Attempts to define the Asian Crisis and its future course continue to be hotly contested. Towards Recovery in Pacific Asia deals with financial and industrial reform, defence policies, the 'Asian-Values' debate, corruption and croneyism; as well as China, Japan and intra-regional affairs. Rather than trying to resolve the heated debate about the causes of the crisis, this book reflects on underlying trends to examine the possible paths of recovery. Bringing together experts in the field, Towards Recovery in Pacific Asia suggests that recovery is by no means impossible nor as difficult as might at first have seemed. But it requires political reform, tackling specific economic problems and the international support of the US, European Union and World Bank. There are still causes for concern, such as Indonesia's transition from the Suharto era and political reform in China and, most significantly, Japan. With its highly topical focus on the social, political and economic development of the Asia Pacific region, this book represents a vital, up-to-date analysis for students and researchers in Asian studies, International Relations, International Political Economy, as well as policy makers and professionals working in, or with, Pacific Asia.

Attempts to define the Asian Crisis and its future course continue to be hotly contested. Towards Recovery in Pacific Asia deals with financial and industrial reform, defence policies, the 'Asian-Values' debate, corruption and croneyism; as well as China, Japan and intra-regional affairs. Rather than trying to resolve the heated debate about the causes of the crisis, this book reflects on underlying trends to examine the possible paths of recovery. Bringing together experts in the field, Towards Recovery in Pacific Asia suggests that recovery is by no means impossible nor as difficult as might at first have seemed. But it requires political reform, tackling specific economic problems and the international support of the US, European Union and World Bank. There are still causes for concern, such as Indonesia's transition from the Suharto era and political reform in China and, most significantly, Japan. With its highly topical focus on the social, political and economic development of the Asia Pacific region, this book represents a vital, up-to-date analysis for students and researchers in Asian studies, International Relations, International Political Economy, as well as policy makers and professionals working in, or with, Pacific Asia.

This book reviews progress with regional cooperation and integration in Asia and the Pacific and explores how it can be reshaped to achieve a more resilient, sustainable, and inclusive future. Consisting of papers contributed by renowned scholars and Asian Development Bank staff, the book covers four major areas: public goods, trade and investment, financial cooperation, and regional health cooperation. The book emphasizes how the region can better leverage regional integration to realize its vast potential as well as overcome challenges such as the coronavirus disease (COVID-19) pandemic.

The coronavirus disease (COVID-19) pandemic has seen governments across developing Asia move significant amounts of capital into relief efforts that have saved countless lives and livelihoods. But emerging economic recovery packages must not upset the sensitive balance between economic growth and the region’s natural capital. Many global thinkers are advocating the critical role of green infrastructure in supporting economic growth and livelihoods, while safeguarding the Paris Agreement targets. This publication examines green and innovative finance mechanisms that can be incorporated into government recovery strategies to incentivize green infrastructure investment. These mechanisms can play a key role in catalyzing much-needed funds from private capital for a green and sustainable regional recovery.

Despite Asia's protracted economic troubles, the region is poised to recover and perhaps become stronger than ever. This timely work identifies the major challenges facing Asia's Four Tigers (Singapore, Taiwan, South Korea, and Hong Kong), Japan, China, and their Southeast Asian neighbors (Thailand, Indonesia, Malaysia, and the Philippines) as the region increases it role and stature on the world stage. Highly regarded Asia policy makers and opinion shapers consider such key questions as: What is the appropriate response to China's ascent? Are there prospects for U.S.-Asian partnerships (in such areas as the environment)? Is economic cooperation between both sides of the Pacific realistic? How can Americans gain from Asia's attempts to rebuild her institutions? And will East Asia and the United States adjust to a multi-polar security and economic milieu?

In this volume, contributors look at response, recovery and adaptation to climate-induced disasters, in Asia-Pacific - the world's most disaster-prone region. Chapters examine case studies from Cambodia, Fiji, Solomon Islands and Samoa.

Coronavirus disease (COVID-19) has unleashed unparalleled challenges. At the same time, it offers a window to rethink Asia’s most fundamental development policies and strategies to address inequality, socioeconomic vulnerability, and environmental challenges. This publication gathers blogs and short policy pieces contributed by ADB staff and experts in an attempt to tackle immediate challenges and prepare for what may lie beyond the horizon. It covers a broad range of development challenges and highlights the crucial role of rapid adoption of digital technologies, adequate supply of quality infrastructure, disaster risk management, and strengthening regional cooperation for a resilient and sustainable future by shaping post-pandemic conditions.