dla rozwoju słabej infrastruktury kolejowej oraz pochylić się nad kwestiami politycznymi związanymi z korupcją, czy brakiem konkurencyjności. Szybko rozwijające się gospodarki UE-13 mogą jednak skorzystać na poprawie rynku usług sektora logistycznego. Celem artykułu było określenie wydajności sektora logistyki w Unii Europejskiej z podziałem na kraje UE-15 i UE-13. W pracy wykorzystano wskaźnik wydajności logistyki według Banku Światowego (Logistics Performance Index – LPI), który jest narzędziem określającym jakość, szybkość, dokładność i prostotę procesów logistycznych. Analiza objęła okres od 2010 do 2018 roku. Wyniki wskazują, że niektóre kraje UE-13 pozostają w tyle za członkami UE-15 pod względem wyników logistycznych, podczas gdy kraje takie jak Polska, Czechy i Węgry osiągają najlepsze wyniki logistyczne wśród krajów UE-13. Wyniki wskazują również na korelację między wynikami logistyki a wzrostem gospodarczym. To oznacza, że kraje UE-13 muszą zrobić krok naprzód w swoich wynikach logistycznych, aby zintegrować się z regionalnym i globalnym łańcuchem dostaw, a tym samym poprawić swoją pozycję gospodarczą i konkurencyjność.


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