Project Title

Input Papers / Preparations for Structural Reform Ministerial Meeting (SRMM) 

Project Year

2019   

Project Number

EC 05 2019A 

Project Session

Session 2   

Project Type

Standard 

Project Status

Completed Project   
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Project No.

EC 05 2019A 

Project Title

Input Papers / Preparations for Structural Reform Ministerial Meeting (SRMM) 

Project Status

Completed Project 

Publication (if any)

 

Fund Account

APEC Support Fund 

Sub-fund

ASF: Renewed APEC Agenda on Structural Reform (RAASR) 

Project Year

2019 

Project Session

Session 2 

APEC Funding

144,000 

Co-funding Amount

8,000 

Total Project Value

152,000 

Sponsoring Forum

Economic Committee (EC) 

Topics

Structural Reform 

Committee

Economic Committee (EC) 

Other Fora Involved

 

Other Non-APEC Stakeholders Involved

 

Proposing Economy(ies)

Viet Nam 

Co-Sponsoring Economies

Australia; Canada; New Zealand; Chinese Taipei 

Expected Start Date

01/08/2019 

Expected Completion Date

31/12/2020 

Project Proponent Name 1

Nguyen Anh Duong 

Job Title 1

Director 

Organization 1

Department for General Economic Issues and Integration Studies, Central Institute for Economic Management 

Postal Address 1

Not Applicable 

Telephone 1

(84) 912610153 

Fax 1

Not Applicable 

Email 1

anhduong510@yahoo.com; aduong@mpi.gov.vn  

Project Proponent Name 2

Not Applicable 

Job Title 2

Not Applicable 

Organization 2

Not Applicable 

Postal Address 2

Not Applicable 

Telephone 2

Not Applicable 

Fax 2

Not Applicable 

Email 2

Not Applicable 

Declaration

Nguyen Anh Duong 

Project Summary

The Renewed APEC Agenda for Structural Reform (RAASR) ends in 2020. APEC’s next structural reform program for 2021-2025 will be endorsed at the Structural Reform Ministerial Meeting (SRMM), which is expected to be held on the margins of SOM3 2020. It should build on lessons learned from the RAASR, other prior structural reform programs and take into account the challenging policy landscape that APEC economies face, including the need to ensure that laws and institutions are fit for purpose, and that policy approaches contribute to inclusion and efforts to assist firms and workers to adapt to an ever-shifting global economic environment. It also directly contributes to APEC’s capacity building efforts in the area of structural reform.

A maximum of two consultants will be engaged to lead two activities:

1) A Policy Dialogue at EC1, focusing on structural reform themes and SRMM preparations, based on a consultant-led program of stakeholder engagement, including EC members and the PSU.

2) The preparation of several input papers by the consultants, taking into account RAASR outcomes and including recommendations to inform the next APEC structural reform program.

Relevance

Relevance – Region: Structural reform is about removing structural barriers so that people can have better access to economic opportunities while minimizing market distorting behavior. It consists of improvements to institutional frameworks, regulations and government policies so that the efficient functioning of markets is supported, and behind-the-border barriers are reduced.

APEC’s Economic Committee (EC) has a mandate from APEC Ministers to pursue structural reforms under the RAASR, which runs from 2016-2020. The EC’s core structural reform areas include regulatory reform, competition policy, ease of doing business, public sector governance, corporate governance, and strengthening economic and legal infrastructure. Prior structural reform programs included the 2004 Leaders' Agenda to Implement Structural Reform or LAISR, and the APEC New Strategy for Structural Reform or ANSSR (2010-2015). Under these frameworks, member economies have developed individual action plans (IAPs) tailored to domestic reform needs. APEC’s structural reform program has supported APEC economies effectively in their efforts to strengthen market efficiency, boost resiliency and foster greater inclusion. However, structural reform remains a continuous process. It is important to ensure that improvements in governance are not reversed and that regional cooperation and spillover effects are maximized, in order for economies to more effectively deploy structural reforms and harness the power of markets in the context of the benefits and challenges posed by disruptive technologies (digital economy and IR 4.0) and related regional and global economic uncertainties. The new structural reform agenda would shape the work of the EC, other APEC bodies and individual economies through their IAPs for the 2021-2025 period and beyond. It should do so by incorporate an appropriate, well-considered balance of emerging issues and existing core structural reform priorities of EC.

Viet Nam proposes to implement a one-year project to assist the EC to scope and develop priorities for the new five-year APEC structural reform program, and prepare for the Structural Reform Ministers’ Meeting (SRMM) in 2020. A maximum of two consultants will be engaged to undertake consultation with the EC and PSU on structural reform themes and SRMM preparations. This will inform a Policy Dialogue at EC1, 2020, and the SRMM preparatory meeting on the margins of SOM2 in Malaysia 2020. The consultants will also draft several input papers on the structural reform themes endorsed by EC, including recommendations for the new structural reform program, proposed improvements to benchmarking and capacity building approaches and cross cutting issues, as well as how the Economic Committee can support APEC’s broader work. These input papers will  take into account the PSU-led final review of RAASR (subject to availability of draft/final review report). The number of input papers will depend on the outcomes of the consultant’s consultation with the PSU and EC.

The project’s outcomes/results will thus play a key role in strengthening and developing future structural reform efforts in the Asia-Pacific.

Relevance – Eligibility and Fund Priorities: The project supports RAASR Sub-fund priorities in that the papers will shape the development of the successor to the RAASR. In that regard it meets Sub-fund eligibility criteria by supporting IAP implementation for all APEC economies, focusing on the capacity building needs of APEC economies. The input papers may also provide recommendations on how to incorporate emerging issues (digital economy, women in the economy, inclusive growth, etc.) into the EC’s on-going work programs as well as to enhance the outcomes of such work programs.

Relevance – Capacity Building: The Project will lay the foundation for the APEC agenda on structural reform for the 2021-2025 period. In the planning of the Policy Dialogue (PD) and the terms of reference of the input papers, the needs of all APEC economies will be taken into account. The input papers should refer to capacity building efforts in the RAASR during 2016-2020, so as to recommend relevant substances of capacity building program for structural reform beyond 2020. Under EC guidance, the input papers may look into cross-fora collaboration to build capacity for structural reform in some important sectors (such as services, good regulatory practices (GRP), digital economy, women in the economy, etc.).  Improvements in the EC’s ability to implement projects, measure progress and incorporate complex emerging challenges into structural reform will directly support the EC’s capacity building efforts.

Objectives

The Project will contribute to shaping APEC’s next structural reform program for the 2021-2025 period, and assist the EC’s preparations for the SRMM in 2020. An improved structural reform program will not only strengthen EC efforts to provide capacity building to implement core structural reforms (ease of doing business, regulatory reform, competition policy and law, public sector governance, corporate law and governance, strengthening economic and legal infrastructure), but will also provide tools to address emerging and/or cross-cutting challenges, such as those posed by the digital economy, infrastructure gap, the need to promote inclusive growth, etc. In addition, the new structural reform program should engage APEC member economies more effectively, for example by incorporating innovative new approaches to capacity building in both developing IAPs and leveraging outcomes from implementing such IAPs.

Alignment

Alignment - APEC:  Structural reform initiatives have built on the Economic Committee's success in raising awareness of the significance of "behind-the-border" policies for growth, innovation, efficiency and inclusion. While EC-led, the importance of structural reform has been recognized and mentioned in other work undertaken by APEC, including Leaders' Agenda to Implement Structural Reform (LAISR); APEC New Strategy for Structural Reform (ANSSR); and the on-going RAASR. The 2018 APEC’s Chair Statement “…recognises the critical importance of structural reform as a driver to strengthen inclusive, innovative and quality economic growth…”. The 2017 APEC’s Leaders Declaration “…underscores that structural reform is key to balanced, sustainable, innovative and inclusive growth, job creation, productivity and competitiveness…”

There are also strong complementarities among the work of APEC fora on structural reform, including those initiated by the Committee on Trade and Investment (CTI), the EC, the Finance Ministers' Process (FMP), Senior Finance Official Meeting (SFOM), the Human Resource Development Resource Development Working Group (HRDWG) and the Policy Partnership on Women and Economy (PPWE). As previously mentioned, the input papers will also look into cross-fora collaboration on key issues (e.g. services, GRP, digital economy, women in the economy, etc.). In that way, structural reform and policies on trade, investment, finance, gender empowerment, etc. are mutually reinforcing to support market efficiency, economic integration and improved productivity.

Alignment – Forum: The Project aligns with the EC’s core mandate on structural reform, including under the Leaders' Agenda to Implement Structural Reform 2010 (LAISR), APEC New Strategy for Structural Reform (ANSSR), and RAASR. In its agenda, the EC has paid significant interests on promoting, protecting and sustaining structural reform to improve market efficiency, promote inclusive growth and engage wide stakeholder participation in the decision-making process.

By contributing to the development of the next structural reform plan, the project directly supports the EC’s core mandate and preparations for the SRMM in Malaysia in 2020. In addition to enhancing EC’s work on core structural reforms, the project will contribute to setting new objectives and milestones for the 2021-2025 period and help to incorporate emerging work areas/issues into the EC’s work. Whilst making appropriate use of recently completed work of EC (such as APEC Economic Policy Reports, various policy dialogues and workshops, etc.) on some emerging issues (e.g. digital economy), the PO under EC guidance will strive to encourage/promote fresh thinking and articulation of new structural reform priorities in the next five years. With more concrete program developed through a process engaging other fora and international organizations (such as Organization for Economic Cooperation and Development (OECD), United Nations Commission on International Trade Law (UNCITRAL), etc.), the EC’s capacity to deliver outcomes of structural reform will be significantly improved.

The Project, thus, presents an effort to both further extend and improve implementation of EC initiatives on structural reform, aiming to support balanced, sustainable, innovative and inclusive growth. In the Project, EC may continue to engage other fora, working groups under APEC and international organizations where appropriate to acquire more insights, consensus and support to structural reform work. In return, EC will devise work plans to implement core structural reforms (ease of doing business, regulatory reform, competition policy and law, public sector governance, corporate law and governance, strengthening economic and legal infrastructure) to support other fora and working groups in jointly contributing to inclusion, prosperity, innovation, or other newly emerging issues of relevance in APEC beyond 2020.

TILF/ASF Justification

Not Applicable.

Beneficiaries and Outputs

Outputs:

1) Input papers that analyse RAASR-related topics as well as broad cross-cutting issues, and make recommendations on APEC’s next structural reform program for consideration by SRMM. A minimum of 3 topics – to be decided by EC and RAASR Action Team – would be required as coverage of the input papers. The papers are expected to build on lessons learned from the RAASR, taking into account the PSU’s final review of RAASR (which will be delivered in the second half of 2020, subject to availability of draft/final review reports) and other prior structural reform programs, and will focus on the challenging policy landscape that APEC economies face, including the need to ensure that laws and institutions are fit for purpose for the digital economy, and that policy approaches contribute to inclusion and efforts to assist firms and workers to adapt to an ever-shifting global economic environment. A separate survey of members under this Project is not possible, but the RAASR Action Team and consultant(s) may add questions to the EC survey of members on final review of RAASR (by 2020). While possibly making use of EC members’ final review of RAASR, the consultants should develop at least 2 rigorous case studies per topic. Terms of reference for the inputs papers will be developed in a way that engage EC members, PSU and other groups under EC (including FotCs, Informal Roadmap Group on Digital Economy, Core Team on APEC Economic Policy Report) and other fora, working groups of APEC to avoid duplication and ensure linkages/coherence of structural reform work. Interim input papers will be submitted in time for the policy dialogue within EC1 in 2020 and the SRMM preparatory meeting on the margins of SOM2 in 2020, before finalization for endorsement at EC2 and SRMM on the margin of SOM3 in 2020. A maximum of two consultant(s) will be engaged by the Project Overseer following normal APEC procedures.

The final input papers must be proofread to ensure use of standard English, and compliance with the Guidebook on APEC Projects, the APEC Publication Guidelines and the APEC Logo Guidelines, and use of APEC nomenclature rules, before submission to APEC Secretariat as APEC publication.

2) A Policy Dialogue (around 2-3 hours within EC plenary meeting on the margin of SOM1 2020) on sharing key findings of the input papers and exchanging of ideas/suggestions for improvement and/or recommendations on next structural reform agenda (key pillars, priorities, working programs, quantitative indicators for monitoring, etc.). The policy dialogue will make use of the interim input papers prepared by the consultants.

3) Presentations by consultants at the SRMM preparatory meeting on the margin of SOM2 in 2020.

4) A proposal on the structural reform agenda for the 2021-2025 period will be drawn from the input papers under this Project (and other works of EC and APEC fora, such as APEC Economic Policy Reports, FotC deliverables, etc.) for comments and/or discussion at SRMM, which then will be incorporated in the Joint Ministerial Statement at the conclusion of SRMM.

Outcomes:

1) An enhanced awareness of the current stage, emerging challenges, and the need for adaptive, collaborative, self-fulfilling and innovative approaches to structural reform in APEC for the 2021-2025 period.

2)  Reaffirmed high level support, continuity and visibility of APEC’s structural reform agenda.

3) Guidance for economies on identifying and implementing structural reform priorities in APEC-wide region as well as IAPs of APEC economies; effectively addressing structural reform challenges by providing recommendations in both medium and long-term, utilizing appropriate tools, etc.

4) Enhanced capacity to qualitatively and quantitatively assess structural reform progress.

5) Identify areas for capacity building and closer collaboration with other APEC fora.

Beneficiaries:  The consultants will interact with RAASR Action Team, PSU, EC members, FotC leads under EC to the best extent possible, so as to learn the experiences and develop ideas of/inputs for structural reform beyond 2020. Beside APEC economy representatives and recruited consultants, the policy dialogue under this Project may involve representatives of international organizations, business community, academia and government policy experts. These will be direct participants as well as primary beneficiaries of the project. In particular, international organizations with relevant expertise in structural reform will be encouraged to participate in the policy dialogue and provide substantive inputs to the input reports as appropriate. A maximum of two consultant(s) will be engaged by the Project Overseer following normal APEC procedures. For both the PD and the hiring of consultants, there will be appropriate consideration of gender equality.

As the Project will support the development of APEC’s next five-year structural reform program, to be endorsed by the SRMM, APEC economies will directly implement the program for its stakeholders. Specifically, officials responsible for structural reform and other stakeholders in APEC economies may be secondary beneficiaries. Structural reform ministers of APEC member economies may instruct the incorporation of structural reform program (including inputs from this Project) into domestic work plans. There may be a follow-up initiative to build capacity for APEC member economies to develop IAPs to implement structural reform beyond 2020, similar to the efforts by the EC after ANSSR and RAASR. This will translate structural reform work into each member economy, taking into consideration the emerging challenges and needs of the new global and regional context. As the PO will ensure substances of input on gender aspect (i.e. how structural reform benefit women and women-led enterprises, etc.).

Dissemination

Interim and final input papers will be shared with EC members and relevant stakeholders for comments, suggestions, and endorsement. After endorsement, the input papers will be published on APEC meeting document database, following the normal APEC procedures.

Interim input papers and proposal on structural reform agenda for the 2021-2025 (covering key pillars, priorities, etc.) will be discussed at the policy dialogue within EC1 in 2020 and at the SRMM preparatory meeting on the margin of in SOM2 2020 in Malaysia (Sabah) in May 2020 for comments and improvements before being endorsed by EC and SRMM on the margin of SOM3 in 2020.

All project materials (including agendas and presentations at the Policy Dialogues, etc.) will be submitted to APEC Secretariat for record in Meeting document database.

The process of preparation and finalization of input papers will strictly follow APEC guidelines. In particular, the final input papers must be proofread to ensure use of standard English, and compliance with the Guidebook on APEC Projects, the APEC Publication Guidelines and the APEC Logo Guidelines, and use of APEC nomenclature rules, before submission to APEC Secretariat as APEC publication (This requirement will be made explicit in the Terms of Reference to consultant(s)).

Monitoring reports (mid-term report and completion report) will be submitted to APEC Secretariat periodically to evaluate progress of the Project.

Gender

The project will be implemented with an appropriate consideration on gender equality. Female participation has been and will be encouraged in all stages of project, including preparation of concept note and project proposal; and later implementation process (i.e. supporting staff, short-term clerk, participants at the policy dialogue, consultants, etc.)

In extending invitation to member economies, international organizations and other stakeholders to nominate speakers to the policy dialogue and selection of consultants for input papers, the PO will make all efforts to ensure a gender balance amongst participants. Female participation is expected to account for about at least 30% of the participants in the Policy Dialogue (within EC Plenary on the margin of SOM1 2020). The PO will work with RAASR Action Team and EC members to ensure at least 1 consultant being female.

In collaboration with the PPWE and building on completed EC work on structural reform and gender, the input papers will take appropriate consideration of structural reform and gender. Existing and newly proposed case studies of how structural reform measures can contribute to unlocking the full potential of women’s economic participation to promote inclusive and sustainable growth will be considered. To the best extent possible and in coordination with other EC team (such as Informal Roadmap Group on Digital Economy, Core Team on APEC Economic Policy Report), input papers will also identify gaps and propose policy measures on women’s economic empowerment for structural reform agenda for APEC in the next period. In this regard, the discussion on women’s economic empowerment will form an explicit part of the terms of reference to the recruited consultants, and will closely be monitored as the consultancy contracts proceed. The PO will work with EC members to include a presentation on Structural Reform and gender in the Policy Dialogue within EC plenary on the margin of SOM1 2020.

PO is committed to collect sex-disaggregated data for all speakers and participants (and not only the APEC funded) from the project event. This data will be included as part of the submission of the Completion Report to the Secretariat when the project completes and will serve to guide future POs on their own gender parity targets.

As per Appendix G of the Guidebook on APEC Projects, this Project contributes to three pillars of Gender criteria, namely: (i) access to markets; (ii) skills, capacity building, health; and (iii) innovation and technology.

Work Plan

Time

Tasks

Deliverables

November-December 2019

- Project proposal is approved for funding.

- Structural reform themes are identified and endorsed by EC for the purpose of recruiting consultants.

- Develop Terms of Reference (ToRs) for a maximum of two consultants to prepare input papers for SRMM.

- Circulate ToRs for comment and endorsement by EC

- Finalize ToRs and publish on APEC website to recruit consultants.

TORs for recruiting consultants

December 2019 – January 2020

- Selection of consultants

- Negotiation of contracts for consultants

- Consultants prepare outlines and work plans

- Contracts awarded to and signed by consultants;

- Outlines and work plans by consultants.

January 2020-February 2020

1.      

- Consultants begin to work on input papers.

- Identify topics and potential speakers to the PD in EC1 of 2020;

- Invitations extended to speakers to the PD in EC1.

2. Organize a PD to present/discuss key preliminary findings and initial proposals/initiatives for the next structural reform program (2021-2025 period).

- Interim input papers to submit to EC;

- Presentation slides for policy dialogue within EC1.

3.     - Policy dialogue within EC1

March 2020-April 2020

- Consultants revise input papers for SRMM Preparatory Meeting.

- Submission of APEC Project Monitoring Report.

- APEC Project Monitoring Report due by April 2020;

- Interim input papers to submit to EC (RAASR Action Team);

- Presentation slides for SRMM Preparatory Meeting on the margin of SOM2.

May 2020-July 2020

Consultant revise input papers for final submission

- Final input papers submitted to EC and SRMM for endorsement.

- A summary of key proposals for structural reform beyond 2020 drawn from final reports.

August 2020

SRMM and EC consider and endorse input papers and proposal for structural reform beyond 2020.

Endorsement of input papers and proposal for structural reform beyond 2020.

September-December 2020

Finalization of input papers for submission to APEC.

Published papers;

Within two months after Project Completion Date

Submission of APEC Project Completion Report and all supporting documents.

APEC Project Completion Report and all supporting documents.

6-12 months after Project Completion Date

Participation in the Long Term Evaluation of APEC Projects conducted by the Secretariat

Responses to Evaluation survey.

Risks

Timeline

Activity

Output

Risk

Management of Risk

December 2019-January 2020

Select consultants

Recruitment of consultants

Unavailability of suitable consultants (Medium risk)

The PO works closely with relevant stakeholders to identify several alternatives and communicate to them in advance of the tentative requirement (contents, timing, etc.) so as to quickly secure the suitable consultants.

February 2020

Organize the Policy Dialogue within EC1 2020

Policy dialogue is organized

A policy dialogue in EC1 2020 is not approved (low risk)

The PO will start consultation early with relevant stakeholders (EC Chair, APEC Secretariat, etc.)  to gather support from different economies.

January-July 2020

Consultants prepare input papers

Draft input papers

Quality of draft input papers is not satisfactory (Medium risk)

The PO will coordinate with relevant stakeholders to ensure qualified and dedicated consultants right from the beginning, and will closely interact with consultants to track progress. A clear and agreeable milestone will be added in the contracts so as to ensure timely and satisfactory submission of interim/progress/final reports by the consultants.

July 2020

Submission of input papers for comments and endorsement

Input papers are submitted and endorsed

The submission of the input papers is delayed (low risk)

The PO will closely contact with the consultant and monitor the progress to avoid late submission.

The input papers is not approved (low risk)

The PO will ensure engagement of EC members from the selection of topics to final stage to ensure the input papers are relevant and acceptable to EC members.

Monitoring and Evaluation

Outputs/Outcomes

(from Section B)

Indicator(s)

Outputs

Input papers

- Number of input papers (target: at least 2 input papers);

- Number of topics, cases, etc. (targets: at least 3 topics, 2 rigorous case studies per topic);

- Number of recommendations to EC and SRMM (target: 8 recommendations).

- Ratio of female consultants (target: at least 50%);

- Timing of submission relative to timeline.

Policy dialogue

- 1 policy dialogue within EC1 on the margin of SOM1 2020;

- Number of presentations (target: 5 presentations, including by the consultants and by APEC member economies on self-funded basis);

- Sex-disaggregated data on participants and speakers (target: at least 40% of female participants).

- Participation of all economies.

Presentations by consultants

- Number of presentations (target:2 presentations at Policy Dialogue; 2 presentations during SRMM preparatory meeting);

- Number of recommendations to EC and SRMM (target: 8 recommendations).

- Number of gender-targeted recommendations (target: at least 3 recommendations).

Inputs to Structural reform agenda for 2021-2025

- Number of recommendations to EC and SRMM (target: 8 recommendations).

- Number of gender-targeted recommendations (target: at least 3 recommendations).

Outcomes

Enhanced awareness

- Proportion of participants with improved awareness (target: at least 75% of direct participants having improved or significantly improved awareness);

- Number of follow-up actions and priorities under IAPs of members (target: 60 priorities and 100 actions);

- Identified via survey after the SRMM (number of responses by participants is also included) for inclusion in monitoring and completion reports.

Reaffirmed high level support

- Number of recommendations endorsed by SRMM for inclusion in structural reform program for 2021-2025 (target: 8 recommendations).

- Number of actions toward structural reform and gender (target: 3 recommendations).

- Follow-up actions in APEC member economies for structural reform (especially gender empowerment) (target: 21 actions by members).

Guidance for economies to implement structural reform

- Number of actions toward structural reform and gender (target: 21 actions by members);.

- Follow-up actions in APEC member economies for structural reform (especially gender empowerment) (target: 21 IAPs of all members).

Enhanced capacity to assess structural reform progress

- Number of qualitative and quantitative indicators for assessing progress of structural reform program at both regional and economy levels.

- Number of gender-related indicators.

Capacity building

- Number of capacity building workshops on structural reform (target: 2 workshops);

- Number of female participants in capacity-building workshops (target: at least 40%).

Linkages

In recent years, the EC has collaborated on structural reforms with other APEC bodies such as the Human Resource Development Working Group (HRDWG), particularly in relation to the APEC Policy Report (AEPR). The 2018 and 2019 AEPRs were collaborations with Senior Financial Officials’ Meeting (SFOM) under Finance Ministers’ Process (FMP).

This Project will attempt to complement and build linkages with, rather than duplicating, various activities of APEC fora and working groups, EC and CPLG to promote structural reform agenda, such as the PSU’s Final Review of the RAASR. Specifically, the Project will build on past structural reform programs (LAISR, ANSSR and RAASR) and the EC’s current work to improve APEC’s next structural reform program. For example, the project will draw on the recommendations of the 2019 AEPR on Structural Reform and the Digital Economy, and others by Informal Roadmap Group on Digital Economy, to inform the approach to digital economy; the PSU’s mid-term review of RAASR; Final Assessment of the APEC’s Ease of Doing Business Second Action Plan 2016‐2018, etc. On-going works of the EC as well as other APEC fora, including the RAASR Action Team, Ease of Doing Business (EoDB) agenda, FotCs, etc. will be consulted as inputs for the reports and/or proposals/initiatives for next structural reform agenda.

Given the wide range of completed and on-going work in APEC related to structural reform, this Project will have ample scope for engaging stakeholders and participation of both APEC and non-APEC stakeholders. The recruitment of consultants for the input papers will go through a selection process in association with careful consultation with APEC economies, APEC secretariat, the EC, PSU and relevant stakeholders. Speakers at the policy dialogue may include representatives of APEC economies, the PSU, ABAC, international organizations, private sector, academic institutions, etc. The Policy Dialogue will be opened for all APEC and non-APEC representatives within EC1 2020. The PSU and EC members will peer review the input papers. In particular, the draft themes of input papers and policy dialogue will be circulated to EC with sufficient time for members’ consideration and comments.

As previously noted, the Project strives to incorporate an appropriate balance of both emerging issues (digital economy, inclusion, and other new issues that are articulated by the consultants under the guidance of EC) and existing core structural reform themes of EC into APEC’s next structural reform program. Accordingly, the Project will enable the EC to strengthen its collaboration with other APEC fora such as the Committee on Trade and Investment (CTI), FMP/SFOM, the HRDWG, PPWE and the Group on Services (GOS).

Sustainability

Recognizing that structural reform is a continuous process that must adapt to an ever-changing economic landscape and to overcome new challenges, the Project will provide a good snapshot of progress in various areas with linkages to RAASR and encourage deeper policy discussions among APEC members, particularly on measures to enhance APEC-wide and individual efforts on structural reform in the following years. The Project, thus, will exert an effort to contribute on sound structural reform policies that will help promote greater resilience to adverse goods market, commodity market and financial market shocks and therefore also help reinforce sound macroeconomic conditions. Insights from input papers for SRMM and the policy dialogue will enable APEC members and relevant bodies (the PSU, ABAC, etc.) to share perspectives, comments, suggestions and experiences on the benefits and political challenges of structural reform in the context of rapidly changing domestic economic, political and social conditions. And eventually, the Project contributes to improving APEC’s work on structural reform beyond 2020 by providing guidance for APEC and individual economies in order to identify suitable approaches to structural reform in the rapidly changing economic landscape (in particular the advancements of disruptive technologies, IR 4.0) and increasing uncertainties and/or vulnerabilities of the regional and global economy. The new structural reform agenda would shape the focused works of the APEC, EC, its cross-fora collaboration and individual economies’ plans in 2021-2025.

After the completion of the project, the SRMM is expected to endorse structural reform work beyond 2020, which identifies key pillars and priorities. Based on that, IAPs will be developed to meet specific needs of each APEC economy. Capacity building programs may be initiated to assist individual economies, in particular developing ones, in developing and implementing their IAPs in the 2021-2025 period.

Project Overseers

Mr. Nguyen Anh Duong is currently Viet Nam’s representative to the Economic Committee of APEC where he acts as the coordinator of the Friends-of-the-Chair (FotC) group on Corporate Law and Governance. He also leads Viet Nam’s structural reform under APEC framework. He has led five APEC-funded projects, namely the Capacity Building Program to Improve Appraisals of Public Investment Projects in Vietnam (in 2013), Building Capacity for Enhancing Competitive Neutrality to Support Price Liberalization for Essential Products in Vietnam (in 2015), Economics of Competition Policy (in 2017), Promoting the use of economic evidence for more effective competition policy and market functioning (in 2017-2018), and Building Capacity for Competition Assessment to Support Market Functioning in Viet Nam (in 2018-2019).

Mr. Nguyen Anh Duong holds a Bachelor of Economics and a Master of Economics, both from the Australian National University (Australia). He joined the Central Institute for Economic Management (CIEM) right after his graduation in 2004. With strong background in economics and econometric techniques, he has conducted (and led) many research papers and publications on Viet Nam’s trade, investment, economic integration, macroeconomic policies and structural reform. With extensive knowledge, good connection and enthusiasm, he will help ensure successful implementation of the project.

Cost Efficiency

Not Applicable.

Drawdown Timetable

Not Applicable.

Direct Labour

Not Applicable.

Waivers

Not Applicable.

Are there any supporting document attached?

No 
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Gender

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Are there any supporting document attached?

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