There is a pressing need for the countries in the Asia-Pacific region to establish their own sustainable mechanism to monitor the effectiveness of trade and transport facilitation reforms and measures and identify solutions to streamline and optimize trade and transport process. Although existing global trade facilitation performance surveys and databases provide useful information on benchmarking and raise awareness, they do not provide sufficiently detailed information to develop or update national trade and transport facilitation action plans.
ESCAP supports governments in Asia-Pacific in implementing measures to efficiently involve the private sector in infrastructure development. Developing case studies is part of this effort and promotes exchange of experience among the countries of the region.
Case 1: Traffic Demand Risk / The case of Bangkok’s Skytrain (BTS)
The following case study examines the issue of traffic demand risk and sheds light on how the problem of inaccurate ridership forecasts can impact a PPP project by using the example of the Bangkok SkyTrain.
Countries that implement trade facilitation reforms and enhance trade efficiency and connectivity are generally expected to attract more foreign direct investments. This paper is a first attempt to quantify the potential impact of trade facilitation on FDI flows. Using a unique bilateral dataset on FDI flows covering both OECD and developing economies in Asia and the Pacific, we estimate gravity models of FDI featuring relevant trade costs and trade facilitation indicators.
Structural transformation, economic diversification and logistics are some of the issues explored in this new book from the Asia-Pacific Research and Training Network on Trade (ARTNeT). The volume's essays use various methodologies to provide new perspectives on the region's growth and prospects. Individual chapter's focus on: trade policy in Nepal; logistics in Bangladesh and Thailand; Sri Lankan exports; and SMEs in Cambodia.
The book contains the following chapters:
I. Structural transformation and trade policy: Case of Nepal
by Paras Karel
Connectivity is a cornerstone of regional economic cooperation and integration – and has become a major priority for the countries of Asia and the Pacific, especially in the context of efforts to find new drivers of regional economic growth, and to create additional domestic and aggregate regional demand.
The Economic and Social Survey of Asia and the Pacific is the oldest and most comprehensive annual review of economic and social development in Asia and the Pacific. This flagship publication of ESCAP outlines policies to sustain dynamic growth and to make it inclusive such as unlocking fiscal space to finance higher productive government spending and enhancing regional connectivity through stronger institutional coordination across the region.
On the occasion of the 70th ESCAP Commission Session, ESCAP launched the publication, entitled “Asia and the Pacific: A story of Transformation and Resurgence”. It provides an analytical narrative of the transformation of the region, one infested with pervasive hunger and deprivation to the Asian miracle that lifted billions of human beings out of extreme poverty. It tells how the region from a periphery became the centre of gravity for the world economy.
This report has been produced as part of the Pacific Climate Change and Migration (PCCM) Project entitled, ‘Enhancing the Capacity of Pacific Island Countries to Manage the Impacts of Climate Change on Migration’. The PCCM Project is a three year project
(2013-2016) funded by the European Union and implemented by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the International Labour Organization (ILO) and the United Nations Development Programme (UNDP).
This report has been produced as part of the Pacific Climate Change and Migration (PCCM) Project entitled, ‘Enhancing the Capacity of Pacific Island Countries to Manage the Impacts of Climate Change on Migration’. The PCCM Project is a three year project (2013-2016) funded by the European Union and implemented by the United Nations Economic and Social Commission for Asia and the Pacific (ESCAP), the International Labour Organization (ILO) and the United Nations Development Programme (UNDP).
The Asia-Pacific Statistics Newsletter,Second Quarter 2014, provides information on the Network for the Coordination of Statistical Training in Asia and the Pacific; features an interview with Mr Chris Ryan, new Regional Advisor on Statistics, Statistics Division, ESCAP; announces important events and meeting; and provides update on the areas of work.