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Central banks in emerging Asia have helped to bolster the resilience of their economies to external shocks, but the exchange rate channel remains a key transmission mechanism of disturbances.
ChatGPT has the potential to lay the foundation for structural change and economywide productivity growth.
The unsustainable use of water resources in agriculture will have severe implications for future food and water security.
Market power has been a long-standing concern for many policy makers and academic researchers as it greatly matters for economic welfare and resource allocation.
A tightening United States monetary policy cycle in 2022 in the face of severe inflationary pressures has led to a broad-based appreciation of the US dollar.
Asia has made substantial progress on economic development over the past 3 decades, with the quality of institutions playing an important role.
Quantitative easing measures in Southeast Asia helped to alleviate pressure on long-term bond yields and support stability in asset markets.
By John Beirne. Posted May 18, 2022
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.
By Shigehiro Shinozaki. Posted April 14, 2022
A critical challenge in achieving inclusive growth is to formalize informal firms and non-contract-based employees.
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.
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