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Evaluating the Effectiveness of GMS Economic Corridors: Why is There More Focus on the Bangkok-Hanoi Road than the East-West Corridor?

Author

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  • Ishida, Masami

Abstract

Since the inauguration of the Greater Mekong Sub-region (GMS) Economic Cooperation Program in 1992, road infrastructure projects have played a very important role. Their economic significance, especially, has become a focal point after the introduction of the concept of the three economic corridors in 1998: the East-West Economic Corridor; the North-South Economic Corridor; and the Southern Economic Corridor (Figure 1). The completion of the Second International Mekong Bridge between Mukdahan, Thailand and Savannakhet, Laos was an epoch-making event in the development of the East-West Economic Corridor. The business community, however, has paid more attention to the Bangkok-Hanoi Road than the East-West Economic Corridor. This study examines the reasons why the former has received more focus than the latter, by using criteria such as population density and the economic scale at a provincial or state level. Thereafter, the effectiveness of other economic corridors is examined, by applying the same criteria.

Suggested Citation

  • Ishida, Masami, 2007. "Evaluating the Effectiveness of GMS Economic Corridors: Why is There More Focus on the Bangkok-Hanoi Road than the East-West Corridor?," IDE Discussion Papers 123, Institute of Developing Economies, Japan External Trade Organization(JETRO).
    • Handle: RePEc:jet:dpaper:dpaper123
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    Citations

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    Cited by:

    1. 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.
    2. Rimmer, Peter J. & Dick, Howard, 2010. "Appropriate Economic Space for Transnational Infrastructural Projects: Gateways, Multimodal Corridors, and Special Economic Zones," ADBI Working Papers 237, Asian Development Bank Institute.
    3. Peter J. Rimmer & Howard Dick, 2012. "Economic space for transnational infrastructure: gateways, multimodal corridors and special economic zones," Chapters, in: Biswa Nath Bhattacharyay & Masahiro Kawai & Rajat M. Nag (ed.), Infrastructure for Asian Connectivity, chapter 7, pages 217-253, Edward Elgar Publishing.
    4. 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.
    5. ., 2012. "Socio-economic impact of regional transport infrastructure in the Greater Mekong Subregion," Chapters, in: Biswa Nath Bhattacharyay & Masahiro Kawai & Rajat M. Nag (ed.), Infrastructure for Asian Connectivity, chapter 4, pages 95-138, Edward Elgar Publishing.
    6. Douglas H. Brooks & Susan F. Stone (ed.), 2010. "Trade Facilitation and Regional Cooperation in Asia," Books, Edward Elgar Publishing, number 13851.

    More about this item

    Keywords

    Transportation; Gravity; Population; Regional Income; Thailand; Vietnam; Southeast Asia; Regional economic cooperation; Greater Mekong Sub-region (GMS); 運送; 引力; 人口; 地域所得; タイ; ベトナム; 東南アジア; 域内経済協力; 大メコン圏;
    All these keywords.

    JEL classification:

    • M31 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Marketing and Advertising - - - Marketing
    • R40 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Transportation Economics - - - General
    • R58 - Urban, Rural, Regional, Real Estate, and Transportation Economics - - Regional Government Analysis - - - Regional Development Planning and Policy

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