Fiscal Policy Coordination in Asia: East Asian Infrastructure Investment Fund
Mahani Zainal Abidin ()
Working Papers from eSocialSciences
Abstract:
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]
Keywords: East Asian; exports; global crisis; intra-regional trade; roads; ports; airports (search for similar items in EconPapers)
Date: 2010-10
New Economics Papers: this item is included in nep-sea
Note: Institutional Papers
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