Key Indicators for Asia and the Pacific 2017
This report gives the latest statistics on economic, financial, environmental, and Sustainable Development Goal (SDG) indicators for the 48 regional members of the Asian Development Bank, including up-to-date figures on energy, trade, and transport. In 2016, Asia and the Pacific accounted for 40.9% of global gross domestic product (GDP). While foreign direct investment (FDI) flows declined in East Asia and Southeast Asia in 2016, FDI flows to South Asia remained stable. The average number of days required to start a business in South Asia was 16. Energy consumption is also expected to increase in the coming decades owing to increasing GDP per capita and an increase in the use of energy-consuming goods.
Author: Asian Development Bank
Tags: ADB, Energy, Transport, Bangladesh, Bhutan, India, Maldives, Nepal, Southeast Asia, Sri Lanka
Doing Business 2018: Reforming to Create Jobs
Doing Business, an annual publication of the World Bank, presents quantitative indicators on business regulations that can be compared across 190 economies and over time. The report finds that entrepreneurs in 119 economies saw improvements in their local regulatory framework, including reforms for reducing complexity in regulatory processes for starting businesses. South Asia scores well for starting a business, though it scores only an average of 33.04 for resolving insolvency. India has the highest score in South Asia for protecting minority investors. Patterns show further room for improvement across all regions and at all income levels.
Author: World Bank Group
Tags: Ease of Doing Business, South Asia, WB
ESCAP Newsletter - 2017 September
The ESCAP Newsletter is a monthly recap of the events and other activities of the United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP). This issue highlights the ASEAN-India partnership and how it could benefit the Asia-Pacific region. Dr. Shamshad Akhtar, Executive Secretary, UNESCAP, talks about the importance of sustainable development and regional cooperation and integration. The issue also features a story on strengthening technical cooperation between UNESCAP and Myanmar.
Author: United Nations Economic and Social Commission for Asia and the Pacific
Tags: ASEAN, India, Myanmar, Regional Cooperation, Regional Integration, UNESCAP
The Asian Economic Integration Cooperation Agreement: Lessons for Economic and Social Development
This paper focuses on the impact of regional integration on development and poverty reduction in the Association of Southeast Asian Nations (ASEAN) economic community. It examines economic growth, rapid trade, and investment expansion and looks at challenges presented by the deterioration in trade balances in Cambodia, Laos, Myanmar, and Vietnam. It also explores the role of regional integration in addressing the development gap in ASEAN countries.
Author: Amelia U. Santos-Paulino
Tags: ASEAN, Free Trade Agreements, Least Developed Countries, Myanmar, Regional Cooperation, Regional Integration, WTO
Nepal Energy Sector Assessment, Strategy, and Road Map
To improve energy security and stimulate economic growth in the face of an unprecedented energy crisis, Nepal is accelerating the development of its hydropower sector. This report examines the performance of Nepal’s energy sector amid development constraints, and highlights government development plans and strategy. It assesses the Asian Development Bank’s (ADB’s) future support strategy, which sees Nepal’s energy sector as a key driver of inclusive economic growth.
Author: Asian Development Bank
Tags: Energy, Nepal, SASEC, ADB, Hydropower