Many policy-makers consider that accounting for the Asia-Pacific Region as one economic entity is a bad idea because its economies are so diverse and the institutions needed to manage such a disparate universe it are absent. But this book, entitled Towards a Common Future- Understanding Growth , Sustainability in the Asia Pacific Region edited by economist and Director, IMI Kolkata Arindam Banik, Munim Kumar Barai, a Bangladeshi financial economist working in Japan, and Yasushi Suzuki, a Japanese economist, highlights a more important fault-line — that of ideas.
While tremendous progress is taking place in the region, both in terms of economic growth and development, each of the countries in the region has, however, been facing challenges in its quest for sustainable development. Arguably, sustainable development in the region may be critical to the world as a whole achieving sustainable development as well.
With a limited mandate, the book proposes to cover some specific growth and development issues related to “the hot spots” of the Asia-Pacific that are seen as contributing significantly to sustainable development in their respective areas.
The book also proposes to look at the formation and strengthening of economic and financial initiatives that are likely to affect growth and influence the economic cooperation and integration of countries in the Asia-Pacific Region.
The book is published by Springer Nature, Germany.