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The South Asia Subregional Economic Cooperation (SASEC) vision provides the premise that SASEC countries---Bangladesh, Bhutan, India, the Maldives, Myanmar, Nepal, and Sri Lanka---which have grown robustly in recent years, can tap each other's strength to realize their potential of propelling Asia's future growth. They can harness their individual comparative advantages by cooperating better in facilitating trade and enhancing connectivity, and providing the subregion's produce, better access to global and regional markets. The SASEC Vision demonstrates how enormous benefits can be achieved through regional cooperation, by leveraging opportunities and synergies between three levers---natural resources, industrial potential, and connectivity.
This report reflects the changes in the South Asia Subregional Economic Cooperation (SASEC) Program's operational plan for the period 2016–2025. It outlines the updates on the supporting list of priority projects resulting from a rigorous vetting process. This involves defining SASEC transport and energy networks and identifying priority projects based on preparedness and their roles in filling network gaps. The result is a more reasonable estimate of funding needs to help meet the SASEC Program's goals of multimodal connectivity, energy market development, and increased intraregional and interregional trade.
This report analyzes how closer regional connectivity and economic integration between South Asia and Southeast Asia can benefit both regions, with a focus on the role played by infrastructure and public policies in facilitating this process. It examines major developments in South Asian–Southeast Asian trade and investment, economic cooperation, the role of economic corridors, and regional cooperation initiatives. In particular, it identifies significant opportunities for strengthening these integration efforts as a result of the recent opening up of Myanmar in political, economic, and financial terms. This is particularly the case for land-based transportation—highways and railroads—and energy trading. The report’s focus is on connectivity in a broad sense, covering both hardware and software, including investment in infrastructure, energy trading, trade facilitation, investment financing, and support for national and regional policies.
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.
The Technical Assistance Disbursement Handbook contains important information and instructions for the efficient withdrawal of technical assistance funds by claimants, namely, consultants, executing agencies, cooperating institutions, and Asian Development Bank staff.
The services sector is becoming a key driver of economic development in most members of the Central Asia Regional Economic Cooperation (CAREC) Program. This study underscores the potential for greater economic diversification through robust development of seven key services subsectors and industries that are critical for economies in the region to function and thrive. CAREC members also need to adopt a coherent and comprehensive approach to the balanced development of these interdependent services subsectors. Enabling conditions such as good governance, competitive markets, strong regional cooperation and integration, efficient labor markets, and high quality physical and digital infrastructure are crucial.
Project economic analysis is a tool used by the Asian Development Bank (ADB) to ensure that ADB operations comply with its Charter. The guidelines in this publication are a revised version of the 1997 edition. The revision responds to the changing development context and ADB operational priorities, and aims to address the recommendations of the ADB Quality-at-Entry Assessments for more methodological work on project economic analysis. The revised guidelines provide general principles for the conduct of project economic analysis, and should be read together with handbooks, technical reports, and other reference materials published by ADB dealing with sector-specific project economic analysis in detail.
This publication explores how international trade is promoting economic empowerment through the increased participation of women and micro, small, and medium-sized enterprises. It highlights the roles of services and digital connectivity in facilitating diversification and inclusive economic transformation. The report examines recent trends in aid for trade in Asia and the Pacific and how it can do more to boost inclusive growth.