BROWSE

Landlocked

Definition

A landlocked state or landlocked country is a sovereign state entirely enclosed by land, or whose only coastlines lie on closed seas. There are currently 49 such countries, including five partially recognised states. Only two, Bolivia and Paraguay in South America, lie outside Afro-Eurasia.

What is 'Landlocked'

In a business sense, a piece of property that is totally inaccessible via public thoroughfare, except through an adjacent lot. A vacant lot that is located behind a strip mall and can only be reached by walking through the mall qualifies as this type of lot. Landlocked property is "locked up" all around by other property.

Explaining 'Landlocked'

Landlocked property is generally worth less than other properties, due to its inaccessibility. As the old saying goes in real estate, "location, location, location." This disadvantage makes these properties harder to sell in many instances.


Further Reading


The challenges facing landlocked developing countries
www.tandfonline.com [PDF]
… therefore essential to consider how each aspect interacts with a country's economic structure in … need not be in violent conflict to severely hamper a landlocked country's economy … a major cause of the overthrow of the Nepalese panchayat government (Economist Intelligence Unit …

Financial reforms and determinants of FDI: evidence from landlocked countries in Sub-Saharan AfricaFinancial reforms and determinants of FDI: evidence from landlocked countries in Sub-Saharan Africa
www.mdpi.com [PDF]
… therefore essential to consider how each aspect interacts with a country's economic structure in … need not be in violent conflict to severely hamper a landlocked country's economy … a major cause of the overthrow of the Nepalese panchayat government (Economist Intelligence Unit …

Foreign aid, foreign direct investment and domestic investment nexus in landlocked economies of Central AsiaForeign aid, foreign direct investment and domestic investment nexus in landlocked economies of Central Asia
mpra.ub.uni-muenchen.de [PDF]
… therefore essential to consider how each aspect interacts with a country's economic structure in … need not be in violent conflict to severely hamper a landlocked country's economy … a major cause of the overthrow of the Nepalese panchayat government (Economist Intelligence Unit …

FDI, AGOA and manufactured exports by a landlocked, least developed African economy: LesothoFDI, AGOA and manufactured exports by a landlocked, least developed African economy: Lesotho
www.tandfonline.com [PDF]
… therefore essential to consider how each aspect interacts with a country's economic structure in … need not be in violent conflict to severely hamper a landlocked country's economy … a major cause of the overthrow of the Nepalese panchayat government (Economist Intelligence Unit …

Tiny, poor, land-locked, indebted, but growing: lessons for late reforming transition economies from LaosTiny, poor, land-locked, indebted, but growing: lessons for late reforming transition economies from Laos
www.tandfonline.com [PDF]
… therefore essential to consider how each aspect interacts with a country's economic structure in … need not be in violent conflict to severely hamper a landlocked country's economy … a major cause of the overthrow of the Nepalese panchayat government (Economist Intelligence Unit …

Landlocked and Geographically Disadvantaged StatesLandlocked and Geographically Disadvantaged States
www.oxfordhandbooks.com [PDF]
… therefore essential to consider how each aspect interacts with a country's economic structure in … need not be in violent conflict to severely hamper a landlocked country's economy … a major cause of the overthrow of the Nepalese panchayat government (Economist Intelligence Unit …

Geopolitics of landlocked states in South Asia: a comparative analysis of Afghanistan and NepalGeopolitics of landlocked states in South Asia: a comparative analysis of Afghanistan and Nepal
www.tandfonline.com [PDF]
… therefore essential to consider how each aspect interacts with a country's economic structure in … need not be in violent conflict to severely hamper a landlocked country's economy … a major cause of the overthrow of the Nepalese panchayat government (Economist Intelligence Unit …

Landlocked and transit developing countries: Nepal's transit route negotiations with IndiaLandlocked and transit developing countries: Nepal's transit route negotiations with India
www.tandfonline.com [PDF]
… therefore essential to consider how each aspect interacts with a country's economic structure in … need not be in violent conflict to severely hamper a landlocked country's economy … a major cause of the overthrow of the Nepalese panchayat government (Economist Intelligence Unit …

Exchange rate policy and export performance in a landlocked developing country: The case of NepalExchange rate policy and export performance in a landlocked developing country: The case of Nepal
www.sciencedirect.com [PDF]
… therefore essential to consider how each aspect interacts with a country's economic structure in … need not be in violent conflict to severely hamper a landlocked country's economy … a major cause of the overthrow of the Nepalese panchayat government (Economist Intelligence Unit …



Q&A About Landlocked


Why does landlocked property generally have less value than other properties?

The inaccessibility makes it harder to sell the landlocked property.

What is landlocked property?

Landlocked property is a piece of property that cannot be reached by public thoroughfare except through an adjacent lot.

What are landlocked developing countries?

Landlocked developing countries (LLDCs) are a type of developing country that is landlocked.

Why are LLDCs disadvantaged?

They experience economic and other disadvantages.

How much less growth do they experience than their non-landlocked counterparts?

They experience economic growth 6 less than their non-landlocked counterparts, holding other variables constant.

What does the article talk about?

The article talks about landlocked developing countries.

How can you reach landlocked property?

You must walk through an adjacent lot.