World Economic Forum study: Reducing supply chain barriers could increase global trade by 15% and economic output by 5%

Deficiency in transport and communications infrastructure is one of several supply chain barriers that act as obstacles for speeding up global economic growth.
That is the conclusion of a report entitled “Enabling Trade: Valuing Growth Opportunities”, prepared by the World Economic Forum (WEF) in collaboration with the World Bank, and Bain & Company, a Boston-based global management consulting firm. The report was made public at the opening of the 11th Annual World Economic Forum in Davos, Switzerland.... more