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Asian Economic Integration Report 2018 Toward Optimal Provision of Regional Public Goods in Asia and the Pacific

SKU: 9789292613556

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Additional information

Full Title

Asian Economic Integration Report 2018 Toward Optimal Provision of Regional Public Goods in Asia and the Pacific

Author(s)

Asian Development Bank

Edition
ISBN

9789292613556, 9789292613549

Publisher

Asian Development Bank

Format

PDF and EPUB

Description

This publication is the annual report of the Asian Development Bank (ADB) on Asia’s progress in regional cooperation and integration. It covers ADB’s 48 regional members and analyzes regional and global economic linkages. This year’s special chapter, “Toward Optimal Provision of Regional Public Goods in Asia and the Pacific,” examines how collective action among countries can help find solutions to growing transnational development challenges. It discusses how to best provide regional public goods that transcend the so-called “collective action problem,” which occurs when individual interests are too weak on their own to drive cooperation on common issues. The chapter suggests that multilateral development banks should act as honest broker in enhancing mutual trust and facilitating regional cooperation for regional public goods.