Description
(Text)
Not all countries are blessed with the advantage of having access to sea. These countries constitute a singular sub grouping called landlocked states. Geographical factor is the main drawback in the development process and trade competitiveness of these countries. Landlocked countries are the ones not having any seacoast as opposed to other geographically disadvantaged states. They are also among the most underperforming countries in the world measured by various economic dimensions. There is empirical evidence that landlockedness puts repercussions on the socio-economic development of these countries; about 15% of the states of the world are developing landlocked states. Thus, this essay sets out to examine the desperate plight of landlocked states caused by a geographic handicap. It has to be taken into account that being landlocked means to have limited and more costly access to the world market. Furthermore, the plight of a landlocked state is very much dependent on the location and it is hardly surprising that there is no single high-income landlocked country outside of Europe. Additionally, the Republic of Armenia, being a landlocked state, not only can't avoid the susceptibility and obstacles brought by the absence of access to sea, but also suffers more than other landlocked countries due to the lack of natural resources and border blockages. So, in this regard and as an example for other states, this issue is a significant one for Armenia that demands special study. The conclusions the author compiles are worth to be considered.
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Table of Contents1. Introduction 2. The Conception of Landlocked States 3. Historical Characteristics 4. Landlocked Countries - Challenged By Geography 5. Research Questions and Hypothesis 6. Methodology 7. The Theoretical Base 8. The Principle of Freedom of the High Seas and Right of Access as an International Servitude9. International Conventions on Freedom of Transit 10. Ensuring Access through National or Most Favored Nation (MFN) Treatment 11. Flag of Convenience Approach 12. Soft Law Mechanisms 13. The Burden of Landlockedness 14. Measuring Transport Costs: CIF/FOB Margins 15. Economic and Developmental Challenges 16. Foreign Direct Investment 17. The Logistics Performance of Landlocked Developing Countries 18. Assessing the Economic Value of Time for LLS 19. Social and Economic Performance 20. Economic Development of LLSs 21. Armenia: The Landlocked Country Transit Issues 22. Trade Policies and Market Access 23. Transportation Costs for the ROA 24. Conclusions and Recommendations
