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Foreign direct investment and the digital economy
The Asia-Pacific Research and Training Network on FDI (ARTNeT) is one of three ARTNeT platforms supported by the Trade, Investment and Innovation Division ofESCAP. The other two platforms focus on Trade and Science, Technology and Innovation respectively.
The ARTNeT on FDI Working Paper Series disseminates the findings of work in progress to encourage the exchange of ideas on key FDI related issues. An objective of the series is to publish the findings quickly, even if the presentations are less than fully polished.The digital economy is now here to stay. The new technologies and modes of business it has created add immensely to speed, convenience, productivity, and transparency, boosting trade and GDP. This digital economy is fundamentally transforming the global economy and unleashing a Fourth Industrial Revolution that will disrupt the existing economic order. This disruption will both drive – and be driven – by shifts in global patterns of FDI as MNEs all over the world take to digital technology and modes of organization to compete. The digital economy is also driving sustainable development through more resource-efficient products, technological inclusivity, and new green technologies, speeding up global progress in meeting the goals of the 2030 Agenda for Sustainable Development.
This paper explores how countries can strategically harness FDI to build and expand their digital economies. It highlights that Investment Promotion Agencies (IPAs) will need to drive this effort by ‘going digital’ in two ways. They will need to tactically identify, target, and attract promising digital economy investors while also developing or upgrading the digital tools they use to reach and impactfully engage with potential foreign investors. In addition to this, the paper considers three fronts on which policies to attract FDI in the digital economy must focus, namely: digital infrastructure, digital business development and wider digital adoption. IPAs and policymakers must work closely together to develop an FDI strategy that promotes and facilitates investment in each on each of these fronts. Finally, the paper also considers how such a digital FDI policy can be especially relevant for more broadly supporting micro-, small-, and medium-sized enterprises (SMEs) and their integration into global and regional value chains.
This working paper is available at: https://artnet.unescap.org/fdi</p
How to design disability-inclusive social protection
This is the fifth in a series of policy guides developed to support policymakers and practitioners in Asia and the Pacific in their efforts to strengthen social protection.
This policy guide explains why social protection is important for persons with disabilities and introduces key concepts and schemes that are necessary for disability-inclusive social protection.</p
Annual report 2020 : the Asian and Pacific Centre for the Development of Disaster Information Management
The second Governing Council of APDIM in 2018 adopted Information and Knowledge Repository, Capacity Development and Regional Cooperation on TransboundaryHazards as the three key service areas for the Centre around which the activities for the period 2019-2021 were structured. The key service areas were aligned with the ESCAP strategic framework for disaster risk reduction subprogramme five which aimed at enhancing information and communications technology and disaster risk reduction and management.
The activities of the Centre expected to contribute to strengthening regional cooperation in disaster risk reduction for inclusive and sustainable development and improved knowledge and awareness of the Member States of effective policies and strategies in disaster risk reduction in the region for inclusive, sustainable and resilient development. </p
Exposure to hazards assessment based on ‘POP-to-GUF’ methodology : sequence of steps : an operational manual using QGIS
Prepared for Expert Group on Disaster-related Statistics for Asia and the PacificThis manual provides step-by-step instructions for implementing a methodology for calculating high resolution gridded-population and urban (built-up area) maps and statistics in GIS for overlay with the available maps of hazards (e.g. potential flood inundation maps) for estimating population exposure to hazards – one of the core components of disaster risk measurement. The methodology is implemented using freely available open source GIS software tools, in particular QGIS and related applications or plugins, most notably SAGA tools.
This manual developed by Jean-Louis Weber (Consultant) with Daniel Clarke (UNESCAP), Trevor Clifford (Consultant), and Gao Xian Peh (Consultant), with valuable feedback from the Disaster Management Agency of Indonesia (BNPB), the Dept. of Disaster Prevention and Mitigation (DDPM) of Thailand and the National Statistical Office (NSO) of Thailand.</p
Asia-Pacific tech monitor. Vol. 20, No. 4, Jul - Aug 2003
The growing importance of a regional approach / Armin Grunwald
The experience of India's TIFAC / Deepak Bhatnagar and Jancy A
How a German Delphi survey helped companies / Kerstin Cuhls
A Japanese case study involving Delphi-scenario writing / Akio Kameoka
Structuring it into the new-technology-based firm (NTBF) / Pascal Savioz, Martin Luggen and Hugo Tschirky
Strategies for small and medium enterprises in an IT economy / Koji Tanabe and Chihiro Watanab
An introduction to issuing thematic bonds
In the past few years, the fixed income markets have seen a substantial rise in green, social, sustainability, and Sustainable Development Goal (SDG) bonds. These bonds, referred to collectively as thematic bonds, are akin to common fixed-income securities. The main difference is that the projects financed from the issuance of such bonds aim to generate high environmental and social benefits. Thus, thematic bonds can contribute to implementing the 2030 Agenda for Sustainable Development.
The signing of the Paris Agreement in 2015 contributed to the emergence of green bonds. The Agreement brought the urgent need for global institutional investors to fight against climate change through capital investments based on sound environmental principles. Simultaneously, other types of fixed-income securities —social and sustainability bonds — emerged to offer solutions for other global challenges outlined by the SDGs. The socioeconomic consequences of the COVID-19 pandemic, and the resultant need for fiscal spending, have only increased interest in these instruments, including in countries in special situations. Issuing a thematic bond is a multifaceted process involving numerous steps issuers must follow.
This report aims to introduce the issuance of thematic bonds by describing the steps required by issuers. It illustrates the major processes involved in the issuance of thematic bonds, which can be categorized into four stages: (i) feasibility; (ii) pre-issuance; (iii) issuance; and (iv) post-issuance. The report provides practical guidelines for engaging in each stage of the process, explains critical actions that need to be undertaken in the issuance procedures, and outlines the unique dimensions and benefits that thematic bonds offer.1. Introduction2. Thematic bonds and their growing importance in Asia and the Pacific3. Feasibility Stage4. Pre-issuance Stage5. Issuance Stage6. Post-issuance Stage</p
VATIS update : ozone layer protection. Vol. 4, No. 2
VATIS Update Ozone Layer Protection is published 6 times a year to keep the readers up to date of most of the relevant and latest technological developments and events in the field of Ozone Layer Protection. The Update is tailored to policy-makers, industries and technology transfer intermediaries