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This book reviews progress with regional cooperation and integration in Asia and the Pacific and explores how it can be reshaped to achieve a more resilient, sustainable, and inclusive future. Consisting of papers contributed by renowned scholars and Asian Development Bank staff, the book covers four major areas: public goods, trade and investment, financial cooperation, and regional health cooperation. The book emphasizes how the region can better leverage regional integration to realize its vast potential as well as overcome challenges such as the coronavirus disease (COVID-19) pandemic.
South Asian leaders have made it a priority to tackle key regional issues such as poverty, environment degradation, trade and investment barriers and food insecurity, among others.
Over the past 2 decades, the Asian Development Bank (ADB) and its developing member countries have worked together to promote regional cooperation and integration (RCI). Evolving economic conditions continually pose new challenges to RCI efforts. In March 2012, about 160 representatives from Asia and the Pacific met to share their RCI experiences and discuss strategies for deepening RCI in the region. This summary of the conference features the discussions and presentations including information on major RCI programs. It aims to improve understanding of RCI and help guide future strategies within the region.