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the challenges facing landlocked developing countries: a case study ...

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PART 1: INTRODUCTION AND BACKGROUND<br />

As by means of water-carriage a more extensive market is opened to every sort of industry than what<br />

land-carriage alone can afford it, so it is upon <strong>the</strong> sea-coast, and along <strong>the</strong> banks of navigable rivers,<br />

that industry of every kind naturally begins to subdivide and improve itself, and it is frequently not<br />

till a long time after that those improvements extend <strong>the</strong>mselves to <strong>the</strong> inland parts of <strong>the</strong> country.<br />

(Adam Smith, Wealth of Nations I.3.3)<br />

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