Improving Seaport Performance (Updated version 2024)

Ports enhance economic development as they enable trade and support supply chains. Port investments have economic benefits that can be directed to the planning of capital projects to enhance a nations economy. Port performance is formed by three interconnected components; efficiency, effectiveness resilience. The improvement of a seaports performance is a sequence with gradual development from one extreme to another.  Seaports play a very important role-playing in world trade. Efficient ports are known to be the key source of rising integration of global economy. In this paper we shall consider these institutional aspects of port performance and  improving seaport performance.