Asian Economic Integration Report 2023This report shows how smart trade and investment policies, and regulatory cooperation in the Asia and Pacific region can help economies tackle climate change, recover from the pandemic, and support resilient and sustainable development. Analyzing topics including global value chains, investment, the movement of people, and regional cooperation initiatives, it outlines the economic and environmental challenges the region currently faces. It explores how trade and investment policies can support climate action and highlights why a joined-up approach is essential to help deepen the digital economy, strengthen supply chains and foster greener businesses, markets, and trade. Author: Asian Development Bank Year: 2023 Download Tags: SASEC, Infrastructure, ADB, Connectivity, Climate Change, Global Value Chains, Trade BIMSTEC Trade Facilitation Strategic Framework 2030The BIMSTEC Trade Facilitation Strategic Framework 2030 suggests a structured pathway approach for enhancing the environment for trade facilitation among BIMSTEC member states. This framework outlines development of various soft infrastructure, hard infrastructure, and capacity-building strategies. It has also identified seven principles to guide implementation of the BIMSTEC Trade Facilitation Strategy, namely, (i) country ownership, (ii) results-orientation combined with pragmatism, (iii) flexibility and responsiveness to country needs, (iv) reform and modernization, (v) active participation and involvement of the private sector, (iv)partnerships with development partners, and (vii) mutual cooperation. Author: Asian Development Bank Year: 2022 Download Tags: BIMSTEC, Trade Facilitation, Infrastructure Infrastructure Financing for Sustainable Development in Asia and the PacificThis book proposes adopting a more holistic approach to help accelerate infrastructure development in Asia and the Pacific. It discuses project financing for Nepal’s cross-border dry ports, streamlining Nepal’s trade and transit procedures through Automated Systems for Customs Data (ASYCUDA) and Advanced Cargo Information System (ACIS), and project financing by the Asian Development Bank of the Kakarbhitta dry port and a cross-country corridor project between Bangladesh and India. Financing and technical assistance from multilateral development banks and neighboring countries not only bridge funding gaps, these also help countries learn from funders’ experience constructing and operating infrastructure assets. Author: United Nations Economic and Social Commission for Asia and the Pacific Year: 2019 Download Tags: Infrastructure, Nepal, Sustainable Development Goals, UNESCAP Infrastructure Financing in South AsiaSouth Asia is the world's fastest-growing region. The region has also shown significant reduction in poverty and income inequality owing to improved road transport, electricity, and sanitation. The growth is attributed partly to the improvement in infrastructure in Bangladesh, India, and Sri Lanka. Yet, to sustain growth and deal with climate change, the region must invest more to develop infrastructure in the next 15 years. This paper looks at public and private sector financing of infrastructure and discusses the factors driving infrastructure investment. Author: Shikha Jha and Rosa Mia Arao Year: 2018 Download Tags: Bangladesh, India, Sri Lanka, Energy, ICT, Infrastructure, Public Private Partnerships, Transport Economic and Social Survey of Asia and the Pacific 2018The Asia-Pacific region experienced rapid growth as inflation remained stable and firmer global demand supported a pickup in investments. In the South and South-West Asian subregion, there is an opportunity for greater trade integration. It is the fastest-growing subregion in Asia and the Pacific, with growth accelerating in all countries with the exception of India and Sri Lanka. In Bangladesh, large infrastructure projects and new energy initiatives drove strong domestic demand and backed the country’s robust growth. Author: United Nations Economic and Social Commission for Asia and the Pacific Year: 2018 Download Tags: Bangladesh, Sri Lanka, Infrastructure, Energy Financing Infrastructure in Asia and the Pacific: Capturing Impacts and New SourcesThis book looks at the impact of infrastructure investment on economic and social indicators, and shows how infrastructure investment can increase output, taxes, trade, and firm productivity. One study in the book shows that trade facilitation reforms in South Asia resulted in increased intraregional trade and trade with other regions. The book proposes innovative modes of financing for infrastructure needed to drive sustainable growth. Author: Naoyuki Yoshino, Matthias Helble, and Umid Abidhadjaev (editors) Year: 2018 Download Tags: ADB, Infrastructure, Services, South Asia, Trade Facilitation Transport Corridors and their Wider Economic Benefits: A Critical Review of the LiteratureThis paper reviews literature estimating the impact of large transport investments. It reviews 78 studies, 11 of which centers on infrastructure projects in India. The paper looks at the economic benefits of transport infrastructure projects to better understand how corridors could generate wider economic benefits, with a focus on roads, rails, and waterways. The review assesses the impact of transport corridor projects on economic welfare and equity, environmental quality, and social inclusion, and suggests a need for policies and institutions that address trade-offs. Author: Mark Roberts, Martin Melecky, Theophile Bougna, and Yan Sarah Xu Year: 2018 Download Tags: Economic Corridor Development, India, Infrastructure, Investment, Railway, Roads, Transport, WB Asian Development Bank and India: Fact SheetUpdated yearly, the Asian Development Bank (ADB) Fact Sheet provides social and economic indicators on India, as well as information on ADB operations and contact details. Millions of people from India have benefited from improvements to basic infrastructure and services from ADB-supported development programs. ADB has approved 205 loans totaling $35.1 billion for India, and will continue to support India through the pillars of inclusive growth, environmentally sustainable growth, and regional cooperation and integration. Author: Asian Development Bank Year: 2017 Download Tags: ADB, India, Infrastructure, Regional Cooperation, Sustainability Asian Development Bank and Nepal: Fact SheetThe ADB Fact Sheet provides social and economic indicators on Nepal, as well as information on ADB operations in the country and contact details. Nepal is working toward graduation to middle-income country status and achieving the Sustainable Development Goals by 2030. ADB assistance aims to improve equitable access to education while pursuing a strategy that aims to address bottlenecks in infrastructure development in energy, transport, and urban facilities. ADB operations will also focus on agriculture, gender equality, good governance, environmental sustainability, regional cooperation, and private sector development. Author: Asian Development Bank Year: 2017 Download Tags: ADB, Nepal, Sustainable Development Goals, Infrastructure, Energy, Transport, Agriculture, Regional Cooperation, Gender Asian Development Bank and Myanmar: Fact SheetUpdated yearly, this Asian Development Bank (ADB) Fact Sheet provides social and economic indicators on Myanmar, as well as information on ADB operations in the country and contact details. ADB is supporting Myanmar in promoting inclusive and sustainable economic growth, with investments focusing on infrastructure (in energy, transport, and urban and water services), education, and rural development. Regional cooperation will remain one of the key priorities. Author: Asian Development Bank Year: 2017 Download Tags: ADB, Myanmar, Sustainability, Infrastructure, Energy, Transport, Regional Cooperation Myanmar’s Integration with the WorldMyanmar only recently began participating in global trade and investment. It has large untapped potential for trade and investment in agriculture and forest-based industries, and services, such as tourism and information technology. This book examines Myanmar’s access to the global market and examines the implication of Myanmar’s democratic transition, the progress of Myanmar’s industry and infrastructure, its international linkages, and options for increased integration in regional economic groups. The book also analyzes how Myanmar could exploit global value chains. Author: Prabir De and Ajitava Raychaudhuri, editors Year: 2017 Download Tags: Agriculture, Global Value Chains, Infrastructure, Investment, ICT, Myanmar, Regional Integration, Trade Development of East Coast Economic Corridor and Vizag-Chennai Industrial CorridorThe East Coast Economic Corridor (ECEC)—India’s first coastal corridor—is an integrated economic development initiative that is expected to help pursue industrialization and integrate domestic companies into the global value chains of Southeast Asia and East Asia. Its development will start with Vizag–Chennai Industrial Corridor (VCIC), which covers about 800 kilometers and includes several ports and major industrial centers. This paper discusses strategies to consider when trying to improve shipping and air connectivity in the ECEC and Vizag–Chennai Industrial Corridor (VCIC). It stresses the importance of infrastructure development and regulatory reforms that facilitate increased connectivity. Author: Pritam Banerjee Year: 2017 Download Tags: Bangladesh, Connectivity, Economic Corridor, India, Infrastructure, Regional Integration, Trade Facilitation, Transport, Development, Economic Corridor Development, ADB RCI Competitiveness of South Asia’s Container Ports: A Comprehensive Assessment of Performance, Drivers, and CostsAs a result of inefficiencies in South Asia’s container ports, the average cost of exporting or importing a container in the region is more than double that in East Asia. Better port logistics could help increase trade, diversify exports, attract more foreign direct investment, and spur economic growth. As container traffic continues to grow in South Asia, the best way to improve port performance is by increasing productivity. This report examines the performance of the 14 largest container ports in the region, identifying key drivers of port performance and examining differences in performance across ports. Author: Matías Herrera Dappe and Ancor Suárez-Alemán Year: 2016 Download Tags: Customs, Economic Growth, FDI, Infrastructure, Investment, South Asia, Trade, WB Economic and Social Survey of Asia and the Pacific 2015: Year-end UpdateThis year-end update revises economic growth in developing economies in Asia and the Pacific to 4.5% in 2015, from earlier projections of 4.9%, and updates the economic growth forecast for 2016 to 5%, from 5.2%. In most developing economies, including South and South West Asia, private consumption will lead to a slight pick-up in economic growth in 2016, amid gradual fiscal tightening and weak exports. With less robust growth compared to the years before and immediately after the global financial and economic crisis that started in 2008, the report highlights a need to tap into domestic and regional sources of demand—alternatives to dependence on external demand—including boosting investment in infrastructure, small and medium-sized enterprises, and the agricultural sector. Promotion of labor participation among the youth and the female population in South and South West Asia is also encouraged, since evidence has shown that improving their job opportunities matters for economic growth. Author: UNESCAP Year: 2016 Download Tags: Economic Growth, Gender, Infrastructure, UNESCAP Aid for Trade in Asia and the Pacific 2015This Asian Development Bank report explores the potential of the digital economy to improve the inclusiveness of Aid for Trade (AfT). It uses the review of AfT as a springboard to explore new ways of thinking and how to address issues such as high trade costs in some regions. In particular, it considers how to build on information and communications technology and infrastructure connectivity from established AfT spending. The report also highlights the experience of exporters to illustrate the unique challenges and opportunities for trade-driven growth in a region where high trade costs are structural. Author: Alisa Di Caprio and Kati Suominen Year: 2015 Download Tags: ICT, Infrastructure, Trade, ADB, Asia-Pacific, Exports, Economic Growth, Trade Facilitation Bridging Transport, ICT, and Energy Infrastructure Gaps for Seamless Regional ConnectivityThis publication is a contribution by the United Nations Economic and Social Commission for Asia and the Pacific to deliberations at the Second United Nations Conference on Landlocked Developing Countries (LLDCs) in Vienna, Austria, 3-5 November 2014. It shows regional connectivity as an unfinished agenda and bridging infrastructure gaps as a complex challenge for LLDCs. While physical infrastructure is a priority, this report argues that deeper regional integration – through regionally cohesive and terrestrial networks – is key to effectively linking Asian LLDCs to the region’s infrastructure networks. Author: United Nations Economic and Social Commission for Asia and the Pacific Year: 2014 Download Tags: Transport, ICT, Energy, UNESCAP, SASEC, Connectivity, Infrastructure, Bangladesh, India, Nepal, Sri Lanka, Trade, Trade Facilitation, Policy, Trade Policy Industrialization and Global Value Chain Participation: An Examination of Constraints Faced by the Private Sector in NepalThis paper examines the constraints behind and beyond Nepal's borders that hinder its full participation in global value chains (GVC). Basing the analysis on recent and relevant publications, key economic data, and interviews with policymakers and stakeholders, the authors explain how weak and uncertain industrial policy has led to de-industrialization. They also looked at the effects of inadequate infrastructure, energy shortage, and inefficient transit. Failures in coordination, shallow regional integration and non-tariff barriers also bar further growth of Nepal's industrial development and GVC participation. The authors recommend necessary domestic reforms for behind-the-border constraints, and subregional partnerships—facilitated through the South Asia Subregional Economic Cooperation program—for beyond-the-border challenges. Author: Yurendra Basnett and Posh Raj Pandey Year: 2014 Download Tags: Infrastructure, Private Sector, Nepal, Global Value Chains, Industrialization, Infrastructure, Energy, Transport, Regional Integration, SASEC Industrialization and Global Value Chain Participation: An Examination of Constraints Faced by the Private Sector in NepalThis paper examines the constraints behind and beyond Nepal's borders that hinder its full participation in global value chains (GVC). Basing the analysis on recent and relevant publications, key economic data, and interviews with policymakers and stakeholders, the authors explain how weak and uncertain industrial policy has led to de-industrialization. They also looked at the effects of inadequate infrastructure, energy shortage, and inefficient transit. Failures in coordination, shallow regional integration and non-tariff barriers also bar further growth of Nepal's industrial development and GVC participation. The authors recommend necessary domestic reforms for behind-the-border constraints, and subregional partnerships—facilitated through the South Asia Subregional Economic Cooperation program—for beyond-the-border challenges. Author: Yurendra Basnett and Posh Raj Pandey Year: 2014 Download Tags: Infrastructure, Private Sector, Nepal, Global Value Chains, Industrialization, Infrastructure, Energy, Transport, Regional Integration, SASEC Green Power for Bhutan: Clean Energy Crosses Borders to Reach Poor HouseholdsConstructed under the ADB-financed Green Power Development Project, Bhutan's Dagachhu hydropower plant showcases how a public–private partnership for hydropower development successfully promotes cross-border energy trade, contributes to increased national energy security, and improves access to on- and off-grid energy for 9,000 rural households and public facilities. This report reviews the project's key features and discusses how an investment in renewable energy infrastructure is leading Bhutan and its neighboring countries toward greater inclusive growth. Author: Asian Development Bank Year: 2014 Download Tags: Energy, Infrastructure, Poverty Reduction, Bhutan, ADB RCI Global Competitiveness Report 2013-2014The World Economic Forum's Global Competitiveness Report offers a platform for dialogue among key stakeholders in government, business, and civil society on improving the living standards of the world’s citizens through insights on institutions, policies, and factors that drive or hinder growth and national competitiveness. Using the Global Competitiveness Index (GCI), twelve pillars are considered, including infrastructure, which, among factor-driven economies of Bangladesh, India, and Nepal, impacts the location of economic activity, reduces distance between regions, and enables production and faster flow of goods. Market size—essential for countries with small domestic markets—is another key index measured. The 2013-2014 report also includes an assessment of newly-covered Bhutan, and an analysis for the drop in India's GCI ranking. Author: Klaus Schwab Year: 2014 Download Tags: Economics, Poverty Reduction, Infrastructure, Bangladesh, Bhutan, Energy, India, Nepal, Sri Lanka, Transport Reducing Poverty by Closing South Asia's Infrastructure GapThis report takes a critical look at inter-and intra-regional infrastructure of South Asia and explores inequality of access across space and time. It gives an approximate total cost of regional infrastructure needs and investment trends in the South Asia region, along with a proposed framework on ranking of infrastructure needs. The report also examines better usage of existing resources and policy options to help the poorest gain better access to infrastructure.
Finally, it recognizes the enormity of infrastructure deficiencies in South Asia and acknowledges that a good mix of infrastructure investment and supportive reform implementation will enable the region to close the infrastructure gap. Author: Luis Andrés, Dan Biller, and Matías Herrera Dappe Year: 2013 Download Tags: Transport, South Asia, Infrastructure, Energy, Roads, Railway, Water Supply, Bangladesh, Bhutan, Nepal, India, Sri Lanka, Maldives Connecting South Asia and Southeast Asia: Interim ReportThis joint ADB-ADBI study focuses on how improved physical connectivity (infrastructure) and associated institutional connectivity (software) can enhance more effective economic integration between the two subregions. The report reviews economic ties, identifies issues and constraints, and explores better connectivity and closer economic integration. It also examines major developments in South Asia-Southeast Asia trade and investment, economic cooperation, role of economic corridors, and regional cooperation initiatives. Author: ADB and ADBI Year: 2013 Download Tags: Infrastructure, Economic Integration, Regional Cooperation, Trade, Transport, Trade Facilitation, Economic Corridor, Energy Review of Developments in Transport in Asia and the Pacific 2013While transport has been an essential element in the rapid growth and economic development of Asia and the Pacific, the sector is now at a crossroads more than ever before. Rocketing demand for transport services is putting extreme pressure on existing infrastructure at a time when public budgets are constrained and awareness about the negative externalities of transport activities is growing. Author: United Nations Year: 2013 Download Tags: Transport, Infrastructure Aid for Trade: An Investment Benefit Road Map for South AsiaAid for Trade (AfT) came to prominence just over a decade ago at the launch of the
World Trade Organization's Doha Round. With its focus on helping least developed
countries and economies escape the poverty trap, it aims to strengthen their
capabilities to meet market demand and to reduce supply-side constraints such as a lack of
trade infrastructure. Author: Asian Development Bank Year: 2013 Download Tags: Trade Policy, Poverty Reduction, Infrastructure, India, Bangladesh, Bhutan, Maldives, Sri Lanka, Nepal, Trade Facilitation, Transport, Global Value Chains, Exports Energy Outlook for Asia and the Pacific: October 2013The Energy Outlook for Asia and the Pacific aims to support ADB energy sector operations
by providing stakeholders with an energy outlook for the region up to the year 2035.
It attempts to identify policy, social, infrastructure, and technology issues that must be
addressed to meet future energy need of ADB members in Asia and the Pacific. Author: Asian Development Bank Year: 2013 Download Tags: Energy, Infrastructure, Renewables, Hydropower, Transport, Bangladesh, Bhutan, India, Nepal, Maldives, Sri Lanka |