Regional : Improving Competitiveness and Regulatory Environment for Digital Economy
Digital regulatory cooperation is essential for developing economies to take full advantage of the opportunities offered by digitalization. As consumers and producers continue to adopt online purchasing, digital transactions and the remote delivery of services, digital regulatory frameworks are gradually adapting to changing needs. The knowledge and support TA will strengthen DMCs' understanding of the role and impact of regulatory regimes in the digital economy by creating awareness on the design and policy options available, identifying the existing gaps, assessing the economic implications, and devising strategies to undertake the digital transformation.
Project Details
-
Project Officer
Avendano Pabon, Rolando
Economic Research and Development Impact Department
Request for information -
Country/Economy
Regional -
Sector
- Industry and trade
- Project Name
- Improving Competitiveness and Regulatory Environment for Digital Economy
- Project Number
- 57129-001
- Country / Economy
- Regional
- Project Status
- Active
- Project Type / Modality of Assistance
- Technical Assistance
- Source of Funding / Amount
TA 10272-REG: Improving Competitiveness and Regulatory Environment for Digital Economy Source Amount Technical Assistance Special Fund US$ 750,000.00 - Operational Priorities
- OP1: Addressing remaining poverty and reducing inequalities
- OP6: Strengthening governance and institutional capacity
- OP7: Fostering regional cooperation and integration
- Sector / Subsector
Industry and trade / Small and medium enterprise development - Trade and services
- Gender
- No gender elements
- Description
- Digital regulatory cooperation is essential for developing economies to take full advantage of the opportunities offered by digitalization. As consumers and producers continue to adopt online purchasing, digital transactions and the remote delivery of services, digital regulatory frameworks are gradually adapting to changing needs. The knowledge and support TA will strengthen DMCs' understanding of the role and impact of regulatory regimes in the digital economy by creating awareness on the design and policy options available, identifying the existing gaps, assessing the economic implications, and devising strategies to undertake the digital transformation.
- Project Rationale and Linkage to Country/Regional Strategy
Digital regulatory regimes are essential for economies' capacity to adopt digital transformation policies. While digital technologies have increased ease in doing business and widened consumer choice, they also pose new risks to safety, privacy, and security. Legal and regulatory environments should keep up and adapt with the rapidly changing digital environment.
Although there is more awareness among ADB developing member countries (DMCs) of the importance of regulatory regimes, their potential for promoting, or hindering, economic development, is not well understood. DMCs' adoption and alignment with international standards in cybersecurity, data privacy, and digital identity remains limited in the region, whereas other pillars of digital integration, including competition, procurement, cross-border data policies, foreign direct investment, intellectual property rights and technical standards, require further consideration.
- Impact
Institutional capacity and regional cooperation on digital regulatory framework enhanced.
Project Outcome
- Description of Outcome
Capacity of DMCs to assess and adopt digital regulatory regimes in line with international standards of digital cooperation improved.
- Progress Toward Outcome
Implementation Progress
- Description of Project Outputs
Knowledge products on digital policies, regulatory regimes, and economic performance produced.
- 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
- Individual consultants will be recruited through individual selection to provide international and national consulting inputs. Consulting firms may be recruited to provide expertise on platform management, using quality- and cost-based selection with a 90:10 qualitycost ratio. As needed, other methods such as single-source selection will be utilized with proper justification. Resource personsinternationally distinguished experts, who could include ADB staffwill be engaged to present or facilitate discussions at summits and conferences, dissemination seminars, and other knowledge events. The consultants will be engaged following the ADB Procurement Policy (2017, as amended from time to time) and its associated project administration instructions and/or staff instructions.
- Procurement
- The purchase of information technology equipment (computer hardware and software) and statistical databases will follow the ADB Procurement Policy (2017, as amended from time to time). After the TA is completed, the TA team will dispose of any procured equipment in compliance with the project administration instructions on administering grant-financed TA projects. Disbursements under the TA will be made in accordance with ADB's Technical Assistance Disbursement Handbook (2020, as amended from time to time).
Contact
- Responsible ADB Officer
- Avendano Pabon, Rolando
- Responsible ADB Department
- Economic Research and Development Impact Department
- Responsible ADB Division
- Regional Cooperation and Integration Division (ERCI)
- Executing Agencies
-
Asian Development Bank
Timetable
- Concept Clearance
- 29 Jun 2023
- Fact Finding
- 17 May 2023 to 17 May 2023
- MRM
- -
- Approval
- 29 Dec 2023
- Last Review Mission
- -
- Last PDS Update
- 03 Jan 2024
Funding
TA 10272-REG
| Approval | Signing Date | Effectivity Date | Closing | ||
|---|---|---|---|---|---|
| Original | Revised | Actual | |||
| 29 Dec 2023 | - | 29 Dec 2023 | 31 Dec 2025 | - | - |
| ADB | Cofinancing | Counterpart | Total | |||
|---|---|---|---|---|---|---|
| Gov | Beneficiaries | Project Sponsor | Others | |||
| 750,000.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 750,000.00 |
| Date | Amount |
|---|---|
| 23 Jan 2024 | 0.00 |
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.
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 |
|---|---|---|
| Improving Competitiveness and Regulatory Environment for Digital Economy: Technical Assistance Report | Technical Assistance Reports | Dec 2023 |
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.
Related Publications
None currently available.
The Access to Information Policy (AIP) 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.
Tenders
| Tender Title | Type | Status | Posting Date | Deadline |
|---|---|---|---|---|
| International Expert on Digital Trade Integration | Individual - Consulting | Closed | ||
| Senior Research Associate | Individual - Consulting | Closed |
Contracts Awarded
Procurement Plan
None currently available.