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Regional connectivity for shared prosperity

image of Regional connectivity for shared prosperity
As networks in the Asian and Pacific region become increasingly integrated and interdependent, the future of regional connectivity will depend on how closely Asia-Pacific countries work together. Regional strategies presented in this Theme Study can be the basis for this cooperation. However, success will depend on strengthening institutional coordination between Governments, both across sectors and across borders. Greater cooperation is also needed to identify new sources of finance for developing regional networks. To move the region's connectivity agenda forward, Government should enlist the support of the private sector, academia and civil society, which are the ambassadors and potential beneficiaries of enhanced regional connectivity.

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Conclusions

The countries in Asia and the Pacific are driving the global economy and have become major forces in manufacturing, trade and services. Most of the dynamism has come from individual countries, but the future will be determined by how closely economies can work in combination – taking advantage of extended and more tightly integrated networks. At the same time, as various networks become more and more integrated, it will become increasingly important to have strong institutional coordination and cooperation at different levels. Intergovernmental organisations such as ESCAP can play a role in bringing together Governments and other stakeholders to discuss and implement actions to strengthen connectivity in the region.

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