A CONCEPTUAL REVIEW OF THE EFFECTS OF TRADE PROTECTIONISM ON MARITIME ECONOMICS AND LOGISTICS
Keywords:
Economic growth, logistic transition, port composition, trade protectionismAbstract
In the last three decades, in particular, freight and container transport have grown rapidly worldwide. Protectionism, economic growth and the rising global economy have grown tremendously, and container transport has suffered adversely as a result. The issues facing the environment, economics and culture with regards to the sustainability of maritime logistics or transport must be considered. The trade-offs from direct cost of transport and credibility differ according to the trade in the country’s goods and logistics, which can reduce potential to diversify among temporary and value-added products in developed countries’. This study aims to conduct a conceptual review of the effects of trade protectionism on logistics transition, port composition, and economic growth. Based on this, this study will propose a framework in which protectionism, logistic transition, port composition and economic growth research can more effectively utilized. However, effects of trade protectionism on logistic transition, port composition, and economic growth, should be further examined using the proposed growth models.
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