Boxing clever: containerisation and globalisation

Mike Asteris, Rob Thomas

Research output: Contribution to journalArticlepeer-review

Abstract

The economic dimensions of globalisation are underpinned by comparative advantage. Arguably, however, discussion of this economic principle does not always place sufficient emphasis on the importance of transport in the determination of relative prices. This case study shows how containerised shipping has reduced transport costs and thereby facilitated globalisation.
Original languageEnglish
Pages (from-to)21-23
Number of pages3
JournalTeaching Business & Economics
Volume13
Issue number1
Publication statusPublished - Apr 2009

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