Regional Economic Development; Public Sector Corruption & Anticorruption Measures; Environmental Economics & Policies; Banks & Banking Reform; Post Conflict Reconstruction
East Asia and Pacific; South Asia
Summary: For the past decade and a half, the International Development Organizations (IDOs) have been making continual efforts to finance multi-country projects with regional goals. Despite their efforts, the structure of intervention through projects with regional development goals has not been easy to design and implement. This study, therefore, is born of a need for more precise and comprehensive information about the legal and institutional aspects involved in designing regional projects. Based essentially on desk study, with limited field consultation, its objective is to share information from places where such projects have been successfully designed and smoothly implemented and to review the general legal and institutional tools, prospects, and opportunities for designing and implementing such projects. Moreover, the study has a particular focus on Asia, so as to adapt the features of the successful regional projects and use them, if deemed applicable, in the Asian context. This study is divided into eight chapters, broadly covering the theory and the practice in different places, and identifying the opportunities and prospects for adaptability in Asia. Following this introduction, chapter two briefly touches upon the concept and meaning of a region, the purpose and the value of regionalism, the needs and justifications for preparing region wide operations, and briefly describes the different types of regional organizations along with their institutional framework. The definition of regional projects for the purpose of this study is covered in chapter three. Chapter four devotes a few paragraphs to discuss the value of political commitment of countries and the efforts required to securing it. Chapter five is about the general legal structure applicable to regional projects. Chapter six is about the special and unique situation of Asia, the main focus of this study, and the challenges resulting from its uniqueness. Following the discussions of the critical elements that are absent, chapter seven makes some proposals for consideration, by teams in developing regional projects. Finally, the study provides a brief conclusion in chapter eight, followed by a list of selected references, which, the author hopes, will be useful for those who wish to conduct further research on the topic.
Official, scanned versions of documents (may include signatures, etc.)