Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/238477 
Year of Publication: 
2020
Series/Report no.: 
ADBI Working Paper Series No. 1120
Publisher: 
Asian Development Bank Institute (ADBI), Tokyo
Abstract: 
Energy security affects national security as well as the availability, extraction, and utilization of natural resources like water, agriculture land, and mining resources. Therefore, energy security is a nation's ability to meet the energy needs of its inhabitants uninterruptedly at an affordable price-both in the short and in the long term. Over the last two decades, the energy security landscape has changed enormously at the global, regional, and local levels. This is particularly true in the context of South Asia, which has experienced rapid economic growth. However, wide disparity exists in terms of its energy security across the regions and between and within countries in Asia. These interrelated aspects, coupled with natural resource and energy constraints, are critical for Asia's long-term growth and development. In particular, people see enhancing energy security through regional cooperation as an important precondition for improving its relationship to regional trade and cooperation. This paper critically examines the literature on energy security in Asia and identifies existing gaps. In particular, the paper provides a growth nexus overview of Asia in the face of a resource-constrained future and discusses key challenges and potentials in enhancing energy security in the region. This paper shows that increasing regional cooperation can help to improve the access to energy among the energy-deficit developing countries in Asia and can benefit the region in terms of the preservation of natural assets, agricultural production, and food security. The paper concludes that enhancing regional cooperation and integration in different layers of resource sharing, production, and trade can bring countries together into an interdependence network to ensure maximum use of renewable and non-renewable energy resources.
Subjects: 
energy security
regional cooperation
regional integration
water-energy-growth nexus
South Asia
JEL: 
F15
Q43
R11
Creative Commons License: 
cc-by-nc-nd Logo
Document Type: 
Working Paper

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