The Asia and the Pacific are still facing challenges in the wake of the COVID-19 pandemic, the Russian invasion of Ukraine, persistent geopolitical tensions on the trade and technology fronts, and growing investor jitters over high inflation and interest rates. With climate change being one of the biggest threats to achieving sustainable development, there are difficulties in reaching global consensus on how to rebuild economies on a sustainable footing.
This report shows how smart trade and investment policies, and regulatory cooperation in Asia-Pacific can help economies tackle climate change, recover from the pandemic, and support resilient and sustainable development.
It analyzes topics including global value chains, investment, the movement of people, and regional cooperation initiatives and outlines the economic and environmental challenges the region currently faces. It also explores how trade and investment policies can support climate action and highlights why a joined-up approach is essential to help deepen the digital economy, strengthen supply chains and foster greener businesses, markets, and trade.
Contents
- Regional Cooperation is Crucial for Transformative Economic Recovery
- Trade and Global Value Chains
- Cross-Border Investment
- Financial Integration
- Movement of People
- Updates on Subregional Cooperation Initiatives
- Theme Chapter: Trade, Investment, and Climate Change in Asia and the Pacific
- Statistical Appendix
Published February 2023.
Source: Asian Development Bank
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