Asian economic integration report 2018 : toward optimal provision of regional public goods in Asia and the Pacific.

Format:

Book

Author/Creator:

Asian Development Bank

Language:

English

Subjects (All):

Asia--Economic integration.

Asia.

Physical Description:

1 online resource (xviii, 193 pages) : illustrations, maps

Edition:

1st ed.

Place of Publication:

Metro Manila, Philippines : Asian Development Bank, [2018]

System Details:

Mode of access: World Wide Web.

Summary:

This publication is the annual report of the Asian Development Bank (ADB) on Asia's progress in regional cooperation and integration. It covers ADB's 48 regional members and analyzes regional and global economic linkages. This year's special chapter, "Toward Optimal Provision of Regional Public Goods in Asia and the Pacific," examines how collective action among countries can help find solutions to growing transnational development challenges. It discusses how to best provide regional public goods that transcend the so-called "collective action problem," which occurs when individual interests are too weak on their own to drive cooperation on common issues. The chapter suggests that multilateral development banks should act as honest broker in enhancing mutual trust and facilitating regional cooperation for regional public goods.

Contents:

Cover

Title

Copyright

Contents

Foreword

Acknowledgments

Definitions

Abbreviations

Highlights

1 REGIONAL ECONOMIC OUTLOOK AND DEVELOPMENT CHALLENGES

Economic Outlook and Risks

Development Challenges: Vulnerabilities to Economic, Environmental, and Social Shocks

Regional Integration as Development Strategy

References

Boxes

1.1: Trade Volume Outlook for Developing Asia

1.2: Assessing the Impact of the Asia-Pacific Regional Cooperation and Integration Index on Economic Growth and Poverty

2 TRADE AND THE GLOBAL VALUE CHAIN

Recent Trends in Asia's Trade

Asia's Intraregional Trade

Progress of Global and Regional Value Chains

Updates on Regional Trade Policy

Trade Remedies

Annexes

2.1: Gravity Model Estimation of Bilateral Exports

2.2: Analysis of Bilateral Value Chains of Selected Asian Economies, European Union, Latin America, and North America

2.3: Impact of the Global Value Chain on Productivity Growth

2.4: Impact of Antidumping Duties on Global Value Chain Exports

3 FOREIGN DIRECT INVESTMENT

Trends and Patterns of Foreign Direct Investment in Asia

Outward Foreign Direct Investment

Annex

3.1: Greenfield Foreign Dir ect Investment and Job Creation-Emerging Trends

3.2: The Internationalization of Services

4 FINANCIAL INTEGRATION

Asia's Cross-Border Financial Assets and Liabilities

Inward Portfolio Investment

Outward Portfolio Investment

Inter- and Intra-Subregional Portfolio Investment

Bank Holdings

Analysis Using Price Indicators

Financial Spillovers

4.1: Progress in Integrating ASEAN+3 Payment and Settlement Systems for Local Currency Transactions

4.2: Fostering Financial Stability through Regulatory Technology

5 MOVEMENT OF PEOPLE

Migration.

Remittances

International Tourism Receipts and the Movement of Tourists

5.1: Demographic Changes and Migration

5.2: Promoting ASEAN as a Single Tourism Destination-the Unified Visa Policy Scheme

6 SUBREGIONAL COOPERATION INITIATIVES

Central and West Asia: Central Asia Regional Economic Cooperation Program

Southeast Asia: Greater Mekong Subregion Program

East Asia: Support for RCI Initiatives under CAREC and GMS Subregional Programs and Knowledge-Sharing Activities

South Asia: South Asia Subregional Economic Cooperation

The Pacific: Building Regional Disast er Resilience through Contingent Financing

Improving the Provision of Public Goods through Regional Cooperation

7 TOWARD OPTIMAL PROVISION OF REGIONAL PUBLIC GOODS IN ASIA AND THE PACIFIC

Introduction

Concepts, Typologies, and Issues in Efficient Provision

Regional Public Goods in Asia

Measurement Issues and Case Studies on Provision Mechanisms

Conclusions and Policy Considerations

Background Papers

7.1: Game Theoretic Approach in Public Goods Provision: The Linear Public Goods Game

7.2: Financial Stability in Europe

7.3: Cross-Border Mobility and Human Capital Development in Aging Asia

7.4: The Role of Regional Public Goods in Achieving Sustainable Development

7.5: Regional Public Good-Related Official Development Assistance and International Treaties-Data and Methodology

7.6: Empirical Assessment of Spillover Benefits of Trade Facilitation through Infrastructure

7.7: Case Study-Calculating Regional Spillovers of the Greater Mekong Subregion Health Security Project

7.8: Inter-American Development Bank-Lessons for Successful Regional Public Good Projects

7.9: The Social Dimensions of Malaria Control and the Role of Multilateral Development Banks.

7.10: The Theory of Repeated Games and Roles of Multilateral Development Banks in Regional Public Good Provision

8 STATISTICAL APPENDIX.

Notes:

Includes bibliographical references and index.

Description based on print version record.

ISBN:

9789292613556

9292613553

OCLC:

1076269428