The Australian APEC Study Center at RMIT University hosted a capacity building course from 16-18 May on policies and tools to improve supply chain connectivity in the Asia Pacific region. The course, held in Ho Chi Minh City, Viet Nam, sought to enhance the capacity of government officials to analyze chokepoints (policy impediments) causing supply chain inefficiencies that lead to significantly higher trade costs. The course was targeted to mid-to-senior level officials involved in international trade and development from APEC member states. Members from the research community were also in attendance.
John S. Wilson, DECTI lead economist, led two workshops during the course. The first session focused on data and indicator work he is leading at the World Bank that measures and evaluates supply chain efficiency. This first presentation outlined key research on the economic gains from implementing reforms that improves the efficiency of national and regional supply chains. The second session focused on practical tools to analyze impediments to supply chain performance. This second presentation detailed an ongoing project between the World Bank Research Department and APEC on developing a checklist that outlines concrete policies to reduce supply chain inefficiencies within the region.
Overall, these sessions provided tools for government officials to overcome persistent barriers to supply chain performance in line with their bilateral and regional trade initiatives. The workshops applied World Bank research insights to help policymakers structure sound solutions to move forward their trade and development agendas. The tools outlined in the course will assist governments to realize the APEC leader’s objective of a 10% reduction in supply chain transaction costs by 2015.