Regional Economic Cooperation and Integration In Asia and ......Bambang Susantono Vice President for...

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Regional Economic Cooperation and Integration In Asia and the Pacific Bambang Susantono Vice President for Knowledge Management Asian Development Bank Second Ministerial Conference on Regional Economic Cooperation and Integration 21-24 November 2017 | Bangkok, Thailand

Transcript of Regional Economic Cooperation and Integration In Asia and ......Bambang Susantono Vice President for...

Page 1: Regional Economic Cooperation and Integration In Asia and ......Bambang Susantono Vice President for Knowledge Management Asian Development Bank Second Ministerial Conference on Regional

Regional Economic Cooperation and Integration In Asia and the Pacific Bambang SusantonoVice President for Knowledge ManagementAsian Development Bank

Second Ministerial Conference on Regional Economic Cooperation and Integration21-24 November 2017 | Bangkok, Thailand

Page 2: Regional Economic Cooperation and Integration In Asia and ......Bambang Susantono Vice President for Knowledge Management Asian Development Bank Second Ministerial Conference on Regional

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Need for a renewed focus of RCI is increasing

Page 3: Regional Economic Cooperation and Integration In Asia and ......Bambang Susantono Vice President for Knowledge Management Asian Development Bank Second Ministerial Conference on Regional

ADB’s RCI Pillars

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Trade and Investment

Cooperation and

Integration

Monetary and Financial

Cooperation and

Integration

Cooperation in Regional

Public Goods

Cross-Border Infrastructure and Related

Software

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Cross-border Infrastructure

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The region needs to invest $1.7 trillion a year till 2030

An integrated approach to meet both hard and soft infrastructure needs

Page 5: Regional Economic Cooperation and Integration In Asia and ......Bambang Susantono Vice President for Knowledge Management Asian Development Bank Second Ministerial Conference on Regional

Trade and investmentStrong intraregional trade and investment provides a buffer against global economic risks

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Page 6: Regional Economic Cooperation and Integration In Asia and ......Bambang Susantono Vice President for Knowledge Management Asian Development Bank Second Ministerial Conference on Regional

Financial CooperationHelps channel financial resources to investment to support growth and jobs

Mitigates the effects of potential financial crises

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Regional Public GoodsADB continues to promote regional public goods through technical and financial support

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