Innovations in Maritime Connectivity and their Impact on Regional Trade

Authors

  • Dr. Waqar Iqbal Lahore School of Economics (LSE)
  • Dr. Ahmed Khan Department of Geography, University of Oxford, UK

Keywords:

Maritime Connectivity, Regional Trade, Digitalization, Internet of Things (IoT), Blockchain, Sustainability, Geopolitics, Innovation, Logistics, Economic Impact

Abstract

Innovations in maritime connectivity have significantly influenced regional trade dynamics. This paper explores the transformative impact of advancements in maritime connectivity on regional trade patterns and economic development. Through an analysis of emerging technologies and infrastructural improvements, the study examines how enhanced connectivity fosters efficiency, reduces costs, and expands market reach for regional traders and businesses. Furthermore, it investigates the implications of these innovations on supply chain management, port operations, and trade facilitation mechanisms. By understanding the evolving landscape of maritime connectivity, policymakers and industry stakeholders can capitalize on opportunities to promote sustainable growth and competitiveness in regional trade networks.

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Published

2022-12-31

Issue

Section

Articles