Infrastructure as a Catalyst for Regional Integration, Growth, and Economic Convergence: Scenario Analysis for Asia 

60 Pages Posted: 13 Aug 2024

Date Written: December 01, 2006

Abstract

As Asia's economic growth process matures, regional integration offers important opportunities to sustain and extend the achievements of the more dynamic economies. Benefits from this process will include geographic diversification, often toward superior growth rates, as well as structural differentiation and more rapid evolution from established north–south patterns of trade and specialization. Propagation of growth linkages across this diverse region will also facilitate more inclusive growth and economic convergence. Infrastructure commitments can be an essential guarantor of the entire process, and this paper examines their potential to contribute to more sustained and broadly based Asian growth.

Keywords: Asia, economic growth, regional integration, infrastructure, inclusive growth

JEL Classification: O10, O53, R11

Suggested Citation

Roland-Holst, David, Infrastructure as a Catalyst for Regional Integration, Growth, and Economic Convergence: Scenario Analysis for Asia  (December 01, 2006). ADB Economics Working Paper Series No. 91, Available at SSRN: https://ssrn.com/abstract=4921528 or http://dx.doi.org/10.2139/ssrn.4921528

David Roland-Holst (Contact Author)

University of California, Berkeley ( email )

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