Customs involvement in the competitiveness of emerging markets.

Abstract

The objective of this research is to scrutinize the efficiency of customs operations and the value they generate through their performance, juxtaposing their performance against GDP in emerging countries as opposed to developed ones. This analysis aims to delineate both the advantages and disadvantages within these domains. It provides insights into the international competitiveness of emerging countries, particularly the BRICS nations, from multifaceted perspectives such as logistical performance and international trade. Methodologically, it draws upon a comprehensive review of literature pertaining to customs operations and logistics, supplemented by reports from esteemed institutions including the World Bank, UNCTAD, IMF, and the Santander Trade database.

The findings underscore the significance of the BRICS nations on the global stage, as they stand as pivotal emerging economies and are perceived as novel avenues for investment, trade, and broader economic development.