The TA will examine important issues related to the global reserve system and is envisaged to be a key reference of current consensus and differences in the debate of the global reserve system. The TA will facilitate knowledge for regional integration and cooperation, particularly on financial sector and macroeconomic policies. Successful completion of this project represents a further step in meeting the long term impact of ADB's Regional Cooperation and Integration Strategy. It will also further enhance ADB's comparative strength in regional cooperation and integration as identified in its long term strategic framework 2008 2020 (Strategy 2020).
|Project Name||The Future Global Reserve System-an Asian Perspective|
|Project Type / Modality of Assistance||Technical Assistance
|Source of Funding / Amount||
|Strategic Agendas||Inclusive economic growth
|Drivers of Change||Governance and capacity development
|Sector / Subsector||
Public sector management - Economic affairs management - Public administration - Public expenditure and fiscal management
|Gender Equity and Mainstreaming|
|Description||The TA will examine important issues related to the global reserve system and is envisaged to be a key reference of current consensus and differences in the debate of the global reserve system. The TA will facilitate knowledge for regional integration and cooperation, particularly on financial sector and macroeconomic policies. Successful completion of this project represents a further step in meeting the long term impact of ADB's Regional Cooperation and Integration Strategy. It will also further enhance ADB's comparative strength in regional cooperation and integration as identified in its long term strategic framework 2008 2020 (Strategy 2020).|
|Project Rationale and Linkage to Country/Regional Strategy|
|Impact||Enhanced capacity of policy makers and the public in Asia to contribute to and participate actively and constructively in the emerging global dialogue on reforming the global reserve system|
|Description of Outcome||Increased awareness and understanding of issues related to the development of the global reserve system, and a well informed and balanced view of different proposals for reforming the global reserve system|
|Progress Toward Outcome|
|Description of Project Outputs||
An e book, including the final report from the Advisory Group and memos from its members and several background papers
Publication of the background analytical papers in ADB internal and external journals
Two international workshops jointly with the steering research institution
one or more international conferences in 2010 organized in collaboration with external agencies to disseminate the findings of the book.
|Status of Implementation Progress (Outputs, Activities, and Issues)|
|Geographical Location||ADB Headquarters|
|Summary of Environmental and Social Aspects|
|Stakeholder Communication, Participation, and Consultation|
|During Project Design|
|During Project Implementation|
|Consulting Services||Consulting Firm International 1. Steering research institute (international, 12 consultants, 11 person months total) Individual Consultants International 2. Technical experts (international, 6 consultants, 6 person months total) Individual Consultants International 3. Economics Editor (international, 1 person month, intermittent) 4. Research Associate and Project Coordinator (national, 12 person months) 5. Copy Editor and Typesetter (national, 2 consultants, 2 person months) Resource Persons (about 6 resource persons, approximately 0.5 person month)|
|Responsible ADB Officer||Song, Lei Lei|
|Responsible ADB Department||Office of Regional Economic Integration|
|Responsible ADB Division||Office of Regional Economic Integration|
Asian Development Bank
Lei Lei Song
No. 6 ADB Avenue, Mandaluyong City, 1550 Metro Manila, Philippines
|Concept Clearance||28 May 2009|
|Fact Finding||11 Mar 2009 to 25 Mar 2009|
|Approval||21 Jul 2009|
|Last Review Mission||-|
|PDS Creation Date||16 Jul 2010|
|Last PDS Update||19 Oct 2010|
|Approval||Signing Date||Effectivity Date||Closing|
|21 Jul 2009||-||21 Jul 2009||30 Jun 2011||30 Sep 2012||-|
|Financing Plan/TA Utilization||Cumulative Disbursements|
|950,000.00||0.00||0.00||0.00||0.00||0.00||950,000.00||21 Jul 2009||906,785.74|
Project Data Sheets (PDS) contain summary information on the project or program. Because the PDS is a work in progress, some information may not be included in its initial version but will be added as it becomes available. Information about proposed projects is tentative and indicative.
The Public Communications Policy (PCP) recognizes that transparency and accountability are essential to development effectiveness. It establishes the disclosure requirements for documents and information ADB produces or requires to be produced.
The Accountability Mechanism provides a forum where people adversely affected by ADB-assisted projects can voice and seek solutions to their problems and report alleged noncompliance of ADB's operational policies and procedures.
In preparing any country program or strategy, financing any project, or by making any designation of, or reference to, a particular territory or geographic area in this document, the Asian Development Bank does not intend to make any judgments as to the legal or other status of any territory or area.
|Title||Document Type||Document Date|
|The Future Global Reserve System - an Asian Perspective||TA Completion Reports||Jan 2014|
Safeguard Documents See also: Safeguards
Safeguard documents provided at the time of project/facility approval may also be found in the list of linked documents provided with the Report and Recommendation of the President.
None currently available.
Evaluation Documents See also: Independent Evaluation
None currently available.
|Title||Document Type||Document Date|
|The Future Global Reserve System: An Asian Perspective||Reports||Jun 2010|
The Public Communications Policy (PCP) establishes the disclosure requirements for documents and information ADB produces or requires to be produced in its operations to facilitate stakeholder participation in ADB's decision-making. For more information, refer to the Safeguard Policy Statement, Operations Manual F1, and Operations Manual L3.
Requests for information may also be directed to the InfoUnit.