Catalog

	Table of Contents
p. 21 of 27 BACK | NEXT Executive Summary I. Background II. The Government's Development Priorities and Outlook III. Strategies and Programs of Other International Funding Agencies IV. ADB's Development Experience V. ADB's Strategy A. Thematic Priorities B. Regional Cooperation C. Indicative Levels and Nonlending Activities D. Participation of Civil Society and Local Governments E. Strengthening Government Capacity VI. Risks, Performance, and Monitoring

Country Operational Strategy Studies - Indonesia : V. ADB's Strategy

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B. Regional Cooperation

206. Needs. Regional efforts must complement national development, encourage regional trade, and facilitate information sharing. Certain problems such as maritime resources and cross-border pollution can only be addressed regionally.

207. Other Agencies’ Activities. Many organizations support regional cooperation, from globally oriented UN agencies to the regionally specific ASEAN and Asia Pacific Economic Community.

208. ADB’s Role. ADB should continue to support BIMP-EAGA³⁸ and the activities of the Regional Economic Monitoring Unit (REMU).³⁹ BIMP-EAGA assistance should focus on inadequate infrastructure development, policy distortions, and supporting a private sector still weakened by the crisis. Within BIMP-EAGA a new ADB initiative supporting SME development merits continued assistance.⁴⁰

209. Information sharing is an additional element of regional cooperation to emphasize. ADB’s REMU is one example of possible activities: through four regional TAs for $3.2 million, with support from the Australian Government, REMU funds capacity building, economic monitoring, information sharing, and policy coordination among countries in Southeast Asia. This support especially encourages sustainable economic recovery. In addition, ADB supports policy review and project assistance in many countries of the subregion. This experience should be utilized through a more focused regional TA program. Target areas should be those of high priority to the less developed nations, including rural development, sustainable environment management, public-private partnership for infrastructure development, decentralized human and social services, and governance. The country program exercise, along with a comprehensive ESW program, will provide inputs in developing a regional TA program supportive of ADB’s country assistance goals.

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