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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
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Trade and Investment Information
Bulletin.
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A. TRADE AND INVESTMENT PUBLICATIONS
China’s FDI and non-FDI economies
and the sustainability of future high Chinese
growth. May 2006. Available online
(PDF-Format, 24 pages, 366 KB).Working Paper
12249, National Bureau of Economic Research
(NBER).
This paper assesses the contribution of
inward FDI to China’s recent rapid
economic growth. Recent econometric literature
focuses on testing whether Chinese growth
depends on inward FDI rather than measuring
the contribution. Foreign Invested Enterprises
(FIEs), often (but not exclusively) are
joint ventures between foreign companies
and Chinese enterprises and can be thought
of as forming a distinctive subpart of the
Chinese economy. These enterprises account
for over 50 per cent of China’s exports
and 60 per cent of China’s imports.
Their share in Chinese GDP has been over
20 per cent in the last two years, but they
employ only 3 per cent of the workforce,
since their average labour productivity
exceeds that of non-FIEs by around 9:1.
Their production concentrates on export
rather than the domestic market because
FIEs provide access to both distribution
systems abroad and product design for export
markets. The authors’ decomposition
results indicate that China’s FIEs
may have contributed over 40 per cent of
China’s economic growth in 2003 and
2004, and that China’s overall GDP
growth rate could have been around 3.4 percentage
points lower without this inward FDI.
Accessed on 18 July < http://papers.nber.org/papers/w12249.pdf
>
Food Security in the South Pacific
Island Countries with Special Reference
to the Fiji Islands. June 2006.
Available online (PDF-Format, 22 pages,
102 KB). United Nations University (UNU)
and World Institute for Development Economics
Research (WIDER).
This paper analyses the status of food
security in selected South Pacific Island
countries, namely Cook Islands, Fiji,
Papua New Guinea, Samoa, Solomon Islands,
Tonga and Vanuatu at the national and
household levels during the period 1991-2002.
It explains that due to narrow resource
base and production conditions, Pacific
Islands production and exports concentrate
on a few primary commodities. During recent
years import dependency for food items
has increased mainly due to a decline
in per capita food production and a rapid
rate of rural-urban migration. Currently,
export earnings can finance food imports
but earnings could fall short of the requirements
needed after the expiry of some commodity
preferential price agreements with importing
countries. The authors explain that national
food security is dependent on the continuation
of subsistence farming and tapping ocean
resources in conjunction with the on-going
commercial farming of those crops in which
Pacific Islands have a comparative advantage.
They argue that increased productivity
is crucial for improving agricultural
performance, i.e. through Government investment
in rural infrastructure, agricultural
research and extension, irrigation and
appropriate price incentives. This would
also help alleviate poverty for improvement
in economic accessibility of food by households.
The authors also argue that there is a
need to design appropriate disaster risk
management programmes to minimize any
adverse effects on the food supply.
Accessed on 10 July < http://www.wider.unu.edu/publications/rps/rps2006/rp2006-68.pdf
>
Growth and Poverty in Asia: Where
Next? June 2006. Available online
(PDF-Format, 59 pages, 560 KB). Working
Paper 267, Overseas Development Institute
(ODI).
This paper analyzes Asia in terms of achievement
of the Millennium Development Goals (MDGs)
and reviews the challenges that have been
successfully addressed in different Asian
contexts. It looks at how these lessons
might be replicated or adapted elsewhere,
how development agencies can support policy
change, and what it means for partnerships
between them and Governments in the context
of the growing stature of Asian countries.
The paper identifies six broad areas that
offer scope for new policies to accelerate
progress against achieving the MDGs: use
of resources and energy and the environmental
impact of rapid growth; private sector;
infrastructure gap; regional disparities,
poverty and exclusion; effective service
delivery for human development; and Asian-led
strategies for improving governance and
the effectiveness of State institutions.
Accessed on 10 July < http://www.odi.org.uk/publications/working_papers/WP267.pdf
>
Indian Patent Policy and Public
Health: Implications from the Japanese
Experience. March 2006. Available
online (PDF-Format, 17 pages, 284 KB).
Institute of Developing Economies (IDE).
This paper argues that the introduction
of pharmaceutical product patents in India
and other developing countries is expected
to have a significant effect on public
health and local pharmaceutical industries.
The paper draws conclusions from the historical
experience of Japan when it introduced
product patents in 1976. In Japan, strictly
defined patents and promotion of cross-licensing
were effective tools to prevent prices
from rising disproportionally while ensuring
the introduction of new drugs. While today
the global pharmaceutical market surrounding
India differs considerably from that of
the 1970’s, the Japanese experience
offers a policy option that may profitably
be considered by India today.
Accessed on 6 June < http://www.ide.go.jp/English/Publish/Dp/pdf/057_kubo.pdf
>
Institutional Quality, Infrastructure
and the Propensity to Export.
January 2006. Available online (PDF-Format,
32 pages, 206 KB). World Bank.
In this papers, the authors examine the
influence of institutions, geographic
context and infrastructure on trade. They
are interested in threshold effects, emphasizing
cases where bilateral pairs do not trade.
Matching bilateral trade and tariff data
and controlling for tariff preferences,
level of development and distance, the
authors find that infrastructure, and
to a lesser extent institutional quality,
is a significant determinant not only
of export levels, but also of the likelihood
exports will take place at all. Landlocked
countries are influenced by their geography.
The authors control for correlation between
the general level of income and infrastructure
and institutional development, focusing
on country deviations from expected institutional
and infrastructure development given their
income group. The results support the
notion that export performance, and the
propensity to take part in the trading
system at all, depend on institutional
quality and access to transport and communications
infrastructure.
Accessed on 18 July
< http://siteresources.worldbank.org/INTTRADECOSTANDFACILITATION/
>
Logistics and Time as a Trade Barrier.
June 2006. Available online (PDF-Format,
59 pages, 688 KB). Trade Policy Working
Paper No. 35, OECD.
This paper analyses the relation between
time for exports and imports, logistics
services and international trade. Time is
found not only to reduce trade volumes,
but more importantly lengthy procedures
for exports and imports reduce the probability
that firms will enter export markets for
time-sensitive products at all. Furthermore,
a broader range of products are becoming
time-sensitive following the proliferation
of modern supply chain management in manufacturing
as well as retailing. Labour-intensive products
such as clothing and consumer electronics
are increasingly time-sensitive and many
developing countries urgently need to shorten
lead time in order to stay competitive in
these sectors. The report argues that reforms
to this effect can be implemented at relatively
low cost also in low-income countries. The
study provides case studies as well as econometric
estimates of the relation between time,
logistics services and trade performance
and draws policy implications.
Accessed on 10 July
< http://miranda.sourceoecd.org/vl=19835148/cl=12/nw=1/rpsv/cgi-bin/wppdf?file=5l9ppmzpzdzq.pdf
>
Rules of Origin: Evolving Best
Practices for RTAs/FTAs. January
2006. Available online (PDF-Format, 21
pages, 340 KB). Discussion Paper Series
No. 2006-01, Philippine Institute for
Development Studies.
The paper aims to add to the understanding
of the issues and suggests a framework
to move toward the use of best practice
in rules of origin (ROO). ROO originally
designed as uncontroversial and neutral
devise for authentication and statistical
purposes, are becoming a tool in implementing
discriminatory trade policies and trade
policy instrument per se. They have become
a critical and to some extent, a “dragging
point” in the negotiation process
of recent trade agreements. The growing
relevance of ROO in trade negotiations
cannot be overemphasized. The paper begins
with the definition that has been adopted
and traces the developments in the use
of ROO. It looks at ROO within the context
of multilateral ROO and the preferential
ROO in regional or bilateral FTAs. Different
types of ROO with some illustration from
existing RTA are also presented. The paper
also focuses on some recurring ROO issues
and presents some suggestions for a framework
for ROO best practices which is characterized
by transparency, predictability, neutrality,
and non-discrimination and with the added
dimension of being development-friendly.
Accessed on 18 July < http://dirp4.pids.gov.ph/ris/dps/pidsdps0601.pdf
>
Sustainability Report 2005 -
Working towards a sustainable future.
June 2006. Available online (PDF-Format,
80 pages, 2.1 MB). European Bank for Reconstruction
and Development (EBRD).
The Sustainability Report 2005 takes an
in-depth look at the impact of EBRD activities
on the people and the environment in the
countries where the bank operates. It
also looks at internal operations. This
year’s report has a special focus
on energy, covering the development of
the EBRD’s new Energy Policy and
the bank’s activities across the
energy sector. It also focuses on issues
of transparency and accountability. Case
studies dotted throughout the report provide
an insight into how the bank takes account
of environmental and social issues when
considering whether to finance new projects.
Accessed on 18 July < http://www.ebrd.org/pubs/general/6597.pdf
>
Trade on Human Terms: Transforming
Trade for Human Development in Asia and
the Pacific. July 2006. Available
online (PDF-Format, 160 pages). UNDP.
This Asia-Pacific human development report,
first in a new annual series focusing
on critical development issues in the
Asian and Pacific region, is the product
of an extensive consultation process with
experts from very different walks of life,
including scholars, Government officials,
representatives of non-government organizations,
civil society and the private sector.
It puts forward an ambitious eight-point
agenda for national Governments to make
trade work more for the poor. The eight
key recommendations are to invest for
competitiveness, to adopt strategic trade
policies, to restore a focus on agriculture,
to combat jobless growth, to prepare a
new tax regime, to maintain stable and
realistic exchange rates, to persist with
multilateralism and to cooperate with
.
Accessed on 18 July < http://www.undprcc.lk/rdhr2006/rdhr2006_report.asp
>
The use of flexibilities in TRIPS
by developing countries: can they promote
access to medicines? April 2006.
Available online (PDF-Format, 217 pages,
1.36 MB). South Centre and World Health
Organization.
This study was commissioned to examine
the extent to which the flexibilities
contained in the World Trade Organization
(WTO) Agreement on Trade-Related Aspects
of Intellectual Property Rights (TRIPS)
have been incorporated into the legislation
of developing countries and the extent
of the actual use for public health purposes;
to review the stated trade policies of
major industrialized countries, particularly
the United States and the European Union
in order to determine whether they take
adequate account of the public health
priorities of developing countries; and
to examine the practical effect and implications
of recently concluded bilateral and regional
free trade agreements (FTAs) for public
health protection in developing countries.
Overall, the study finds that the use
of TRIPS flexibilities can promote access
to medicines in developing countries.
Most developing countries whose laws and
practices were reviewed have incorporated
one or more of the TRIPS flexibilities
and there has been increasing usage of
these flexibilities such as compulsory
licensing for public health purposes.
However, the authors argue that there
remain important gaps both in terms of
incorporation and usage of flexibilities,
which would need to be addressed if the
TRIPS flexibilities were to be used effectively
across the developing world.
Accessed on 18 July
< http://www.southcentre.org/publications/SouthPerspectiveSeries/
>
B. SELECTED WORLDWIDE WEBSITES
http://www.unescap.org/icstd/applications/apcict.asp
Asian and Pacific Training Centre
for Information and Communication Technology
for Development (APCICT)
E-mail: escap-icstd@un.org
The Asian and Pacific Training Centre for
Information and Communication Technology
for Development was established on 16 June
2006 by the United Nations Economic and
Social Commission for Asia and the Pacific
(UNESCAP). The mission of APCICT is to contribute
to bridging the digital divide through providing
training to policy makers, information and
communication technology (ICT) professionals
and trainers as well as to sharing the Republic
of Korea’s good practices in the area
of ICT development with member countries.
It works towards enhancing knowledge and
skills in ICT for policy-makers, ICT professionals
and ICT project managers; enhancing the
capacity of ICT trainers and ICT training
institutions by providing training-of-trainers
programmes and exchange of trainers and
experts; providing advisory services on
human resources development programmes to
Member and associate Members; and undertaking
analytical studies related to human resources
development in ICT, including identifying
training needs and sharing best practices
on human resources development programme
and training methods.
http://www.abs.org.sg
Association of Banks in Singapore
(ABS)
E-mail: banks@abs.org.sg
The Association of Banks in Singapore
plays an active role in promoting and
representing the interests of the banking
community in Singapore. It works closely
with the authorities in supporting their
role in developing and maintaining a sound
financial system. ABS provides input for
legislation and guidelines relating to
the industry, and helps establish common
ground for member banks to reconcile differing
opinions and support projects of mutual
benefit. It liaises with a number of institutions
and trade associations which use banking
and financial services extensively. ABS
offers publications for both the public
and banks; as well as consumer information,
e.g. a code of consumer banking practice
that crystallizes the minimum standards
of service that the consumer can expect
when dealing with a bank.
http://www.codexalimentarius.net/web/index_en.jsp
Codex Alimentarius Commission
E-mail: Codex@fao.org
The Codex Alimentarius Commission was
created in 1963 by the United Nations
Food and Agricultural Organization (FAO)
and the World Health Organization (WHO)
to develop food standards, guidelines
and related texts. The main purposes of
this programme are protecting health of
the consumers and ensuring fair trade
practices in the food trade, and promoting
coordination of all food standards work
undertaken by international governmental
and non-governmental organizations. The
website offers detailed information about
the Codex, access to various other official
standards as well as publications, reports
of meetings, news, etc.
http://www.investinturkey.gov.tr
General Directorate for Foreign
Investment (GDFI), Turkey
The General Directorate for Foreign Investment
is an agency of the Undersecretariat for
Treasury under the Ministry of State in
Charge of Economy. It is mainly responsible
for formulating and implementing Turkey’s
FDI policy, carrying out tasks such as
to guide and assist foreign investors;
to provide foreign investors data and
information on the business climate; to
process foreign investors’ applications
for investment incentives and issue incentive
certificates for eligible projects, to
keep record of FDI inflows to Turkey,
and to conduct FDI-related international
relations of Turkey at bilateral and multilateral
platforms. The website offers information
on doing business in Turkey, relevant
business legislation, living in Turkey,
investor services, investment climate
reforms and more.
Accessed on 30 June
http://www.grain.org/
GRAIN
E-mail: grain@grain.org
GRAIN is an international non-governmental
organization which promotes the sustainable
management and use of agricultural biodiversity
based on people's control over genetic
resources and local knowledge. GRAIN works
to meet its aims by working towards protecting
and strengthening community control of
agricultural biodiversity; promoting agriculture
rich in biodiversity; and stopping the
destruction of genetic diversity. The
website offers access to publications,
research, news and topics.
Accessed on 30 June
http://www.tdctrade.com
Hong Kong Trade Development Council
(TDC)
E-mail: hktdc@tdc.org.hk
The Hong Kong Trade Development Council
is the global marketing arm and public
service hub for Hong Kong, China-based
manufacturers, traders and service exporters.
TDC’s mission is to create and facilitate
opportunities in international trade for
companies based in Hong Kong, China, especially
small and medium-sized enterprises (SMEs);
and to promote a positive image of Hong
Kong, China. TDC works to develop and
diversify markets for Hong Kong, China
companies; promote Hong Kong, China’s
products and services in world markets;
Promote Hong Kong, China’s role
as an international business hub for services
and information; enhance Hong Kong, China’s
position as an international business
city of China; and to enhance Hong Kong,
China’s standing as a partner and
platform for global business and supporter
of free trade. The website features small
business resources, market intelligence,
trade opportunities, trade events as well
as industry-specific information.
http://www.mrcmekong.org/
Mekong River Commission (MRC)
E-mail: mrcs@mrcmekong.org
The Mekong River Commission was established
in 1995 by Cambodia, Lao People’s
Democratic Republic, Thailand and Viet
Nam to jointly manage shared water resources
and develop the economic potential of
the river. MRC aims to ensure reasonable
and equitable use of the Mekong River
System, through a participatory process
with national Mekong committees in each
country to develop procedures for water
utilization. The MRC is also involved
in fisheries management, promotion of
safe navigation, irrigated agriculture,
watershed management, environment monitoring,
flood management and exploring hydropower
options.
Accessed on 30 June
http://www.nafed.go.id
National Agency for Export Development
(NAFED), Indonesia
The National Agency for Export Development
was set up in 1971 as a special service
agency of the Ministry of Industry and
Trade. NAFED’s Mission is to formulate
policy and establish guidelines for encouraging
and supporting the expansion of non-oil
and gas exports; to provide information
services and market coordination; to implement
and coordinate export promotion; and to
expand the range of export products and
markets. The website offers news, information
on trade promotion, trade leads, exporter
and importer profiles, a discussion forum,
trade statistics, information on regulations
and investment, commodity prices, links
and more.
http://www.ocosec.org/index.htm
Oceania Customs Organization (OCO)
E-mail: marc.jannier@ocosec.org
The Oceania Customs Organization brings
together twenty-three Customs administrations
of American Samoa, Australia, Cook Islands,
Federated States of Micronesia, Fiji,
French Polynesia, Guam, Kiribati, Marshall
Islands, Nauru, New Caledonia, New Zealand,
Niue, Norfolk Island, Northern Marianas
Islands, Palau, Papua New Guinea, Samoa,
Solomon Islands, Tonga, Tuvalu, Vanuatu
and Wallis et Futuna. The mission of OCO
is to promote efficiency and effectiveness
in all aspects of Customs administration
in Oceania, with particular emphasis on
the needs of developing administrations.
It fosters harmonization, cooperation
and assistance between its Members on
Customs administration matters and ensure
that their interests and concerns are
projected effectively to Governments,
non-government organizations and the private
sector. Key focus areas of OCO are trade
facilitation and revenue collection; law
enforcement; human resource development;
and communication and representation.
http://www.wbcsd.org
World Business Council for Sustainable
Development (WBCSD)
E-mail: info@wbcsd.org
The World Business Council for Sustainable
Development (WBCSD) brings together some
180 international companies in a shared
commitment to sustainable development
through economic growth, ecological balance
and social progress. Members are drawn
from more than 30 countries and 20 major
industrial sectors. WBCSD’s mission
is to provide business leadership as a
catalyst for change toward sustainable
development and to support the business
to operate, innovate and grow in a world
increasingly shaped by sustainable development
issues. The website offers information
on a wide range of topics, e.g. eco-efficiency,
financial sector, innovation and technology,
and corporate social responsibility. Further,
the website gives access to news, research,
publications, case studies and much more.
Accessed on 30 June
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.
©2006 United Nations
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