A. TRADE AND INVESTMENT PUBLICATIONS
Asia-Pacific Regional Outlook –
September 2005. Available on-line
(PDF-Format, 72 Pages, 1.45 Mb). IMF.
The report states that Asia’s economic
performance in recent years has been impressive.
Despite considerable obstacles, including
the legacy of the 1997-1998 crisis, and
more recently surging oil prices, Asia’s
economic growth has been the fastest amongst
the major regions in the world. Asia accounted
for nearly half of the world economic growth.
Inflation in the region has remained low
and the external position strong. The report
identifies favourable outlook of Asian economies
together with risks and challenges it had
to face in future years.
Accessed on 30 November 2005 from: <
http://www.imf.org/external/np/pp/eng/2005/092705.pdf
>
Asia’s Long-term Growth
and Integration: Reaching beyond Trade
Policy Barriers. September 2005.
Economics and Research Department (ERD)
Policy Brief Series No. 38. Available
on-line (PDF-Format, 10 pages, 318 Kb).
ADB.
The policy brief reports assessments of
the potential benefits of reducing international
trade costs in the region. As regional
trade costs fall and intraregional trade
and investment increase, a trilateral
pattern is likely to emerge, with Southeast
Asia acting as a growth bridge, facilitating
trade between the economies of South and
East Asia. Even Asian economies with low
initial trade costs, such as the newly
industrialized countries, are poised to
benefit from the growth and greater trade
of their neighbors.
Accessed on 20 November 2005 from:
<
http://www.adb.org/Documents/EDRC/Policy_Briefs/PB038.pdf
>
China in a Globalizing World.
September 2005. For Sale. Price: US$20.
Available on-line (PDF-Format, 198 pages,
1462 Kb). UNCTAD.
The paper analyses the macroeconomic reasons
for the Chinese boom since the mid-1990s.
It is argued that the stable growth performance
of China would not have been possible
without the strategy of unilaterally fixing
the exchange rate, which has been implemented
since 1994. This strategy was successful
because it was accompanied by a reform
of the wage-setting regime in the mid-1990s,
a heterodox macroeconomic demand management
that has addressed the country’s
needs and a rather closed capital account.
This arrangement has made it possible
for China to both master the challenges
of globalization and modernize the domestic
economy at the same time. Without this
macroeconomic complement to favorable
microeconomic conditions, it is argued,
the stable and vigorous growth of the
past decade would not have been possible.
Accessed on 15 November 2005 from: <
http://www.unctad.org/en/docs/gdsmdpb20051_en.pdf
>
East Asia Update – Countering
Global Shocks. November 2005.
Available on-line (PDF-Format, 80 pages,
2.3 Mb). World Bank.
The latest report in the series states
that emerging East Asia grew at just over
6 per cent in 2005 as the region's economies
countered a series of threats, including
rising oil prices and interest rates,
the high-tech slowdown, the end of preferential
export quotas for garments and the Avian
flu, which is endemic in the poultry flocks
of many East Asian countries. Looking
forward, much now depends on progress
that members are able to make at the upcoming
WTO Ministerial in Hong Kong, Province
of China, on 13-18 December 2005, so as
to achieve a successful conclusion to
the Doha Round of multilateral talks.
The Special Focus in this Update on “What
can East Asia Expect from the Doha Development
Round?” looks in more detail at
the issues at stake for the region.
Accessed on 15 November 2005 from:
< http://siteresources.worldbank.org/INTEAPHALFYEARLYUPDATE/Resources/EAP-Brief-final-full.pdf
>
Follow up Study Impact of APEC
Investment, Liberalisation and Facilitation,
2005. November 2005. For Sale.
Price: US$20. Available on-line (PDF-Format,
65 pages, 943 Mb). APEC
This study aims to analyze the economic
effects of investment liberalization and
facilitation in a quantitative manner.
The key element for the follow-up study
is updating the quantification of investment
barriers through improvements in the comprehensiveness
and consistency of the information in
the Individual Action Plan (IAP). The
main findings of the study are that all
member economies will benefit from investment
liberalization. Those benefits will be
larger for economies with steeper investment
barriers, although this is dependent on
internal and external Foreign Investment
Stock prior to investment liberalization.
Furthermore, the growth in FDI spurred
by investment liberalization will have
a complementary relationship with import
and exports trade volume, of which will
grow as a result of investment liberalization.
Accessed on 30 November 2005 from:
<http://www.apec.org/apec/publications.MedialibDownload.v1.html>
Integrated Assessment of the Impact
of Trade Liberalization: Country Studies
on the Rice Sector in China. 2005.
Available on-line (PDF-Format, 152 pages,
1.83 Mb). UNEP
The report states that China has undergone
a series of market-oriented reforms that
have resulted in China’s dramatic
economic growth in all sectors. China’s
foreign trade market has opened up and its
WTO membership will require trade-policy
adjustments in line with WTO rules. China
has agreed to reduce tariff rates, limit
its domestic support farmers and eliminate
agricultural export subsidies. All these
changes related to trade liberalization
will have an impact on China’s rice
sector. Faced with new opportunities and
challenges in trade liberalization, China’s
rice sector may benefit from a larger foreign
market and an increase in technology transmission.
However, it could also face more intensive
competition from the world rice market.
This study identifies the positive and negative
impacts of trade liberalization, enhance
the country’s understanding of the
implications of multilateral trade rules,
and improve its negotiating capacity.
Accessed on 29 November 2005 from: <
http://www.unep.ch/etb/publications/chinois_int.pdf
>
Islamic Capital Market Products
– Development and Challenges.
2005. For Sale. Price: US$5.00. Available
on-line (PDF-Format, 101 pages, 402.62
Kb). Islamic Development Bank.
The paper focuses on the state of equity
and stable income products in Islamic
capital markets. It surveys the size of
the markets for stocks and loan agreements
of Bahrain, Malaysia, Pakistan, and Sudan
and highlights the issues in their development.
This is done with the purpose to understand
how to enhance the proportion of Islamic
products in the capital markets of the
Islamic Development Bank member countries.
Accessed on 29 November 2005 from: <
http://irtipms.iskandertech.com/OpenSave.asp?pub=213.pdf
>
The Cost and Benefits of Trade
Facilitation. October 2005. Available
on-line (PDF-Format, 8 pages, 8,492 bytes).
OECD.
The report states that steady increase
in trade volumes and complexity have significantly
changed the operating environment for
the international trading community. They
have also highlighted the negative impact
of efficient border procedures on government
as a whole. The report stated that benefits
from more efficient customs procedures
could be as high as those from reducing
tariffs. This is a problem for all trading
nations and trade facilitation is a key
element of the Doha Development Agenda
for multilateral trade negotiations at
the World Trade Organization. Reductions
in the cost of trade transactions would
have a positive impact on trade for both
the developed and the developing world.
The report looks at the benefits that
can be generated by trade facilitation,
as well as the costs and challenges of
achieving it, so as to make sure that
countries can fully reap the gains of
further multilateral trade liberation.
Accessed on 30 November 2005 from:<
http://www.oecd.org/dataoecd/58/25/35459690.pdf
>
Trade, Micro and Small Enterprises
and Global Value Chains. 2005.
Available on-line (PDF-Format, 56 Pages,
490 Kb). USAID.
The paper aims to provide readers with
a rationale for implementing trade-related
projects that help integrate micro and
small enterprises into global value chains
and to highlight some effective strategies
to do so. The strategies discussed in
this paper are expected to help development
projects to better contribute to broad-based
economic growth associated with deeper
linkages and an increased capacity on
the part of developing countries to both
respond to and benefit from trade opportunities.
Accessed on 28 November 2005 from:
< http://www.seepnetwork.org/files/3010_file_MicroReport_25_USAID_DAI_Goldmark.pdf
>
Where Are We in the Doha Round. August
2005. Available on-line (PDF-Format, 12
pages, 1.45 Mb). International Institute
for Sustainable Development.
The publication presents a picture of
Doha Round negotiation in brief with its
birth, its nature, present status of the
negotiation in agriculture, non-agricultural
market access, services and development
with a view that the Doha Round negotiation
might not result in “development”.
The paper states that the core of the
Doha Round revolves around agriculture.
Progress on every other topic on the negotiating
table depends on real progress in respect
of this central goal. Agriculture is the
last major frontier for trade liberalization,
and it is in liberalizing agriculture
that the greatest economic gains are to
be found. In exchange for concessions
in agriculture, the richer countries are
seeking market access for their services
and for their industrial goods. For the
developing countries the demand is for
restrictions on dumping of agricultural
commodities and abuse of subsidies, and
real development benefits from trade,
especially for those who are unlikely
to gain much from agricultural openness.
The authors argue that Doha negotiation
has too many undecided fundamentals and
the gulf between the parties on key issues
is still very wide.
Accessed on 30 November 2005 from: <
http://www.iisd.org/pdf/2005/trade_doha_status.pdf
>
B. SELECTED WORLDWIDE WEBSITES
http://www.citcsa.org.au/
Council for International Trade
and Commerce South Australia, Inc.
Email: trade@citcsa.org.au
The Council for International Trade and
Commerce South Australia, Inc. (CITCSA)
acts as the catalyst for increased international
trade and investment for South Australia.
The Council mentors and supports the CITCSA
membership of South Australia's ethnic business
chambers and councils in their development
of sustainable export markets, inward investment
and bilateral cultural relationships. It
also builds and consolidates the CITCSA
profile so that it recognized and respected
as the principal council for South Australia's
ethnic business chambers and councils.
Accessed on 30 November 2005
http://www.gbd.org/
Global Business Dialogue on Electronic-commerce
Email: secretariat@gbde.org
The Global Business Dialogue on Electronic
(GBDe) is a worldwide, private sector-led
business initiative to assist the development
of a global policy framework for the emerging
online economy. The GBDe has provided
specific recommendations on key areas
of e-commerce policy, such as broadband,
consumer confidence, cyber security, intellectual
property rights, spam and electronic payments
every year. The efforts of the GBDe were
recognized in 2002 by the "Brussels
Declaration", signed by representatives
of 10 Governments (Canada, Denmark, Egypt,
European Commission, Germany, Japan, Spain,
Sweden, the United Kingdom of Great Britain
and Northern Ireland and the United States
of America) supporting the ongoing work
of the GBDe and encouraging greater dialogue
and cooperation with other organizations.
Accessed on 28 November 2005
http://www.irti.org/
Islamic Research and Training
Institute
Email: maljarhi@isdb.org.sa
Islamic Research and Training Institute
(IRTI) is member of the Islamic Development
Bank Group. The purpose of IRTI is to
undertake research for enabling the economic,
financial and banking activities in Muslim
countries to conform to Shari'ah (religion
way) and to extend training facilities
to personnel engaged in economic development
activities in the Bank's member countries.
IRTI has been assigned to organize and
conduct basic and applied research with
a view to developing models and methods
for the application of Shari'ah in the
field of economics, finance and banking;
to provide for the training and development
of professional personnel in Islamic economics
to meet the needs of research and Shari'ah-observing
agencies; to train personnel engaged in
development activities in the Bank's member
countries; to establish an information
center to collect, systematize and disseminate
information in fields related to its activities
and to undertake any other activities
which may advance its purpose.
Accessed on 29 November 2005
http://english.mofe.go.kr/index.html
Ministry of Finance and Economy,
Republic of Korea
Email: fppr@mofe.go.kr
The Ministry of Finance and Economy (MOFE)
is committed to ensuring macroeconomic
stability and a fair and transparent market
economy. MOFE is responsible for a variety
of policies involving medium to long term
economic and social development policies,
including taxation, finance, national
treasury, and state-owned properties.
Another important dimension of MOFE work
includes foreign exchange and debt, external
economic cooperation, and stabilizing
the livelihoods of the Korean people.
Accessed on 1 November 2005
http://www.neac.gov.my/
National Economic Action Council,
Malaysia
The National Economic Action Council of
the Malaysian Government was founded to
tackle crisis and manage economic issues
to enhance economic growth and ensure
continued stability and prosperity of
the country. It’s objective is to
analyze and propose measures in tackling
crisis and strategic issues for the government;
provide accurate and relevant input to
boost Malaysia’s competitiveness;
coordinate actions for decisions yet to
be implemented, especially in ‘cross-cutting
issues’; provide platforms for discussions
and consultations among the government,
academicians, private sectors, students
leaders and NGOs on a periodical basis;
to identify and propose new sources of
growth to enhance economic growth and
to disseminate information to the public
during any crisis.
Accessed on 29 November 2005
http://www.sme.wethai.com/home.html
Office of Small and Medium Enterprise
Promotion of Thailand
The Office of Small and Medium Enterprises
Promotion (OSMEP) is a government agency
under the supervision of the Board of
Small and Medium Enterprises Promotion.
The mission of the office is to establish
criteria to characterize small and medium
enterprises in accordance with social
and economic environment; define categories
and sizes of SMEs to be promoted; propose
promotional policy and plans; cooperate
with other public offices, government
organizations, state enterprises and relevant
private organizations in the formulation
of policies and action plans for SMEs
promotion; prepare SMEs studies and nationwide
SMEs status quo reports; propose to the
Board of SMEs Promotion amendments of
laws, and to stipulate new legislation,
amendments to improve conditions laid
down in laws and regulations concerning
SMEs promotion.
Accessed on 28 November 2005
http://www.pprc.kz/
Public Policy Research Center,
Kazakhstan
Email: info@pprc.kz
Public Policy Research Center (PPRC) is
a non-government organization operating
in Kazakhstan. The Center’s mission
is to assist in introducing concepts and
procedures for public policy in Kazakhstan;
conduct independent surveys; work out
alternative solutions to existing problems
by organizing public forums; provide information
from all parties involved – government,
society, international organizations;
assist in creating a socio-political environment
in Kazakhstan, favorable to democratic
reforms; and create a training center
to become a source of reference on issues
of public policy in Kazakhstan and Central
Asia.
Accessed on 1 November 2005
http://www.pseb.org.pk/
The Pakistan Software Export Board
(PSEB)
E-mail: info@pseb.org.pk
The Pakistan Software Export Board (PSEB)
is a government entity with the objectives
to develop the domestic market; formulate
policies and developing sound infrastructure
with the support of the Ministry of Information
Technology and Telecommunications; facilitate
business development by identifying new
market opportunities and promote them
at national and international exhibitions
and events; expand existing opportunities
for education and employment in the IT/ITeS
sector; lead research and development
activities within various segments of
the industry and maintaining a comprehensive
information bank of industry-related activities
and to facilitate mergers and acquisition
activities to further strengthen and prepare
the Pakistani IT/ITeS industry to face
international competition.
Accessed on 29 November 2005
http://www.trade-asia.org/
Trade Asia
Email: info@InWEnt.org
TRADE ASIA is a German Government financed
programme comprising a number of trading
projects in India, Indonesia, the Philippines
and Viet Nam. It concentrates on entrepreneurial
networking, cross-cultural issues, social
standards, capacity building of intermediaries
in the field of sustainable management
systems, export training and promotion,
and making of business contacts. Trade
Asia is to be allocated to "Economic
Reform and Build-up of Market Economy"
(WIRAM), a sectorial focal point of the
German Federal Ministry for Economic Cooperation
and Development (BMZ).
Accessed on 28 November 2005
http://www.tfalliance.org/
Trade Facilitation Alliance (TFA)
The Trade Facilitation Alliance (TFA)
is a private-sector initiative committed
to simplifying and harmonizing the regulation
of cross-border trade, including customs
procedures. The TFA works with the international
business community to ensure that negotiations
on trade facilitation in the WTO Doha
Round and in regional trading arrangements
develop concrete rules to improve the
efficiency of international commercial
transactions. The TFA aims to advance
trade facilitation in multilateral, regional
and bilateral negotiations, in particular
the Doha Round of WTO negotiations where
the trade facilitation agenda has met
resistance; develop the substance of trade
facilitation rules that would reduce impediments
to cross-border transactions; create support
for trade facilitation within a diverse
range of countries through their private
industries; and build on the existing
efforts of other organizations dedicated
to trade facilitation, and coordinate
with these organizations.
Accessed on 30 November 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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