Asia Africa Growth Corridor Development Cooperation and Connectivity in the Indo-Pacific
Prakash, Anita | October 2018
Abstract
Asia and Africa are conjoined by the Indian Ocean and the two regions provide a renewed opportunity for partnership for sustainable development. The conceptualisation of an Asia Africa Growth Corridor (AAGC) by Prime Ministers Shinzo Abe and Narendra Modi is the convergence of the Free and Open Indo Pacific (FOIP) and Act East Policy of the two countries. The AAGC will bring out the economic gains for Africa through its integration with India, South Asia, Southeast Asia, East Asia, and Oceania. It sets out a new paradigm of connectivity and cooperation in Indo Pacific region. AAGC draws on the strength of shared values, convergent interest, and complementary skills and resources, to promote economic and social development, capacity building, connectivity, and infrastructure development in the Indo-Pacific region. It is expected to be a model for inter-regional growth, propelled by mutual trust and cooperation amongst friends and partner countries in Asia, Oceania, and Africa.
Citation
Prakash, Anita. 2018. Asia Africa Growth Corridor Development Cooperation and Connectivity in the Indo-Pacific. © Economic Research Institute for ASEAN and East Asia. http://hdl.handle.net/11540/8891.ISSN
2086-8154
Keywords
Regionalism
Regional Economy
Regional Trading Arrangements
Aid And Development
Asian Development Bank
Comprehensive Development Framework
Development Cooperation
Development Management
Development Planning
Development Strategies
Development In East Asia
Development Planning
Development Research
Green revolution
Government Policy
Regional Organization
Regional Plans
Rural planning
Aid coordination
Industrial projects
Infrastructure projects
Natural resources policy
Educational development
Development strategy
Development models
Economic development
Interregionalism
Regional economics
Regional planning
Communication in rural development
Communication in community development
Economic development projects
Development banks
Economic forecasting
Environmental auditing
Cumulative effects assessment
Human rights and globalization
Show allCollapse