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Infrastructure and Trade Facilitation in Asian APEC

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Abstract

The sharp decline in trade volume and value during the recent economic crisis has temporarily reduced the urgency of progress on trade facilitation due to lower demand and costs for transportation and reduced waiting times at border crossings. However, as trade is important for the recovery and sustained growth, pressure on transport systems is likely to increase again. The crisis and recovery offer an opportunity for progress on facilitating intra- Asian trade and boosting the region’s contribution to global economic growth. This paper examines trade facilitation among the Asian members of Asia- Pacific Economic Cooperation, and the roles of hard and soft infrastructure in improving its performance. Computable general equilibrium analysis indicates even a modest reduction in trade costs can yield significant gains. Gross domestic product in the region grows and countries’ trading patterns diversify. Of particular policy relevance is that the results vary considerably across bilateral trade routes and commodity categories.

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  • H. Brooks, Douglas & F. Stone, Susan, 2010. "Infrastructure and Trade Facilitation in Asian APEC," Asian Development Review, Asian Development Bank, vol. 27(1), pages 135-159.
  • Handle: RePEc:ris:adbadr:2715
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    Cited by:

    1. Susan Stone & Anna Strutt, 2010. "Transport Infrastructure and Trade Facilitation in the Greater Mekong Subregion," Chapters,in: Trade Facilitation and Regional Cooperation in Asia, chapter 5 Edward Elgar Publishing.
    2. Brooks, Douglas H. & Stone, Susan F., 2010. "Accelerating Regional Integration: Issues at the Border," ADBI Working Papers 200, Asian Development Bank Institute.
    3. 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.
    4. François Bafoil & Ruiwen Lin, 2010. "Re-examining the Role of Transport Infrastructure in Trade, Regional Growth and Governance: Comparing the Greater Mekong Subregion (GMS) and Central Eastern Europe (CEE)," Journal of Current Southeast Asian Affairs, Institute of Asian Studies, GIGA German Institute of Global and Area Studies, Hamburg, vol. 29(2), pages 73-119.
    5. United Nations ESCAP, 2011. "Trade Facilitation in Asia and the Pacific: An Analysis of Import and Export Processes, Studies in Trade and Investment 71," STUDIES IN TRADE AND INVESTMENT, United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), number tipub2615, September.
    6. World Bank, 2014. "Lao PDR : Trade and Transport Facilitation Assessment," World Bank Other Operational Studies 18739, The World Bank.
    7. Douglas H. Brooks & Susan F. Stone (ed.), 2010. "Trade Facilitation and Regional Cooperation in Asia," Books, Edward Elgar Publishing, number 13851.
    8. Sothy Khieng, 2009. "Towards a better understanding of the political economy of regional integration in the GMS: Stakeholder coordination and consultation for subregional trade facilitation in Cambodia," Working Papers 7509, Asia-Pacific Research and Training Network on Trade (ARTNeT), an initiative of UNESCAP and IDRC, Canada..
    9. Danielle Tan, 2014. "The Greater Mekong Subregion programme: reflections for a renewed paradigm of regionalism," Asia Europe Journal, Springer, vol. 12(4), pages 383-399, December.
    10. Siwarat Kuson & Songsak Sriboonchitta & Peter Calkins, 2012. "Household determinants of poverty in Savannakhet, Laos: Binary choice model approach," The Empirical Econometrics and Quantitative Economics Letters, Faculty of Economics, Chiang Mai University, vol. 1(3), pages 33-52, September.
    11. Pham Do, Kim Hang, 2014. "The role of issue linkage in managing the Mekong," WIDER Working Paper Series 164, World Institute for Development Economic Research (UNU-WIDER).
    12. Hoang, Truong Giang & Nguyen, Tu Anh & Nguyen, Thu Thuy, 2014. "Trade facilitation in ASEAN members - a focus on logistics policies towards ASEAN economic community," Papers 918, World Trade Institute.

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