Unlocking Economic Potential: The Advantages and Challenges of Landlocked Countries

2023-07-01 10:52:03

when there is no sea land Shine on the economic development of a landlocked country

For doing business that has existed since ancient times. Geography is extremely important. Because it is considered one of the aids that make economic development possible easily. especially for export and import The need to rely on geographical elements. that make travel possible Before the air transport In the early days there was sea transportation. or the main river

Better export and import These elements are still essential elements of trade. That has resulted in countries that are landlocked. It has a huge economic advantage. and with this importance As a result, other countries want to have access to the sea as well. But still, there are still some countries that are “landlocked country”, which is considered a country with this nature There are more economic disadvantages than landlocked countries.

for landlocked countries There are currently 44 countries in total, with Kazakhstan being the largest landlocked country in the world. and with ethiopia That is considered a country that is a landlocked country. The most densely populated in the world as well. which, although the disadvantage of these countries is that they are landlocked But still able to develop the economy as well. which we can see from countries like Andorra, Austria or even Luxembourg. which all benefit from existing industries. and the ability to manage the government itself

We can also see countries collectively referred to as LLDCs, which are considered landlocked developing countries. which is considered a country that still has problems from being landlocked As a result, exports to other countries incur high costs. And some countries also have to face human rights problems as well.

but still Those countries are able to develop themselves. In order to make the transportation of trade is possible comfortably. Whether creating a legal framework that allows the public and private sectors to trade or will increase the efficiency of transportation with the aim of reducing costs even more This can be done through the agreement itself.

The hardships of these countries It’s still a matter of transportation. That still needs to be gradually supported to go well Especially if those countries had to face human rights problems as well This made it even more necessary to look for ways to bring regarding peace. That will have a positive effect on building the economy later as well

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refer
Wikipedia, the free encyclopedia.Landlocked country. https://en.m.wikipedia.org/wiki/Landlocked_country
Wikipedia, the free encyclopedia.Landlocked developing countries. https://en.m.wikipedia.org/wiki/Landlocked_developing_countries
Asian Development Blog. 4 Ways to Transform Landlocked Countries. https://blogs.adb.org/blog/4-ways-transform-landlocked-countries
United Nations. About Landlocked Developing Countries. https://www.un.org/ohrlls/content/regarding-landlocked-developing-countries
ESCAP. Countries in Special Situations Landlocked developing countries.

Last updated on : July 1, 2023

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