Publisher's Synopsis
This report analyzes how regional integration has driven economic growth in Asia and the Pacific and looks at how cooperation could mitigate external shocks.
The report examines how integration has significantly impacted trade, global value chains, foreign direct investment, finance, migration, remittances, and tourism, and highlights that a renewed focus on regional cooperation could cushion external shocks. Modernizing trade and investment agreements, enhancing regional financial arrangements, and advancing digitalization could help drive economic prosperity, bridge the digital divide, and navigate challenges in the coming decades.
