Regional : Deepening Understanding of Macroeconomic Fluctuations in Developing Member Countries for Improved Economic Assessment
The proposed knowledge and support technical assistance (TA) will create knowledge products that enhance the tools for conducting macroeconomic assessments at Asian Development Bank (ADB) headquarters. These products will be disseminated to developing member countries (DMCs), and ADB will support capacity building to provide DMC government officials with a deeper understanding of the patterns and sources of macroeconomic fluctuations. TA outputs will inform policy dialogue between ADB and its DMCs on macroeconomic management in Asian economies.
Project Details
-
Project Officer
Ramayandi, Arief
Economic Research and Development Impact Department
Request for information -
Country/Economy
Regional -
Sector
- Public sector management
| Project Name | Deepening Understanding of Macroeconomic Fluctuations in Developing Member Countries for Improved Economic Assessment | ||||
| Project Number | 51333-001 | ||||
| Country / Economy | Regional Indonesia Thailand |
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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 | Inclusive economic growth Regional integration |
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| Drivers of Change | Governance and capacity development Knowledge solutions |
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| Sector / Subsector | Public sector management / Economic affairs management |
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| Gender | No gender elements | ||||
| Description | The proposed knowledge and support technical assistance (TA) will create knowledge products that enhance the tools for conducting macroeconomic assessments at Asian Development Bank (ADB) headquarters. These products will be disseminated to developing member countries (DMCs), and ADB will support capacity building to provide DMC government officials with a deeper understanding of the patterns and sources of macroeconomic fluctuations. TA outputs will inform policy dialogue between ADB and its DMCs on macroeconomic management in Asian economies. | ||||
| Project Rationale and Linkage to Country/Regional Strategy | In line with ADB's mission to serve as a partner and an agent for change in Asia and the Pacific, ADB must continue to expand its role as a knowledge bank that facilitates dialogue on important economic issues and policies among member countries. Recognizing the importance of macroeconomic stability in supporting other objectives such as inclusive growth and poverty reduction; and considering the rapidly changing global and regional economic environment, ADB must strengthen its capacity to conduct timely macroeconomic assessment, deepen its understanding of sources of volatility and risk, and improve the quality of policy dialogues with DMCs. | ||||
| Impact | Improved environment for policy dialogue with the DMCs (defined by project). |
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| Project Outcome | |
|---|---|
| Description of Outcome | Informed policy advice provided to DMCs through timely assessment of macroeconomic trends and deeper understanding of sources of fluctuations. |
| Progress Toward Outcome | |
| Implementation Progress | |
| Description of Project Outputs | Tools to monitor macroeconomic developments and analyze potential changes to ADB forecasts are enhanced. Baseline of global economic environment and Asian economies assessed. Capacity of ADB DMCs to conduct economic assessments enhanced. |
| Status of Implementation Progress (Outputs, Activities, and Issues) | |
| Geographical Location | Indonesia - Nation-wide; Thailand - Nation-wide |
| Summary of Environmental and Social Aspects | |
|---|---|
| Environmental Aspects | |
| Involuntary Resettlement | |
| Indigenous Peoples | |
| Stakeholder Communication, Participation, and Consultation | |
| During Project Design | |
| During Project Implementation | |
| Responsible ADB Officer | Ramayandi, Arief |
| Responsible ADB Department | Economic Research and Development Impact Department |
| Responsible ADB Division | Macroeconomics Research Division (ERMR) |
| Executing Agencies |
Asian Development Bank |
| Timetable | |
|---|---|
| Concept Clearance | 07 Dec 2017 |
| Fact Finding | - |
| MRM | - |
| Approval | 21 Jun 2018 |
| Last Review Mission | - |
| Last PDS Update | 22 Jun 2018 |
TA 9536-REG
| Milestones | |||||
|---|---|---|---|---|---|
| Approval | Signing Date | Effectivity Date | Closing | ||
| Original | Revised | Actual | |||
| 21 Jun 2018 | - | 21 Jun 2018 | 30 Jun 2020 | 31 Dec 2021 | 17 Feb 2022 |
| 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 | 16 Jul 2022 | 205,096.26 |
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 Access to Information Policy (AIP) 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.
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| Title | Document Type | Document Date |
|---|---|---|
| Deepening Understanding of Macroeconomic Fluctuations in Developing Member Countries for Improved Economic Assessment: Technical Assistance Completion Report | TA Completion Reports | Jul 2022 |
| Deepening Understanding of Macroeconomic Fluctuations in Developing Member Countries for Improved Economic Assessment: Technical Assistance Report | Technical Assistance Reports | Jun 2018 |
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Related Publications
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