Economics, Health, Social development and protection

Networks and technologies to assist the vulnerable during the pandemic

Using networks and technologies to assist the vulnerable during the COVID-19 crisis
Developed countries can use advanced social security systems to protect households from the economic effects of the COVID-19 pandemic, but developing countries face a bigger challenge. They typically have a large informal sector and limited social security coverage, which hinder the delivery of assistance at short notice. Yet, developing Asia is better equipped to cushion the economic impact of the current crisis compared to the global financial crisis of 2008.

Economics, Health, Social development and protection

Improve handwashing access to combat COVID-19

Improve Handwashing Access to Combat COVID-19
Medical experts and institutions tell us that a critical but simple lifesaving action to reduce vulnerability to COVID-19 is literally in our own hands—regular handwashing with soap. Public awareness efforts underscore the need for greater behavioral compliance.

Economics, Health, Social development and protection

Recovering from shocks is what Asia knows best

Recovering from shocks is what Asia knows best
Unimaginable setbacks to Japan nine years ago from the triple disasters of the earthquake, tsunami, and Fukushima emergency were used to pioneer new approaches to regional development and integrated reconstruction to build back better, safer, and greener.

Economics, Finance sector development

Characterizing financial cycles: Are emerging markets different?

Characterizing financial cycles: Are emerging markets different?
A feature of the academic literature on financial cycles relates to the fact that it almost exclusively focuses on selected advanced economies, the findings of which may not necessarily hold for emerging economies. Global capital flow developments and monetary policies in advanced economies mean that financial cycle dynamics may differ substantially in emerging economies, not only in terms of turning points but also with regard to which asset market cycle best characterizes the financial cycle.

Economics, Energy

Economic integration and energy efficiency for energy security in ASEAN

Economic integration and energy efficiency for energy security in ASEAN
The security of energy supply is crucial for rapid growth in Southeast Asia, but it is being increasingly challenged by the region’s fast-growing energy demand. This high demand can be explained by improvements in energy access as well as population and economic growth.

Economics, Transport, Urban development

Measuring the economic and social impacts of high-speed rail

Measuring the economic and social impacts of high-speed rail
The scale of investments in high-speed rail (HSR) raises questions about the most appropriate methods of appraisal. Increasingly the reliance on conventional cost–benefit analysis, based essentially on the direct benefits to users and the direct costs to operators, has been questioned.

Finance sector development, Governance and public sector management

Systemic power imbalances in responsible investments

Systemic power imbalances in responsible investments
The recent surge of interest in environmental, social, and governance (ESG) investments has brought with it closer scrutiny of the way in which ESG factors are evaluated as conditions before an investment can be categorized as such. Environmental factors have been receiving a lion’s share of the attention in these investments, which have been riding on the institutional clout lent unto them by green growth.

Governance and public sector management, Industry and trade, Information and Communications Technology, Private sector development

The value creation potential of platforms

The value creation potential of platforms
The rapid success of modern platforms is a testament to their ability to scale efficiently to the needs of many while providing an undeniable and significant advantage over the older methods that had so far dominated value exchanges. Powered by the public Internet and robust local connectivity, digital platforms rose to the challenge of developing newer, more efficient alternatives in their respective focus areas.

Economics

Macroeconomic stabilization in the digital age: What should policy makers be aware of?

Macroeconomic stabilization in the digital age: What should policy makers be aware of?
The rise of the digital age has created challenges for policy makers around the globe in managing their economies. Early work on this issue by Cecchetti (2002) noted that macroeconomic management becomes more complex in an environment of digitalization given shifting trend productivity and difficulties in estimating potential output.

Finance sector development, Information and Communications Technology

Closing the gender gap in peer-to-peer lending

Closing the gender gap in peer-to-peer lending
Financial inclusion for women has been embraced by policy makers as an important development priority. However, despite women having lower risk preferences and higher creditworthiness, the gender gap in access to finance is still prevalent in the traditional credit market. This is due to various factors, such as differences in employment opportunities, legal obstacles, cultural norms, and limited access to the guarantee mechanism, among others.