To learn more about this issue, see chapter 1 of Out Of the Border Labyrinth, a report published by the IDB’s Integration and Trade Sector, and IDB Working Paper series no. IDB-WP-782, Endogenous Border Times. In recent years, various indicators have been developed to measure time at the border. In general, these measures are based on surveys of international freight … [Read more...] about How long does it take to cross borders? From surveys and one-dimensional measures to big data
In April 2010, the Eyjafjallajökull volcano erupted in Iceland, ejecting an ash cloud that shut down European airspace for days. Transatlantic air shipments of key manufacturing inputs were significantly delayed, which caused production to be put on hold in several US automobile factories. Interruptions like these incur major costs that often go far beyond the market value of … [Read more...] about Miles of Red Tape and Piles of Paperwork: How We Can Simplify Labyrinthine Borders and Bring Countries Closer to International Markets?