For now, Asia does not yet appear to be decoupling from the world economy.
By standing together, Asia’s growth poles can take the next step toward even greater prosperity.
A new bridge will help link the state to other parts of India, and beyond.
If history is any guide, protectionism comes and goes, so the current rising tide will recede eventually.
Despite notable progress, economic corridors remain a work in progress due to key constraints to their future development in the Greater Mekong Subregion.
Networking enhances peer learning, strengthens collective capacities, bridges the gap between research and policy advice, and eventually contributes to the effectiveness of public policies in developing Asia.
If implemented well, this strategy promises more robust industrial growth, improved productivity, higher-paying jobs and skills development, influx of foreign investors, and increased exports.
The joint ADB-PRC Regional Knowledge Sharing Initiative is launching a website to serve as a platform for sharing the PRC’s experiences, methods, ideas and opinions on what works and what doesn’t in development.
Sean O’Sullivan, ADB Director General for Central and West Asia, gives an update on a $1.2 billion project to improve the electricity supply with two giant gas turbines in Uzbekistan.
More coordination and cooperation at the borders will create greater efficiencies that are passed on to traders so business becomes faster and cheaper – a cross-border win-win situation for all in South Asia.