This year’s G20 summit will take place on 15-16 November 2015 in Antalya, Turkey. The Turkish presidency of the G20 laid out three priorities: strengthening the global recovery, enhancing resilience, and buttressing sustainability. To ensure inclusive and robust growth through collective action, the Turkish presidency suggested focusing on three I’s: inclusiveness, implementation, and investment for growth.
This publication examines the impact of non-tariff measures (NTMs) on trade in the Asia-Pacific region. As tariffs on traded goods have fallen on average over recent years, non-tariff measures have emerged as one of the principal obstacles to trade. In recent years there has been a proliferation of new NTMs in Asia-Pacific economies, including in developing countries. This proliferation of NTMs may be disadvantageous for developing economies in general, and least developed countries in particular.
A total 36 economies in the Asia and Pacific region are classified as Countries with Special Needs. They are home to more than a quarter of the population of the developing countries in the region, excluding China and India, but they account for less than one tenth of the GDP of that group. The Asia-Pacific Countries with Special Needs Development Report 2015 covers these countries in terms of their current social and economic status, how quickly they are progressing towards their agreed goals and aspirations, and their policy options to accelerate their progress.
Part II of the 2015 edition of the Economic and Social Survey of Asia and the Pacific (theme study for the 71st Commission Session) examines the integration of the three dimensions of sustainable development as a concept and as a practical implementation principle.
“Servicification” is most simply defined as an increased use of services in manufacturing processes. The impact of servicification on the competitiveness of the industrial sector has not been adequately addressed, especially in policy discussions, because of limited data availability. However, the OECD-WTO TiVA database now fills this gap for a selected number of economies. This brief provides information on the services content of industrial exports of these countries and offers some insights on the role of services in building trade competitiveness.
While the proposed goals and targets for the emerging Sustainable Development Goals (SDGs) have been subject to political negotiations through several stages, the international statistical community was in March 2015 entrusted with developing a set of indicators for monitoring global progress towards 2030, and guided by a continued political oversight after the post-2015 inter-governmental negotiations come to an end this September.
The factsheet provides the core information about APTA at a glance. It presents brief explanation about the features, objectives, tariff concession exchange, institutional arrangements as well as the accession procedure of APTA in order to facilitate better understanding of APTA for the countries in this region.
The 2015 edition of the Economic and Social Survey of Asia and the Pacific highlights a key message that while policy focus on economic growth is necessary, it is not sufficient for achieving development. Policymakers in the region would need to internalize the aspects of inclusive growth and sustainable development into their domestic policy frameworks.
This issue of Stats Brief will aim to introduce some of the most common methods to compute average growth rates for time series data, and illustrate the impact of applying different methods for calculating average annual growth rates for GDP per capita and exports of merchandise. Statistical literature introduces several different methods, but there are no solid recommendations on which should be used under which circumstances. However, different methods may result in substantial differences in computed average growth rates.
The Asia-Pacific Statistics Newsletter, First Quarter 2015, provides information on the outcome of the "Fourth session of the Committee on Statistics, 25-27 March 2015"; features an Interview with Ms. Aishath Shahuda, Chief Statistician, National Bureau of Statistics, Maldives and Chair of the ESCAP Committee on Statistics (CST); provides update on the areas of work; and announces important events and meetings.