Globalization, Geography, and Regional Policy
The globalization process has had profound effects on the ability of governments to pursue independent national policies. Recent theorizing on trade and geography attempts to explain globalization patterns and their consequences. This discussion paper looks at how these theories can add to the discussion about regional policy in Asia. It concludes that on both efficiency and equity grounds there remains a case for an active regional policy and considers current thinking on how such a policy might be implemented.
Download this Discussion Paper [ PDF 195.4KB| 15 pages ].
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The views expressed in this paper are the views of the authors and do not necessarily reflect the views or policies of the Asian Development Bank Institute (ADBI), the Asian Development Bank (ADB), its Board of Directors, or the governments they represent. ADBI does not guarantee the accuracy of the data included in this paper and accepts no responsibility for any consequences of their use. Terminology used may not necessarily be consistent with ADB official terms.
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