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  • Report  |   January 2018

    Financing Infrastructure in Asia: Capturing Impacts and New Sources

    Author(s): Yoshino, Naoyuki ; Helble, Matthias ; Abidhadjaev, Umid

    This book presents several country studies and explains how infrastructure investment can increase output, taxes, trade, and firm productivity. Governments throughout the Asia-Pacific region recognize the catalyzing role of infrastructure investment for sustainable growth. Yet, they are faced with the problem of financing new infrastructure. This...

  • Report  |   January 2018

    Compendium of Best Practices in Road Asset Management

    Author(s): Asian Development Bank

    Central Asia Regional Economic Cooperation (CAREC) Program member countries share best practices in road asset management, which aims to optimize economic benefits by minimizing maintenance and road user costs. This compendium presents the best practices for the introduction and development of road asset management based on a desk review of the...

  • Report  |   2018

    Review of Configuration of the Greater Mekong Subregion Economic Corridors

    Author(s): Asian Development Bank

    This review recommends possible extension and/or realignment of economic corridors to enhance their effectiveness and efficiency in advancing economic integration in the Greater Mekong Subregion. The economic corridor approach was adopted by the Greater Mekong Subregion (GMS) countries in 1998 to help accelerate subregional development. The...

  • Report  |   June 2018

    Closing the Financing Gap in Asian Infrastructure

    Author(s): Ra, Sungsup ; Li, Zhigang

    ADB in 2017 estimated a financing gap in economic infrastructure of $459 billion per year for Asia. The gap almost doubles to $907 billion with the expected need for funding of social infrastructure. Infrastructure investment in Asia, both in economic and social infrastructure, faces a massive financing gap despite the region’s high savings. The...

  • Report  |   2018

    Aviation and the Role of CAREC: A Scoping Study

    Author(s): Asian Development Bank

    This study examines the potential role of the Central Asia Regional Economic Cooperation (CAREC) Program in improving aviation in the region. The study provides an analysis of the CAREC region’s current state of aviation, and is structured around three principal components of aviation development: policy and regulation, infrastructure and...

  • Report  |   2018

    Updating and Enhancement of the BIMSTEC Transport Infrastructure and Logistics Study

    Author(s): Asian Development Bank

    BIMSTEC aims to create an environment for rapid economic development through identification and implementation of specific cooperation projects in infrastructure and transportation. The core functions of the Bay of Bengal Initiative for Multi-Sectoral Technical and Economic Cooperation (BIMSTEC)—to promote free trade and increase cross-border...

  • Report  |   2018

    Embracing the E-Commerce Revolution in Asia and the Pacific

    Author(s): Asian Development Bank

    E-commerce revolution in Asia and Pacific presents vast economic potential. Asia is the fastest-growing region in the global e-commerce marketplace, with the largest share of the world’s business-to-consumer e-commerce market. This report introduces a new analytical framework to assess the level and quality of e-commerce development. The...

  • Report  |   2018

    Does Regional Integration Matter for Inclusive Growth? Evidence from the Multidimensional Regional Integration Index

    Author(s): Claveria, Racquel ; Park, Cyn-Young

    This study constructs a multidimensional regional integration index series that embodies six key facets of regional integration: trade and investment, money and finance, regional value chains, infrastructure and connectivity, movement of people, and institutional and social integration. The index confirms that regional integration is most...

  • Report  |   2018

    Asian Economic Integration Report 2018

    Author(s): Asian Development Bank

    This publication documents Asia’s progress in regional cooperation and integration. It covers the 48 regional members of the Asian Development Bank and analyzes regional as well as global economic linkages. The 2018 report’s special chapter “Toward Optimal Provision of Regional Public Goods in Asia and the Pacific” examines how collective action...

  • Policy Brief  |   2018

    Building Complementarity and Resilience in ASEAN amid Global Trade Uncertainty

    Author(s): Villafuerte, James P. ; Khan, Fahad ; Tayag, Mara Claire ; Ng, Thiam Hee ; Jeong, Kwang Jo ; Zara, Dulce

    This brief explores how greater regional cooperation and integration within the ASEAN Economic Community can guard against the effects of global trade uncertainty. Growing bilateral trade tensions between the United States (US) and the People’s Republic of China (PRC) are a concern for members of the Association of Southeast Asian Nations (ASEAN...

  • Report  |   2018

    Trade Costs, Time, and Supply Chain Reliability

    Author(s): Kumar, Utsav ; Shepherd, Ben ; Dime, Roselle

    South Asia Subregional Economic Cooperation countries have to invest in improving connectivity to reduce transport times and increase reliability to major markets. This paper uses measures of international transport time in median and standard deviation based on shipment-level data from the Universal Postal Union, to analyze the effect of time on...

  • Report  |   2018

    Constructing the Asia-Pacific Regional Cooperation and Integration Index: A Panel Approach

    Author(s): Park, Cyn-Young ; Claveria, Racquel

    Trade and investment and movement of people are the main drivers of regional integration in Asia and the Pacific from 2006 to 2016. Asia comes second to the European Union in progress on regional integration. This paper employs a panel approach in constructing the Asia–Pacific Regional Cooperation and Integration Index (ARCII) to strengthen the...

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