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Economics, Finance sector development

Plunging yen hit by widening interest rate differentials and rising commodity prices

plunging-yen
The yen’s safe-haven status has been called into question after sharp depreciations amid rising energy prices and widening global interest rate differentials relative to Japan.

Economics, Governance and public sector management, Health, Private sector development

Fight for survival: Indonesia’s hard-hit small informal firms struggle to outlast the pandemic

vegetable-stall-sales-manholding-chilies
A critical challenge in achieving inclusive growth is to formalize informal firms and non-contract-based employees.

Economics, Energy, Governance and public sector management, Health, Social development and protection

Measuring the impacts of COVID-19 in Central Asia

kazakhstan-photo
The COVID-19 outbreak has had wide-ranging impacts on the economies of Central Asia, with uncertainty and protective policy measures contributing to falling demand and supply.

Economics, Environment, Finance sector development, Governance and public sector management

Supporting blue skies through green development loans

afternoon-beijing-skyline
Close collaboration, innovative project design, and technical and management capacity building have supported green development and air quality improvement by the People’s Republic of China (PRC) and the Asian Development Bank (ADB).

Economics, Environment, Finance sector development, Governance and public sector management

Central banks lead the way on green monetary policy

green-city-landscape
Central banks are becoming increasingly aware of the importance of considering climate change risks, such as physical and transition risks, and some have already launched monetary policy initiatives within the mandate of price stability.

Economics, Finance sector development, Industry and trade, Information and Communications Technology

Harnessing digitalization on the path to sustainable economic development in Asia

digital-city-illustration
Digitalization is helping to transform economies by enhancing economy-wide competitiveness and productivity, with trade being an important channel. The use of big data and the emergence of online platforms have further bolstered the progression of the digital economy, particularly in Asia.

Economics, Environment, Information and Communications Technology, Infrastructure, Social development and protection, Urban development

Levelling up innovation in Asia

Astana, Kazakhstan
Innovation is playing a vital role in the economic, social, and environmental progress of Asia and the Pacific and has been an important factor in the region's rapid and successful transformation. However, many countries in the region lag behind, innovating at a fraction of the pace as countries in similar or even lower income groups.

Climate change, Economics, Energy

Carbon pricing’s potential to reduce emissions in Australia offers lessons for Asia

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The COP26 summit in Glasgow in November 2021 brought the global community together to accelerate action toward meeting the goals of the Paris Agreement and the United Nations Framework Convention on Climate Change (UNFCCC). However, achieving these goals will not be possible without effective carbon pricing.

Economics, Infrastructure, Social development and protection, Transport

Balancing the Spillover Effects of High-Speed Rail Infrastructure Investment in Asia

Balancing the Spillover Effects of High-Speed Rail Infrastructure Investment in Asia
Comprehensive infrastructure projects have proven to be efficient in reducing poverty, community burdens, and production costs and raising competitiveness within and between regions. However, investment in specific forms of infrastructure can help balance the trade-offs between huge infrastructure demand and scarce financial resources, especially in developing countries.

Climate change, Economics, Environment

After COP26, developing Asia’s challenge is meeting ambitious climate commitments

Together for our planet
Developing Asian countries, such as Indonesia, Kazakhstan, Thailand, and Viet Nam, have announced their net-zero carbon emission targets by mid-century at the United Nations Climate Change Conference (COP26) in Glasgow, Scotland, and financing climate change mitigation has been at the forefront of discussions for making ambitious climate action a reality.