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Enhancing Regional Cooperation in Infrastructure Development Including that Related to Disaster Management

image of Enhancing Regional Cooperation in Infrastructure Development Including that Related to Disaster Management

Adequate infrastructure in the four key sectors of transport, telecommunications, energy and water is a prerequisite for opening up access to global trade and investment flows. This study analyses the role of infrastructure and its socio-economic linkages as well as regional initiatives in creating, maintaining and utilizing infrastructure with a focus on financing such investment. The study identifies a number of specific options for strengthening regional cooperation in these areas.

English

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Foreword

The Asian and Pacific region has carved out a leading position in the world economy and become a centre of growth. For the last seven years, the region’s GDP growth rate has consistently and significantly surpassed world growth and its trade with outside world has increased sharply. The region’s share of world savings is around 40 per cent; its foreign exchange reserves of $2.7 trillion represent more than 70 per cent of total world reserves. In a nutshell, the region has reaped considerable benefit from globalization and has grown rapidly.

English

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