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Connecting Asia: Infrastructure for Integrating South and Southeast Asia

Publication | February 2016
Connecting Asia: Infrastructure for Integrating South and Southeast Asia

This book analyses how closer regional connectivity and economic integration between South Asia and Southeast Asia can benefit both regions, with a focus on the role played by infrastructure and public policies in facilitating this process.

Connecting Asia: Infrastructure for Integrating South and Southeast Asia analyses how closer regional connectivity and economic integration between South Asia and Southeast Asia can benefit both regions. With a focus on the role played by infrastructure and public policies in facilitating this process, it provides a detailed and up-to-date discussion of issues, innovations, and progress. Country studies of national connectivity issues and policies cover Bangladesh, India, Myanmar, Nepal, Sri Lanka, and Thailand, examining major developments in trade and investment, economic cooperation, the role of economic corridors, and regional cooperation initiatives.

Thematic chapters explore investment in land and sea transport infrastructure, trade facilitation, infrastructure investment financing, supporting national and regional policies, and model-based estimates of the benefits of integration. They also identify significant opportunities for strengthening these integration efforts as a result of the recent opening up of Myanmar in political, economic, and financial terms. For the first time for these regions, the book employs a state-of-the-art computable general equilibrium (CGE) model incorporating heterogeneous firms to estimate the advantages of integration.

Providing perspective on the latest thinking on integration policy, Connecting Asia is an essential resource for academics, policymakers, and business people alike.

Co-published with Edward Elgar. For orders, please contact Edward Elgar Publishing.

Contents 

  • Foreword
  • Introduction and Overview
  • Part I: Hard Infrastructure and Financing
    • Land-based Cross-border Transport Infrastructure
    • Infrastructure to Support Seaborne Trade between South Asia and Southeast Asia
    • Infrastructure Finance and Financial Sector Development for Cross-Border Connectivity
  • Part II: Soft Infrastructure and Impacts
    • Policies to Enhance Trade Facilitation
    • Implementation Challenges and Coordination Arrangements
    • Economic Implications of Deeper South Asian–Southeast Asian Integration: A CGE Approach
  • Part III: National Strategies for Connectivity
    • Myanmar: The Land Bridge
    • India: Building Connectivity under the Act East Policy
    • Thailand: Key Sub-regional Hub
    • Bangladesh: Perspectives on Deepening Cross-border Links
    • Nepal: A Connectivity-Driven Development Strategy
    • Sri Lanka: Regional Sea Transport Hub