|Time, Uncertainty, and Trade Flows|
This paper assesses the impact of international transit time and time-related uncertainty on bilateral trade, including their impact on trade costs. It concludes that international transit time matters primarily for South-South trade, while uncertainty is more important for North-North trade. Both factors are confirmed to be statistically and economically significant determinants of bilateral trade, including global value chains, and strengthens the ground on the emerging policy emphasis to address the overall costs faced by supply chain operators, including costs linked to uncertainty.
Author: Jose Anson, Jean-Francois Arvis, Mauro Boffa, Matthias Helble, and Benjamin Shepherd
Download - 1.76 MB
Tags: Trade, Trade Facilitation, Transport, South-South Trade
|Development of East Coast Economic Corridor and Vizag-Chennai Industrial Corridor|
The East Coast Economic Corridor (ECEC)—India’s first coastal corridor—is an integrated economic development initiative that is expected to help pursue industrialization and integrate domestic companies into the global value chains of Southeast Asia and East Asia. Its development will start with Vizag–Chennai Industrial Corridor (VCIC), which covers about 800 kilometers and includes several ports and major industrial centers. This paper discusses strategies to consider when trying to improve shipping and air connectivity in the ECEC and Vizag–Chennai Industrial Corridor (VCIC). It stresses the importance of infrastructure development and regulatory reforms that facilitate increased connectivity.
Author: Pritam Banerjee
Download - 682 KB
Tags: Bangladesh, Connectivity, Economic Corridor, India, Infrastructure, Regional Integration, Trade Facilitation, Transport, Development
|The Asia-Pacific Trade Agreement: Promoting South-South Regional Integration and Sustainable Development|
As countries begin to depend on more each other, trade policy is helping achieve inclusive and sustainable development. Trade and investment are linked to the environment and social issues, and countries now realize that cooperation is necessary in approaching global and regional problems. The Asia-Pacific Trade Agreement (APTA), the oldest preferential trade agreement in the region, helps promote economic development and the adoption of mutually beneficial trade measures. This book gives an overview of the APTA and outlines potential benefits and challenges for members new to the APTA. The book details a possible road map for APTA and suggests that APTA move from the conventional preferential agreement to a comprehensive economic integration agreement by converting to FTAs in goods, services, investment, trade facilitation and non-tariff measures.
Author: Joong-Wan Cho and Rajan Sudesh Ratna (editors)
Download - 11.5 MB
Tags: Asia-Pacific Trade Agreement, Bangladesh, India, Sri Lanka, Regional Integration, Sustainability, UNESCAP
|Renewable Energy Sector in Emerging Asia: Development and Policies (TIID Working Paper No. 1/2017)|
Rapid economic growth in emerging Asia has led to a critical increase of greenhouse gas emissions. Transitioning to renewable energy sources would help reduce emissions. However, massive investment is needed to make that transition. According to this paper, targeted policy interventions are needed to facilitate trade and investment in the renewable energy sector and create “green jobs” in the low-carbon and resource-efficient sectors.
Author: Masato Abe, Candice Lea Marie Branchoux, Jaewon Kim
Download - 664 KB
Tags: Bangladesh, Energy, Governance, Hydropower, Employment, India, Myanmar, Sustainability, UNESCAP
|Meeting Asia's Infrastructure Needs|
This report estimates infrastructure investment needs in Asia and the Pacific for 2016-2030, updating the Asian Development Bank's assessment for 2010-2020 published in 2009. The report places developing Asia's investment needs at $26 trillion to maintain its growth momentum, eradicate poverty, and respond to climate change. While developing Asia's infrastructure, including its transport network and electricity generation capacity, has improved significantly over the years, it remains far from adequate – lack of reliable power supply continues to constrain economic growth and traffic congestion results in lost productivity, wasted fuel, and human stress. The report recommends $14.7 trillion investment for power and $8.4 trillion for transport. South Asia requires investments valued at 8.8% of gross domestic product.
Author: Asian Development Bank
Download - 3.11 MB
Tags: Asia, South Asia, Energy, Transport, Bangladesh, Bhutan, ADB, India, Maldives, Myanmar, Sri Lanka, Nepal
|Customs Reform and Modernization Strategies and Action Plan 2017-2021|
The Customs Reform and Modernization Strategies and Action Plan 2017-2021 of the Nepal Department of Customs (DOC) aims to serve as a blueprint of Customs reform for the next four years, with a vision to support Nepal's initiatives toward economic and social prosperity. With Nepal seeing continuous increase of cross-border trade over the last decades, this Plan is being implemented to align Nepal toward international standards. It outlines the DOC's vision, mission, guiding principles, as well as strategies, such as expediting legitimate trade facilitation and enhancing Customs automation and data management, to create a conducive environment for seamless movement of cargo traffic to and from the borders, and help in lowering transaction costs through greater transport facilitation.
Author: Nepal Department of Customs
Download - 4.31 MB
Tags: Customs, Customs Valuation, Nepal, Trade Facilitation, Import, Export, Trade, Revised Kyoto Convention
|Returned 5 publications|