Transportation Infrastructure Investments And Regional Trade Liberalization
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Transportation Infrastructure Investments And Regional Trade Liberalization
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Author : Eric Bond
language : en
Publisher: World Bank Publications
Release Date : 1999
Transportation Infrastructure Investments And Regional Trade Liberalization written by Eric Bond and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 1999 with categories.
November 1997 This model predicts that without cooperative infrastructure agreements between countries, there will be underinvestment in those forms of infrastructure in which the investments will have spillover effects to other countries. For a relatively small country, for example, there would tend to be more underinvestment in railroad and highway infrastructure to neighboring countries than there would be in airport and harbor infrastructure (carrying goods to the whole world). Bond examines whether trade liberalization should create a greater incentive for countries to invest in transportation infrastructure. He pays special attention to the case of preferential trade liberalization between neighboring countries, where investments in roads or railroads are specific to the partner country and will thus have spillover effects. The existence of spillovers will lead to gains from cooperative agreements about investment levels. Bond shows that in a small country the incentive to invest in infrastructure depends on the level of the tariff when demand is linear. If protection is in the form of a quota, on the other hand, trade liberalization will increase the optimal infrastructure investment. He shows that in a two-country model with spillovers between countries, the cooperative equilibrium may involve either more or less investment than the noncooperative equilibrium, depending on the pattern of trade between the two countries and the degree of substitutability between investments in the two countries. For a relatively small country, for example, there would be more underinvestment in railroad and highway infrastructure to neighboring countries than there would be in airport and harbor infrastructure. The first type of investment is specific to certain markets and is likely to affect the relative price of goods in those markets. The second type of investment, on the other hand, will send goods to world markets generally, where prices are likely to be relatively unaffected by the investments. Bond also examines the desirability of linking regional trade and infrastructure agreements. The prediction generated by his model is that in the absence of cooperative agreements between countries, there will be underinvestment in those forms of transportation in which the investments will have spillover effects to other countries. Bond identifies two forms of gains from infrastructure agreements: * Internalizing the terms-of-trade effects and thus avoiding the inefficient investment levels that arise in noncooperative choices of investment levels. * Internalizing the effects of the infrastructure investment in the tariff negotiation process, in cases where countries cannot commit to future tariff rates. This paper-a product of the Development Research Group-is part of a larger effort in the group to understand regionalism and development.
Impact Of Transport Infrastructure Investment On Regional Development
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2002-05-23
Impact Of Transport Infrastructure Investment On Regional Development written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002-05-23 with categories.
This report describes evaluation methods for transport infrastructure investments to ensure that scarce resources are allocated in a way that maximises their net return to society.
3 1 Pichia Guilliermondii
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Author : Amos Avraham
language : en
Publisher:
Release Date : 1994
3 1 Pichia Guilliermondii written by Amos Avraham and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 1994 with categories.
Infrastructure S Role In Lowering Asia S Trade Costs
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Author : Douglas H. Brooks
language : en
Publisher: Edward Elgar Publishing
Release Date : 2009-01-30
Infrastructure S Role In Lowering Asia S Trade Costs written by Douglas H. Brooks and has been published by Edward Elgar Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2009-01-30 with Business & Economics categories.
Much of the analysis of infrastructure's impact on trade costs focuses on conditions in developed countries. This book makes an invaluable contribution to our understanding by examining the situation in developing Asia, the world's most populous and fastest growing region. This study analyzes and draws policy implications from infrastructure's central role in lowering Asia's trade costs. Infrastructure is shown to be a cost-effective means of lowering trade costs and thereby promoting regional growth and integration. This book combines thematic and country studies, while breaking new ground in.
Liberalizing Trade In Services
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Author : Bernard M. Hoekman
language : en
Publisher: World Bank Publications
Release Date : 2006
Liberalizing Trade In Services written by Bernard M. Hoekman and has been published by World Bank Publications this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006 with Acuerdos comerciales categories.
Abstract: Since the mid 1980s a substantial amount of research has been undertaken on trade in services. Much of this is inspired by the World Trade Organization or regional trade agreements, especially the European Union, but an increasing number of papers focus on the impacts of services sector liberalization. This paper surveys the literature, focusing on contributions that investigate the determinants of international trade and investment in services, the potential gains from greater trade (and liberalization), and efforts to cooperate to achieve such liberalization through trade agreements. It concludes that there is increasing evidence that services liberalization is an important source of potential welfare gains, but relatively little research has been done that can inform the design of international cooperation-both trade agreements and development assistance-so as to more effectively promote development objectives.
Transport Trade And Economic Growth Coupled Or Decoupled
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Author : Irene Feige
language : en
Publisher: Springer Science & Business Media
Release Date : 2007-05-03
Transport Trade And Economic Growth Coupled Or Decoupled written by Irene Feige and has been published by Springer Science & Business Media this book supported file pdf, txt, epub, kindle and other format this book has been release on 2007-05-03 with Business & Economics categories.
This book combines approaches from economics as well as business administration to stimulate scientific discourse and support decision-makers. The first part of the book examines the relationship between transport and economic growth, and specifically, whether "decoupling" of transport and economic growth appears possible. Previously unavailable regional data for Italy and Germany were collected and analyzed. The results indicate that transport makes an important contribution to economic growth.
Services Liberalization In Asean
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Author : Tham Siew Yean
language : en
Publisher: Flipside Digital Content Company Inc.
Release Date : 2018-05-24
Services Liberalization In Asean written by Tham Siew Yean and has been published by Flipside Digital Content Company Inc. this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-05-24 with Business & Economics categories.
The services sector plays an important role in ASEAN economies as it accounts for about half of the region's GDP and more than 45 per cent of its total employment. ASEAN aspires to deepen integration in the services sector in order to enhance the sector's contribution to economic development and growth in each country. Despite this, services liberalization has progressed slowly compared to goods liberalization both at the multilateral and the regional levels. Different regulatory mechanisms across countries have contributed to the slow pace of liberalization. Logistics is an important industry in the services sector. The integration of logistics is important for deepening economic integration in ASEAN as it facilitates the movement of goods, services and people within and across countries, among producers and from producers to consumers. In view of its importance, ASEAN has identified logistics as one of its priority integration sectors. It has also developed a Connectivity Master Plan and a Strategic Transport Plan, where logistics plays an important role. This book examines the current state of services liberalization in the ten ASEAN economies. It also assesses the FDI enabling environment and the extent of FDI liberalization in the logistics sector as well as the liberalization challenges encountered in each of the ASEAN economies. The book, thus, provides a comparative picture of services liberalization as well as the state of logistics liberalization and development in each of the ten ASEAN member countries. All these have important bearings on deepening ASEAN economic integration for 2025 and beyond.
Impact Of Transport Infrastructure Investment On Regional Development
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Author :
language : en
Publisher:
Release Date : 2002
Impact Of Transport Infrastructure Investment On Regional Development written by and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2002 with categories.
Handbook Of Research On Economic Financial And Industrial Impacts On Infrastructure Development
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Author : Das, Ramesh Chandra
language : en
Publisher: IGI Global
Release Date : 2017-04-17
Handbook Of Research On Economic Financial And Industrial Impacts On Infrastructure Development written by Das, Ramesh Chandra and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2017-04-17 with Business & Economics categories.
The infrastructure of a country has significant effects on both the lives of its citizens and its place in international markets. As such, it is imperative to develop policies to promote the quality of a nation’s infrastructure. The Handbook of Research on Economic, Financial, and Industrial Impacts on Infrastructure Development is a pivotal reference source for the latest scholarly research on various initiatives and policies developed to enhance the current infrastructure of modern nations. Including the role of economics, finance, and multiple industry perspectives, this book covers a range of pertinent topics such as R&D initiatives, foreign direct investment, and trade liberalization, and this publication is an ideal reference source for researchers, academics, practitioners, and students interested in recent trends in infrastructure development.
The Development Dimension Enhancing Connectivity Through Transport Infrastructure The Role Of Official Development Finance And Private Investment
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Author : OECD
language : en
Publisher: OECD Publishing
Release Date : 2018-08-31
The Development Dimension Enhancing Connectivity Through Transport Infrastructure The Role Of Official Development Finance And Private Investment written by OECD and has been published by OECD Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2018-08-31 with categories.
Transport infrastructure is crucial to connect developing countries and help them to boost trade, growth and regional integration. This is because cross-border or long-distance roads and railways as well as international ports and airports are needed to move products and people around in a ...