Economic Integration and Infrastructure in Asia : Presentation and Discussion at the 2010 Global Development Network Conference in Prague (Development)

神奈川県茅ヶ崎市 The importance of infrastructure in economic development is self evident. It is especially important for deepening economic integration which may generate positive outcomes. The Asian economies are on the way to economic integration, but further development necessitates the development of infrastructure. Asian countries should have a common goal and framework for integration as well as mechanism of financing and capacity development to carry out programmes for the development of infrastructure. The effective implementation of infrastructure development programmes may create regional demand and lessen dependence on the external market, which is one of the characteristic to make the regional economy vulnerable the shocks