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ChatGPT and structural change: Proceed with caution
By Subhasis Bera, John Beirne and Dil Rahut. Posted April 18, 2023
ChatGPT has the potential to lay the foundation for structural change and economywide productivity growth.
Managing water resources in agriculture can ensure food and water security
By Jeetendra Prakash Aryal, Tetsushi Sonobe and Dil Rahut. Posted March 30, 2023
The unsustainable use of water resources in agriculture will have severe implications for future food and water security.
Rising corporate market power in Asia threatens monetary policy effectiveness
By Nuobu Renzhi and John Beirne. Posted March 17, 2023
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.
Mounting debt and capital flow management risks amid a strong US dollar
By John Beirne and Pradeep Panthi. Posted December 2, 2022
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.
What can the quality of institutions tell us about macrofinancial resilience in Asia?
By John Beirne and Pradeep Panthi. Posted August 18, 2022
Asia has made substantial progress on economic development over the past 3 decades, with the quality of institutions playing an important role.
Unconventional monetary policy in Southeast Asia eased market turmoil during COVID-19
By John Beirne and Eric Alexander Sugandi. Posted June 23, 2022
Quantitative easing measures in Southeast Asia helped to alleviate pressure on long-term bond yields and support stability in asset markets.
Plunging yen hit by widening interest rate differentials and rising commodity prices
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.
Fight for survival: Indonesia’s hard-hit small informal firms struggle to outlast the pandemic
By Shigehiro Shinozaki. Posted April 14, 2022
A critical challenge in achieving inclusive growth is to formalize informal firms and non-contract-based employees.
Measuring the impacts of COVID-19 in Central Asia
By Dina Azhgaliyeva and Kamalbek Karymshakov. Posted April 8, 2022
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.
Supporting blue skies through green development loans
By Yixin Yao, Lijun Zhou and Shu Tian. Posted February 14, 2022
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).
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