Project Name | Asian Development Outlook 2022 | ||||
Project Number | 55278-002 | ||||
Country / Economy | Regional |
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Project Status | Active | ||||
Project Type / Modality of Assistance | Technical Assistance |
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Source of Funding / Amount |
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Operational Priorities | OP2: Accelerating progress in gender equality OP6: Strengthening governance and institutional capacity |
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Sector / Subsector | Multisector / ADB's corporate management, policy and strategy development |
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Gender | Some gender elements | ||||
Description | The TA subproject will support the production of the ADO 2022, one of ADB's flagship publications. It will support the following activities: (i) preparing background analytical papers following the 2-year rolling research plan, (ii) further developing and refining analytical methods, (iii) drafting of ADO content, (iv) editing economic content and manuscripts, (v) preparing and laying out of materials for publication, and (vi) disseminating key results and policy messages. | ||||
Project Rationale and Linkage to Country/Regional Strategy | The TA subproject will support activities to produce one of ADB s flagship publications, the ADO. The ADO 's comprehensive analysis of evolving macroeconomic advances and emerging development challenges in the region helps ADB strengthen its role as a knowledge institution, and supports the knowledge and operational work of ADB s regional departments. Country chapters monitor the latest economic developments and provide a near-term outlook, which are essential in developing appropriate policy recommendations to ensure macroeconomic stability. The chapters policy challenge sections analyze key obstacles to inclusive economic growth, such as (i) factors preventing productive employment generation, (ii) human development constraints, (iii) gender and other socioeconomic and demographic barriers, (iv) spatial and geographical limitations, (v) institutional and policy weaknesses, and (vi) factors preventing expansion of social protection programs. The thematic chapters examine important development challenges for a transforming Asia and the Pacific. The capacity of many DMCs to respond to macroeconomic and development challenges is limited by knowledge gaps. The magnitude and nature of the recent shocks hitting these economies have made it extremely hard to track the current state and future trajectory of their economies, making policymaking more difficult. For many policymakers, the issues they face lack precedents that would help them formulate sound responses. Post-COVID, the challenges of ensuring green growth, adequate education, health, and social protection, and addressing inequality also require knowledge solutions. This underscores the need for up-to-date research and comprehensive analyses of macroeconomic issues and development challenges affecting the region such as the ADO. As indicated in ADB's Strategy 2030, ADB's relevance will increasingly depend on its role as a knowledge institution, including its ability to generate solid, policy-relevant research. ADB's knowledge and research is pivotal in raising understanding and awareness about critical areas for action, supporting good policies and reform in DMCs, and in contributing to global development discussions by offering perspectives from the region |
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Impact | Debates and policy research on important development challenges facing Asia and the Pacific deepened |
Project Outcome | |
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Description of Outcome | ADO content helps inform policy discussions by ADB and DMC officials, views of the general public, and analysis of researchers. |
Progress Toward Outcome | |
Implementation Progress | |
Description of Project Outputs | ADO reports disseminated in 2022 Background papers disseminated |
Status of Implementation Progress (Outputs, Activities, and Issues) | |
Geographical Location | Regional |
Summary of Environmental and Social Aspects | |
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Environmental Aspects | |
Involuntary Resettlement | |
Indigenous Peoples | |
Stakeholder Communication, Participation, and Consultation | |
During Project Design | |
During Project Implementation |
Responsible ADB Officer | Abiad, Abdul D. |
Responsible ADB Department | Economic Research and Development Impact Department |
Responsible ADB Division | Macroeconomics Research Division (ERMR) |
Executing Agencies |
Asian Development Bank |
Timetable | |
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Concept Clearance | - |
Fact Finding | - |
MRM | - |
Approval | 25 Nov 2021 |
Last Review Mission | - |
Last PDS Update | 25 Nov 2021 |
Milestones | |||||
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Approval | Signing Date | Effectivity Date | Closing | ||
Original | Revised | Actual | |||
25 Nov 2021 | - | 25 Nov 2021 | 31 Dec 2023 | - | - |
Financing Plan/TA Utilization | Cumulative Disbursements | |||||||
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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 | 04 Sep 2023 | 835,129.58 |