The Asian Economic Integration Monitor is a semiannual review of Asia’s regional economic cooperation and integration. It covers the 48 regional members of the Asian Development Bank. This issue includes two theme chapters: i) Toward an ASEAN Economic Community– and Beyond; and ii) World...

Guided by its philosophy of gross national happiness, Bhutan achieved strong growth during 1981–2011, and its per capita gross domestic product more than quintupled, with hydropower as the main growth driver. The government’s conscious efforts to invest in socioeconomic programs have helped...

The cities of South Asia are growing at an unprecedented rate, and there is potential to steer this development onto a sustainable and green path. Carbon financing serves as a valuable revenue source to help cities earn additional income to support low-carbon development. With the end of the...

Bangladesh has made impressive socioeconomic gains with a steady rise in its gross domestic product, a decrease in overall rates of poverty, boost in social development, and steady movement toward achievement of the Millennium Development Goals. ADB has been a key partner in Bangladesh’s...

Papua New Guinea’s economic growth has outpaced the majority of economies in Southeast Asia and the Pacific since 2007. Its development challenges, however, remain daunting, and it lags behind other countries in the region in terms of per capita income and achievement of the Millennium...

This publication reviews recent developments in East Asian local currency bond markets along with the outlook, risks, and policy options. It covers the 10 members of the Association of Southeast Asian Nations plus the People’s Republic of China; Hong Kong, China; and the Republic of Korea. It...

The Quarterly Economic Update (QEU) provides a comprehensive and updated analysis of recent economic performance in Sri Lanka. The QEU for January 2012 highlighted strong economic growth estimated in 2010 and 2011, and noted some indications that the economy has reaching its potential. Impact of...

The Asian Economic Integration Monitor is a semiannual review of Asia’s regional economic cooperation and integration. It covers 48 regional member countries of the Asian Development Bank. This issue includes a special section—Regional Integration: A Balanced View.

This publication is targeted at current and prospective official financiers of grant and loan operations of the Asian Development Bank (ADB). It explains the wide range of financing options available to partners seeking to expand their commitment to developing the Asia and Pacific region. It...