Fiscal Policy Coordination in Asia: East Asian Infrastructure Investment Fund
East Asian countries were seriously affected by the 2008 global crisis through a steep fall in exports. This experience exposed the vulnerability of the East Asian growth model and emphasized the importance of generating regional growth by expanding domestic demand and enlarging intra-regional trade. A key factor to achieving higher regional economic growth and enlarging intra-regional trade is the better connectivity of infrastructure such as roads, ports, airports, and rail links. Although some East Asian countries have made large investments in improving their infrastructures, others still lag behind. [ADBI Working Paper 232]
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Estache, Antonio, 2004. "Emerging infrastructure policy issues in developing countries - a survey of the recent economic literature," Policy Research Working Paper Series 3442, The World Bank.
- Joshua Aizenman, 2007.
"Large Hoarding of International Reserves and the Emerging Global Economic Architecture,"
NBER Working Papers
13277, National Bureau of Economic Research, Inc.
- Joshua Aizenman, 2008. "Large Hoarding Of International Reserves And The Emerging Global Economic Architecture," Manchester School, University of Manchester, vol. 76(5), pages 487-503, 09.
- Neill, Jon R., 1996. "Fueling the engine of growth with investment in infrastructure: A lesson from neoclassical growth theory," Journal of Macroeconomics, Elsevier, vol. 18(3), pages 521-529.
- World Bank, . "East Asia and Pacific Update, April 2009 : Battling the Forces of Global Recession," World Bank Other Operational Studies 14684, The World Bank.
- Pau Rabanal, 2004. "Monetary Policy Rules and the U.S. Business Cycle; Evidence and Implications," IMF Working Papers 04/164, International Monetary Fund.
- Gramlich, Edward M, 1994. "Infrastructure Investment: A Review Essay," Journal of Economic Literature, American Economic Association, vol. 32(3), pages 1176-96, September.
When requesting a correction, please mention this item's handle: RePEc:ess:wpaper:id:2960. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Padma Prakash)
If references are entirely missing, you can add them using this form.