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dc.contributor.authorBhattacharyay, Biswaen_US
dc.date.accessioned2011-01-07en_US
dc.date.accessioned2011-12-15T12:26:17Z-
dc.date.available2011-12-15T12:26:17Z-
dc.date.issued2010en_US
dc.identifier.urihttp://hdl.handle.net/10419/53637-
dc.description.abstractTo make Asia more economically sustainable and resilient against external shocks, regional economies need to be rebalanced toward regional demand- and trade-driven growth through increased regional connectivity. The effectiveness of connectivity depends on the quality of hard and soft infrastructure. Of particular importance in terms of soft infrastructure which makes hard infrastructure work are the facilitating institutions that support connectivity through appropriate policies, reforms, systems, and procedures and through promoting effective coordination and cooperation. Asia has many overlapping subregional institutions involved in national and regional energy, transport, and telecommunications infrastructure connectivity. However, these institutions are characterized as being less effective, informal, and lacking a clear and binding system of rules and policies. This paper draws linkages between connectivity, growth and development, governance, and institutions. It details the benefits the region could achieve by addressing needed connectivity enhancements and the connectivity and financing challenges it faces. In addition, it presents various institutional options for regional infrastructure financing. To build seamless Asian connectivity, Asia needs an effective, formal, and rules-based institutional framework. The paper presents a new institutional framework together with the organizational structures of two new regional institutional mechanisms, namely the Pan-Asian Infrastructure Forum and the Asian Infrastructure Fund.en_US
dc.language.isoengen_US
dc.publisherAsian Development Bank Institute Tokyoen_US
dc.relation.ispartofseriesADBI working paper series 220en_US
dc.subject.jelR10en_US
dc.subject.jelR40en_US
dc.subject.jelR42en_US
dc.subject.jelR48en_US
dc.subject.jelR50en_US
dc.subject.jelR51en_US
dc.subject.jelR58en_US
dc.subject.ddc330en_US
dc.subject.stwInternationale Wirtschaftsbeziehungenen_US
dc.subject.stwWirtschaftswachstumen_US
dc.subject.stwInstitutionelle Infrastrukturen_US
dc.subject.stwInternationale Wirtschaftsorganisationen_US
dc.subject.stwInternationale wirtschaftspolitische Koordinationen_US
dc.subject.stwAsienen_US
dc.titleInstitutions for Asian connectivityen_US
dc.typeWorking Paperen_US
dc.identifier.ppn63110061Xen_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen_US
Appears in Collections:ADBI Working Paper Series, Asian Development Bank Institute

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