Regional: Asia's Knowledge Economies: The Next Policy Agenda

Sovereign Project | 46247-001

Summary

The proposed study aims to contribute to an improved understanding of Knowledge-Based Economies (KBEs) in order to help DMCs address practical, operational, and implementation questions for promoting knowledge-based development processes for accelerated growth, with social inclusiveness. It will focus on what developing Asia must do, in terms of policy reforms and investments in knowledge infrastructure.

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Project Name Asia's Knowledge Economies: The Next Policy Agenda
Project Number 46247-001
Country Regional
Project Status Approved
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 8140-REG: Asia's Knowledge Economies: Next Policy Agenda
Technical Assistance Special Fund US$ 1.00 million
TA 8140-REG: Asia's Knowledge Economies: The Next Policy Agenda (Supplementary)
Technical Assistance Special Fund US$ 300,000.00
Strategic Agendas Inclusive economic growth
Drivers of Change Governance and capacity development
Sector / Subsector Education - Tertiary
Industry and trade - Industry and trade sector development
Public sector management - Economic affairs management
Gender Equity and Mainstreaming
Description The proposed study aims to contribute to an improved understanding of Knowledge-Based Economies (KBEs) in order to help DMCs address practical, operational, and implementation questions for promoting knowledge-based development processes for accelerated growth, with social inclusiveness. It will focus on what developing Asia must do, in terms of policy reforms and investments in knowledge infrastructure.
Project Rationale and Linkage to Country/Regional Strategy

Knowledge has become a key driver of competitiveness and is profoundly shaping the patterns of global economic growth and development. A key message from ADB's 39th Annual Meeting seminar says that developing countries that fail to transform effectively into KBEs will fall further behind more advanced countries, widening the disparities between developed and developing economies.

Many countries in developing Asia have yet to embark on a full-scale knowledge-driven development process, and the high growth rate recorded in recent years has been mostly due to structural transformations from agriculture to industry. If Asia is to maintain its high growth rates, knowledge needs to be put to work as: a driver of competitiveness and productivity growth; a facilitator of welfare and development; and an enabler of better institutions and governance.

Impact DMCs adopt effective policies and investments toward advancing knowledge-based economies (KBEs)
Project Outcome
Description of Outcome Knowledge of DMCs (ministries of finance and planning; key institutions for education, science and technology) on options for policy, regulatory and institutional reforms, and financing solutions to advance KBEs in Asia improved
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

1. Strategic report comprising thematic and country chapters on success factors for KBEs and specific policy recommendation prepared

2. A strategic high-level seminar to deliberate on study findings and recommendations held

3. Communication plan for taking forward the findings of the study implemented

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location Regional
Summary of Environmental and Social Aspects
Environmental Aspects
Involuntary Resettlement
Indigenous Peoples
Stakeholder Communication, Participation, and Consultation
During Project Design
During Project Implementation Various consultative activities will be conducted with stakeholders during data collection and research. These include meetings, possible workshops in selected countries and consultations with research institutions.
Business Opportunities
Consulting Services

ADB will be the executing agency. The TA will be implemented jointly by the Regional Sustainable Development Department (RSDD) and the Economics and Research Department, in coordination with other key departments.

ADB will establish a high level panel (HLP), comprising 7 experts of international stature to guide the research and final report. External members of the HLP will be engaged as resource persons for 10 person-days each. A team of international and national experts (to be engaged as individual consultants), will conduct research, analyses, write the report and be responsible for its dissemination. The indicative expertise and engagement period for the individual consultants include: (i) international innovation policy and technology expert/team leader (5 person-months); (ii) international knowledge economy specialist (4 person-months); (iii) international ICT expert (3 person-months); (iv) international education, science and technology and industry expert (2 person-months); (v) national thematic experts in specific disciplines (3 X 4 person-months); and (vi) local national consultant for the study secretariat (6 person months).

Consultants will be engaged in line with ADB's Guidelines on the Use of Consultants (2010, as amended from time to time). Disbursements under the TA will be done in accordance with the ADB Technical Assistance Disbursement Handbook.

Responsible ADB Officer Shanti Jagannathan
Responsible ADB Department SDCC
Responsible ADB Division SDOD
Executing Agencies
Asian Development Bank6 ADB Avenue, Mandaluyong
Metro Manila, Philippines
P.O. Box 789, 1099 Manila,
Philippines
Timetable
Concept Clearance 08 May 2012
Fact Finding 28 Jun 2012 to 15 Jul 2012
MRM -
Approval 27 Aug 2012
Last Review Mission -
Last PDS Update 09 Jul 2012

TA 8140-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
27 Aug 2012 - 27 Aug 2012 31 Dec 2013 30 Jul 2015 -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
1,300,000.00 0.00 0.00 0.00 0.00 0.00 1,300,000.00 27 Aug 2012 695,071.17

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