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ADBI Annual Conference on Growth and Regional Cooperation and Integration in Asia and the Pacific in 2013 and Beyond
The aim of the conference is to take stock of recent developments in growth and regional integration, explore prospects and assess policy choices for sustainable growth. It will discuss the growth slowdown in the People's Republic of China (PRC) and India and its impact on the region, the unfolding eurozone crisis and impacts on the region, and shifts in regional trade and financial integration. Papers will be published as ADBI working papers and as part of an edited book.
The aftermath of the global financial crisis of 2007-2008 continues to present challenges for achieving sustainable and inclusive growth in Asia. First, growth rates in the major export markets in the US and Europe look likely to remain subdued for some years to come. This points to the need for greater trade integration within Asia to take greater advantage of the growing regional market. The implications of the various options for regional trade integration need to be assessed.
Second, greater financial integration in the region is needed in order to facilitate the deployment of regional savings to support high levels of investment, including in infrastructure, while at the same time ensuring that such integration has adequate safeguards to control destabilizing volatile capital flows.
Third, the European Union has long been regarded as the most advanced example of regional economic and financial integration. Therefore, it is important to analyze the lessons of the eurozone crisis with regard to further integration in Asia.
The aim of the conference is to take stock of recent developments in growth and regional integration, explore prospects and assess policy choices for sustainable growth.
The key issue to be analyzed in the conference is the progress of economic and financial integration in Asia, including trade and finance. In particular, the conference will cover the following thematic areas:
This activity will produce three research papers, which will be considered for inclusion in ADBI's policy briefs or working papers, as well as in a published book.
The authors of the research papers, scholars from well known universities, research institutions, think thanks, etc., experts from government agencies, and a broader audience from public and private organizations as well as postgraduate students.
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