A recent Chinese proposal for good neighbourliness offers Indian Prime Minister Narendra Modi a rare opportunity to address India's concerns over the Sino-Pakistani economic corridor in his two-front diplomacy.
The aim of the study is to make a Regional Market Assessment in Tbilisi, Kvemo Kartli and Samegrelo-Zemo Svaneti. The aim of the assessment is to map and analyse the private business sector in the six target municipalities of Tbilisi, Senaki, Zugdidi, Tsalenjikha, Poti and Marneuli. The market assessment should provide updated information on business trends, gaps in the employment market and key private sector actors and opportunities for synergies and linkages. Specifically, the Market Assessment should give comprehensive answers to the following key research questions: The current size of the market in the target regions; The current key business sectors in the target regions; The main constraints faced by businesses in the target regions; The main gaps in the labour market demand and supply in terms of human resources, skills, knowledge and experience. The assessment methodology utilizes the combination of desk research and qualitative studies. Under the desk research the size of the market in each target regions is studied and key business sectors in the target regions are identified. Under the qualitative study, the main constraints faced by businesses in the target regions, the main gaps in the labour market demand and supply in terms of human resources, skills, knowledge and experience are identified.
ASEAN has now added to the ongoing Indo-Pacific debate. The question is, where to go from here? Is ASEAN's Outlook an end in itself or a constructive roadmap for the future of regional cooperation?
This report recommends how Indonesia and Timor-Leste can enhance cross-border cooperation and integration to help boost economic growth and reduce poverty. It focuses on opportunities in the tourism and livestock sectors and reviews transport connectivity, trade, and the business and investment climate. The report was undertaken at the request of the governments of Indonesia and Timor-Leste and involved extensive consultations with government, the private sector, and civil society.
The world economy has undergone at least three waves of globalization; currently the fourth wave is on-going, sweeping away old certainties are being overturned. The Philippines, which has hitherto been reaping the growth dividend from the third wave of globalization owing to a functioning democracy, achieving monetary stability, liberalization of trade, and related market reforms. In a fast-changing world, the strategies forged previously may need a fundamental rethinking to enable the country to survive, and thrive, in an era of global transition. There are four key features of the new globalization: economic restructuring; worsening global inequality; threats to international cooperation in providing global public goods (GPGs); and weakening of traditional ties of social cohesion and trust. The paper develops set of recommendations for policymakers and other stakeholders in the Philippines. Navigating the new globalization will be difficult, but not impossible: despite the drift towards mistrust and isolation, the paper argues for a renewed drive towards international cooperation, collaboration among public and private organizations, and adaptive policies in dealing with rapid economic and social change.
This paper reports on the Thai ASEAN Chairmanship at its mid-term, by evaluating the domestic background as well as three key issues that emerged after the 34th ASEAN Summit, and assesses them against Thailand's declared ambitions. The three selected issues, one under each of the three ASEAN Community pillars, are critical for the further evolution of ASEAN and the well-being if its people: (i) ASEAN's Outlook on the Indo-Pacific in the ASEAN Political-Security Community (APSC); (ii) the Regional Comprehensive Economic Partnership (RCEP) in the ASEAN Economic Community (AEC); and (iii) the Bangkok Declaration on Combating Marine Debris in the ASEAN Socio-Cultural Community (ASCC). Despite manifold challenges, the association's progress under Thai leadership has been laudable. However, immediate deliverables should not detract from the need for sustainable long-term progress and, thus, this report aims to provide some inputs for the consideration of the incumbent and future chairs.
Conducting analysis of labor market supply and demand is an essential step towards the reduction of unemployment. Having an informed understanding of what type of education, skills, and experience are demanded by the market can prepare job-seekers better to access employment, as well as entrepreneurial and educational opportunities. The study aims to map and analyze the private sector in Tbilisi, Samegrelo-Zemo Svaneti region (Senaki, Zugdidi, Tsalenjikha, and Poti municipalities) and Kvemo Kartli region (Marneuli municipality). The assessment methodology entailed a combination of desk research and qualitative study. During the desk research, the size of the market in each of the target regions was studied and, by using the economic potential component of the Smart Specialization methodology, a private sector assessment was conducted. Smart Specialization1 is an approach that has been elaborated by the European Union (EU), and is widely used when analyzing national and regional competitiveness.
This year marks the 25th anniversary of the establishment of diplomatic relations between the Republic of Korea and Central Asian countries. During the 25 years since the establishment of diplomatic relations, Korea and Central Asian countries have maintained friendly relations on the basis of mutual trust in various spheres, including politics, economy, society and culture.
It is crucial for the success of the ASEAN Community to strengthen and build its intra-regional connectivity. This will lead to more investments in business and industry towards a more inclusive region.
The ASEAN Maritime Forum and Expanded ASEAN Maritime Forum have been hailed as apt back-to-back venues for regional cooperation on maritime issues. Their future, however, is now uncertain.
The Korea Institute for International Economic Policy (KIEP) hosted an international seminar titled "Temporary Separate Operation of South and North Korean Economies after Unification" on October 28th at the Westin Chosun Hotel, Seoul.
The ASEAN Community was officially launched at the end of 2015, together with the ASEAN Economic Community (AEC) Blueprint 2025. The latter envisions ASEAN as a competitive and globally-connected region, which also has a voice in global economic fora. But given the wide development gaps within ASEAN, combined with its extremely weak institutional base and its weakening leadership role in East Asian economic cooperation, there is much uncertainty about whether ASEAN can realize its ambitious target of becoming a single market and maintaining its centrality. As trading partners, China has since 2009 been ASEAN's largest, while ASEAN has since 2010 been China's third largest. China further vowed to deepen China-ASEAN relations at the 13th China-ASEAN Expo and China-ASEAN Business and Investment Summit held in Guangxi on 11 September 2016. Chinese Vice-Premier Zhang Gaoli pledged that "China will firmly support the building of ASEAN Community, support ASEAN's central role in regional cooperation, and support ASEAN to play a greater role in international and regional affairs". But for ASEAN, the most pressing question is how China and its initiatives can assist ASEAN member countries achieve their development priorities. In other words, to what extent can the OBOR initiative synergize with the AEC Blueprint 2025, provide new momentum for AEC and strengthen ASEAN's central position within the new wave of regional economic integration in Asia Pacific?
The area of the Eurasian continent north of the Korean Peninsula not only has special historical-cultural significance for the Korean people, but is also important in terms of national security and the economy of the Republic of Korea. Bearing these facts in mind, the present Korean government has been pursuing the Eurasian Initiative Policy to strengthen relations with countries in this region. It is perfectly reasonable that Korea's Eurasian Initiative Policy focuses especially on the Russian Far East and the Chinese Northeast Provinces, where large-scale regional development has been underway. As development plans in both regions are mainly aimed at modernizing regional industrial structure, numerous industrial complexes and infrastructure are currently being constructed with the intention of increasing efficiency in production and transportation networks across the two regions.
As we begin 2015, attention turns to the ten Southeast Asian nations and their concrete 'deliverable' of an ASEAN Economic Community (AEC) on 31 December. Understandably, questions have been raised as to whether the AEC can be successfully achieved. This paper tries to provide an answer to this by arguing that one should not judge the AEC solely by its economic outcomes and the issue of whether the AEC can be attained in its entirety by the deadline. Rather, one should also evaluate the AEC against its ability to serve the region's strategic goals of economic coherence in dealing with the international community as well as maintaining ASEAN centrality.