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According to the Bank’s website, the proposed knowledge and support TA will continue to improve the Asia-Pacific Regional Cooperation and Integration Index (ARCII) framework by expanding data coverage in underrepresented economies and exploring new indicators to strengthen its use and reliability. The TA will also aim at reflecting important aspects of ADB's regional cooperation and integration (RCI) initiatives and pursuant measurements, in particular the emphasis on subregional programs and applications in the areas of climate change and digitalization. Consultations with relevant operational departments and resident missions will be conducted to produce customized subregional ARCII estimates and assess progress in regional and global integration. The TA will also continue to produce ARCII estimates for ADB operations, including ADB's corporate results framework, monitoring of ADB's RCI Operational Plan, and assessing progress of ADB-initiated subregional programs. To complement ARCII and improve robustness, the TA will develop new bilateral and composite measures of regional integration. The ARCII and other RCI metrics will be employed in research and applications to assess the drivers of RCI and its impact on economic development outcomes.
The TA financing amount is $550,000, which will be financed on a grant basis by ADB’s Technical Assistance Special Fund.
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