Project Data Sheet
Project 43503-012
Project Data Sheet
Project 43503-012
| Project Name | Monitoring Finance, Food, and Fuel Markets for Development | ||||
| Project Number | 43503-012 | ||||
| Country / Economy | Regional |
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| Project Status | Closed | ||||
| Project Type / Modality of Assistance | Technical Assistance |
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| Source of Funding / Amount |
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| Strategic Agendas | Environmentally sustainable growth Inclusive economic growth Regional integration |
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| Drivers of Change | Private sector development |
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| Sector / Subsector |
Agriculture, natural resources and rural development / Agricultural production Energy / Energy sector development and institutional reform Finance / Finance sector development - Money and capital markets |
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| Gender | No gender elements | ||||
| Description | |||||
| Project Rationale and Linkage to Country/Regional Strategy | |||||
| Impact | The impact of the project will be effective research based policy development and increased recognition of ADB as a premier knowledge institution. The project will strengthen the linkage between research and policymaking and help raise the reputation of ADB as a knowledge producer not only of outputs related to Asia, but of those related to the global economy as well. | ||||
| Project Outcome | |
|---|---|
| Description of Outcome | The outcome of the project will be an improved understanding of the macroeconomic and social impacts of rising and volatile commodity prices and financial market credit constraints, and of the trends and issues underlying these markets. Knowing more about the market underpinnings of various commodities will equip ADB with the capacity to provide better policy advice to its DMCs, in terms of adapting to and mitigating the impacts of commodity price volatilities, while thorough analysis of the financial markets can help ADB member countries institute proper measures to prepare for or even prevent the next financial crisis. Moreover, the project will shed light on the macroeconomic and social impacts of natural disasters and other supply shocks as they affect prices of basic necessities and constrain access to credit. |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | The key outputs of the project will be: (i) knowledge products, such as daily financial, energy, and commodity price indicators bulletins, monthly global economic outlook, working papers, and opinion pieces (ii) knowledge sharing, including a webpage within the ERD site that will house the generated knowledge products, as well as workshops and conferences by well known scholars specializing in commodities and (iii0 policy advice, which includes recommendations for adapting to and mitigating the impacts of sharp movements in global commodity prices. The project activities will be overseen by the Economics and research Department of ADB. |
| 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 | |
| Business Opportunities | |
|---|---|
| Consulting Services | Recruitment of international and domestic consultants is ongoing. TA team has identified some candidates and noncommittal inquiries will be sent out to the prospective consultans in the next few days. |
| Responsible ADB Officer | Bautista, Maria Socorro G. |
| Responsible ADB Department | Economics and Research Department |
| Responsible ADB Division | Office of the Chief Economist, ERD |
| Executing Agencies |
Asian Development Bank Maria Socorro Bautista [email protected] 6 ADB Avenue, Mandaluyong City 1550, Philippines Asian Development Bank Maria Socorro Gochoco-Bautista [email protected] 6 ADB Avenue, Mandaluyong City 1550, Philippines |
| Timetable | |
|---|---|
| Concept Clearance | 11 Nov 2009 |
| Fact Finding | 11 Mar 2009 to 25 Mar 2009 |
| MRM | - |
| Approval | 11 Dec 2009 |
| Last Review Mission | - |
| PDS Creation Date | 20 Nov 2009 |
| Last PDS Update | 23 Nov 2009 |
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 11 Dec 2009 | - | 11 Dec 2009 | 31 Dec 2011 | 30 Jun 2013 | 14 Jun 2013 |
| Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
|---|---|---|---|---|---|---|---|---|
| ADB | Cofinancing | Counterpart | Total | Date | Amount | |||
| Gov | Beneficiaries | Project Sponsor | Others | |||||
| 500,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 500,000.00 | 17 Jun 2022 | 300,232.45 |