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India’s Recent Infrastructure Development Initiatives: A Comparative Analysis of South and Southeast Asia

Author

Listed:
  • Bhattacharyya, Anushree
  • Chakraborty, Debashis

Abstract

Since the early 1990s, the number of Regional Trade Agreements has increased considerably across continents. This is resulting into increasing regional integration with substantial importance being given to cross-border connectivity development. India, a late subscriber of active RTA strategy, is enthusiastically venturing into cross-border connectivity exercises to enhance its trade integration with the neighbouring countries in recent period. Developing cross-border connectivity is currently receiving salience in the regional forums like SAARC, though limited progress has been made so far. In contrast, ASEAN is the only forum in Asia where substantial progress in integration through cross-border infrastructure augmentation has been witnessed. India has recently entered into FTA with ASEAN and is involved in several infrastructure augmentation projects in several ASEAN member countries. Given this background, the current paper seeks to analyze the Indian infrastructure development initiatives in the immediate and Southeastern neighborhood. The discussion covers the SAARC and ASEAN initiatives towards building physical infrastructure, as well as the recent aid for trade initiatives being undertaken in South and Southeast Asia. The paper concludes by drawing the lessons for SAARC members from the ASEAN experience.

Suggested Citation

  • Bhattacharyya, Anushree & Chakraborty, Debashis, 2010. "India’s Recent Infrastructure Development Initiatives: A Comparative Analysis of South and Southeast Asia," MPRA Paper 23030, University Library of Munich, Germany.
    • Handle: RePEc:pra:mprapa:23030
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    References listed on IDEAS

    as
    1. Debashis Chakraborty & Arup Guha, 2009. "Infrastructure and Economic Growth in India," Journal of Infrastructure Development, India Development Foundation, vol. 1(1), pages 67-86, June.
    2. Taneja, Nisha & Pohit, Sanjib, 2001. "India’s Informal Trade with Nepal: An Exploratory Assessment," MPRA Paper 94864, University Library of Munich, Germany.
    3. Jose Daniel Rodríguez-Delgado, 2007. "Safta: Living in a World of Regional Trade Agreements," IMF Working Papers 2007/023, International Monetary Fund.
    4. Indira M. Hapsari & Carlos Mangunsong, 2006. "Determinants of AFTA Members’ Trade Flows and Potential for Trade Diversion," Working Papers 2106, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
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    Cited by:

    1. Peter J. Rimmer, 2014. "Asian-Pacific Rim Logistics," Books, Edward Elgar Publishing, number 12949.

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    More about this item

    Keywords

    Economic Integration; Infrastructure;

    JEL classification:

    • F15 - International Economics - - Trade - - - Economic Integration
    • H54 - Public Economics - - National Government Expenditures and Related Policies - - - Infrastructures

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