ECONOMIC CORRIDORS AND REGIONAL DEVELOPMENT: OPPORTUNITIES AND RISKS

Abstract

Economic corridors—strategically planned geographic areas that aim to enhance regional economic integration through infrastructure and policy initiatives—have become a focal point for regional development strategies worldwide. This article examines the opportunities and risks associated with economic corridors by analyzing case studies from various global contexts. The research highlights how economic corridors can drive regional growth through improved connectivity, investment attraction, and trade facilitation, while also addressing potential risks such as environmental impacts, social inequality, and geopolitical tensions. The study offers insights into best practices for designing and implementing economic corridors to maximize their developmental benefits while mitigating associated risks