In Asia it is thought if to continue economic integration against background of eurozone problems
Baku, Fineko/abc.az. The Asian Developmen Bank is launching Asian Economic Integration Monitor in Singapore.
The Baku-based ADB resident office informs that start of the six-monthly Monitor to be launched in Singapore on 19 July at a press roundtable at the Fullerton Hotel in Singapore Dr. Iwan Azis, Head of ADB’s Office of Regional Economic Integration, will present the findings of the report and answer questions on the region’s economies,.
The Bank points out that Asia’s economic rise has taken place in tandem with growing integration among the region’s economies – in the areas of trade, finance, markets, and infrastructure among others. But with the eurozone struggling to remain intact, there are questions about whether Asia should or will continue to integrate its economies, and if so, what it can learn from the Europe experience.
In its new Asian Economic Integration Monitor, the ADB discusses the outlook for Asia’s economies in light of the global economic slowdown, as well as the prospects and shape of integration in Asia – looking at trade links and agreements, financial markets including currency cooperation, production networks, and broader issues like labor mobility.
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