[PDF] Infrastructures Role In Lowering Asias Trade Costs eBook

Author : Douglas H. Brooks
Publisher : Edward Elgar Publishing
Page : 256 pages
File Size : 49,52 MB
Release : 2009-01-30
Category : Business & Economics
ISBN : 1781953279

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Much of the analysis of infrastructure's impact on trade costs focuses on conditions in developed countries. This book makes an invaluable contribution to our understanding by examining the situation in developing Asia, the world's most populous and fastest growing region. This study analyzes and draws policy implications from infrastructure's central role in lowering Asia's trade costs. Infrastructure is shown to be a cost-effective means of lowering trade costs and thereby promoting regional growth and integration. This book combines thematic and country studies, while breaking new ground in.

Author : Kazutomo Abe
Publisher :
Page : 44 pages
File Size : 40,35 MB
Release : 2016
Category :
ISBN :

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The world economic crisis of 2008 presents clear challenges to prospects for economic growth in developing countries. This is particularly true for emerging economies in East Asia that have relied to a great extent over the past decade on export-led growth. What steps to facilitate trade promise a relatively strong return on investment for East Asia to help sustain trade and growth? The authors examine how port infrastructure affects trade and the role of transport costs in driving exports and imports for the region. They find that port congestion has significantly increased the transport costs to East Asia from both of the United States and Japan. The analysis suggests that cutting port congestion by 10 percent could cut transport costs in East Asia by up to 3 percent. This translates into a 0.3 to 0.5 percent across-the-board tariff cut. In addition, the estimates suggest that the trade cost reduction of investment in port infrastructure in East Asia that translates into higher consumer welfare would far outweigh the cost for physical expansion of the ports in the region.

Author : Douglas H. Brooks
Publisher : Edward Elgar Publishing
Page : 256 pages
File Size : 33,98 MB
Release : 2008-01-01
Category : Business & Economics
ISBN : 1848442734

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. . . this is a timely and useful collection of regional studies. Ben Shepherd, Asian Pacific Economic Literature Analysis of infrastructure s role in facilitating international trade and consequently regional economic integration is still rudimentary. This original book fills that knowledge gap by exploring relevant concepts, measurement issues, aspects of the implementation of trade-related infrastructure facilities and their impacts on poverty, trade, investment and macroeconomic balances. Continuing the series of books produced in association with the Asian Development Bank Institute, this study explores the virtuous cycle of infrastructure investment, trade expansion and economic growth in developing Asia. Issues relating infrastructure, both hard and soft, to trade facilitation and trade costs are defined and examined, and the role of infrastructure in regional cooperation to enhance intraregional trade is analysed. Empirical estimates of trade costs in Asia suggest there is significant room for infrastructure to lower those costs further. By approaching the infrastructure trade nexus at the regional level through cooperative activities, this study shows it is possible to increase the range of policy options and risk management opportunities. Infrastructure and Trade in Asia will be of interest to trade and infrastructure policymakers, academics at graduate and above levels involved in economic development and Asian studies as well as those in the development community interested in regional cooperation and integration.

Author : Kazutomo Abe
Publisher :
Page : pages
File Size : 35,85 MB
Release : 2012
Category :
ISBN :

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The world economic crisis of 2008 presents clear challenges to prospects for economic growth in developing countries. This is particularly true for emerging economies in East Asia that have relied to a great extent over the past decade on export-led growth. What steps to facilitate trade promise a relatively strong return on investment for East Asia to help sustain trade and growth? The authors examine how port infrastructure affects trade and the role of transport costs in driving exports and imports for the region. They find that port congestion has significantly increased the transport costs to East Asia from both of the United States and Japan. The analysis suggests that cutting port congestion by 10 percent could cut transport costs in East Asia by up to 3 percent. This translates into a 0.3 to 0.5 percent across-the-board tariff cut. In addition, the estimates suggest that the trade cost reduction of investment in port infrastructure in East Asia that translates into higher consumer welfare would far outweigh the cost for physical expansion of the ports in the region.

Author : Kazutomo Abe
Publisher :
Page : 30 pages
File Size : 10,90 MB
Release : 2013
Category :
ISBN :

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We examine how port infrastructure affects trade and role of transport costs in driving exports and imports for East Asia. Existing studies use survey indexes to explain transport costs. These do not link investment in port infrastructure to transport costs. We include in our estimates a variable to represent the congestion of the ports to explain the transport costs. We find that the port congestion has significantly increased the transport costs from East Asia to the United States. Our analysis suggests that increase in port capacity by 10 percent could cut transport cost in East Asia by up to three percent. This translates into a 0.3 to 0.5 percent across-the-board tariff cut.

Author : Asian Development Bank
Publisher : World Bank Publications
Page : 312 pages
File Size : 11,92 MB
Release : 2005
Category : Business & Economics
ISBN :

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Much of East Asia continues to grow rapidly, driven to a considerable extent by China. Urbanization is proceeding at pace. Demand for infrastructure services is increasing massively, particularly in cities. Much of the demand comes from the newly urbanized poor. Infrastructure has to meet their needs, but has also to continue to provide the underpinnings for the regionOCOs growth. The complexity of responding to these demands is greater than ever, and the cost of getting things wrong very high. Poorly conceived infrastructure investments today would have a huge environmental, economic, and social impact OCo and be very costly to fix later. Neglecting the infrastructure needs of people remaining in poor parts of East Asia OCo particularly in rural areas, and in isolated countries of the region; and failing to include them in growth, would also be costly, in human and political terms. This study is about East Asia, and itOCOs about infrastructure. ItOCOs about poverty and growth, and itOCOs about transport, water, sanitation, power, and telecommunications OCo both the infrastructure, and the infrastructure services. Infrastructure is only one part of the development challenge, but its impacts are among the most important. Connecting East Asia looks at the role that infrastructure has played in supporting East AsiaOCOs growth and looks ahead at what the challenges are for the future, and how to approach them."

Author : Asian Development Bank
Publisher :
Page : 298 pages
File Size : 17,11 MB
Release : 2009
Category : Asia
ISBN :

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This study examines major challenges and issues associated with developing regional infrastructure through the fostering of regional cooperation in Asia, and provides a framework for pan-Asian infrastructure cooperation. The study's long-term vision is the creation of a seamless Asia (an integrated region connected by world-class, environmentally friendly infrastructure) in terms of both "hard" (physical) and "soft" (facilitating) infrastructure. The soft part supports the development and operation of the hard component. Findings indicate that the benefits of upgrading and extending Asia's infrastructure networks are substantial, and that all countries in the region would benefit. A logistics network is only as good as its weakest link; each country in a regional supply chain gains from infrastructure improvements made in others. Improving connectivity in the region would bring Asia large welfare gains through increased market access, reduced trade costs, and more efficient energy production and use. According to the study, to achieve this Asia needs to invest approximately $8 trillion in overall national infrastructure between 2010 and 2020. In addition, Asia needs to spend approximately $290 billion on specific regional infrastructure projects in transport and energy that are already in the pipeline

Author : Asian Development Bank
Publisher : Asian Development Bank
Page : 235 pages
File Size : 29,70 MB
Release : 2017-02-01
Category : Business & Economics
ISBN : 9292577549

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Infrastructure is essential for development. This report presents a snapshot of the current condition of developing Asia's infrastructure---defined here as transport, power, telecommunications, and water supply and sanitation. It examines how much the region has been investing in infrastructure and what will likely be needed through 2030. Finally, it analyzes the financial and institutional challenges that will shape future infrastructure investment and development.