Regional: Deepening Understanding of Macroeconomic Fluctuations in Developing Member Countries for Improved Economic Assessment

Sovereign Project | 51333-001

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 Regional Cooperation 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
Project Status Closed
Project Type / Modality of Assistance Technical Assistance
Source of Funding / Amount
TA 9536-REG: Deepening Understanding of Macroeconomic Fluctuations in Developing Member Countries for Improved Economic Assessment
Technical Assistance Special Fund US$ 500,000.00
Strategic Agendas Inclusive economic growth
Regional integration
Drivers of Change Governance and capacity development
Knowledge solutions
Sector / Subsector

Public sector management / Economic affairs management

Gender Equity and Mainstreaming 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).
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 Regional Cooperation Department
Responsible ADB Division ERMR
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines
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 17 Jun 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.

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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.

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Evaluation Documents See also: Independent Evaluation

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Related Publications

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