Asian Economic Integration Report 20192020 by Asian Development Bank;

Author:Asian Development Bank;
Language: eng
Format: epub
Publisher: Asian Development Bank Institute
Published: 2019-09-15T00:00:00+00:00

ADB knowledge-sharing platforms will build more effective RCI.

ADB and the CAREC Institute organized a series of trade and RCI-related activities during 2018–2019. Following the endorsement of CITA 2030, a workshop on SEZs (November 2018 in Shenzhen, PRC) emphasized their increasing potential as catalysts for industrialization and drivers of CAREC economic growth—and for Shenzhen, a test of structural reforms. Another jointly organized workshop promoted SME trade finance through cross-country learning in the CAREC region (December 2018 in Xiamen, PRC). In partnership with the Asia-Pacific Finance and Development Institute, a workshop on environmental readiness for e-commerce (December 2018 in Shanghai, PRC) showed how to promote cross-border e-commerce. ADB and the CAREC Institute will continue to work closely to enhance linkages between policies and research, initially in e-commerce regulatory framework and potentially with mutual recognition—and acceptance of paperless SPS certificates during 2019–2020. The 4th CAREC Think Tanks Development Forum (August 2019 in Xi’an, PRC) focused on Trading for Shared Prosperity, underscoring the need to bridge trade policy discussions with knowledge work.

The RKSI was jointly established by the PRC and ADB in 2012 to exchange development knowledge among ADB developing member economies.40 Drawing largely on the PRC’s experience over the past 40 years promoting economic growth and social transformation, RKSI organized 56 events (workshops, conferences, and training) benefiting some 5,000 participants from ADB developing member countries as of the end of June 2019—focusing on the four broad themes of inclusive growth, urbanization, environment and climate change, and RCI.

During 2018–2019, RKSI continued to share knowledge among DMCs. For example, in collaboration with the International Poverty Reduction Center in the PRC, RKSI organized the Sixth and Eighth ASEAN+3 Village Leaders Exchange Program, and the Twelfth and Thirteenth ASEAN-PRC Forum on Social Development and Poverty Reduction. The Village Leader Program is designed specifically to strengthen the role of village leaders in rural development and helps them learn at ground-level from successful poverty alleviation projects and initiatives. In 2018, the Sixth Program focused on human capital development through improved community development, while the Eighth Program in 2019 addressed rural industrial development, agricultural value chains, and rural tourism. Partnering with the Asia-Pacific Finance Development Institute, RKSI also supported SEZ training for ASEAN and PRC officials, sharing the PRC’s experience in using SEZs for economic development. The annual event—jointly organized with ADB’s Southeast Asia Department—more broadly discusses concepts, trends, good practices, lessons learned for SEZ design, implementation and management, and identifies avenues for cross-border e-commerce development and cooperation.

ADB also supports inter-subregional forums: EARD’s Public Management, Financial Sector, and Regional Cooperation Division partnered with both RKSI and the CAREC Institute for the inter-subregional knowledge- and experience-sharing forum on trade facilitation modernization and reform, held in October 2019, in Tbilisi, Georgia. Senior customs officials from the CAREC and South Asia Subregional Economic Cooperation (SASEC) countries worked to identify critical success factors to promote efficient and effective trade flows, resource allocation, and improved regional cooperation, while also supporting national efforts to adopt international best practices and complying with international commitments such as the WTO TFA.

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