Asian Economic Integration: Building Knowledge for Policy Dialogue, 2021-2022 (Subproject 2) (ADB-52206-003)

Regions
  • East Asia and Pacific
Geographic location where the impacts of the investment may be experienced.
Financial Institutions
  • Asian Development Bank (ADB)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Approved
Stage of the project cycle. Stages vary by development bank and can include: pending, approval, implementation, and closed or completed.
Bank Risk Rating
U
Environmental and social categorization assessed by the development bank as a measure of the planned project’s environmental and social impacts. A higher risk rating may require more due diligence to limit or avoid harm to people and the environment. For example, "A" or "B" are risk categories where "A" represents the highest amount of risk. Results will include projects that specifically recorded a rating, all other projects are marked ‘U’ for "Undisclosed."
Voting Date
Jul 20, 2021
Date when project documentation and funding is reviewed by the Board for consideration and approval. Some development banks will state a "board date" or "decision date." When funding approval is obtained, the legal documents are accepted and signed, the implementation phase begins.
Sectors
  • Law and Government
The service or industry focus of the investment. A project can have several sectors.
Investment Type(s)
Advisory Services
The categories of the bank investment: loan, grant, guarantee, technical assistance, advisory services, equity and fund.
Investment Amount (USD)
$ 1.20 million
Value listed on project documents at time of disclosure. If necessary, this amount is converted to USD ($) on the date of disclosure. Please review updated project documents for more information.
Primary Source

Original disclosure @ ADB website

Updated in EWS Jul 14, 2023

Disclosed by Bank Jul 20, 2021


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Project Description
If provided by the financial institution, the Early Warning System Team writes a short summary describing the purported development objective of the project and project components. Review the complete project documentation for a detailed description.

According to Asian Development Bank documents, The TA seeks to support ADB's mandate to promote regional cooperation and integration (RCI) by strengthening the quality and impact of ADB's RCI knowledge products, particularly the Asian Economic Integration Report (AEIR), and RCI-related databases. This subproject will produce and disseminate the AEIR 2022, which will feature a theme chapter on digital services trade.

PROJECT RATIONALE AND LINKAGE TO COUNTRY/REGIONAL STRATEGY

While regional integration continues to deepen in Asia and the Pacific, regional cooperation efforts are likely to become more challenging as remaining areas of RCI are much more complex. Trade tariffs have come down but other border barriers such as quantitative restrictions, border administration, and clearance procedures will be harder to tackle. The same is true of behind-the-border constraints related to logistics, infrastructure, and institutions. These emerging challenges coupled with the fast-changing economic environment require policy makers to monitor regional economic issues and forge policy responses both nationally and regionally. ADB has the mandate and expertise in producing RCI-related knowledge products. Under its Strategy 2030, RCI is set as one of its operational priorities. Strategy 2030 also underscores the value of ADB's knowledge and research in raising understanding of critical issues for action and contributing to global and regional forums by offering regional perspectives.

IMPACT

Increased awareness and understanding of RCI-related issues and policy options to leverage RCI for inclusive and sustainable growth in Asia and the Pacific

Investment Description
Here you can find a list of individual development financial institutions that finance the project.

Contact Information
This section aims to support the local communities and local CSO to get to know which stakeholders are involved in a project with their roles and responsibilities. If available, there may be a complaint office for the respective bank which operates independently to receive and determine violations in policy and practice. Independent Accountability Mechanisms receive and respond to complaints. Most Independent Accountability Mechanisms offer two functions for addressing complaints: dispute resolution and compliance review.
Responsible ADB Officer Kang, Jong Woo
Responsible ADB Department Economic Research and Regional Cooperation Department
Responsible ADB Division ERCI
Executing Agencies
Asian Development Bank
6 ADB Avenue,
Mandaluyong City 1550, Philippines

ACCESS TO INFORMATION

You can submit an information request for project information at: https://www.adb.org/forms/request-information-form

ADB has a two-stage appeals process for requesters who believe that ADB has denied their request for information in violation of its Access to Information Policy. You can learn more about filing an appeal at: https://www.adb.org/site/disclosure/appeals

ACCOUNTABILITY MECHANISM OF ADB

The Accountability Mechanism is an independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an Asian Development Bank-financed project. If you submit a complaint to the Accountability Mechanism, they may investigate to assess whether the Asian Development Bank is following its own policies and procedures for preventing harm to people or the environment. You can learn more about the Accountability Mechanism and how to file a complaint at: http://www.adb.org/site/accountability-mechanism/main.

How it works

How it works