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East Asian Infrastructure Development in a Comparative Global Perspective : An Analysis of RIS Infrastructure Index

  • Nagesh Kumar

    (RIS)

  • Prabir De

Development of infrastructure is one of the key priorities of East Asia Summit (EAS) countries. By constructing an Infrastructure Index for 104 countries comprising all the EAS members, this paper examines the levels of infrastructure attainment of EAS countries in a comparative global perspective over time and space. It makes observations on the gaps between EAS countries in terms of infrastructure development, their overtime performance, and provides some policy recommendations for narrowing the gaps. The Infrastructure Index developed in this paper reveals very wide gaps in terms of infrastructure attainment across the EAS region, which seem to have widened rather than narrowed over time. The findings of this paper suggest that infrastructure development in the lagging EAS region needs to be paid due attention if the regional inequalities are not to widen further. The paper recommends creating a regional mechanism in order to utilize the regions foreign exchange reserves for development of regional cross-border connectivity and other infrastructure services, which, if followed, will not only assist in generation of new demand within the region but also strengthen the regional integration process in EAS.

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File URL: http://www.eaber.org/node/22114
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Paper provided by East Asian Bureau of Economic Research in its series Development Economics Working Papers with number 22114.

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Date of creation: Jan 2008
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Handle: RePEc:eab:develo:22114
Contact details of provider: Postal: JG Crawford Building #13, Asia Pacific School of Economics and Government, Australian National University, ACT 0200
Web page: http://www.eaber.org

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  1. Antonio Estache, 1994. "World Development Report: Infrastructure for Development," ULB Institutional Repository 2013/44144, ULB -- Universite Libre de Bruxelles.
  2. Nagesh Kumar, 2000. "Explaining the geography and depth of international production: The case of US and Japanese multinational enterprises," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 136(3), pages 442-477, 09.
  3. Nagesh Kumar, 1998. "Multinational enterprises, regional economic integration, and export-platform production in the host countries: An empirical analysis for the US and Japanese corporations," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 134(3), pages 450-483, September.
  4. Theodore H. Moran, 1998. "Foreign Direct Investment and Development: The New Policy Agenda for Developing Countries and Economies in Transition," Peterson Institute Press: All Books, Peterson Institute for International Economics, number 53, December.
  5. Canning, David, 1998. "A Database of World Stocks of Infrastructure, 1950-95," World Bank Economic Review, World Bank Group, vol. 12(3), pages 529-47, September.
  6. De, Prabir, 2006. "Trade, Infrastructure and Transaction Costs: The Imperatives for Asian Economic Cooperation," Journal of Economic Integration, Center for Economic Integration, Sejong University, vol. 21, pages 708-735.
  7. √Čtienne Gilbert, 1994. "Banque mondiale, World Development Report 1994, Infrastructure for development," Revue Tiers Monde, Programme National Pers√©e, vol. 35(140), pages 939-939.
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