 Quantitative and qualitative constructs of trade infrastructure in hilly regions - a case study of Himachal Pradesh, IndiaSaswati Tripathi, K. Rangarajan and Sumana Das International Journal of Critical Infrastructures, 2019, vol. 15, issue 1, 46-69 Abstract: The globalised world order has made infrastructural development as a priority by every country. In order to increase global market participation, the developing economies commit huge investments in improving the trade infrastructure. The investment in infrastructure in these countries is being guided by the infrastructure index constructed for the purpose. Most of these infrastructure indices are based on the social and economic indicators drawn from the hard and soft infrastructure. This paper brings out some of the shortcomings of the infrastructure index as guidance for infrastructure development. It is argued that infrastructure development should be guided, not by the size of investment but by the micro level feasibility as well as the effectiveness for improving the social and economic indicators. Keywords: trade infrastructure: H 540; multilateral trading system: F 140; trade liberalisation: O 240; infrastructure index: H 540; economies of agglomeration D210; infrastructure investment; sectoral performance; infrastructure development; infrastructure effectiveness; everything but arms F150. (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:ids:ijcist:v:15:y:2019:i:1:p:46-69 Access Statistics for this article More articles in International Journal of Critical Infrastructures from Inderscience Enterprises Ltd |
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