Concluding Remarks
Trade has played an important role in Asia's economic
re-emergence and infrastructure has played an important role in
facilitating trade by lowering trade costs and influencing
comparative advantage and competitiveness. The shift toward
lower weight-value ratios of traded goods and increased value of
timely delivery has implications for infrastructure investments
and expansion. Notably, the development of physical
infrastructure should be complemented by improvements in
supporting institutions.
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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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