Читать книгу Economic corridors in Asia : paradigm of integration? A reflection for Latin America - Varios autores - Страница 28

India’s economic approach, particularly after adopting liberalized economic measures in the early 1990s, was aimed at liberalizing markets and promoting private investment and industrial production. In the last decade (2008-2018) the focus has been on building economic linkages and developing regional and intra-regional economic corridors, so that the benefits of development, trade and investment can reach a greater number of people. This would also promote consumption and employment. Furthermore, the Prime Minister, Narendra Modi had also proposed issues related to integrating manufacturing and production centers across India and also promoting development of small airports, ports and highway networks so that production and manufacturing can be accelerated. The proposals such as Security and Growth for All in the Region (under the acronym SAGAR) and also the integration of ports through Sagarmala (String for Oceans) within the country are aimed at envisaging India as one economic entity under similar development patterns. Among the other integrated highway networks, Golden Quadrilateral (connecting the four corners of the country through a highway network), river linking plan to promote inland waterways, and also sub regional integration with neighbors through the BCIM¹, India-Thailand, Myanmar Trilateral Highway network, BBIN² transport network. Promoting the Special Economic Zones and Export Processing Zones includes developing Greenfield airports, dry inland ports, storage and warehousing facilities and the projection of a futuristic economic development plan. Additionally, the vision for integrating the Indian production centers as well as integrating regional value chains is meant to promote Indian exports and enhance border trade with the neighboring countries. This paper outlines the initiatives and the challenges that need to be addressed in this context.

Key Words: Economic Corridors, India, South Asia, Sub-regional Connectivity, Infrastructure.