Asian Economic Integration Report 2016

What Drives Foreign Direct Investment in Asia and the Pacific?

The Asian Economic Integration Report is ADB’s annual report on Asia’s regional economic cooperation and integration, covering 48 regional members of the ADB and analyzing their regional as well as global economic linkages. It has two major chapters—(i) the progress in regional cooperation and integration (RCI), which provides the latest progress in economic outlook, trade and investment integration, financial integration, and people movement, and updates of subregional cooperation initiatives; and (ii) special theme chapter on RCI-related topics which could draw broad interest from policy makers and academia alike.


  • A good investment climate is vital in fostering productive private investment—either domestic or foreign.


  • With the continued anemic global economic recovery, trade growth in Asia and the Pacific decelerated in 2015, falling further behind growth in gross domestic product.


  • Trade linkages within subregions have continued to strengthen, while inter-subregional trade linkages weakened.


  • Financial integration continues to increase gradually in the region; but still lags far behind trade integration.


  • Remittances and tourism receipts play an important role in economic growth and development in many Asia and the Pacific economies.


  • Greater domestic production fragmentation helps attract more GVC—FDI.

Contents:

Cover and highlights

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Economic Outlook and Resilience

  • Economic Outlook
  • Economic Shocks and Risks
  • Building Economic Resilience
  • Correlates of Economic Resilience
  • Policy Consideration
  • References
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Trade and Global Value Chain

  • Recent Trends in Asias Trade
  • Analysis of Global and Regional Value Chains
  • Diagnosing Channels of Brexit Impact: Trade and Investment Linkages
  • Updates on Regional Trade Policy
  • References
  • Annexes
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Financial Integration

  • Quantity Indicators
  • Price Indicators
  • Financial Spillover
  • Capital Flow Volatility
  • References
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Movement of People

  • Remittances and Tourism Receipts
  • Migration Updates
  • Drivers and Impact of Migration
  • References
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Subregional Initiatives

  • Central and West Asia: Central Asia Regional Economic Cooperation Program
  • Southeast Asia: Greater Mekong Subregion Program
  • East Asia: Support to CAREC and GMS Program
  • South Asia: South Asia Subregional Economic Cooperation Program
  • The Pacific: Framework for Pacific Regionalism
  • References
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Special Theme: What Drives Foreign Direct Investment in Asia and the Pacific?

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Statistical Appendix

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