Health, Poverty Reduction, Social Development and PovertyEconomics, Finance, TradeEconomics, GovernanceEconomics, Governance, Regional Cooperation, TradeFinance, Infrastructure, Regional Cooperation, TradeEnergyHealth, Information and Communications Technology, PopulationEnvironmentEconomics, Finance, Governance, TradeEconomics, Finance, Governance
By Prachi Gupta. Posted May 25, 2018
Indonesia’s subsidized rice program, RASKIN (also known as Operasi Pasar Khusus), constitutes the longest running and the largest in-kind transfer for poor households in Indonesia. In 2010, government expenditure on RASKIN accounted for 53% of the total household-targeted social assistance. What has been the impact of this program on child health in Indonesia? Our recent paper (Gupta and Huang 2018) is, in this regard, the first attempt in the literature to analyze this issue in the context of Indonesia. Read more.
By Danilo Valerio Mascia. Posted May 20, 2018
It is widely accepted that small and medium-sized enterprises (SMEs) represent the backbone of most economies. Not surprisingly, the story is mostly the same across the globe. For instance, Yoshino and Taghizadeh-Hesary (2014) report that SMEs account for almost 98% of all enterprises in Asia, offering jobs to around 66% of the workforce. In the European Union, the data offer a similar picture. In fact, SMEs represent 99% of all non-financial enterprises and account, on average, for 67% of total employment (European Commission 2017). Overall, such figures undoubtedly highlight how pivotal SMEs are for the functioning of the real economy. Read more.
By Azar Hasanli. Posted May 2, 2018
After the oil price crunch in mid-2014, Azerbaijan entered into a new stage of economic development. During 2004–2014, thanks to high oil prices, Azerbaijan achieved substantial growth rates, which were accompanied by improved social conditions and macroeconomic stability. Azerbaijan’s average annual growth rate during 2000–2013 of 11.3% played a key role in the improvement of the country’s international economic ranking. Read more.
Impact of Retaliatory Trade Enforcement Actions on the World Trade Organization and Trade Governance
By Soo-hyun Lee. Posted April 25, 2018
The international regulatory instruments in international trade boast a remarkable story of evolving sophistication. Their transformation from voluntary export restraint agreements showed that the world trade system was poised to keep pace with rapidly expanding trade ties and diversifying supply chains. To keep the reins on an increasingly dynamic global trade system, the General Agreement on Tariffs and Trade (GATT) sought to formalize instruments that would help keep trade balanced and fair by isolating international trade from government intervention, in alignment with the economic thinking of the period: neoliberal convergence. Read more.
By Grant B. Stillman. Posted March 30, 2018
Earlier this month, the Pacific trade pact was reborn in Santiago as the 11-nation Comprehensive and Progressive Agreement for Trans-Pacific Partnership. While the headlines have been dominated by the absence of the United States and the level of trade gains each nation hopes to enjoy, let’s focus here on three less-remarked-upon sections of this revised treaty among Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Viet Nam (the TPP11). Read more.
By Kapil Narula. Posted March 28, 2018
In 2015, all countries of the world agreed to adopt the 17 Sustainable Development Goals (SDGs) as a part of the 2030 Agenda for Sustainable Development. These goals came into force on 1 January 2016 and are aimed at ending poverty, protecting the planet, and attaining prosperity for all. The adoption of the goals was a unique achievement as they are applicable universally, and countries are making joint efforts to achieve them. Although the SDGs are not legally binding, countries are expected to take ownership and to voluntarily report their progress at the national level. Read more.
By Claude Bodart. Posted March 23, 2018
The rapid pace of aging in developed and developing countries, especially in Asia, requires data for informed decision-making to ensure the well-being of aging populations. But for many countries, data for sound policy-making, planning, and investment targeting have not been available. This has led to piecemeal public policies with little sense of priority. Read more.
The City Development Initiative for Asia, the Asian Development Bank, other multilateral agencies, and national governments are funding sewerage systems for medium and large cities throughout Asia. Even at “full” sewerage coverage, cities often find that some, if not many, buildings are still reliant on septic tanks, pits, or other onsite systems. For cities with or that are planning sewerage systems, co-treatment may enable citywide sanitation by minimizing the need for standalone fecal sludge treatment plants. Read more.
By Rajeev K. Goel. Posted March 13, 2018
Foreign direct investment (FDI) is attractive, especially for developing and emerging markets, as it brings new technologies and mitigates the constraints imposed by low domestic capital formation. Lawmakers enact various policies to make such investments attractive for foreigners, and businesses often actively seek foreign collaborators. India, for instance, under the present government, has been aggressive in seeking foreign investments through its “Make in India” campaign. Read more.
The People’s Republic of China (PRC) has been liberalizing its financial system for nearly 4 decades. While it now has a comprehensive financial system with a large number of financial institutions and large financial assets, its financial policies are still highly repressive. These repressive financial policies are now a major hindrance to the PRC’s economic growth (Huang and Wang 2011). Read more.
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- Is Indonesia’s subsidized rice program benefitting its children?
- Young Small and Medium-Sized Enterprises and Bank Credit Denials: Evidence from Europe
- What Do Structural Economic Reforms Promise for the Future of Azerbaijan?
- Impact of Retaliatory Trade Enforcement Actions on the World Trade Organization and Trade Governance
- Next generation of quality development and investment in the new Pacific trade pact
- Energy Efficiency: The Cornerstone for Achieving SDG 7 on
- Energy strategies must consider all parts of the ‘energy trilemma’ on
- Exploring the trade–urbanization nexus in developing economies: evidence and implications on
- Escaping the middle income trap: Innovate or perish on
- Hometown investment trust funds: A sustainable solution for financing green energy projects on