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Regional Cooperation and Integration in a Changing World

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  • Asian Development Bank (ADB)

Abstract

Asia is on the rise with increasing significance in the global economy. In parallel, regional cooperation and integration is becoming stronger, bringing both benefits and costs. The region is diverse, and so are the challenges that must be overcome to achieve greater trade and financial integration. For trade, with the Doha Round stymied, what is the best route to take in untangling the noodle bowl of FTAs? And how best to deepen financial integration? How does integration impact inequality—within and across countries? There are risks to integration. How should they be addressed? This monograph—prepared for the 2013 Asian Development Bank Annual Meeting—aims to stimulate debate and further research on the role regional integration can play in sustaining growth, reducing poverty, and promoting welfare and future prosperity for Asia and the Pacific.

Suggested Citation

  • Asian Development Bank (ADB), 2013. "Regional Cooperation and Integration in a Changing World," ADB Reports RPT135515-3, Asian Development Bank (ADB), revised 15 May 2013.
    • Handle: RePEc:asd:wpaper:rpt135515-3
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    File URL: http://www.adb.org/sites/default/files/pub/2013/regional-cooperation-changing-world.pdf
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    References listed on IDEAS

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    1. Anthony Venables, 2009. "Economic Integration in Remote Resource-Rich Regions," OxCarre Working Papers 022, Oxford Centre for the Analysis of Resource Rich Economies, University of Oxford.
    2. Pierre-Louis Vézina, 2014. "Race-to-the-bottom Tariff Cutting," Review of International Economics, Wiley Blackwell, vol. 22(3), pages 444-458, August.
    3. World Bank, 2005. "Global Economic Prospects 2005 : Trade, Regionalism and Development," World Bank Publications - Books, The World Bank Group, number 14783, April.
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    Cited by:

    1. Ab-Rahim, Rossazana & Selvarajan, Sonia Kumari & Md Noor, Nor Ghani & Affizzah Awang Marikan, Dayang, 2018. "Convergence Clubs of Economic Liberalization in ASEAN, China, and India," Jurnal Ekonomi Malaysia, Faculty of Economics and Business, Universiti Kebangsaan Malaysia, vol. 52(3), pages 129-141.
    2. Rughoo, Aarti & You, Kefei, 2016. "Asian financial integration: Global or regional? Evidence from money and bond markets," International Review of Financial Analysis, Elsevier, vol. 48(C), pages 419-434.
    3. Caporale, Guglielmo Maria & You, Kefei & Chen, Lei, 2019. "Global and regional stock market integration in Asia: A panel convergence approach," International Review of Financial Analysis, Elsevier, vol. 65(C).

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