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Infrastructure and Trade Facilitation in Asian APEC

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Abstract

The sharp decline in trade volume and value during the recent economic crisis has temporarily reduced the urgency of progress on trade facilitation due to lower demand and costs for transportation and reduced waiting times at border crossings. However, as trade is important for the recovery and sustained growth, pressure on transport systems is likely to increase again. The crisis and recovery offer an opportunity for progress on facilitating intra- Asian trade and boosting the region’s contribution to global economic growth. This paper examines trade facilitation among the Asian members of Asia- Pacific Economic Cooperation, and the roles of hard and soft infrastructure in improving its performance. Computable general equilibrium analysis indicates even a modest reduction in trade costs can yield significant gains. Gross domestic product in the region grows and countries’ trading patterns diversify. Of particular policy relevance is that the results vary considerably across bilateral trade routes and commodity categories.

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  • H. Brooks, Douglas & F. Stone, Susan, 2010. "Infrastructure and Trade Facilitation in Asian APEC," Asian Development Review, Asian Development Bank, vol. 27(1), pages 135-159.
    • Handle: RePEc:ris:adbadr:2715
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    Cited by:

    1. Susan Stone & Anna Strutt, 2010. "Transport Infrastructure and Trade Facilitation in the Greater Mekong Subregion," Chapters, in: Douglas H. Brooks & Susan F. Stone (ed.), Trade Facilitation and Regional Cooperation in Asia, chapter 5, Edward Elgar Publishing.
    2. Brooks, Douglas H. & Stone, Susan F., 2010. "Accelerating Regional Integration: Issues at the Border," ADBI Working Papers 200, Asian Development Bank Institute.
    3. Phouphet Kyophilavong & Xaignasack Lassachack & Thanouxay Volavong, 2016. "Do cash transfers help the poor during trade liberalization? Evidence from Laos," International Area Studies Review, Center for International Area Studies, Hankuk University of Foreign Studies, vol. 19(4), pages 355-371, December.
    4. Kamalbek Karymshakov & Burulcha Sulaimanova, 2021. "The impact of infrastructure on trade in Central Asia," Asia Europe Journal, Springer, vol. 19(1), pages 5-20, December.
    5. To, Minh Thu & Lee, Hiro, 2014. "Assessing the impacts of deeper trade reform in Vietnam in a general equilibrium framework," MPRA Paper 82271, University Library of Munich, Germany.
    6. Stone, Susan F. & Strutt, Anna & Hertel, Thomas, 2009. "Assessing Socioeconomic Impacts of Transport Infrastructure Projects in the Greater Mekong Subregion," Conference papers 331872, Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project.
    7. François Bafoil & Ruiwen Lin, 2010. "Re-examining the Role of Transport Infrastructure in Trade, Regional Growth and Governance: Comparing the Greater Mekong Subregion (GMS) and Central Eastern Europe (CEE)," Journal of Current Southeast Asian Affairs, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 29(2), pages 73-119.
    8. United Nations ESCAP, 2011. "Trade Facilitation in Asia and the Pacific: An Analysis of Import and Export Processes, Studies in Trade and Investment 71," STUDIES IN TRADE AND INVESTMENT, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), number tipub2615, April.
    9. World Bank, 2014. "Lao PDR : Trade and Transport Facilitation Assessment," World Bank Publications - Reports 18739, The World Bank Group.
    10. Douglas H. Brooks & Susan F. Stone (ed.), 2010. "Trade Facilitation and Regional Cooperation in Asia," Books, Edward Elgar Publishing, number 13851.
    11. Jeong-Soo OH, 2014. "Does ASEAN-Korea FTA Reduce Poverty in Laos? The Roles of FDI and Trade Facilitation," Journal of Social and Development Sciences, AMH International, vol. 5(2), pages 50-57.
    12. A S M Abdul Quium, 2019. "Transport Corridors for Wider Socio–Economic Development," Sustainability, MDPI, vol. 11(19), pages 1-23, September.
    13. Sothy Khieng, 2009. "Towards a better understanding of the political economy of regional integration in the GMS: Stakeholder coordination and consultation for subregional trade facilitation in Cambodia," Working Papers 7509, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
    14. Takuya Yamaguchi & Ryuichi Shibasaki & Hiroyuki Samizo & Hisanari Ushirooka, 2021. "Impact on Myanmar’s Logistics Flow of the East–West and Southern Corridor Development of the Greater Mekong Subregion—A Global Logistics Intermodal Network Simulation," Sustainability, MDPI, vol. 13(2), pages 1-22, January.
    15. Danielle Tan, 2014. "The Greater Mekong Subregion programme: reflections for a renewed paradigm of regionalism," Asia Europe Journal, Springer, vol. 12(4), pages 383-399, December.
    16. Aggarwal, Aradhna, 2020. "The Concept, Evolution, Impacts and Critical Success Factors of Regional Economic Corridors," MPRA Paper 110706, University Library of Munich, Germany, revised 16 Nov 2021.
    17. Siwarat Kuson & Songsak Sriboonchitta & Peter Calkins, 2012. "Household determinants of poverty in Savannakhet, Laos: Binary choice model approach," The Empirical Econometrics and Quantitative Economics Letters, Faculty of Economics, Chiang Mai University, vol. 1(3), pages 33-52, September.
    18. Pham Do, Kim Hang, 2014. "The role of issue linkage in managing the Mekong," WIDER Working Paper Series 164, World Institute for Development Economic Research (UNU-WIDER).
    19. MILE 13, Truong Giang Hoang & Nguyen, Tu Anh & Nguyen, Thu Thuy, 2014. "Trade facilitation in ASEAN members - a focus on logistics policies towards ASEAN economic community," Papers 918, World Trade Institute.
    20. Srimal Fernando & Pankaj Jha, 2021. "Exploring the Impacts of Economic Corridors on South Asian Countries," India Quarterly: A Journal of International Affairs, , vol. 77(3), pages 404-423, September.

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