IDEAS home Printed from https://ideas.repec.org/p/ess/wpaper/id2646.html
   My bibliography  Save this paper

Institutions for Asian Connectivity

Author

Listed:
  • Biswa N Bhattacharyay

Abstract

To make Asia more economically sustainable and resilient against external shocks, regional economies need to be rebalanced toward regional demand- and trade-driven growth through increased regional connectivity. The effectiveness of connectivity depends on the quality of hard and soft infrastructure. Of particular importance in terms of soft infrastructure which makes hard infrastructure work are the facilitating institutions that support connectivity through appropriate policies, reforms, systems, and procedures and through promoting effective coordination and cooperation. Asia has many overlapping subregional institutions involved in national and regional energy, transport, and telecommunications infrastructure connectivity. However, these institutions are characterized as being less effective, informal, and lacking a clear and binding system of rules and policies. This paper draws linkages between connectivity, growth and development, governance, and institutions. It details the benefits the region could achieve by addressing needed connectivity enhancements and the connectivity and financing challenges it faces. In addition, it presents various institutional options for regional infrastructure financing. To build seamless Asian connectivity, Asia needs an effective, formal, and rules-based institutional framework. The paper presents a new institutional framework together with the organizational structures of two new regional institutional mechanisms, namely the Pan-Asian Infrastructure Forum and the Asian Infrastructure Fund. [ADBI WP 220]

Suggested Citation

  • Biswa N Bhattacharyay, 2010. "Institutions for Asian Connectivity," Working Papers id:2646, eSocialSciences.
    • Handle: RePEc:ess:wpaper:id:2646
    Note: Institutional Papers
    as

    Download full text from publisher

    File URL: http://www.esocialsciences.org/Download/repecDownload.aspx?fname=Document1972010560.8155023.pdf&fcategory=Articles&AId=2646&fref=repec
    Download Restriction: no
    ---><---

    Other versions of this item:

    References listed on IDEAS

    as
    1. John B. Kidd & Frank-Jürgen Richter, 2005. "Infrastructure and Productivity in Asia," Palgrave Macmillan Books, Palgrave Macmillan, number 978-0-230-52356-2, March.
    2. Clay Wescott, 2005. "Improving Road Administration in the Asia-Pacific Region: Some Lessons from Experience," Palgrave Macmillan Books, in: Infrastructure and Productivity in Asia, chapter 7, pages 123-143, Palgrave Macmillan.
    3. T. Sonobe & D. Hu & K. Otsuka, 2002. "Process of Cluster Formation in China: A Case Study of a Garment Town," Journal of Development Studies, Taylor & Francis Journals, vol. 39(1), pages 118-139.
    4. Biswa Nath Bhattacharyay, 2010. "Institutions For Asian Connectivity," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 1(02), pages 309-335.
    5. Gündüz Atalik & Manfred M. Fischer (ed.), 2002. "Regional Development Reconsidered," Advances in Spatial Science, Springer, number 978-3-642-56194-8.
    6. Krugman, Paul, 1991. "Increasing Returns and Economic Geography," Journal of Political Economy, University of Chicago Press, vol. 99(3), pages 483-499, June.
    7. Roger Vickerman, 2002. "Restructuring of Transportation Networks," Advances in Spatial Science, in: Gündüz Atalik & Manfred M. Fischer (ed.), Regional Development Reconsidered, chapter 8, pages 148-159, Springer.
    8. Biswa Nath Bhattacharyay, 2010. "Financing Asia’s Infrastructure : Modes of Development and Integration of Asian Financial Markets," Finance Working Papers 21883, East Asian Bureau of Economic Research.
    9. Biswa N Bhattacharyay & Prabir De, 2009. "Restoring the Asian Silk Route: Toward an Integrated Asia," Working Papers id:2165, eSocialSciences.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Biswa Nath Bhattacharyay, 2010. "Institutions For Asian Connectivity," Journal of International Commerce, Economics and Policy (JICEP), World Scientific Publishing Co. Pte. Ltd., vol. 1(02), pages 309-335.
    2. Peter J. Rimmer, 2014. "Asian-Pacific Rim Logistics," Books, Edward Elgar Publishing, number 12949.
    3. Angelopulo, George, 2021. "A comparative measure of inclusive urbanisation in the cities of Africa," World Development Perspectives, Elsevier, vol. 22(C).
    4. Francesco Parola & Jasmine Siu Lee Lam, 2018. "An empirical investigation of logistics infrastructure projects in emerging economies," Maritime Economics & Logistics, Palgrave Macmillan;International Association of Maritime Economists (IAME), vol. 20(1), pages 48-71, March.
    5. Biswa Nath Bhattacharyay, 2010. "Estimating Demand for Infrastructure in Energy, Transport, Telecommunications, Water and Sanitation in Asia and the Pacific: 2010-2020," Working Papers id:2911, eSocialSciences.
    6. Chin, Gregory, 2012. "Responding to the Global Financial Crisis: The Evolution of Asian Regionalism and Economic Globalization," ADBI Working Papers 343, Asian Development Bank Institute.
    7. Aalto, Pami, 2014. "Energy market integration and regional institutions in east Asia," Energy Policy, Elsevier, vol. 74(C), pages 91-100.
    8. Libman, Alexander & Vinokurov, Evgeny, 2016. "Региональные Организации: Типы И Логика Развития [Regional Organizations: Typology and Development Paths]," MPRA Paper 79383, University Library of Munich, Germany.
    9. Vaqar, Ahmed & Ghulam, Samad, 2011. "Trade facilitation for economic corridors in South Asia: the perspective of Pakistan," MPRA Paper 31368, University Library of Munich, Germany.
    10. Biswa Bhattacharyay, 2012. "Seamless sustainable transport connectivity in Asia and the Pacific: prospects and challenges," International Economics and Economic Policy, Springer, vol. 9(2), pages 147-189, June.
    11. Biswa N. Bhattacharyay, 2011. "Toward a Sustainable Transport Development in Asia and the Pacific," CESifo Working Paper Series 3539, CESifo.
    12. Biswa Nath Bhattacharyay & Madhurima Bhattacharyay, 2017. "Institutional Architecture for Financing Pan-Asian Infrastructure Connectivity," CESifo Working Paper Series 6422, CESifo.
    13. Biswa Nath Bhattacharyay, 2012. "Estimating demand for infrastructure, 2010–2020," Chapters, in: Biswa Nath Bhattacharyay & Masahiro Kawai & Rajat M. Nag (ed.), Infrastructure for Asian Connectivity, chapter 2, pages 19-79, Edward Elgar Publishing.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Prabir De, 2010. "Governance, Institutions, and Regional Infrastructure in Asia," Governance Working Papers 22878, East Asian Bureau of Economic Research.
    2. Prabir De, 2010. "Governance, Institutions, and Regional Infrastructure in Asia," Working Papers id:3029, eSocialSciences.
    3. Biswa Nath Bhattacharyay & Madhurima Bhattacharyay, 2017. "Institutional Architecture for Financing Pan-Asian Infrastructure Connectivity," CESifo Working Paper Series 6422, CESifo.
    4. Peter J. Rimmer, 2014. "Asian-Pacific Rim Logistics," Books, Edward Elgar Publishing, number 12949.
    5. Biswa N Bhattacharyay & Prabir De, 2009. "Restoring the Asian Silk Route: Toward an Integrated Asia," Working Papers id:2165, eSocialSciences.
    6. Prabir De & Muthi Samudram & Sanjeev Moholkar, 2010. "Trends in National and Regional Investors Financing Crossborder Infrastructure Projects in Asia," Trade Working Papers 21880, East Asian Bureau of Economic Research.
    7. Xu, Cheng-Gang & Guo, Di & Jiang, Kun & Yang, Xiyi, 2017. "Clustering, Growth, and Inequality in China," CEPR Discussion Papers 12543, C.E.P.R. Discussion Papers.
    8. repec:jes:wpaper:y:2012:v:4:p:316-322 is not listed on IDEAS
    9. Madalina-Stefania Dirzu, 2012. "A Conceptual Approach To Economic Agglomerations," CES Working Papers, Centre for European Studies, Alexandru Ioan Cuza University, vol. 4(3), pages 316-322, September.
    10. Prabir De & Muthi Samudram & Sanjeev Moholkar, 2010. "Trends in National and Regional Investors Financing Crossborder Infrastructure Projects in Asia," Working Papers id:2939, eSocialSciences.
    11. Davenport, Sally, 2005. "Exploring the role of proximity in SME knowledge-acquisition," Research Policy, Elsevier, vol. 34(5), pages 683-701, June.
    12. Mark Partridge & M. Rose Olfert & Alessandro Alasia, 2007. "Canadian cities as regional engines of growth: agglomeration and amenities," Canadian Journal of Economics, Canadian Economics Association, vol. 40(1), pages 39-68, February.
    13. João Juchem Neto & Julio Claeyssen, 2015. "Capital-induced labor migration in a spatial Solow model," Journal of Economics, Springer, vol. 115(1), pages 25-47, May.
    14. Arcalean, Calin & Glomm, Gerhard & Schiopu, Ioana, 2012. "Growth effects of spatial redistribution policies," Journal of Economic Dynamics and Control, Elsevier, vol. 36(7), pages 988-1008.
    15. Marcel Bednarz & Tom Broekel, 2020. "Pulled or pushed? The spatial diffusion of wind energy between local demand and supply," Industrial and Corporate Change, Oxford University Press and the Associazione ICC, vol. 29(4), pages 893-916.
    16. Joan R Rosés & Nikolaus Wolf, 2021. "Regional growth and inequality in the long-run: Europe, 1900–2015," Oxford Review of Economic Policy, Oxford University Press and Oxford Review of Economic Policy Limited, vol. 37(1), pages 17-48.
    17. Emma Howard, 2017. "Social networks, geographic proximity, and firm performance in Vietnam," WIDER Working Paper Series wp-2017-69, World Institute for Development Economic Research (UNU-WIDER).
    18. Ingrid Ott & Susanne Soretz, 2006. "Governmental activity, integration, and agglomeration," Working Paper Series in Economics 57, University of Lüneburg, Institute of Economics.
    19. Gao, Ting, 2004. "Regional industrial growth: evidence from Chinese industries," Regional Science and Urban Economics, Elsevier, vol. 34(1), pages 101-124, January.
    20. María Ayuda & Fernando Collantes & Vicente Pinilla, 2010. "From locational fundamentals to increasing returns: the spatial concentration of population in Spain, 1787–2000," Journal of Geographical Systems, Springer, vol. 12(1), pages 25-50, March.
    21. Vasco Leite & Sofia Castro & João Correia-da-Silva, 2009. "The core periphery model with asymmetric inter-regional and intra-regional trade costs," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 8(1), pages 37-44, April.

    More about this item

    Keywords

    connectivity; Asia; telecommunications infrastructure; institutional mechanisms; Pan-Asian Infrastructure Forum; Asian Infrastructure Fund; trade-driven growth; Asia;
    All these keywords.

    JEL classification:

    • R10 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - General Regional Economics - - - General
    • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General
    • R42 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government and Private Investment Analysis; Road Maintenance; Transportation Planning
    • R48 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - Government Pricing and Policy
    • R50 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - General
    • R51 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Finance in Urban and Rural Economies
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ess:wpaper:id:2646. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Padma Prakash (email available below). General contact details of provider: http://www.esocialsciences.org .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.