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Trade Facilitation and Better Connectivity for an Inclusive Asia and Pacific

Trade Facilitation and Better Connectivity for an Inclusive Asia and Pacific
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 116
Release: 2017-09-01
Genre: Business & Economics
ISBN: 9292579347

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Trade facilitation increases trade flows, lowers trade cost, and ultimately contributes to sustainable and inclusive growth. This publication, jointly prepared by the Asian Development Bank and the United Nations Economic and Social Commission for Asia and the Pacific, reviews the state of play of trade facilitation and paperless trade in Asia and the Pacific. It investigates the evolution of trade costs in the region, examines trade facilitation and paperless trade implementation, and highlights the key initiatives and efforts in Central Asia, the Greater Mekong Subregion, South Asia, and the Pacific. It includes impact assessments of trade facilitation implementation and corridor performance on reducing trade costs and increasing trade.


Trade Facilitation for a More Inclusive and Connected Asia and Pacific Region

Trade Facilitation for a More Inclusive and Connected Asia and Pacific Region
Author: Asian Development Bank
Publisher:
Total Pages: 32
Release: 2017-07
Genre: Business & Economics
ISBN: 9789292578718

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This publication provides an overview of assessments from the 2017 global survey on trade facilitation and paperless trade in the Asia and Pacific region. The survey uses the final list of provisions included in the World Trade Organization's Trade Facilitation Agreement (WTO TFA) and the draft text of the regional United Nations (UN) treaty on cross-border paperless trade facilitation under negotiation at Economic and Social Commission for Asia and the Pacific (ESCAP). Implementation levels of 44 countries in Asia and the Pacific were calculated based on 31 trade facilitation and paperless trade measures. This study also describes trade facilitation projects that promote development through deepening regional cooperation and integration. It also discusses digital trade as a major opportunity for SMEs to better access international markets and global supply chains, giving them the chance to growth both quickly and sustainably. The progress and challenges in the regional and subregional trade facilitation efforts being made to streamline trade procedures are also presented. ADB and UNESCAP jointly prepared this publication.


Aid for Trade in Asia and the Pacific

Aid for Trade in Asia and the Pacific
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 191
Release: 2017-07-01
Genre: Business & Economics
ISBN: 9292578707

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The role of Aid for Trade (AfT) in promoting the growth and tradability of services is important, given that it is a major catalyst for inclusive economic and structural transformation. This report highlights emerging trends in AfT in the context of evolving trade performance in Asia and the Pacific. In particular, the impact of AfT on trade in services, thereby helping increase economic and job opportunities for women, and the rise of e-commerce. The report ends by considering policy implications of the experiences of geographically-challenged economies of the region along the dimensions of trade costs, AfT, trade in services, and the role of the digital economy.


Impacts of Trade Facilitation Measures on Poverty and Inclusive Growth

Impacts of Trade Facilitation Measures on Poverty and Inclusive Growth
Author: Ravi Ratnayake
Publisher: UN
Total Pages: 0
Release: 2014
Genre: Political Science
ISBN: 9789211206760

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Trade and investment are engines of growth for the Asia and the Pacific and enabled them to significantly reduce poverty during the past two decades. However, the performance of the region would have been better if the high tariff and non-tariff barriers issues could have been addressed, with the non-tariff trade cost alone accounts for at least 90% of overall trade costs. With some of the world's most dynamic economies located in the region, there is large potential for an expansion of intraregional trade and investment in Asia and the Pacific, making the whole region more resilient to external shocks. Unfortunately, many barriers prevent intraregional movement of goods and investment, affecting in particular the opportunities for small and medium-sized enterprises (SMEs) to directly participate in international trade. Removal of those barriers and deepening regional connectivity can therefore be a strong driver of growth and poverty reduction. While sufficient literature exists with regard to establishing a direct and positive correlation between trade and poverty reduction, very little study has been done on the linkages between trade facilitation and poverty reduction. This book addresses this gap and features a compilation of specific case studies that explore the linkages between a number of trade facilitation measures and poverty reduction.


Aid for Trade in Asia and the Pacific

Aid for Trade in Asia and the Pacific
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 254
Release: 2019-07-01
Genre: Political Science
ISBN: 929261665X

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This publication explores how international trade is promoting economic empowerment through the increased participation of women and micro, small, and medium-sized enterprises. It highlights the roles of services and digital connectivity in facilitating diversification and inclusive economic transformation. The report examines recent trends in aid for trade in Asia and the Pacific and how it can do more to boost inclusive growth.


New Dimensions of Connectivity in the Asia-Pacific

New Dimensions of Connectivity in the Asia-Pacific
Author: Christopher Findlay
Publisher: ANU Press
Total Pages: 276
Release: 2021-11-10
Genre: Business & Economics
ISBN: 1760464759

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There is no bigger policy agenda in the East Asian region than connectivity. Costs of international connectivity are indeed falling, in the movement of goods, services, people and data, leading to greater flows, and to the reorganisation of business and the emergence of new forms of international transactions. There are second-round effects on productivity and growth, and on equity and inclusiveness. Participating in trade across borders involves significant set-up costs and, if these costs are lowered due to falling full costs of connectivity, more firms will participate, which is a driver of productivity growth and innovation at the firm level. Connectivity investments are linked to poverty reduction, since they reduce the costs of participating in markets. This volume includes chapters on the consequences of changes in both physical and digital connectivity for trade, for the location of economic activity, for forms of doing business, the growth of e-commerce in particular, and for the delivery of new services, especially in the financial sector. A study of China’s Belt and Road Initiative (BRI) is also included. These studies are preceded by an assessment of the connectivity performance in the Asia-Pacific region and followed by a discussion of impediments to investment in projects that contribute to productivity. The collection as a whole provides the basis for a series of recommendations for regional cooperation. The Pacific Trade and Development (PAFTAD) conference series has been at the forefront of analysing challenges facing the economies of East Asia and the Pacific since its first meeting in Tokyo in January 1968.


Designing and Implementing Trade Facilitation in Asia and the Pacific 2013 Update

Designing and Implementing Trade Facilitation in Asia and the Pacific 2013 Update
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 325
Release: 2013-08-01
Genre: Business & Economics
ISBN: 929254201X

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This book guides the implementation of trade facilitation measures and reforms in Asia and the Pacific. It attempts to bridge the gaps among policy makers, practitioners, and economists by outlining operational guidance on how to assess the status of trade facilitation, what measures and reforms are necessary, and how to implement them at the national and regional levels. The reference book also provides international, regional, and national perspectives on trade facilitation.


Trade and Trade Facilitation in the Greater Mekong Subregion

Trade and Trade Facilitation in the Greater Mekong Subregion
Author: Pradeep Srivastava
Publisher: Asian Development Bank
Total Pages: 226
Release: 2012-08-01
Genre: Business & Economics
ISBN: 9290928298

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The Greater Mekong Subregion (GMS) Program, with support from the Asian Development Bank (ADB) and other development partners, has scored impressive gains in promoting regional connectivity over the past 2 decades. Efforts have also been made to strengthen institutions and policies for trade and transport facilitation to increase the impact of the regional physical infrastructure. This book, prepared under an ADB technical assistance project financed by the Australian Agency for International Development, brings together studies highlighting deeper, structural challenges to trade facilitation in the GMS, including need for governance and bureaucratic reforms, trade competitiveness, and improved alignment of the regional corridors to trade flows. Importance of greater synergy between subregional and regional platforms for trade facilitation, for example between the GMS and the Association of Southeast Asian Nations (ASEAN), is also highlighted. The analyses should be of interest to development practitioners working to improve trade and transport facilitation in the GMS, elsewhere in Asia, and in the rest of the world.


Trade Facilitation and Regional Cooperation in Asia

Trade Facilitation and Regional Cooperation in Asia
Author: Douglas H. Brooks
Publisher: Edward Elgar Publishing
Total Pages: 209
Release: 2010-01-01
Genre: Business & Economics
ISBN: 1849806527

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This book is an important contribution to the policy debate on the future of regional integration around the world, and in Asia in particular. The complex linkages between regional integration and regional cooperation, soft and hard integration, trade facilitation and regional infrastructure are all addressed competently in different chapters of this publication, which should be read by all of those concerned with the future of regional integration and cooperation in Asia. Antoni Estevadeordal, Inter-American Development Bank (IDB) As we emerge from the worst global economic setback in two generations, the momentum of Asian economies suggests that this region will redefine the geography of trade and growth even more quickly and decisively than expected. Because Asia offers the largest emerging markets, superior growth rates, and new patterns of trade diversification, this region is becoming the leading edge of the global economy for the next generation. This volume addresses the essential issues related to Asian trade and regionalism with intellectual authority and essential timeliness. Brooks and Stone have assembled leading experts, distilled evidence, and synthesized policy lessons on the salient issues and trends that will drive the world s most dynamic economic region. Their book should be a desk reference for policy-makers and leading private sector players who want to respond effectively to the momentous challenges and opportunities presented by the Asian century. David Roland-Holst, University of California, Berkeley, US This insightful book collects empirical analyses and case studies to clarify issues and draw policy recommendations for facilitating greater regional trade through increased cooperation. Asia s rapid development has been heavily dependent on markets external to the region. However, given the unlikely timely recovery of the United States or Europe there is an urgent need to develop domestic and regional markets. While greater integration has long been a regional goal, its importance has never been more pressing. To facilitate trade and promote growth and regional integration, and to counteract declining markets in other regions, Asian countries have announced large expenditures for developing infrastructure. Thus, a look at how investment in regional infrastructure promotes and supports interregional trade growth has never been timelier. While the focus is on informing policy-making in Asia, the findings also have relevance for other regions. The detailed studies in this book will be of particular interest to academic economists, policy-makers, and the broader development community.