Globalization GLOBALIZATION REGIONAL TABLES. Introduction. Key Trends. Key Indicators for Asia and the Pacific 2009
|
|
- Homer Allen
- 5 years ago
- Views:
Transcription
1 GLOBALIZATION 217 Globalization The People s Republic of China (PRC) has by far the biggest share of merchandise exports in the region and has replaced Japan as the top exporter. The largest part of Asia s external trade is within the region. Trade with Europe and North and Central America accounts for much smaller shares of both imports and exports. Much of intra-asian trade now consists of trade in parts and components. Migrant workers remittances have risen more than sixfold since the mid-1990s with most of them going to the five most populous countries and the Philippines. Net inflows of foreign direct investment have also increased significantly over the last decade but over 80% goes to just six countries, including the PRC and India. A number of economies experienced a fall in net inflows of foreign direct investment in REGIONAL TABLES Introduction The statistics in this theme illustrate the extent of globalization in the Asia and Pacific region. Globalization means the growing freedom to move goods and services across borders and for migrants to work abroad while remitting a part of their incomes to their families at home. Finally, globalization means fewer restrictions on capital flows between countries. The tables show the size and direction of merchandise trade, the current account balance, migrant workers remittances, official and private capital flows, international reserves, and external indebtedness. Key Trends The People s Republic of China becomes the region s top exporter. Figure 4.1a and Figure 4.1b show how the shares of merchandise exports from the Asia and Pacific region have changed from 1995 to It covers the 11 largest trading economies that together account for more than 90% of total exports in the region. The most striking feature is that by 2008, the PRC had replaced Japan as the top exporter. It is interesting to note that despite its size, India is still a minor exporter on a par with Thailand but well behind two much smaller-sized economies, Australia and Malaysia. India has however increased its share of the region s exports from 2.3% in 1995 to 3.7% in Figure 4.1a Percentage Distribution of Merchandise Exports, 1995 Malaysia 5.1 Australia 3.7 Thailand 3.9 Taipei,China 7.7 Singapore 8.1 Indonesia 3.1 Korea, Rep. of 8.6 Source: Derived from Table 4.8. India 2.3 Others 5.1 Japan 30.4 Hong Kong, China, 11.9 China, People's Rep. of 10.2 Figure 4.1b Percentage Distribution of Merchandise Exports, 2008 China, People's Rep. of 29.8 Japan 16.4 Korea, Rep. of 8.8 Source: Derived from Table 4.8. Others 6.8 Indonesia 2.9 Thailand 3.7 India 3.7 Australia 3.9 Malaysia 4.2 Taipei,China 5.3 Singapore 7.0 Hong Kong, China 7.6 Asia s trade is mainly within Asia. The destinations of merchandise exports are shown in Figure 4.2a for 14 major exporters. Other Asian economies are by far the biggest export market for all economies except Kazakhstan, with nearly 60% of its exports (mainly petroleum products) going to Europe. The origin of merchandise imports shows a similar pattern, i.e., for most major importers, other Asian economies are the dominant source (Figure 4.2b).
2 218 GLOBALIZATION Figure 4.2a Destination of Merchandise Exports, 2008 (percent) Australia China, People's Rep. of Hong Kong, China India Indonesia Japan Kazakhstan Korea, Rep. of Malaysia Philippines Singapore Taipei,China Thailand Viet Nam Asia Europe North and Central America Source: Table Although the shares of Asia s direct trade with Europe and America are relatively low, Asia remains highly dependent on exports to the developed world. Much of the trade within Asia consists of trade in parts and components that are incorporated into finished goods destined for markets in Europe and America. As shown in Figure 4.3, the combined shares of parts and components in the exports of machinery and transport equipment and total exports to Asia of selected major exporters PRC; Hong Kong, China; India; Indonesia; Japan; Republic of Korea; Malaysia; Philippines; Singapore; and Thailand have increased from 1995 to Figure 4.3 Percentage Share of Selected Parts and Components in Total Exports of Selected Major Exporters in Asia, 1995 and 2007 Share in total exports of machinery and transport equipment to Asia Share in total exports to Asia Source: Derived from United Nations Commodity Trade Database (UNSD 2009). Figure 4.2b Origin of Merchandise Imports, 2008 (percent) Australia China, People's Rep. of Hong Kong, China India Indonesia Japan Kazakhstan Korea, Rep. of Malaysia Philippines Singapore Taipei,China Thailand Viet Nam Migrant workers remittances are a vital and growing source of income. Migrant workers remittances consist of earnings of persons who work abroad for only a few months in the year, transfers of capital when people change their country of residence, and money sent back to their home countries by migrants working abroad for several years at a time. The last of these is by far the largest component and for simplicity all three kinds of transfers are referred to here as migrant workers remittances. Migrant workers remittances form an important source of income for many Asian countries and Table 4.4 shows that they have grown more than sixfold since the mid-1990s. Figure 4.4 shows the dollar value of remittances for the 20 countries that currently receive over 95% of total remittances to the region. Philippines and the five most populous countries receive the bulk of these Source: Table Asia Europe North and Central America
3 GLOBALIZATION 219 Migrant workers remittances in India surged in 2008, partly because of a weakening Rupee and widening differentials between domestic and international interest rates. For the 20 economies in Figure 4.4, remittances rose sharply by 30.6% in 2007 before slowing down to 26.6% in Migrant workers remittances are highly dependent on economic conditions in Europe, North America, and the Middle-East. The current economic recession in many of these countries suggests that remittances to the Asia and Pacific region will level off or decline in the immediate future. The World Bank has forecast a global reduction in migrant workers remittances to all developing countries of 7.3% in 2009 compared with those in Figure 4.4 Migrant Workers Remittances, 2006, 2007, and 2008 (US$ billion) India China, People's Rep. of Philippines Most economies have sound balance of payments. The current account balance is the difference between a country s current receipts from abroad and its current payments to foreigners. Current receipts and payments come from exports and imports of goods and services, remittances by migrant workers, interest, and dividends. A positive current account balance is used to repay foreign debt or acquire foreign assets while a negative balance is financed by liquidating foreign assets or by borrowing from abroad. Figure 4.5 shows large positive current account balances as a percentage of GDP in Azerbaijan, Brunei Darussalam, Malaysia, Singapore, and Uzbekistan. These economies were net capital exporters lending abroad more than they borrowed. Fiji Islands, Georgia, Maldives, and Federated States of Micronesia reported quite large deficits but the majority of countries do not face current account deficit to GDP ratios that are high enough to cause exchange rate depreciation, capital flight and, more generally, macroeconomic instability. REGIONAL TABLES Bangladesh Indonesia Pakistan Viet Nam Australia Sri Lanka Nepal Malaysia Korea, Rep. of Japan Thailand Tajikistan Azerbaijan Armenia Kyrgyz Republic New Zealand Georgia Source: Derived from Table 4.4. Figure 4.5 Current Account Balance as a Percentage of GDP, Average of Latest Three Years Brunei Darussalam Azerbaijan Singapore Uzbekistan Malaysia Hong Kong, China China, People's Rep. of Taipei,China Papua New Guinea Philippines Japan Thailand Lao PDR Indonesia Nepal Bangladesh Mongolia Korea, Rep. of Source: Derived from Table 4.3. India Kazakhstan Afghanistan Marshall Islands Cambodia Palau Tajikistan Australia Kiribati Pakistan Sri Lanka Armenia Vanuatu Bhutan Viet Nam New Zealand Tonga Kyrgyz Republic Samoa Solomon Islands Fiji Islands Micronesia, Fed. States of Georgia Maldives
4 220 GLOBALIZATION Foreign direct investment is a boon for some. Foreign direct investment (FDI) is defined as a financial investment made abroad with the purpose of acquiring significant influence or outright control over a foreign enterprise. It may involve establishing a new company abroad or investing in an existing enterprise. FDI is important because besides creating jobs, it usually involves the transfer of technology and managerial skills from more developed to less developed economies. The 16 economies in Figure 4.6 typically account for well over 95% of FDI net inflows in the region and just six economies Australia; People s Republic of China; Hong Kong, China; India; Japan; and Singapore accounted for over 80% of the total over the 3 years ( ). FDI is profit-motivated, being undertaken to earn returns that may not be available in the home country. FDI mainly benefits countries that are growing rapidly, seen as politically stable and that are, in many cases, already rich. Table 4.6 shows a very substantial increase in net inflows of FDI over the last decade. However, a number of economies in Figure 4.5 experienced a fall in net inflows of FDI in As a result, total FDI for the 16 economies in Figure 4.5 increased by 9.5%, compared with 51% in On the other hand, India recorded a particularly sharp rise. This country has traditionally been wary of encouraging FDI because of its potential to induce financial instability if the foreign funds are rapidly withdrawn. This policy is now changing and India was the fourth largest recipient of FDI in Figure 4.6 Net Inflows of Foreign Direct Investment, 2006, 2007, and 2008 (US$ billion) China, People's Rep. of Hong Kong, China Australia India Singapore Japan Kazakhstan Thailand Malaysia Taipei,China Indonesia Pakistan New Zealand Korea, Rep. of Philippines Georgia Source: Derived from Table Data Issues and Comparability International trade statistics are closely monitored by the World Trade Organization and other international agencies. Common definitions are used by all countries, and the larger Asian countries use standard forms and procedures for data processing. Most of the other international transactions in this section are taken from balance of payments statistics. Countries follow guidelines of the International Monetary Fund in compiling these statistics and meet regularly to discuss methodology, but many countries have difficulty in accurately recording nonofficial transactions such as workers remittances and private capital flows.
5 GLOBALIZATION 221 Table 4.1 Trade in goods balance (percent of GDP) Balance of Payments Afghanistan Armenia Azerbaijan Georgia Kazakhstan Kyrgyz Republic Pakistan Tajikistan Turkmenistan Uzbekistan REGIONAL TABLES China, People s Rep. of Hong Kong, China Korea, Rep. of Mongolia Taipei,China Bangladesh Bhutan India Maldives Nepal Sri Lanka Brunei Darussalam a Cambodia Indonesia Lao PDR Malaysia Myanmar Philippines Singapore Thailand Viet Nam Cook Islands Fiji Islands Kiribati Marshall Islands Micronesia, Fed. States of Nauru Palau Papua New Guinea Samoa Solomon Islands Timor-Leste b Tonga Tuvalu Vanuatu Australia Japan New Zealand a Brunei Darussalam is a regional member of ADB, but it is not classified as a developing member country. b GDP estimates before 2002 include the value added of activities of the United Nations, while estimates beginning 2002 exclude its value added. Sources: Country sources, ADB staff estimates using CEIC data.
6 222 GLOBALIZATION Balance of Payments Table 4.2 Trade in services balance (percent of GDP) Afghanistan a Armenia Azerbaijan Georgia Kazakhstan Kyrgyz Republic Pakistan Tajikistan Turkmenistan Uzbekistan b China, People s Rep. of Hong Kong, China Korea, Rep. of Mongolia Taipei,China Bangladesh Bhutan c India Maldives Nepal Sri Lanka Brunei Darussalam d Cambodia Indonesia Lao PDR Malaysia Myanmar Philippines Singapore Thailand Viet Nam Cook Islands Fiji Islands Kiribati Marshall Islands e Micronesia, Fed. States of a Nauru Palau a Papua New Guinea Samoa Solomon Islands Timor-Leste a, f Tonga Tuvalu a Vanuatu Australia Japan New Zealand a Includes income. b Includes other goods and income starting c Prior to 2000, services, income, and transfer receipts and payments were grouped as service transfer receipts and service transfer payments. d Brunei Darussalam is a regional member of ADB, but it is not classified as a developing member country. e Includes other goods and income. f GDP estimates before 2002 include the value added of activities of the United Nations, while estimates beginning 2002 exclude its value added. Sources: International Financial Statistics Online (IMF 2009), country sources.
7 GLOBALIZATION 223 Table 4.3 Current account balance (percent of GDP) Balance of Payments Afghanistan Armenia Azerbaijan Georgia Kazakhstan Kyrgyz Republic Pakistan Tajikistan Turkmenistan Uzbekistan REGIONAL TABLES China, People s Rep. of Hong Kong, China Korea, Rep. of Mongolia Taipei,China Bangladesh Bhutan India Maldives Nepal Sri Lanka Brunei Darussalam a Cambodia Indonesia Lao PDR Malaysia Myanmar Philippines Singapore Thailand Viet Nam Cook Islands Fiji Islands Kiribati Marshall Islands Micronesia, Fed. States of Nauru Palau Papua New Guinea Samoa Solomon Islands Timor-Leste b Tonga Tuvalu Vanuatu Australia Japan New Zealand a Brunei Darussalam is a regional member of ADB, but it is not classified as a developing member country. b GDP estimates before 2002 include the value added of activities of the United Nations, while estimates beginning 2002 exclude its value added. Sources: Country sources, ADB staff estimates using CEIC data.
8 224 GLOBALIZATION Balance of Payments Table 4.4 Workers remittances and compensation of employees, receipts (US$ million) Afghanistan Armenia Azerbaijan Georgia Kazakhstan Kyrgyz Republic Pakistan Tajikistan Turkmenistan Uzbekistan... China, People s Rep. of Hong Kong, China Korea, Rep. of Mongolia Taipei,China Bangladesh Bhutan... India Maldives Nepal Sri Lanka Brunei Darussalam a Cambodia Indonesia Lao PDR Malaysia Myanmar Philippines Singapore... Thailand Viet Nam Cook Islands Fiji Islands Kiribati Marshall Islands... Micronesia, Fed. States of... Nauru Palau... Papua New Guinea Samoa Solomon Islands Timor-Leste... Tonga Tuvalu Vanuatu Australia Japan New Zealand a Brunei Darussalam is a regional member of ADB, but it is not classified as a developing member country. Sources: International Financial Statistics Online (IMF 2009); World Development Indicators Online (World Bank 2009); ADB staff estimates based on the Migration & Remittances website (go.worldbank.org/qowewd6ta0); for Taipei,China: economy sources.
9 GLOBALIZATION 225 Table 4.5 Workers' remittances and compensation of employees, receipts (percent of GDP) Balance of Payments Afghanistan Armenia Azerbaijan Georgia Kazakhstan Kyrgyz Republic Pakistan Tajikistan Turkmenistan Uzbekistan REGIONAL TABLES China, People s Rep. of Hong Kong, China Korea, Rep. of Mongolia Taipei,China Bangladesh Bhutan India Maldives Nepal Sri Lanka Brunei Darussalam a Cambodia Indonesia Lao PDR Malaysia Myanmar Philippines Singapore Thailand Viet Nam Cook Islands Fiji Islands Kiribati Marshall Islands Micronesia, Fed. States of Nauru Palau Papua New Guinea Samoa Solomon Islands Timor-Leste Tonga Tuvalu Vanuatu Australia Japan New Zealand a Brunei Darussalam is a regional member of ADB, but it is not classified as a developing member country. Sources: International Financial Statistics Online (IMF 2009); World Development Indicators Online (World Bank 2009); ADB staff estimates based on the Migration & Remittances website (go.worldbank.org/qowewd6ta0); Taipei,China: economy sources.
10 226 GLOBALIZATION Balance of Payments Table 4.6 Foreign direct investment, net inflows (US$ million) Afghanistan Armenia Azerbaijan Georgia Kazakhstan Kyrgyz Republic Pakistan Tajikistan Turkmenistan Uzbekistan China, People s Rep. of Hong Kong, China Korea, Rep. of Mongolia Taipei,China Bangladesh Bhutan India Maldives Nepal Sri Lanka Brunei Darussalam a Cambodia Indonesia Lao PDR Malaysia Myanmar Philippines Singapore Thailand Viet Nam Cook Islands Fiji Islands Kiribati Marshall Islands Micronesia, Fed. States of Nauru Palau Papua New Guinea Samoa Solomon Islands Timor-Leste Tonga Tuvalu Vanuatu Australia Japan New Zealand a Brunei Darussalam is a regional member of ADB, but it is not classified as a developing member country. Sources: International Financial Statistics Online (IMF 2009); World Development Indicators Online (World Bank 2009); for Taipei,China: economy sources.
11 GLOBALIZATION 227 Table 4.7 Foreign direct investment, net inflows (percent of GDP) Balance of Payments Afghanistan 2.9 Armenia Azerbaijan Georgia Kazakhstan Kyrgyz Republic Pakistan Tajikistan Turkmenistan Uzbekistan REGIONAL TABLES China, People s Rep. of Hong Kong, China Korea, Rep. of Mongolia Taipei,China Bangladesh Bhutan India Maldives Nepal Sri Lanka Brunei Darussalam a Cambodia Indonesia Lao PDR Malaysia Myanmar Philippines Singapore Thailand Viet Nam Cook Islands Fiji Islands Kiribati Marshall Islands Micronesia, Fed. States of Nauru Palau Papua New Guinea Samoa Solomon Islands Timor-Leste Tonga Tuvalu Vanuatu Australia Japan New Zealand a Brunei Darussalam is a regional member of ADB, but it is not classified as a developing member country. Sources: International Financial Statistics Online (IMF 2009); World Development Indicators Online (World Bank 2009); for Taipei,China: economy sources.
12 228 GLOBALIZATION External Trade Table 4.8 Merchandise exports (US$ million) Afghanistan Armenia Azerbaijan Georgia Kazakhstan Kyrgyz Republic Pakistan Tajikistan Turkmenistan Uzbekistan China, People s Rep. of Hong Kong, China Korea, Rep. of Mongolia Taipei,China Bangladesh Bhutan India Maldives Nepal Sri Lanka Brunei Darussalam a Cambodia Indonesia Lao PDR Malaysia Myanmar Philippines Singapore b Thailand Viet Nam Cook Islands Fiji Islands Kiribati Marshall Islands Micronesia, Fed. States of Nauru Palau Papua New Guinea Samoa Solomon Islands Timor-Leste Tonga Tuvalu Vanuatu Australia Japan New Zealand a Brunei Darussalam is a regional member of ADB, but it is not classified as a developing member country. b Prior to 2003, data exclude Indonesia. Sources: Country sources, International Financial Statistics CD-ROM (IMF 2009).
13 GLOBALIZATION 229 Table 4.9 Growth rates of merchandise exports a (percent) External Trade Afghanistan Armenia Azerbaijan Georgia Kazakhstan Kyrgyz Republic Pakistan Tajikistan Turkmenistan Uzbekistan REGIONAL TABLES China, People s Rep. of Hong Kong, China Korea, Rep. of Mongolia Taipei,China Bangladesh Bhutan India Maldives Nepal Sri Lanka Brunei Darussalam b Cambodia Indonesia Lao PDR Malaysia Myanmar Philippines Singapore c Thailand Viet Nam Cook Islands Fiji Islands Kiribati Marshall Islands Micronesia, Fed. States of Nauru Palau Papua New Guinea Samoa Solomon Islands Timor-Leste Tonga Tuvalu Vanuatu Australia Japan New Zealand a Rates are based on US dollar values of exports. b Brunei Darussalam is a regional member of ADB, but it is not classified as a developing member country. c Prior to 2003, data exclude Indonesia. Sources: Country sources, International Financial Statistics CD-ROM (IMF 2009).
14 230 GLOBALIZATION External Trade Table 4.10 Merchandise imports (US$ million) Afghanistan Armenia Azerbaijan Georgia Kazakhstan Kyrgyz Republic Pakistan Tajikistan Turkmenistan Uzbekistan China, People s Rep. of Hong Kong, China Korea, Rep. of Mongolia Taipei,China Bangladesh Bhutan India Maldives Nepal Sri Lanka Brunei Darussalam a Cambodia Indonesia Lao PDR Malaysia Myanmar Philippines Singapore b Thailand Viet Nam Cook Islands Fiji Islands Kiribati Marshall Islands Micronesia, Fed. States of c Nauru Palau Papua New Guinea Samoa d Solomon Islands Timor-Leste Tonga Tuvalu Vanuatu Australia Japan New Zealand a Brunei Darussalam is a regional member of ADB, but it is not classified as a developing member country. b Prior to 2003, data exclude Indonesia. c Starting 2000, compilation methodology shifted from fob to cif. d Starting 2000, compilation methodology shifted from cif to fob. Sources: Country sources, International Financial Statistics CD-ROM (IMF 2009).
APPENDIXES. 1: Regional Integration Tables. Table Descriptions. Regional Groupings. Table A1: Trade Share Asia (% of total trade)
1: Regional Integration Tables The statistical appendix is comprised of 10 tables that present selected indicators on economic integration covering the 48 regional members of the n Development Bank (ADB).
More informationVIII. Government and Governance
247 VIII. Government and Governance Snapshot Based on latest data, three-quarters of the economies in Asia and the Pacific incurred fiscal deficits. Fiscal deficits also exceeded 2% of gross domestic product
More informationPakistan 2.5 Europe 11.5 Bangladesh 2.0 Japan 1.8 Philippines 1.3 Viet Nam 1.2 Thailand 1.0
173 People Snapshots Asia and the Pacific accounts for nearly 55% of global population and 6 of the world s 10 most populous economies. The region s population is forecast to grow by almost 1 billion by
More informationTransport and Communications
243 Transport and Communications Snapshots Road networks have expanded rapidly in most economies in Asia and the Pacific since 1990. The latest data show that the People s Republic of China (PRC) and account
More informationAsian Development Bank
Asian Development Bank October 2015 President Takehiko Nakao Azerbaijan ADB Regional Members(48 economies) Uzbekistan Kazakhstan Georgia Armenia Turkmenistan Afghanistan Pakistan Kyrgyz Republic Mongolia
More informationGoal 1: Eradicate Extreme Poverty and Hunger
59 In 15 economies of the Asia and Pacific region, including some of the most populous, more than 10% of the population live on less than $1 a day. In 20 economies, again including some of the most populous,
More informationThe IISD Global Subsidies Initiative Barriers to Reforming Fossil Fuel Subsidies: Lessons Learned from Asia
Barriers to Reforming Fossil Fuel Subsidies: Lessons Learned from Asia Tara Laan Global Subsidies Initiative 20 June 2014 Outline of presentation 1. Introduction to the GSI 2. Scale of fossil-fuel subsidies
More informationV. Transport and Communications
215 V. Transport and Communications Snapshot In 2013, occupants of four-wheeled vehicles comprised a plurality of traffic-related deaths in 15 of 35 regional economies for which data are available. Air
More informationPresented by Sarah O Keefe External Relations Officer European Representative Office Frankfurt, Germany
Asian Development Bank ADB Business Opportunities Seminar AICEP Portugal Global Av. 5 de Outubro, 101 1050-051 Lisboa 4 October 2012 Introduction ti to ADB Presented by Sarah O Keefe External Relations
More informationFigure 1.1: Percentage Distribution of Population by Global Region, and by Economy in Asia and the Pacific, 2014
195 People Snapshots Asia and the Pacific accounts for nearly 55% of the global population and six of the world s 10 most populous economies. The region s population is forecast to grow to 5.3 billion
More informationInclusive Green Growth Index (IGGI): A New Benchmark for Well-being in Asia and the Pacific
Inclusive Green Growth Index (IGGI): A New Benchmark for Well-being in Asia and the Pacific Presented by Radtasiri Wachirapunyanont Intern Governance Thematic Group VPKM and ERCD Outline Stock-taking Introduction
More informationFemale Labor Force Participation: Contributing Factors
REGIONAL SEMINAR WOMEN S EMPLOYMENT, ENTREPRENEURSHIP & EMPOWERMENT: MOVING FORWARD ON IMPERFECT PATHWAYS Female Labor Force Participation: Contributing Factors Valerie Mercer-Blackman Senior Economist
More informationGoal 7. Ensure access to affordable, reliable, sustainable and modern energy for all
Goal 7. Ensure access to affordable, reliable, sustainable and modern energy for all Table 4.1: Selected Indicators for SDG 7 - Energy Efficiency and Access to Modern and Renewable Energy Sources By 2030,
More informationPopulation. C.4. Research and development. In the Asian and Pacific region, China and Japan have the largest expenditures on R&D.
Statistical Yearbook for Asia and the Pacific 2013 C. Education and knowledge C.4. (R&D) is a critical element in the transition towards a knowledgebased economy. It also contributes to increased productivity,
More informationAid for Trade in Asia and the Pacific: ADB's Perspective
Aid for Trade in Asia and the Pacific: ADB's Perspective Juzhong Zhuang Assistant Chief Economist Economics and Research Department Asian Development Bank GTAP Conference Roundtable Discussion: Towards
More informationAsian Development Bank
Asian Development Bank March 2018 President Takehiko Nakao Azerbaijan ADB Regional Members(48 economies) Uzbekistan Kazakhstan Georgia Armenia Turkmenistan Afghanistan Pakistan Bangladesh Maldives Kyrgyz
More informationAid for Trade and the Asian Development Bank. Asian Development Bank
Aid for Trade and the Asian Development Bank Ganeshan Wignaraja Asian Development Bank Aid for Trade: One Year On, ODI, London, 24 May 2007 Messages Amidst success stories in outwardorientation, the Asia-Pacific
More informationMEETING THE NEED FOR PERSONAL MOBILITY. A. World and regional population growth and distribution
30 II. MEETING THE NEED FOR PERSONAL MOBILITY A. World and regional population growth and distribution The world population grew at an annual rate of 1.4 per cent between 1990 and 2000. This is slightly
More informationTrade, Employment and Inclusive Growth in Asia. Douglas H. Brooks Jakarta, Indonesia 10 December 2012
Trade, Employment and Inclusive Growth in Asia Douglas H. Brooks Jakarta, Indonesia 10 December 2012 Relationship between trade and growth is wellestablished 6 Openness and Growth - Asia annual growth
More informationInequality of opportunity in Asia and the Pacific
Inequality of opportunity in Asia and the Pacific Expert Group meeting on Addressing inequalities and challenges to social inclusion through fiscal, wage and social protection policies Thérèse Björk Social
More informationFigure 1.1: Distribution of Population by Global Region, and by Economy in Asia and the Pacific, 2015 (%) Asia and the Pacific, PRC,
91 People Snapshots Asia and the Pacific comprises 55% of the world s population and is home to the two most populous economies in the world, the People s Republic of China and India. Between 2000 and
More informationTrade Facilitation and Better Connectivity for an Inclusive Asia and Pacific
Trade Facilitation and Better Connectivity for an Inclusive Asia and Pacific Highlights Trade Facilitation and Better Connectivity for an Inclusive Asia and Pacific Highlights Creative Commons Attribution
More informationInequality in Asia and the Pacific
Inequality in Asia and the Pacific Inter-regional Expert Group Mee3ng Placing Equality at the Centre of Agenda 2030 Patrik Andersson Chief, Sustainable Socioeconomic Transforma9on Sec9on Social Development
More informationAsia s Economic Transformation Where to, How, and How Fast?
Asia s Economic Transformation Where to, How, and How Fast? Key Indicators for Asia and the Pacific 13 Special Chapter Jesus Felipe Advisor to the Chief Economist Economics and Research Department Asian
More informationFigure 2.1.1: Percentage Distribution of Population by Global Region, and by Economy in Asia and the Pacific, 2017
71 I. People Snapshot The combined population of Asia and the Pacific reached 4,141 million in 2017, or 54.8% of the world s total population, down from 56.0% in 2000. In 2017, 5 of the 10 most populous
More informationCurrent Situation and Outlook of Asia and the Pacific
Current Situation and Outlook of Asia and the Pacific Dr. Aynul Hasan, Chief, DPS, MPDD Dr. M. Hussain Malik, Chief, MPAS, MPDD High-level Policy Dialogue Macroeconomic Policies for Sustainable and Resilient
More informationOutline of Presentation
DEMOGRAPHIC CHANGE AND ITS IMPLICTIONS FOR LABOUR MOBILITY IN ASIA AND THE PACIFIC by Graeme Hugo University Professorial Research Fellow Professor of Geography and Director of the National Centre for
More informationSocial Outlook for Asia and the Pacific: Poorly Protected. Predrag Savic, Social Development Division, ESCAP. Bangkok, November 13, 2018
Social Outlook for Asia and the Pacific: Poorly Protected Predrag Savic, Social Development Division, ESCAP Bangkok, November 13, 2018 Outline 1. Poverty as a challenge in Asia and the Pacific 2. Lack
More informationVulnerabilities and Challenges: Asia
Global Development Network GDN 14 th Annual Global Development Conference 19-21 June 2013 ADB Manila Vulnerabilities and Challenges: Asia Vinod Thomas Director General, Independent Evaluation Asian Development
More information05 Remittances and Tourism Receipts
5 Remittances and Tourism Receipts 58 n Economic Integration Report 217 Remittances and Tourism Receipts Remittance Flows to Remittances are an important and stable source of external finance. Along with
More informationPoverty Alleviation and Inclusive Social Development in Asia and the Pacific
Poverty Alleviation and Inclusive Social Development in Asia and the Pacific Nagesh Kumar, Director, Social Development Division, UN-ESCAP At EGM on Strategies for Eradicating Poverty to achieve Sustainable
More informationCurrent Situation and Outlook of Asia and the Pacific
ESCAP High-level Policy Dialogue Ministry of Finance of the Republic of International Economic Summit 2013 Eleventh Bank Annual International Seminar Macroeconomic Policies for Sustainable Growth with
More informationAsian Pacific Islander Catholics in the United States: A Preliminary Report 1
Asian Pacific Islander Catholics in the United States: A Preliminary Report 1 January 14, 2015 Prepared by Jerry Z. Park W. Matthew Henderson Kenneth Vaughan Baylor University 2 Tricia Bruce Maryville
More information07 Asia-Pacific Regional Cooperation and Integration Index
07 Asia-Pacific Regional Cooperation and Integration Index 86 Asian Economic Integration Report 2017 Asia-Pacific Regional Cooperation and Integration Index This year s Asian Economic Integration Report
More informationTRADE IN COMMERCIAL SERVICES SLIDING DOWNHILL
TRADE IN COMMERCIAL SERVICES SLIDING DOWNHILL CHAPTER 2 CHAPTER 2 TRADE IN COMMERCIAL SERVICES SLIDING DOWNHILL While service trade exhibited more resilience to negative shocks during the great financial
More informationInformation Meeting of States Parties to the World Heritage Convention. Friday 22 January 2003 Paris UNESCO Room IV
Information Meeting of States Parties to the World Heritage Convention Friday 22 January 2003 Paris UNESCO Room IV Periodic Reporting on the Implementation of the World Heritage Convention in the Asia
More informationprogress in Regional cooperation and integration
progress in Regional cooperation and integration Introduction With the global economy immersed in double-track growth emerging economies expanding faster than advanced countries is forging ahead in part
More informationAPTIAD BRIEFING NOTE
APTIAD BRIEFING NOTE Trade Policy and Analysis Section, Trade, Investment and Innovation Division United Nations ESCAP February 2016 An update on the trade agreements of Asia-Pacific economies 1 By the
More informationInequality of Outcomes
USD Inequality of Outcomes 1. Introduction Economic inequality generally refers to the disproportionate distribution of income, assets or wealth among households in a society. However, the overall welfare
More informationAsia and the Pacific s Perspectives on the Post-2015 Development Agenda
Ver: 2 Asia and the Pacific s Perspectives on the Post-2015 Development Agenda Dr. Noeleen Heyzer Executive Secretary United Nations Economic and Social Commission for Asia and the Pacific (ESCAP) Bangkok
More informationFuture prospects for Pan-Asian freight network
Training course of railway personnel in BIMSTEC and Mekong-Ganga Cooperation Countries Vadodara, India, August 2006 Future prospects for Pan-Asian freight network John Moon Chief, Transport Policy Section,
More informationPopulation. D.4. Crime. Homicide rates in Asia and the Pacific are among the lowest in the world.
Statistical Yearbook for Asia and the Pacific 2013 D. Poverty and insecurity D.4., the application of the rule of law and the strength of the criminal justice system have a profound impact not only on
More informationGoal 3: Promote Gender Equality and Empower Women
98 Gender equality in primary school enrollment is high, with most economies having ratios of or more. This is also the case for gender equality in secondary school enrollment, but not so for tertiary
More informationConcept note. The workshop will take place at United Nations Conference Centre in Bangkok, Thailand, from 31 January to 3 February 2017.
Regional workshop on strengthening the collection and use of international migration data in the context of the 2030 Agenda for Sustainable Development Introduction Concept note The United Nations Department
More informationTrade Mark Snapshot. Filing, Non-Use & Opposition ASIA PACIFIC 2016
Trade Mark Snapshot Filing, Non-Use & Opposition ASIA PACIFIC 2016 TRADE MARK FILING SNAPSHOT FIRST TO FILE POWER OF ATTORNEY NICE CLASSIFICATION CERTIFIED COPY OF PRIORITY DOCUMENT MULTI-CLASS IS USE
More informationChapter 5: Internationalization & Industrialization
Chapter 5: Internationalization & Industrialization Chapter 5: Internationalization & Industrialization... 1 5.1 THEORY OF INVESTMENT... 4 5.2 AN OPEN ECONOMY: IMPORT-EXPORT-LED GROWTH MODEL... 6 5.3 FOREIGN
More informationRegionalism and multilateralism clash Asian style
Regionalism and multilateralism clash Asian style Mia Mikic TID, ESCAP Outline Setting the scene Using to learn more on Asian regionalism in trade Stylized facts Level of trade liberalization and sectoral
More informationUN ESCAP Trade Facilitation Work programme: Selected tools for logistics performance improvement
UN ESCAP Trade Facilitation Work programme: Selected tools for logistics performance improvement Yann Duval Trade Policy and Facilitation Section Trade, Investment and Innovation Division United Nations
More informationHIGHLIGHTS. Part I. Sustainable Development Goals. People
xxix HIGHLIGHTS Part I. Sustainable Development Goals The Millennium Development Goals (MDGs) had shaped development policies around the world with specific, time-bound, and quantifiable targets since
More informationCooperation on International Migration
Part II. Implications for International and APEC Cooperation Session VI. Implications for International and APEC Cooperation (PowerPoint) Cooperation on International Migration Mr. Federico Soda International
More informationKey Indicators. for Asia and the Pacific. 40th Edition HIGHLIGHTS. SPECIAL CHAPTER Enterprises in Asia: Fostering Dynamism in SMEs
Key Indicators for Asia and the Pacific 2009 40th Edition HIGHLIGHTS SPECIAL CHAPTER Enterprises in Asia: Fostering Dynamism in SMEs 2009 Asian Development Bank All rights reserved. Published 2009. Printed
More informationMODERATING GROWTH AND STRUCTURAL CHANGE IN THE PEOPLE S REPUBLIC OF CHINA: IMPLICATIONS FOR DEVELOPING ASIA AND BEYOND 1
NO. 53 MARCH 216 ADB BRIEFS MODERATING GROWTH AND STRUCTURAL CHANGE IN THE PEOPLE S REPUBLIC OF CHINA: IMPLICATIONS FOR DEVELOPING ASIA AND BEYOND 1 Abdul Abiad Economic Advisor Minsoo Lee Senior Economist
More informationATTACHMENT A to State letter Ref.: FJ 2/5.1 AP0036/05 (ATO)
ATTACHMENT A to State letter Ref.: FJ 2/5.1 AP0036/05 (ATO) ICAO ASIA PACIFIC REGIONAL SEMINAR FACILITATION [MACHINE READABLE TRAVEL DOCUMENTS, BIOMETRICS] AND RADIO FREQUENCY IDENTIFICATION (International
More informationAsian Pacific Islander Catholics in the United States: A Preliminary Report 1
Asian Pacific Islander in the United States: A Preliminary Report 1 January 2015 Prepared by Jerry Z. Park W. Matthew Henderson Kenneth Vaughan Baylor University 2 Tricia Bruce Maryville College 3 Stephen
More informationAgency Profile. Agency Purpose. At A Glance
Agency Purpose T he Council on Asian-Pacific Minnesotans ( Council or CAPM ) was created by the Minnesota State Legislature in 1985 to fulfill the following primary objectives: advise the governor and
More informationAcore principle of the United Nations Millennium
III. PARTNERSHIPS FOR ACHIEVING THE MDGs INTRODUCTION Acore principle of the United Nations Millennium Declaration is that human development is a shared responsibility. The Declaration resolves therefore
More informationThe views expressed in this document are those of the ADB staff and do not necessarily reflect the views and policies of the Asian Development Bank
The views expressed in this document are those of the ADB staff and do not necessarily reflect the views and policies of the Asian Development Bank or its Board of Governors or the governments they represent.
More informationPOPULATION MOVEMENT IN THE PACIFIC: A PERSPECTIVE ON FUTURE PROSPECTS
POPULATION MOVEMENT IN THE PACIFIC: A PERSPECTIVE ON FUTURE PROSPECTS by Graeme Hugo Professor of Geography and Director of the Australian Population and Migration Research Centre, The University of Adelaide
More informationEnhancing Capacity on Trade Policies and Negotiations
Training of Trainers Enhancing Capacity on Trade Policies and Negotiations Session 11: New generation trade agreements Dr. Mia Mikic Chief, Trade Policy and Analysis Section Trade, Investment and Innovation
More informationBenchmarking Developing Asia s Manufacturing Sector
Economics and Research Department ERD Working Paper Series No. 101 Benchmarking Developing Asia s Manufacturing Sector Jesus Felipe and Gemma Estrada September 2007 ERD Working Paper No. 101 Benchmarking
More informationRCP membership worldwide
RCP membership worldwide Non-member Member of one RCP Member of two RCPs Member of three or more RCPs Inter-Governmental Consultations on Asylum, Refugees and Migration Policies (IGC) 16 States Established
More informationEpidemiology of TB in the Western Pacific Region
Epidemiology of TB in the Western Pacific Region First Asia-Pacific Region Conference IUATLD Kuala Lumpur August 3, 27 Tuberculosis notification rates, 25 Notified TB cases (new and relapse) per 1 population
More informationMakoto IKEDA Asian Disaster Reduction Center (ADRC)
Makoto IKEDA Asian Disaster Reduction Center (ADRC) Asian Disaster Reduction Center (ADRC) was established in 1998. HAT Kobe was the region redeveloped as one of the symbols of recovery from the 1995 earthquake.
More informationPer Capita Income Guidelines for Operational Purposes
Public Disclosure Authorized Public Disclosure Authorized Per Capita Income Guidelines for Operational Purposes May 23, 2018. The per capita Gross National Income (GNI) guidelines covering the Civil Works
More informationMechanism for the Review of Implementation of the United Nations Convention against Corruption: country pairings for the second review cycle
Mechanism for the Review of Implementation of the United Nations Convention against Corruption: country pairings for the second review cycle In the first year, a total of 29 reviews will be conducted.
More informationTRADE FACILITATION IN ASIA AND THE PACIFIC: AN UPDATE
TRADE FACILITATION IN ASIA AND THE PACIFIC: AN UPDATE CHAPTER 4 CHAPTER 4 TRADE FACILITATION IN ASIA AND THE PACIFIC: AN UPDATE Trade facilitation and the reduction of international trade transaction costs
More informationThe Beijing Declaration on South-South Cooperation for Child Rights in the Asia Pacific Region
The Beijing Declaration on South-South Cooperation for Child Rights in the Asia Pacific Region 1. We, the delegations of Afghanistan, Bangladesh, Bhutan, Brunei Darussalam, Cambodia, China, Democratic
More informationCharting Indonesia s Economy, 1H 2017
Charting Indonesia s Economy, 1H 2017 Designed to help executives interpret economic numbers and incorporate them into company s planning. Publication Date: January 3 rd, 2017 Next Issue: To be published
More informationUnmasking the Regional Trade Agreements in Asia and the Pacific
Centre for WTO Studies Indian Institute of Foreign Trade New Delhi, 19 January 2010 Unmasking the Regional Trade Agreements in Asia and the Pacific Dr. Mia Mikic ARTNeT Deputy Coordinator Trade Policy
More informationCountry pairings for the second review cycle of the Mechanism for the Review of Implementation of the United Nations Convention against Corruption
Country pairings for the second review cycle of the Mechanism for the Review of Implementation of the United Nations Convention against Corruption In the first year, a total of 29 reviews will be conducted.
More informationAnti-Corruption Action Plan for Asia and the Pacific. Implementation Strategy
ADB OECD Anti-Corruption Initiative for Asia-Pacific Combating Corruption In the New Millennium Anti-Corruption Action Plan for Asia and the Pacific Implementation Strategy Approved by the Action Plan
More informationUNODC/HONLAP/38/CRP.2
For participants only 8 September 2014 English only * Thirty-eighth Meeting of Heads of National Drug Law Enforcement Agencies, Asia and the Pacific Bangkok, 21 to 24 October 2014 * Item 7 of the provisional
More informationUN Regional Commissions Global Survey on Trade Facilitation and Paperless Trade Implementation
UN Regional Commissions Global Survey on Trade Facilitation and Paperless Trade Implementation Background & Overview IMPLEMENTING TRADE FACILITATION AND PAPERLESS TRADE FOR SUSTAINABLE GROWTH: EVIDENCE
More informationDecent Work for All ASIAN DECENT WORK DECADE
Tourism and employment in Asia: Challenges and opportunities in the context of the economic crisis Guy Thijs Deputy Regional Director ILO Regional Office for Asia and the Pacific Decent Work for All ASIAN
More informationBenchmarking Asia Pacific National Telecom Regulatory Authority Websites
Benchmarking Asia Pacific National Telecom Regulatory Authority Websites June 2008 Lara Alawattegama and Chanuka Wattegama Abstract: A National Regulatory Authority (NRA) in telecommunication, like any
More informationASIAN INSTITUTE OF FINANCE AWARD FOR ESSAYS ON PROFESSIONALISM IN THE FINANCIAL SERVICES INDUSTRY OFFICIAL TERMS AND CONDITIONS
ASIAN INSTITUTE OF FINANCE AWARD FOR ESSAYS ON PROFESSIONALISM IN THE FINANCIAL SERVICES INDUSTRY OFFICIAL TERMS AND CONDITIONS A. INTRODUCTION 1. The Asian Institute of Finance Award for Essays on Professionalism
More information=======================================================================
[Federal Register Volume 74, Number 178 (Wednesday, September 16, 2009)] [Notices] [Pages 47618-47619] From the Federal Register Online via the Government Printing Office [www.gpo.gov] [FR Doc No: E9-22306]
More informationIntroduction. Sustainable Development Goals
3 Introduction Across the world, individual economies are working towards achieving the 17 goals and 169 targets set within the framework of the Sustainable Development Goals (SDGs). Progress towards meeting
More informationCountry pairings for the second cycle of the Mechanism for the Review of Implementation of the United Nations Convention against Corruption
Country pairings for the second cycle of the Mechanism for the Review of Implementation of the United Nations Convention against Corruption In year 1, a total of 29 reviews will be conducted: Regional
More informationMechanism for the Review of Implementation of the United Nations Convention against Corruption: country pairings for the second review cycle
Mechanism for the Review of Implementation of the United Nations Convention against Corruption: country pairings for the second review cycle In the first year, a total of 29 reviews will be conducted.
More informationMigration The stock of international migrants worldwide
5Movement of People 8 n Economic Integration Report 218 Migration The stock of international migrants worldwide increased by 4.% from 247.7 million in 215 to 257.7 million in 217 (Figure 5.1). 25 Over
More informationCharting South Korea s Economy, 1H 2017
Charting South Korea s Economy, 1H 2017 Designed to help executives interpret economic numbers and incorporate them into company s planning. Publication Date: January 3 rd, 2017 Next Issue: To be published
More informationASIA-PACIFIC TRADE AND INVESTMENT REPORT 2012 DEALING WITH PROTECTIONIST PRESSURES
ASIA-PACIFIC TRADE AND INVESTMENT REPORT 2012 DEALING WITH PROTECTIONIST PRESSURES 78 CHAPTER 5 DEALING WITH PROTECTIONIST PRESSURES CHAPTER 5 DEALING WITH PROTECTIONIST PRESSURES A. GLOBAL LANDSCAPE OF
More informationCountry pairings for the first review cycle of the Mechanism for the Review of Implementation of the United Nations Convention against Corruption
Country pairings for the first review cycle of the Mechanism for the Review of Implementation of the United Nations Convention against Corruption In the first year, a total of 27 reviews will be conducted.
More informationCountry pairings for the first cycle of the Mechanism for the Review of Implementation of the United Nations Convention against Corruption
Country pairings for the first cycle of the Mechanism for the Review of Implementation of the United Nations Convention against Corruption YEAR 1 Group of African States Zambia Zimbabwe Italy Uganda Ghana
More informationCharting Cambodia s Economy
Charting Cambodia s Economy Designed to help executives catch up with the economy and incorporate macro impacts into company s planning. Annual subscription includes 2 semiannual issues published in June
More informationCharting Singapore s Economy, 1H 2017
Charting Singapore s Economy, 1H 2017 Designed to help executives interpret economic numbers and incorporate them into company s planning. Publication Date: January 3 rd, 2017 Next Issue: To be published
More informationBenchmarking Asia Pacific National Telecom Regulatory Authority Websites
Benchmarking Asia Pacific National Telecom Regulatory Authority Websites June 2008 Lara Alawattegama and Chanuka Wattegama Abstract: A National Regulatory Authority (NRA) in telecommunication, like any
More informationPREFERENTIAL TRADE AGREEMENTS IN ASIA AND THE PACIFIC
PREFERENTIAL TRADE AGREEMENTS IN ASIA AND THE PACIFIC 157 PREFERENTIAL TRADE AGREEMENTS IN ASIA AND THE PACIFIC Global multilateral trading arrangements offer the best prospect for reducing barriers to
More informationA) List of third countries whose nationals must be in possession of visas when crossing the external borders. 1. States
Lists of third countries whose nationals must be in possession of visas when crossing the external borders and of those whose nationals are exempt from that requirement A) List of third countries whose
More informationADB Economics Working Paper Series. Developing the Service Sector as Engine of Growth for Asia: An Overview
ADB Economics Working Paper Series Developing the Service Sector as Engine of Growth for Asia: An Overview Marcus Noland, Donghyun Park, and Gemma B. Estrada No. 320 November 2012 ADB Economics Working
More informationTrade led Growth in Times of Crisis Asia Pacific Trade Economists Conference 2 3 November 2009, Bangkok
Trade led Growth in Times of Crisis Asia Pacific Trade Economists Conference 2 3 November 2009, Bangkok Session No: 6 Does Governance Matter for Enhancing Trade? Empirical Evidence from Asia Prabir De
More informationUNODC/HONLAP/41/CRP.1
6 October 2017 English only * Forty-first Meeting of Heads of National Drug Law Enforcement Agencies, Asia and the Pacific Bangkok, 27-30 November 2017 * Item 8 of the provisional agenda ** Organization
More informationProductive capacity development in the Asia-Pacific LDCs
Productive capacity development in the Asia-Pacific LDCs ESCAP/OHRLLS Asia-Pacific Regional Meeting on Implementing the Istanbul Programme of Action (IPoA) 14-16 December 2011, Bangkok, Thailand Clovis
More informationCountry pairings for the first review cycle of the Mechanism for the Review of Implementation of the United Nations Convention against Corruption
Country pairings for the first review cycle of the Mechanism for the Review of Implementation of the United Nations Convention against Corruption In the first year, a total of 27 reviews will be conducted.
More informationTrade led Growth in Times of Crisis Asia Pacific Trade Economists Conference 2 3 November 2009, Bangkok. Session 10
Trade led Growth in Times of Crisis Asia Pacific Trade Economists Conference 2 3 November 2009, Bangkok Session 10 Trade and Social Development: The Case of Asia Nilanjan Banik Asia Pacific Research and
More informationPolicy Research. WUVA'Wl1G PAPERS - Populatlon, Health, and Nutrition. Population and Human Resources Department The World Bank November 1992 WPS 1032
Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Public Disclosure Authorized Policy Research WUVA'Wl1G PAPERS - Populatlon, Health, and Nutrition Population and Human
More informationUnited Nations Economic and Social Council. Report of the seventh Ministerial Conference on Environment and Development in Asia and the Pacific
United Nations Economic and Social Council ESCAP/74/10 Distr.: General 8 February 2018 Original: English Economic and Social Commission for Asia and the Pacific Seventy-fourth session Bangkok, 11 16 May
More informationASIA-PACIFIC TRADE AND INVESTMENT REPORT 2012 PREFERENTIAL TRADE POLICIES AND AGREEMENTS
ASIA-PACIFIC TRADE AND INVESTMENT REPORT 2012 PREFERENTIAL TRADE POLICIES AND AGREEMENTS 102 CHAPTER 6 PREFERENTIAL TRADE POLICIES AND AGREEMENTS CHAPTER 6 PREFERENTIAL TRADE POLICIES AND AGREEMENTS INTRODUCTION
More informationMigration (IMMI 17/002: Places and Currencies for Paying of Fees) Instrument 2017
Migration (IMMI 17/002: Places and Currencies for Paying of Fees) Instrument 2017 I, Steven Groves, Delegate of the Minister for Immigration and Border Protection, make the following instrument. Dated:
More information