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Achieving the Sustainable Development Goals through Enhanced Development Cooperation in East and North-East Asia

image of Achieving the Sustainable Development Goals through Enhanced Development Cooperation in East and North-East Asia

East and North-East Asian (ENEA) economies have come to play an increasingly important role in foreign aid regime over the past couple of decades. They are key providers of development assistance; moreover, their development experiences and strategies continue to shape the landscape of development cooperation in the Asia-Pacific region and beyond. This report addresses: global and regional trends and opportunities on development cooperation; the ENEA experience in development cooperation; issues and challenges of development cooperation in the subregion; and enhancing development cooperation to achieve sustainable development. The varying experiences of the ENEA economies – most notably, their transition from being recipient to donors - could provide important lessons in development and the implementation of the 2030 Agenda for Sustainable Development.

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Preface

The world has witnessed an unprecedented growth in the number of regional trade agreements (RTAs) and comprehensive economic cooperation agreements (CECAs). What used to be bilateral and intraregional economic engagements now appear to be moving more and more towards mega-trade blocks across continents and oceans. It is in this context that the future of economic and cooperation integration needs to be analysed for the Asia-Pacific region, which has also been re-endorsed by the Ministerial Council of the Asia-Pacific Trade Agreement (APTA). This chapter also analyses how APTA can help benefit this process of integration for the Asia-Pacific economies. The context, rationale, objectives and modalities of outlining a way forward for APTA are analysed in greater detail in this study. In doing so, addressing the constraints on APTA is the prime focus of this study.

English

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