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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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  • 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/2344/632/3/ARRIDE_Discussion_No.123_ishida.pdf
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Bibliographic 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);

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Cited by:
  1. Stone, Susan & Strutt, Anna & Hertel, Thomas, 2010. "Assessing Socioeconomic Impacts of Transport Infrastructure Projects in the Greater Mekong Subregion," ADBI Working Papers 234, Asian Development Bank Institute.
  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.

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