Resource information
Air and sea transport power the global
economy. Since the vast majority of trade is physical, it
must travel by plane or ship to reach its market. In fact,
high value, time-sensitive goods usually fly through at
least two airports, and almost every container passes
through at least two seaports. When ports are efficient,
people receive the goods theyre waiting for, sellers receive
payment, and global economic development is strengthened.
Public-private partnerships (PPPs) push this development
forward with greater speed and richer benefits. In this
issue, handshake turns its attention to air and sea
transport (expect a companion issue on road and rail in
October 2012). In the air, we deconstruct myths surrounding
airport PPPs, learn brutally honest lessons from experiences
in airline privatization, and revisit the liberalization of
African skies. For seaports, the authors examine private
investment, glimpse the post concession era, and witness the
PPP evolution.
