For several years, the World Bank, the International Civil Aviation Organization (ICAO), and the air transport industry met annually at a conference discussing issues concerning the air transport sector. The conclusions of these conferences are important as they guide the Bank’s aviation development agenda.
In today’s interconnected world economy, efficient, reliable and cost-effective supply chains have become necessities in global trade. Trading in a timely manner with minimal transaction costs allows a country to expand to overseas markets and improve its overall economic competitiveness. For many countries, however, identifying bottlenecks along a supply chain and then determining which logistics procedures and infrastructure to upgrade can be a challenging feat.