Increasing Benefits Through Economic Corridor Development in the Lao People’s Democratic Republic
Frielink, Barend; Bando, Shunsuke | April 2018
Abstract
Special economic zones play an important role in the development of the Greater Mekong Subregion (GMS) which is home to 328 million people. The Lao People’s Democratic Republic (Lao PDR) shares borders with the other five GMS countries. However, it is not always clear to what extent the Lao PDR has benefited from the GMS program. This study identifies opportunities for the Lao PDR to increase the benefits it derives from GMS projects, particularly economic corridors. It emphasizes that regional governance arrangements can never be a substitute for national governance arrangements. Instead, national policies, capacities, and implementation arrangements will determine how the Lao PDR can maximize the potential benefits from GMS projects.
Citation
Frielink, Barend; Bando, Shunsuke. 2018. Increasing Benefits Through Economic Corridor Development in the Lao People’s Democratic Republic. © Asian Development Bank. http://hdl.handle.net/11540/8307. License: CC BY 3.0 IGO.Keywords
Regionalism
Regional Economy
Regional Trading Arrangements
Regional Trade Integration
Regional Economic Integration
Regional Cooperation
Interregional Cooperation
Trade Disputes
Trade Barriers
Free Trade
Trade
Trade Agreements
Intraregional Trade
Government Policy
Regional Organization
Regional Plans
Economic integration
Regional Development Bank
Preferential tariffs
International negotiation
Protectionist measures
Access to markets
Economic agreements
International trade law
Regional integration
Trade relations
Exports
Economic integration
Distribution
Economic integration
Development Bank
Trade policy
Regional economics
Regional planning
Regional disparities
Interregionalism
Regional economic disparities
Regional economic blocs
Industrial arbitration
Euro
Inflation
Business
Finance
Free trade
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Citable URI
http://hdl.handle.net/11540/8307Metadata
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