AEIR 2018 Theme Chapter: Toward Optimal Provision of Regional Publics Goods in Asia and the Pacific
Understanding how an individual nationís contribution adds to the overall provision of RPGs can help RPG suppliers, including nations and multilateral development banks alike, take the most appropriate modes of provision to avoid the collective action problem.
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The Asia Regional Integration Center (ARIC) is an ongoing technical assistance project of the Economic Research and Regional Cooperation Department (ERCD). Following the 1997/98 Asian financial crisis and the contagion evident around the region, ADB was asked to use its knowledge-based expertise to help monitor the recovery and report objectively on potential vulnerabilities and policy solutions. With the ASEAN+3 process just starting, ADB provided technical assistance beginning in 1999—to create the Asia Recovery Information Center, the precursor to ARIC.
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