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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?

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Author Info
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.

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File URL: http://ir.ide.go.jp/dspace/bitstream/2344/632/1/ARRIDE_Discussion_No.123_ishida.pdf
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File Function: First version, 2007
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Publisher Info
Paper provided by Institute of Developing Economies, Japan External Trade Organization(JETRO) in its series IDE Discussion Papers with number 123.

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Date of creation: Oct 2007
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Publication status: Published in IDE Discussion Paper. No. 123. 2007.10
Handle: RePEc:jet:dpaper:dpaper123

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Related research
Keywords: Transportation Gravity Population Regional Income Thailand Vietnam Southeast Asia Regional economic cooperation Greater Mekong Sub-region (GMS)

Find related papers by JEL classification:
M31 - Business Administration and Business Economics; Marketing; Accounting - - Marketing and Advertising - - - Marketing
R40 - Urban, Rural, and Regional Economics - - Transportation Systems - - - General
R58 - Urban, Rural, and Regional Economics - - Regional Government Analysis - - - Regional Development Policy

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