Fostering Regional Cooperation and Integration
ADBI helps its developing member countries (DMCs) reap the benefits, mitigate the risks, and maximize the opportunities resulting from globalization by promoting regional cooperation and integration. Initiatives are typically driven by investments in regional infrastructure, which also provide a platform for cooperation across member countries in areas of mutual interest. Regional cooperation and integration fosters rapid and sustained growth, reduces poverty, and builds resilient institutions as it helps DMCs build closer trade, investment, and financial links that, in turn, create opportunities for mutual, broad-based, and inclusive growth. Capacity-building and training programs aim to create a knowledge-sharing platform for greater understanding and harmonization in the region, aligned with ADB’s Strategy 2030. The programs will concentrate on enhancing connectivity and competitiveness, promoting regional public goods, strengthening cooperation in the finance sector, and strengthening subregional initiatives.
Russian Federation–East Asia Liquefied Natural Gas Trade Patterns and Regional Energy SecurityImporting liquefied natural gas can improve energy security in the People's Republic of China, Japan, and the Republic of Korea.
Quantifying the Economic and Social Impacts of High-Speed Rail: Some Evidence from Europe and the People’s Republic of ChinaHigh-speed rail (HSR) investment needs to be seen as one element in a comprehensive policy of regeneration and transformation; HSR cannot create change on its own.
A Microeconomic Analysis of the Declining Labor Share in JapanIncreased investments in intangible assets, such as goodwill, brand development, and training, drive the labor share upward.
In fighting the coronavirus disease (COVID-19) pandemic and, in particular, the new strains that are emerging, many countries have adopted the dual approach of closing borders and increasing domestic surveillance. This might be overkill. In fact, the latter might suffice.