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Pawns in the Game: Ports in a Global Transportation System
Author(s) -
SLACK BRIAN
Publication year - 1993
Publication title -
growth and change
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.657
H-Index - 55
eISSN - 1468-2257
pISSN - 0017-4815
DOI - 10.1111/j.1468-2257.1993.tb00138.x
Subject(s) - port (circuit theory) , monopoly , business , control (management) , scale (ratio) , industrial organization , economics , market economy , engineering , management , electrical engineering , physics , quantum mechanics
Although they are required to make very large investments, port authorities are discovering that they have less and less control over their destinies. The major decisions affecting port traffic are made by shipping lines whose activities are global in scale. This paper examines the plight of public monopoly ports in a highly competitive environment. Several policy options are discussed.