Stronger Together: How Regional Connectivity Can Accelerate Asia and the Pacific’s Growth
Why It Matters
Greater regional connectivity and harmonized institutions could be the decisive strategy for Asia-Pacific middle-income countries to unlock sustained, inclusive growth, accelerate industrial upgrading, and attract long-term investment across physical and digital networks. Implementing these measures would shape the region’s competitiveness and climate-resilient infrastructure development for decades.
Summary
At an ADBI-hosted session ahead of the ADB annual meeting, ADBI dean Bambang Brodjonegoro outlined a new flagship program aimed at helping Asian middle-income economies avoid the ‘middle-income trap’ by deepening regional cooperation and integration. He argued that Europe’s EU experience shows how rule-based, cross-border economic integration can accelerate income convergence, and presented five policy pillars—macroeconomic stability, regional integration/trade and industrial policy, digital transformation and innovation, quality and inclusive growth, and sustainability and climate-resilient infrastructure. Panel discussions will examine practical measures—coordinated standards, cross-border infrastructure, and institutional cooperation—to strengthen physical and digital connectivity, support supply-chain evolution, and promote technology diffusion. The initiative draws on World Bank and ADB research showing few middle-income countries have reached high-income status without strong regional frameworks and institutional backing.
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