Infrastructure and Asia's Trade Costs
Infrastructure has played a key role in Asia's export-led rapid growth, but the details of that contribution are poorly understood even though infrastructure accounts for huge amounts of investment. This policy brief examines and, where possible, quantifies the role of hard and soft infrastructure in reducing Asia's trade costs and thereby influencing trade flows and patterns.
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The views expressed in this paper are the views of the authors and do not necessarily reflect the views or policies of the Asian Development Bank Institute (ADBI), the Asian Development Bank (ADB), its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms.
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