Review of Configuration of the Greater Mekong Subregion Economic Corridors

Review of Configuration of the Greater Mekong Subregion Economic Corridors
Author :
Publisher :
Total Pages : 36
Release :
ISBN-10 : 9292610465
ISBN-13 : 9789292610463
Rating : 4/5 (463 Downloads)

Book Synopsis Review of Configuration of the Greater Mekong Subregion Economic Corridors by : Asian Development Bank

Download or read book Review of Configuration of the Greater Mekong Subregion Economic Corridors written by Asian Development Bank and published by . This book was released on 2018-02 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: This review recommends possible extension and/or realignment of economic corridors to enhance their effectiveness and efficiency in advancing economic integration in the Greater Mekong Subregion. The economic corridor approach was adopted by the Greater Mekong Subregion (GMS) countries in 1998 to help accelerate subregional development. The development of economic corridors links production, trade, and infrastructure within a specific geographic area. The review of these corridors was conducted to take into account the opening up of Myanmar and ensure that there is a close match between corridor routes and trade flows; GMS capitals and major urban centers are connected to each other; and the corridors are linked with maritime gateways. The review came up with recommendations for possible extension and/or realignment of the corridors, and adoption of a classification system for corridor development. The GMS Ministers endorsed the recommendations of the study at the 21st GMS Ministerial Conference in Thailand in 2016.


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