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Herman L. Boschken

GLOBAL ECONOMIC DEVELOPMENT AND MARITIME TRANSPORTATION

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Full-Text Articles in Economic Policy

The New Panama Canal In A Global Context, Herman L. Boschken Jun 2015

The New Panama Canal In A Global Context, Herman L. Boschken

Herman L. Boschken

Without the "container revolution" (1970-present) and its redesign of seaport and maritime-trade infrastructures, globalization as we know it would not exist. With the recent enlargements of the Panama and Suez Canals, many new implications for U.S. economic trade are unfolding. This presentation at the Commonwealth Club of California, outlines recent changes in world trade and infrastructure development, and poses five factors that will likely determine winners and losers in the unfolding developments of this highly competitive world trade-route system.