Regional: Roundtable Conference: Future Asian Regional Cooperation and Integration Agenda

Sovereign Project | 48130-001

Summary

This technical assistance (TA) aims to define a second generation RCI agenda related to trade and investment (pillar 2 of the RCI Strategy) and productivity and promote this among key stakeholders. The TA will have three key outputs: (i) Analytical studies on special economic zones and production networks; small and medium size enterprises and production networks; trade facilitation; trade and supply chain financing; trade logistics; and regional institutions and financing mechanisms; (ii) Knowledge events including a Roundtable Conference to be held in November 2014; workshops to discuss initial findings; and dissemination events to present the key findings of the research work; and (iii) Knowledge products, including a book containing the analytical studies and working papers.

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Project Name Roundtable Conference: Future Asian Regional Cooperation and Integration Agenda
Project Number 48130-001
Country Regional
Project Status Approved
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 8704-REG: Roundtable Conference: Future Asian Regional Cooperation and Integration Agenda
Technical Assistance Special Fund US$ 1.00 million
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Knowledge solutions
Partnerships
Private sector development
Sector / Subsector Finance - Money and capital markets
Industry and trade - Trade and services
Public sector management - Economic affairs management
Gender Equity and Mainstreaming No gender elements
Description This technical assistance (TA) aims to define a second generation RCI agenda related to trade and investment (pillar 2 of the RCI Strategy) and productivity and promote this among key stakeholders. The TA will have three key outputs: (i) Analytical studies on special economic zones and production networks; small and medium size enterprises and production networks; trade facilitation; trade and supply chain financing; trade logistics; and regional institutions and financing mechanisms; (ii) Knowledge events including a Roundtable Conference to be held in November 2014; workshops to discuss initial findings; and dissemination events to present the key findings of the research work; and (iii) Knowledge products, including a book containing the analytical studies and working papers.
Project Rationale and Linkage to Country/Regional Strategy

In 2014, after almost a decade has passed since the approval of the RCI strategy and more than 5 years since the adoption of ADB''s Strategy 2020, the region is faced with a rapidly changing global economic environment characterized by the tapering of the United States' quantitative easing, the threatening rise in global interest rates, volatile foreign direct investment flows as a result of advanced economies' recovery, the economic slowdown of the People''s Republic of China (PRC), and the changing role of Japan''s production networks. This has repercussions on the region by making the environment for traditional Factory Asia exports more difficult and potentially hurting traditional intermediate goods trade in Asia.

To further analyze the changing global economic trends in the context of ADB''s efforts to implement its Strategy 2020, ADB has conducted a midterm review of the strategy. Included in the findings of the midterm review is the need to focus attention on the path that RCI has to take on structural reforms, over and above national efforts, to counter slowing productivity growth, reduce inequality, and mitigate vulnerability risks in the region. Given the complexities of the productivity, inequality, and vulnerability issues in the context of RCI, as discussed in the midterm review, special attention must be given to each issue on a sequential basis rather than to all three at once. The focus for 2014 will be on productivity. Two other RCI drivers - inequalities and vulnerabilities - would be addressed in 2015 and 2016, respectively.

This TA aims to implement the part of the recommendations of ADB's midterm review on second generation RCI that focuses on the recent slowdown in productivity growth globally and regionally with its scope narrowed down to pillar 2 of the RCI strategy (trade and investment). Through knowledge and understanding of the key issues surrounding the next phase of the RCI strategy for trade and investment and, subsequently, applying this within the context of the developing member countries (DMCs), the TA will help strengthen ADB''s role as a catalyst and coordinator of RCI for DMCs.

Impact Second-generation RCI policies and recommendations (trade- and productivity-driven growth) implemented in ADB DMCs
Project Outcome
Description of Outcome Second-generation RCI agenda (focused on trade- and investment-driven productivity) supported by DMCs and other stakeholders
Progress Toward Outcome
Implementation Progress
Description of Project Outputs

1. Analytical studies on the following topics conducted:

a. Special economic zones and production networks

b. Small and medium-sized enterprises and production networks

c. Trade facilitation and trade agreements

d. Trade and supply chain financing

e. Trade logistics

f. Regional institutions and financing mechanisms

2. Knowledge events highlighting the second-generation RCI agenda focused on enhancing productivity through trade and investment cooperation and integration conducted

3. Knowledge products presenting the second-generation RCI agenda published and disseminated

Status of Implementation Progress (Outputs, Activities, and Issues)
Geographical Location
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 The TA will require about 15 person-months of international (individual) and 30 person-months of national (individual) consulting services. The international sector specialists will provide technical and analytical support to ADB focal persons in drafting and finalizing the analytical studies and undertake surveys related to the studies. Another international consultant will be the economics editor. The national consultants will assist in the development of analytical studies, conduct of knowledge events, and publication of knowledge products: one research associate to provide research support to the TA team and one project coordinator to assist in supervising and coordinating the delivery of TA outputs as well as provide administrative support to the TA. Survey experts (firms) may be engaged for the preparation of some of the analytical studies under least cost selection.
Procurement Purchases of equipment and statistical databases may be undertaken as needed.
Responsible ADB Officer Xinglan Hu
Responsible ADB Department Economic Research and Regional Cooperation Department
Responsible ADB Division ERCI
Executing Agencies
Asian Development Bank6 ADB Avenue, Mandaluyong
Metro Manila, Philippines
P.O. Box 789, 1099 Manila,
Philippines
Timetable
Concept Clearance 14 May 2014
Fact Finding 03 Feb 2014 to 22 May 2014
MRM -
Approval 25 Aug 2014
Last Review Mission -
Last PDS Update 25 Jun 2014

TA 8704-REG

Milestones
Approval Signing Date Effectivity Date Closing
Original Revised Actual
25 Aug 2014 - 25 Aug 2014 31 Dec 2015 - -
Financing Plan/TA Utilization Cumulative Disbursements
ADB Cofinancing Counterpart Total Date Amount
Gov Beneficiaries Project Sponsor Others
1,000,000.00 0.00 0.00 0.00 0.00 0.00 1,000,000.00 25 Aug 2014 233,709.88

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