2017 Development Effectiveness Review
This report serves as the Asian Development Bank’s (ADB) tool for monitoring and strengthening its progress. In South Asia, ADB’s $1.3 billion commitment to regional cooperation and integration (RCI) were spread across South Asia Subregional Economic Cooperation (SASEC) program’s priority areas: transport, energy, trade facilitation, and economic corridor development. Project preparation work will expand the $5 billion pipeline for RCI in the subregion with 26 projects planned for approval. SASEC finance ministers endorsed a joint vision of regional cooperation and connectivity. Myanmar’s addition to SASEC improved cooperation prospects between South and Southeast Asian subregions.
Author: Asian Development Bank
Tags: ADB, Myanmar, SASEC, Transport, Economic Corridor Development
Transport Corridors and their Wider Economic Benefits: A Critical Review of the Literature
This paper reviews literature estimating the impact of large transport investments. It reviews 78 studies, 11 of which centers on infrastructure projects in India. The paper looks at the economic benefits of transport infrastructure projects to better understand how corridors could generate wider economic benefits, with a focus on roads, rails, and waterways. The review assesses the impact of transport corridor projects on economic welfare and equity, environmental quality, and social inclusion, and suggests a need for policies and institutions that address trade-offs.
Author: Mark Roberts, Martin Melecky, Theophile Bougna, and Yan Sarah Xu
Tags: Economic Corridor Development, India, Infrastructure, Investment, Railway, Roads, Transport, WB
Trade and Trade Facilitation along the Belt and Road Initiative Corridors
This paper reviews the current state of trade and trade facilitation among the countries along the six corridors under the Belt Road Initiative (BRI), and looks at the potential impact of infrastructure development on trade. It explores at the Bangladesh-China-India-Myanmar (BCIM) corridor, and reviews trade growth, tariff rates, logistics performance index, ease of trading across borders, and other indicators in those countries.
Author: Bala Ramasamy, Matthew Yeung, Chorthip Utoktham, and Yann Duval
Tags: Bangladesh, Economic Corridor Development, India, Myanmar, Trade Facilitation
Together We Deliver: 50 Stories of ADB's Partnerships in Asia and the Pacific
This special edition of Together We Deliver tells 50 stories that highlight the importance of good partnerships in Asia and the Pacific in meeting complex development challenges. In South Asia, ADB has supported infrastructure development and social programs, helping lift people out of poverty in a diverse, rapidly urbanizing subregion. The South Asia Subregional Economic Cooperation Roads Improvement Project, for instance, is set to widen 160 kilometers of Nepal’s East–West Highway, which connects Nepal to India. The improved roads will provide faster and better access to social services and economic opportunities, and will facilitate national and regional integration.
Author: Asian Development Bank
Tags: ADB, Economic Corridor Development, India, Nepal, Regional Integration, Roads, SASEC, South Asia, Transport