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Article: Asia: Asian Development Bank Says Asian Economic Integration Is Good For U.S. Economy.
- Article from:
- TendersInfo
- Article date:
- July 16, 2008
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Byline: shahma05
Increasing integration among Asian economies is good not only for Asia, but also for the U.S. and the rest of the world, the Asian Development Bank (ADB) says in a new study.
The integration offers a new platform to promote growth, strengthen trade links, and reduce poverty, the ADB said in a new study, entitled "Emerging Asian Regionalism: A Partnership for Shared Prosperity."
The study also suggested that while Asian economic integration is market-led, to tap the full potential of regional interdependence, Asian economies need to boost their ties through closer dialogue and policy coordination.
"This study is an ...