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The launch of the second comparable index of global container
port performance.
Joint members of the World Bank Group and S&P
Global Market Intelligence team who had created the index discuss
the scope, underlying data, and methodology, as well as its purpose
and uses of the second Container Port Performance Index (CPPI).
The year 2021 highlighted in the starkest of terms the pivotal
role port performance plays in the timely supply of goods to
countries and their populations. The severe impacts of the COVID-19
pandemic on global container port operations showed in no uncertain
terms the very tangible repercussions of inefficient ports on their
hinterlands and populations. In the short-term this can be in the
form of shortages of essential goods and higher prices; in the
medium to longer term, inefficient ports can result in inflation,
slower economic growth, less employment, and reduced financial
performance of importers and exporters.
Developed by the World Bank Group and S&P Global Market
Intelligence, the Container Port Performance Index (CPPI) is a
comparable index of global container port performance. The index is
intended to serve as a reference point for key stakeholders in the
global economy, including national governments, port authorities,
development agencies and private organizations engaged in trade,
logistics and supply chain services.
As that reference point, the CPPI is intended to identify gaps
and opportunities for improvement in container port operations, and
to stimulate a dialogue among key stakeholders and move this
essential agenda forward.
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