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Infrastructure’s Role In Lowering Asia’s Trade Costs
Building for Trade

Edited by Douglas H. Brooks, Assistant Chief Economist, Asian Development Bank, Philippines and David Hummels, Professor of Economics, Krannert School of Management, Purdue University and Research Associate, National Bureau of Economic Research, US
‘Most of the analysis of infrastructure’s impact on trade costs has focused on conditions in more developed countries. This volume contributes to our understanding by examining the situation in developing Asia, the world’s most populous and fastest growing region. Chapters explore topics ranging from Asian trade patterns and trade costs to port competitiveness, congestion, and foreign direct investment in trade-related infrastructure. Empirical estimates complement the analysis of issues to inform the policy-making process.’
– From the foreword by Masahiro Kawai, Asian Development Bank Institute

This book analyses 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 quantifying infrastructure's impact on Asia’s trade costs. The contributors examine empirical estimates of Asia’s trade costs and infrastructure's influence on those costs while also contributing to a better understanding of the region’s logistics challenges. The book includes interesting case studies of rapid growth and congestion (in PRC), inland transportation challenges (India), port competition in an archipelago (Indonesia) and transportation modal switching as value-added rises (Malaysia) that are policy- and project-relevant in their own right.
 
The analysis and policy implications in this book will be of interest to trade and infrastructure policy-makers and academics at graduate and higher levels involved in economic development or Asian studies, as well as the broader development community.
2009 288 pp Hardback 978 1 84844 162 0 £ 69.95 on-line discount £ 62.96
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