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Welcome to E-TISNET
Monthly Information Sources
to offer you information on the
latest trade and investment publications
as well as worldwide websites relevant
to the Asia-Pacific region. E-TISNET
Monthly Information Sources is the
electronic and user-friendly version
of the former TISNET
Trade and Investment Information
Bulletin.
For enquiries and/or subscriptions, please contact us at escap-tisnet@un.org
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A. TRADE AND INVESTMENT PUBLICATIONS
2005 APEC Economic Outlook.
October 2005. Available on-line (PDF-Format,
345 pages, 18.69 Mb). APEC.
The APEC Economic Outlook is an annual report
prepared by the Asia-Pacific Economic Cooperation
(APEC). The first chapter highlights recent
developments and prospects of the APEC region
which showed strong economic growth and
continued to expand strongly after its peak
of overall real GDP growth at 4.3 per cent
in 2004. Overall APEC economic growth has
moderated over the year but is expected
to remain robust in the coming years. The
report also points out that despite the
strong economic expansion in APEC, no significant
improvements have been seen in the employment
sector. APEC economies have shown mixed
directions: fiscal consolidation is underway
in many economies in Southeast Asia, while
some economies continue tax relief measures
to support growth and some are undertaking
structural reform initiatives in the areas
of financial systems, fiscal reform, privatization,
capital market reform and more. The second
chapter deals with economic impact of terrorism
and counter-terrorism in the APEC region.
Accessed on 12 December 2005 from:
<http://www.apec.org/apec/publications.MedialibDownload.v1.html>
2005 Report to Congress on China’s
WTO Compliance by USTR. December
2005. Available on-line (PDF-Format, 101
pages, 1160 Kb). United States Trade Representative.
This report is prepared by the United States
Trade Representative (USTR) to the Congress
of the United States of America on compliance
by China with commitments made in connection
with its accession to the World Trade Organization
(WTO), including both multilateral commitments
and any bilateral commitments made to the
United States. It notes areas where progress
has been achieved and underscores shortcomings
as appropriate. It focuses on trade concerns
raised by national stakeholders, for example
businesses, workers and farmers which are
affected by specific trade mechanisms, including
as safeguards or anti-dumping cases.
Accessed on 13 December 2005 from:
<http://www.ustr.gov/assets/Document_Library/Reports_Publications/2005/asset_upload_file293_8580.pdf>
Corruption in China and Russia
compared: different legacies of central
planning. Analyzing the relationship between
growth and corruption in transition economies.
October 2005. (PDF-Format, 62 pages, 1107
Kb). Norwegian Institute for International
Affairs.
During the first decade after markets
became the major mechanisms of economic
coordination in China and the area of
the former Soviet Union (FSUA), corruption
was perceived to increase in both. At
the same time China experienced rapid
growth while most countries in FSUA experienced
steep declines. In this paper, the authors
argue that this difference is difficult
to explain with a conventional econometric
framework. Instead a case-oriented approach
with more institutional specification
is chosen. In particular, the role of
the former normative and institutional
framework of central planning is explored.
The paper describes some of the explanations
of corruption as it occurred under central
planning, including its limitations and
how they may be linked to (negative or
positive) growth mechanisms. In addition,
the post-transition data on corruption
and growth are linked to major political
characteristics at the point of transition.
Accessed on 9 December 2005 from: <http://www.nupi.no/IPS/filestore/NUPIPaper679.pdf>
FDI and growth: a causal relationship.
2005. Available on-line (PDF-Format, 12
pages, 810 Kb). United Nations University/World
Institute for Development Economics Research
(UNU/WIDER).
This paper examines the causal relationship
between Foreign Direct Investment (FDI)
and economic growth by using an econometric
methodology to study the direction of
causality between the two variables. It
examines these relationships for Chile,
Malaysia and Thailand, which are all recipients
of FDI with different macroeconomic environments,
policy regimes and growth patterns. The
paper notes that in view of the increasing
need for additional foreign capital to
achieve the Millennium Development Goals
(MDGs) by the year 2015, FDI is now becoming
quite crucial for many developing countries.
It may reduce adverse shocks to the poor
that stem from financial instability and
help to improve corporate governance and
there is clear evidence that infrastructure,
skills and macroeconomic stability are
important components for attracting FDI.
The paper concludes that economic growth
causes FDI in the case of Chile, while
for both Malaysia and Thailand, there
is a strong evidence of a bidirectional
causality between the two variables.
Accessed on 9 December 2005 from: <http://www.wider.unu.edu/publications/rps/rps2005/rp2005-25.pdf>
Foreign Insurers in China: Opportunity
and risk. 2005. Available on-line
(PDF-Format, 24 pages, 1357 Kb). KPMG/Reuters.
This report from KPMG and Reuters surveys
the risks and opportunities for foreign
companies in China’s insurance industry.
To do successful insurance business in
China requires hard work in understanding
the market, the rules, the competition,
and looking at new and innovative ways
of doing business. The life market in
particular shows signs of saturation.
However, relative to its growing global
economic importance and wealth, China
is under-insured, both in the life and
non-life sectors and still offers opportunities
for growth.
Accessed on 9 December 2005 from:
<http://www.kpmg.com.hk/en/virtual_library/Financial_services/Foreign_insurers_in_China0507.pdf>
Information Economy Report 2005.
October 2005. For Sale. Price: US$45 (Developed
countries), US$18 (Developing countries).
Available on-line (PDF-Format, 276 pages,
9917 Kb). UNCTAD.
The Information Economy Report looks at
recent events, trends and processes in
the area of information and communication
technologies (ICT) and identifies their
major implications for the economic and
social prospects of developing countries.
It provides information about the adoption
of ICT by enterprises in developing countries,
explores policy options that developing
countries might consider in order to maximize
the contribution of ICT-based business
and commerce applications to their national
development goals. It shows that, while
in some developing regions the number
of Internet users has grown substantially,
overall the gap between developed and
developing countries remains wide and
that the quality of connections is just
as important as their number. The report
also examines the impact of ICT on the
economic performance and trade competitiveness
of developing countries and argues that
there is an urgent need to explore policies
and best practices to help enterprises
use ICT to enhance their competitiveness.
Accessed on 9 December 2005 from: <http://www.unctad.org/Templates/Download.asp?docid=6479&lang=1&intItemID=3591>
Stunted and Distorted Industrialization
in Myanmar. Discussion Paper
No. 38. October 2005. Available on-line
(PDF-Format, 50 pages, 586 Kb). Institute
of Developing Economies.
This paper aims to provide a bird-eye’s
view of industrial changes in Myanmar
from the 1900s up to 2005. The paper argues
that the industrial sector showed a preliminary
development in the first half of the 1990s
due to an “open door” policy
and liberalization measures. However,
a brief period of growth failed to effect
changes in the economic fundamentals.
It is argued that the industrial sector
still suffers from poor power supplies,
limited access to imported raw materials
and machinery, exchange rate instability,
limited credit, and frequent changes of
government regulation. Furthermore, public
ownership is still high in key infrastructure
sectors, and has failed to provide sufficient
services to private industries.
Accessed on 13 December 2005 from: <http://www.ide.go.jp/English/Publish/Dp/pdf/038_kudo.pdf>
Trade interests of the tsunami
affected countries. October 2005.
Available on-line (PDF-Format, 28 pages,
144 Kb). OECD.
Since the catastrophic Tsunami hit coastal
areas around the Indian Ocean on 26 December
2004, many have suggested that trade could
be a more useful instrument to assist
the recovery of affected countries than
aid transfers alone. To probe this argument,
this paper examines the economies of the
summarizes trade measures of the EU and
United States of America which aim to
help the recovery. It is argued that,
despite even when trade measures benefit
the tsunami-affected countries overall,
they may have limitations in delivering
benefits directly to the affected people
and region.
<http://www.olis.oecd.org/olis/2005doc.nsf/43bb6130e5e86e5fc12569fa005d004c/>
The Trade and Environmental Effects
of Ecolabels: Assessment and Response.
October 2005. Available on-line (PDF-Format,
56 pages, 555 Kb) UNEP.
The paper argues that ecolabelling has become
a high-profile market-based tool for achieving
environmental objectives. It reviews ecolabelling
both as an environmental tool and as a potential
trade barrier. The literature review covers
trade and environmental effects of ecolabels.
Furthermore, it includes five case studies
of specific labels.
Accessed on 7 December 2005 from: <http://www.unep.ch/etb/publications/Ecolabelpap141005f.pdf>
Viet Nam – Business: Viet
Nam development report 2006.
November 2005. Available on-line (PDF-Format,
210 pages, 14.82 Mb). World Bank.
The paper states that business development
has been one of the main forces behind
rapid poverty reduction in Viet Nam. Together
with the redistribution of agricultural
land, and the broad coverage of social
services, it allowed a large fraction
of the population to engage in more productive
occupations and raise their living standards.
However, insufficient availability of
finance, difficulties in accessing land
and continuous gaps in infrastructure
are among the most important obstacles
identified by entrepreneurs. It is argued
that sustaining business development in
Viet Nam requires the completion of the
structural reform agenda, namely fully
developing the land market, restructuring
the financial sector, managing state assets
in a more efficient and transparent manner
and mobilizing resources for infrastructure
development. Furthermore, global integration
and domestic reforms are needed to sustain
rapid economic growth while avoiding the
accumulation of large contingent liabilities
for the government.
Accessed on 13 December 2005 from:
<http://www-wds.worldbank.org/servlet/WDSContentServer/>
What might the next emerging-market
financial crisis look like? 2005.
Available on-line (PDF-Format, 109 pages,
2837 Kb). Institute for International
Economics (IIE).
The paper is a speculative exercise in thinking
about what the next emerging-economy financial
crisis might look like. The aim of the paper
is neither to identify the one or two emerging
economies most vulnerable to a crisis today
nor to offer a probability assessment on
the likelihood of a crisis this year. The
paper instead offers some thoughts on the
following question: If a crisis affecting
a group of emerging economies were to take
place sometime over the next three years,
where would the crisis likely originate,
how could it be transmitted to other economies,
and which economies would likely be most
affected by particular transmission or contagion
mechanisms?
Accessed on 9 December 2005 from: <http://www.iie.com/publications/wp/wp05-7.pdf>
B. SELECTED WORLDWIDE WEBSITES
http://caifc.org.cn/
China Association for International
Friendly Contact
Email: caifc@caifc.org.cn
China Association for International Friendly
Contact (CAIFC) is an organization devoted
to the work of external friendly inter-exchanges.
CAIFC keeps in close and extensive contact
with governmental agencies and non-governmental
institutions in China. It pursues the aim
of promoting international non-governmental
exchanges and cooperation as well as world
peace and development. It has developed
friendly relationship with over 60 countries
and regions in the world. CAIFC maintains
extensive associations with foreign economic
sectors and business circles, actively propagates
China’s economic policies, provides
information on China’s market situation,
assists in finding business partners, and
promotes foreign investment and business
development in China. The Association also
gives assistance to the Chinese entrepreneurs
in developing international transactions.
Accessed on 7 December 2005
http://www.eu-bomca.org/
EU Border Management Programme
for Central Asia
E-mail: office@eu-bomca.org
The EU Border Management Programme for
Central Asia (BOMCA) is founded to assist
Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan,
and Uzbekistan in improving the effectiveness
of the management of their borders and
at the same time to make more open for
travel and trade. BOMCA covers five sectors
of intervention: legal and organizational
framework, human resources and training,
regional dogs training capacity, border
management at airports and model border
management in four pilot regions.
Accessed on 12 December 2005
http://www.eurasianet.org/
EurasiaNet
E-mail: jburke@eurasianet.org
EurasiaNet provides information and analysis
about political, economic, environmental
and social developments in the countries
of Central Asia and the Caucasus, as well
as the Russian Federation, the Middle
East, and Southwest Asia. The website
offers additional features, including
newsmaker interviews and book reviews.
The website presents a variety of perspectives
on contemporary developments, utilizing
a network of correspondents based both
in the West and in the region. The aim
of EurasiaNet is to promote informed decision
making among policy makers, as well as
broadening interest in the region among
the general public.
Accessed on 14 December 2005
http://www.itpcla.org/
Indonesian Trade Promotion Center
E-mail: info@itpcla.org
Indonesian Trade Promotion Centre (ITPC)
is a non-profit governmental organization
aiming to enhance the export of Indonesian
products throughout the world. ITPC programmes
of work are to organize and facilitate
seminars, one-on-one business meetings
between Indonesian exporters and North
American buyers and to arrange the possibility
of strategic alliances between Indonesian
exporters and Japanese trading companies
or distribution marketing channel. It
provides business information and opportunities
and conducts the exhibition of Indonesian
products. The Center supports Indonesian
exhibitors during exhibitions or other
related trade promotion occasions. It
helps to conduct direct marketing through
an export directory, catalogues, etc.
and supports Indonesian exporters to sell
their products.
Accessed on 12 December 2005
http://www.isiri.com/about.htm
Institute of Standards and Industrial
Research, Islamic Republic of Iran
Email: info@isiri.com
The Institute of Standards and Industrial
Research of the Islamic Republic of Iran
(ISIRI) is mandated to develop and designate
official standards for products. It determines
and formulates national standards, conducts
applied research to uplift standards level,
upgrades the quality of domestic products
and assists to achieve better production
processes. ISIRI is a member of the International
Standard Organization.
Accessed on 9 December 2005
http://www.thta.or.th/
Thai-Hong Kong Trade Association
Email : thai-hongkong@thta.or.th
The Thai-Hong Kong Trade Association (THTA)
was established to promote the development
of trade and investment between Thailand
and Hong Kong, China. The Association
aims to provide a point of exchange and
coordination to improve business and opportunity
among those engaged in trade, industry,
investment, finance and other businesses
between Thailand and Hong Kong, China.
The main objectives of the Association
are to foster effective businesses and
social relations, to offer essential business
services and relevant local information
and experience necessary to successfully
conduct business.
Accessed on 15 December 2005
http://www.eicindia.org/
The Export Inspection Council,
India
The Export Inspection Council (EIC) is
mandated to ensure a sound development
of export trade of India through quality
control and inspection as well as matters
connected thereof. Its mission is to announce
commodities which will be subject to quality
control and/or inspection prior to export,
establish standards of quality for such
announced commodities, and specify the
type of quality control and/or inspection
to be applied to such commodities. Besides
its advisory role, the Export Inspection
Council, also exercises technical and
administrative control over the five Export
Inspection Agencies (EIAs) in Channai,
Delhi, Kochi, Kolkata and Mumbai. The
council issues certification of quality
of export commodities through installation
of quality assurance systems and certification
of quality of food items for export through
installation of food safety management
system in the food processing units as
well as certificates of origin to exporters.
Accessed on 7 December 2005
http://smepdo.org/
The National Small and Medium
Sized Enterprise Promotion and Development
Office, Lao People’s Democratic
Republic
Email: info@smepdo.org
The objective of the National Small and
Medium Sized Enterprise Promotion and
Development Office (SMEPDO) of the Lao
People’s Democratic Republic is
to promote the establishment and sustainable
development of small and medium-sized
enterprises (SMEs). The website of SMEPDO
provides Lao business people with a single
access point to Government information
and services as well as other information
useful for establishing and developing
business in the country.
Accessed on 2 December 2005
http://www.tobb.org.tr/eng/index.php
The Union of Chambers and Commodities
Exchange of Turkey
Email: info@tobb.org.tr
The Union of Chambers and Commodities
Exchange of Turkey (TOBB) aims at ensuring
unity and solidarity between chambers
and commodity exchanges, facilitating
professional work of members, promoting
honesty and confidence in the relations
of members with one another and with the
general public as well as preserving professional
discipline and ethics. TOBB offers databases
such as the Commodity Exchange Database
and the Industrial Database as well as
a library, a business opportunity system
and further services.
Accessed on 13 December 2005
http://www.witsa.org/
World Information and Technology
Services Alliance
E-mail: ahalvorsen@itaa.org
The World Information Technology and Services
Alliance (WITSA) is a consortium of 67
information technology (IT) industry associations
from economies around the world. WITSA
members represent over 90 per cent of
the world IT market. As the global voice
of the IT industry, WITSA is dedicated
to advocating policies that advance the
industry’s growth and development;
facilitating international trade and investment
in IT products and services; strengthening
WITSA’s national industry associations
through the sharing of knowledge, experience,
and critical information; providing members
with a vast network of contacts in nearly
every geographic region of the world;
hosting the World Congress on IT; hosting
the Global Public Policy Conference; and
hosting the Global Information Security
Summit. WITSA has increasingly assumed
an advocacy role in international public
policy, affecting the creation of a robust
global information infrastructure.
Accessed on 2 December 2005
Information is taken mainly from secondary
sources and UNESCAP accepts no responsibility
for its accuracy. Mention of any companies
and their products does not imply endorsement
by the United Nations.
The designations
employed and the presentation of the material
in this publication do not imply the expression
of any opinion whatsoever on the part of
the Secretariat of the United Nations concerning
the legal status of any country, territory,
city or area, or of its authorities, or
concerning the delimitation of its frontiers
or boundaries.
©2005 United Nations
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