Regional: Emerging Asian Regionalism: Ten Years After the Crisis

Sovereign Project | 40249-012

Summary

The purpose of this TA is to prepare a detailed study on the development perspectives for East Asian countries, given the changing economic environment ten years after the financial crisis of 1997. The RETA will include the preparation of several technical studies and background economic papers on issues related, but not limited to the following topics: (i) Lessons from the crisis (turning the crisis into opportunities) (ii) Restructuring and reform processes (iii) New dimensions (regional economic cooperation and integration, rise of PRC and India) (iv) Macroeconomic management (v) Financial sector development (vi) Productivity & competitiveness (vii) Social inclusion of growth (viii) National & regional economic management of globalization (ix) Policy challenges to strengthen governance and institutions (x) Shaping a new regional economic architecture. The final report of the study will be published in the form of a book ideally before the end of 2007.

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Project Name Emerging Asian Regionalism: Ten Years After the Crisis
Project Number 40249-012
Country Regional
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 6374-REG: Emerging Asian Regionalism: Ten Years After the Crisis
Japan Special Fund US$ 980,000.00
TA 6374-REG: Emerging Asian Regionalism: Ten Years After the Crisis (Supplementary)
Technical Assistance Special Fund US$ 387,000.00
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change
Sector / Subsector Public sector management - Economic affairs management
Gender Equity and Mainstreaming No gender elements
Description The purpose of this TA is to prepare a detailed study on the development perspectives for East Asian countries, given the changing economic environment ten years after the financial crisis of 1997. The RETA will include the preparation of several technical studies and background economic papers on issues related, but not limited to the following topics: (i) Lessons from the crisis (turning the crisis into opportunities) (ii) Restructuring and reform processes (iii) New dimensions (regional economic cooperation and integration, rise of PRC and India) (iv) Macroeconomic management (v) Financial sector development (vi) Productivity & competitiveness (vii) Social inclusion of growth (viii) National & regional economic management of globalization (ix) Policy challenges to strengthen governance and institutions (x) Shaping a new regional economic architecture. The final report of the study will be published in the form of a book ideally before the end of 2007. Three international workshops will be organized to prepare this report: one inception meeting, one interim meeting where individual papers will be presented and discussed, and one last meeting to finalize the revised versions of the papers. In addition, one or more high profile international conferences will be organized in collaboration with other national and international agencies to mark the tenth year anniversary of the crisis and discuss the direction of Asian economic development. The study outcome, structure, and direction will be finalized by OREI following the advice of a team of leading economic development scholars selected in consultation with a steering committee composed by ADBI, ERD, RSDD, SPD and other ADB departments. The papers, to be delivered by well known international scholars and experts as well as by ADB staff under the supervision of the steering committee, will be also used as resource material for ADB training programs, especially those organized by OREI and ADBI.
Project Rationale and Linkage to Country/Regional Strategy
Impact A new platform to help achieve sustained economic growth and the long-term goal of poverty reduction in Asia and the Pacific, learning from a decade-long development path of economies hit by the 1997 1998 financial crisis, especially as regional cooperation and integration has broadened and deepened.
Project Outcome
Description of Outcome Enhanced understanding of emerging Asian regionalism 10 years after the financial crisis, while providing policy lessons relevant to a wide range of developing member countries (DMC) of the Asian Development Bank (ADB).
Progress Toward Outcome
Implementation Progress
Description of Project Outputs 1. Several analytical and policy studies; 2. Several background economic papers; 3. Publication of a two volume book; 4. Organization of two international workshops; 5. Organization of one or more international conference(s).
Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location ADB Headquarter
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation
Business Opportunities
Consulting Services International consultants are composed of the following: 1. Principal Consultant (approximately 3 person months, intermittent) 2. Financial & Economic Development Specialist (approximately 2 person months, intermittent) 3. Macro Financial Expert (approximately 2 person months, intermittent) 4. Financial Economist (approximately 2 person months, intermittent) 5. Productivity and Competitiveness Expert (approximately 2 person months) 6. Social Economics Expert (approximately 2 person months, intermittent) 7. International Economist (approximately 2 person months, intermittent) 8. Economists for Background Papers (approximately 10 consultants, 10 person months total) 9. Economics Editor (approximately 5 person months, intermittent) Domestic consultants are composed of the following: 1. Project Coordinator International Economist (approximately 12 person months) 2. Event Coordinator (approximately 3 person months, intermittent)
Responsible ADB Officer Jayant Menon
Responsible ADB Department Office of Regional Economic Integration
Responsible ADB Division Office of Regional Economic Integration
Executing Agencies
Asian Development BankGiovanni Capannelli6 ADB Avenue, Mandaluyong City 1550, Philippines
Timetable
Concept Clearance 03 Nov 2006
Fact Finding -
MRM -
Approval 18 Dec 2006
Last Review Mission -
Last PDS Update 11 Jan 2007

TA 6374-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
18 Dec 2006 - 18 Dec 2006 30 Jun 2008 31 Dec 2012 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
1,367,000.00 0.00 0.00 0.00 0.00 0.00 1,367,000.00 18 Dec 2006 1,330,180.31

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Evaluation Documents

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