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Project economic analysis is a tool used by the Asian Development Bank (ADB) to ensure that ADB operations comply with its Charter. The guidelines in this publication are a revised version of the 1997 edition. The revision responds to the changing development context and ADB operational priorities, and aims to address the recommendations of the ADB Quality-at-Entry Assessments for more methodological work on project economic analysis. The revised guidelines provide general principles for the conduct of project economic analysis, and should be read together with handbooks, technical reports, and other reference materials published by ADB dealing with sector-specific project economic analysis in detail.

The Key Indicators for Asia and the Pacific 2017, the 48th edition of this series, includes the latest available economic, financial, social, and environmental indicators for the 48 regional members of the Asian Development Bank. It presents the latest key statistics on development issues concerning the economies of Asia and the Pacific to a wide audience, including policy makers, development practitioners, government officials, researchers, students, and the general public. Part I of this issue presents the current status of economies of Asia and the Pacific with respect to the Sustainable Development Goals based on selected indicators from the global indicator framework. This year's report also discusses results from an initiative to facilitate the compilation of statistics on asset ownership from a gender perspective. Part II comprises statistical indicators that capture economic, financial, social, and environmental developments. Part III presents key statistics and stylized facts on the phenomenon of global value chains.

Improving solid waste management is crucial for countering public health impacts of uncollected waste and environmental impacts of open dumping and burning. This practical reference guide introduces key concepts of integrated solid waste management and identifies crosscutting issues in the sector, derived mainly from field experience in the technical assistance project Mainstreaming Integrated Solid Waste Management in Asia. This guide contains over 40 practice briefs covering solid waste management planning, waste categories, waste containers and collection, waste processing and diversion, landfill development, landfill operations, and contract issues.

Infrastructure is essential for development. This report presents a snapshot of the current condition of developing Asia's infrastructure---defined here as transport, power, telecommunications, and water supply and sanitation. It examines how much the region has been investing in infrastructure and what will likely be needed through 2030. Finally, it analyzes the financial and institutional challenges that will shape future infrastructure investment and development.

The role of Aid for Trade (AfT) in promoting the growth and tradability of services is important, given that it is a major catalyst for inclusive economic and structural transformation. This report highlights emerging trends in AfT in the context of evolving trade performance in Asia and the Pacific. In particular, the impact of AfT on trade in services, thereby helping increase economic and job opportunities for women, and the rise of e-commerce. The report ends by considering policy implications of the experiences of geographically-challenged economies of the region along the dimensions of trade costs, AfT, trade in services, and the role of the digital economy.

The Asian Economic Integration Report is an annual review of Asia's regional economic cooperation and integration. It covers the 48 regional members of the Asian Development Bank. This issue's theme chapter is "e;What Drives Foreign Direct Investment in Asia and the Pacific?"e;

Economic zones have played a key role in economic development in many Asian economies and can be catalysts for economic development, provided the right business environment and policies are put in place. In Asia, special economic zones (SEZs) can facilitate trade, investment, and policy reform at a time the region is experiencing a slowdown in trade and economic growth. The Asian Economic Integration Report is an annual review of Asia's regional economic cooperation and integration. It covers the 48 regional members of the Asian Development Bank. This issue includes Special Chapter: How Can Special Economic Zones Catalyze Economic Development?

This comparative analysis report is part of ADB's regional research and development project on tax administration. The primary objective of the series is to motivate governments and revenue officials by sharing knowledge of important developments and trends in tax administration practice and performance, and to identify opportunities to enhance the operation of their tax systems.

The Asian Development Outlook 2013 estimates that regional economic growth in the Asia Pacific region will pick up to 6.6% in 2013 and reach 6.7% in 2014. This is a distinct improvement on 2012, when growth stood at just over 6%. Consumer prices are expected to rise by 4.0% in 2013 and 4.2% in 2014, up from 3.7% last year. Leading regional economies are settling into a pattern of more moderate, more sustainable growth, founded on new opportunities nearer to home, including domestic consumption and intra-regional trade. Meanwhile, Asia's contributions to global imbalances---its persistent current account surpluses---are smoothly winding down. Yet, developing Asia's recovery phase remains vulnerable to shocks. Strong capital inflows could feed asset bubbles, for example.

The annual Asian Development Outlook analyzes economic performance in the past year and offers forecasts for the next 2 years for the 45 economies in Asia and the Pacific that make up developing Asia. Most regional economies saw recovery propelled last year by higher external demand and rebounding global commodity prices. These factors will likely continue to support growth this year and next despite rebalancing in the People's Republic of China and tepid recovery in the advanced economies. Risks to growth stem from uncertain policy directions in the advanced economies, including an anticipated tightening of US monetary policy. While short-term risks appear manageable, spillover to capital flows and exchange rates require monitoring. Decades of rapid growth lifted most of developing Asia from low- to middle-income status. Sustained growth to escape the middle-income trap must come largely from improved total factor productivity, which is achieved by fostering entrepreneurial innovation and investing in human capital and infrastructure. The difficult transition from middle to high income further demands a sound institutional framework and policy environment anchored on macroeconomic stability. Developing Asia's dynamic yet sure-footed track record indicates that it can transcend the middle-income challenge.

The Joint Crediting Mechanism (JCM) is an emerging project-based bilateral offset crediting mechanism initiated by the Government of Japan to facilitate implementation of advanced low-carbon technologies for mitigating greenhouse gas (GHG) emissions in host countries. The Government of Japan has signed bilateral agreements with 16 countries for implementing JCM projects, including 10 developing member countries of the Asian Development Bank. As of September 2016, four of 15 projects registered as JCM projects have been issued JCM credits. JCM credits may be used to meet respective GHG emission reduction targets of relevant governments and project participants. This handbook provides project participants and stakeholders the procedural steps of JCM project development cycle leading up to the issuance of JCM credits.

Growth prospects in developing Asia are on the rise, buoyed by a rebound in global trade as solid recovery takes hold in the major industrial economies, and by strong investment demand. Also lifting regional prospects is growth in the People's Republic of China that exceeds expectations. Consumer prices are contained, and external balances under control, as global food and oil prices recover modestly. Risks to the outlook have become more balanced since April forecasts in this series. The advanced economies have so far avoided sharp, unexpected changes to their macroeconomic policies. Further, the fuel price rise is providing fiscal relief to oil exporters but is measured enough not to destabilize oil importers. To meet the region's infrastructure needs, developing Asia must mobilize $1.7 trillion annually. However, even factoring in funds saved through public finance reform or received from multilateral agencies, a significant financing gap remains. This Update highlights how public-private partnership can help fill the financing gap and improve infrastructure delivery by allocating risk to the party best able to manage it. Public-private partnership effectively marshals the private sector's most valued strengths to meet public sector objectives. Where appropriately implemented, this innovative tool can yield superior development results.

This document was prepared as a supplement to the Asian Water Development Outlook 2016. It provides background information and explanatory notes on the approach taken, assumptions made, and data used. The methodology itself has been developed by the Asian Development Bank (ADB) in cooperation with reputed scientific institutes who have co-authored the individual reports for each of the five key dimensions of water security. These five reports are integrated into this methodology report. This study was supported by ADB's Water Financing Partnership Facility.

The 47th edition of this series, includes the latest available economic, financial, social, and environmental indicators for the 48 regional members of the Asian Development Bank. It presents the latest key statistics on development issues concerning the economies of Asia and the Pacific to a wide audience, including policy makers, development practitioners, government officials, researchers, students, and the general public. Part I of this issue presents the current status of economies of Asia and the Pacific with respect to the Sustainable Development Goals based on selected indicators from the global indicator framework. Part II comprises statistical indicators that capture economic, financial, social, and environmental developments. Part III presents key statistics and stylized facts on the phenomenon of global value chains.

The Asian Water Development Outlook charts progress in water security in Asia and the Pacific over the past 5 years. This 2016 edition of the report uses the latest available data to assess water security in five key dimensions: household access to piped potable water and improved sanitation, economic water security, providing better urban water services to build more livable cities, restoring healthy rivers and ecosystems, and resilience to water disasters. The region shows a positive trend in strengthening water security since the 2013 edition of the report, when 38 out of 49 countries were assessed as water-insecure. In 2016, that number dropped to 29 out of 48 countries. This study was supported by ADB's Water Financing Partnership Facility.

Analyses economic performance in the past year and offers forecasts for the next two years for the 45 economies in Asia and the Pacific that make up developing Asia. This edition highlights the need to invigorate developing Asia's potential growth, whose decline since its 2007 peak explains much of the region's growth slowdown since the global financial crisis.

The challenging geography and poor infrastructure of many Pacific nations mean digital financial services (DFS) are a particularly effective means of enhancing financial inclusion in the region. However, a number of major challenges confront DFS in the Pacific, including the establishment of reliable agent networks and the building of sufficient consumer trust in DFS for it to become a viable payments channel. This report examines the current use of DFS in the Pacific, analyzes the issues that need to be addressed, and provides recommendations for increasing financial inclusion in the region. This publication was produced by the Pacific Private Sector Development Initiative, a regional technical assistance facility cofinanced by the Asian Development Bank (ADB), the Government of Australia and the New Zealand government.

Developing Asia faces considerable headwinds from slow recovery in the major industrial economies and moderating prospects for the large economies of the People's Republic of China (PRC) and India. Subdued demand from the industrial economies and the PRC has delayed the expected pickup in growth in other parts of Asia, including Southeast Asia's larger economies. The region must strengthen its resilience under external shocks. Macroprudential policy can engender enough independence in monetary policy to counter destabilizing capital flows, while a well-developed domestic financial system can alleviate dependence on external borrowing and thereby reduce risk from currency depreciation. The region must mobilize untapped resources to give growth a much needed boost. This Asian Development Outlook Update 2015 highlights how realizing women's equal rights and contributions to economic and political life can yield ample benefits. While the region has made considerable progress over the past several decades in closing gender gaps in health and education, much remains to be done to erase them in the labor market. This will both marshal more human resources to boost economic growth and do the right thing for women as individuals.

This report highlights emerging trends in Aid for Trade (AfT) and trade performance, and explores them in the context of the theme of the 5th Global Review of AfT: "e;Reducing Trade Costs for Inclusive, Sustainable Growth."e; Divided into four chapters, the introduction sets the stage by describing general trends in trade costs, AfT, and inclusiveness; Chapter 2 introduces the idea and opportunities of e-commerce for the region; Chapter 3 analyzes trends in trade costs in Central, East, South, and Southeast Asia; and Chapter 4 offers an in-depth case study of AfT and trade costs in the Pacific.

This guide serves as a reference for implementing performance-based road maintenance contracts in Central Asia Regional Economic Cooperation (CAREC) countries to promote effective and efficient maintenance of road networks.

Offers guidance on the principles, methods, and practice of impact evaluation. It contains material for a range of audiences, from those who may use or manage impact evaluations to applied researchers.

This report explores the role of technology in providing solutions to some of the key labour market challenges that Asian countries with progressive aging must face in order to boost productivity and sustain growth and development.