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Public Policy Issues in Global Freight Logistics

By Borges, Helena

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Book Id: WPLBN0000210341
Format Type: PDF eBook
File Size: 2.5 MB
Reproduction Date: 2005
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Title: Public Policy Issues in Global Freight Logistics  
Author: Borges, Helena
Volume:
Language: English
Subject: Economics, Finance & business, World Bank.
Collections: Economics Publications Collection
Historic
Publication Date:
Publisher: The World Bank

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Borges, H. (n.d.). Public Policy Issues in Global Freight Logistics. Retrieved from http://www.netlibrary.net/


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Economics

Excerpt
WORLD BANK HOST MR. FLORA: This is a very timely event that's going on right now. Talk about logistics. Some people refer to it as supply chain management. It involves a lot of different components. For many of us, it's the transporter. It's the shipper. But it's also the facilitator. It's very much the rules and the regulations, the legalities, these types of things. All of you know this. But what is important about this simple statement is the relative roles that everybody will play. Eight years ago, the bank was told to stay out of it. This is something the private sector would do. The World Bank, as many of you know, is constrained by its charter to lend only to the public sector through national governments. We can lend to the private sector if a national government underwrites it. We have a private sector arm, the IFC. But the bank can only lend to governments. Consequently, we were told to stay out of logistics. Well, government has a major role to play in this supply chain management. The private sector can't work effectively if facilitation procedures are not there, if Customs procedures are not straight, if the rules and regulations ? if there is no legal recourse, all the different things that all of you know about. Bringing together or identifying the appropriate role for the public and private sector is very, very important. It's very important to the bank. And that's one of the reasons I think this whole series of workshops is very important. Another reason that this workshop is particularly important for the bank right now is it's another step in the cooperative arrangements that we have developed now with U.S. DOT. I think for too many years the bank was an island. We didn't need partners. Well, that's just not true. I think we found very much that we do. Over the last year or so, we have been meeting with the Secretary, with the U.S. DOT, with FHWA, as well as a number of our other partners. But what this represents today is quite a new step in the partnership arrangements with the U.S.DOT, and we certainly welcome it. I think that we can make arrangements with a number of private sector companies in the United States and other partners in the United States, which heretofore we haven't done. I'm an American, came up in the American system with the state government, city government. For whatever reason, the bank has not done as much with the U.S. government as we have done with many others. So I really welcome this opportunity. I won't spend too much time because I want to get into it. I think the type of deliberations we'll have over the next several days, particularly the practical demonstrations, what the shippers are saying, what the facilitators are saying, what public officials who are having to live with the consequences of this are saying, will very much set the stage for the final action plan in the year 2000.

 

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