Our Analysis

Foundations Papers: Prosperity and regional growth

August 2025

Across successive governments, one fact has remained clear: development in the Indo-Pacific is firmly in Australia’s national interest.

This paper, and the three additional papers connected to it, set out the evidence for that narrative. They examine where development and strategic policy intersect, and explore the opportunities and limits of how cooperation advances Australia’s national interests in multilateralism, regional growth and lasting peace.

Key messages:

- The prosperity and economic growth of Southeast Asia and the Pacific is fundamental to Australia’s national interests.

- A less prosperous region weakens Australia’s trade and investment interests and can lead to increased political instability, transnational crime and migration.

- Development cooperation supports the foundations necessary for growth and prosperity: growing human capital, improving governance and investing in economic infrastructure.

- It also contributes to economic growth directly through supporting key economic sectors like agriculture and facilitating trade and investment opportunities.

Bridi Rice
Bridi Rice
CEO
William Leben
William Leben
Senior Analyst

Foundations Papers: Prosperity and regional growth

Foundations Papers: Prosperity and regional growthFoundations Papers: Prosperity and regional growth

Foundations Papers: Prosperity and regional growth

Foundations Papers: Prosperity and regional growth