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Finance sector development, Health, Information and Communications Technology

Fintech’s pandemic-related boost to financial inclusion, MSME resilience, and women’s empowerment in Asia

fintech-pandemic-related boost-to-financial-inclusion
Fintech has been instrumental in helping to sustain businesses and households during the COVID-19 pandemic, with scope to be an integral driver of sustainable economic development in the post-pandemic era.

Economics, Finance sector development

What can the quality of institutions tell us about macrofinancial resilience in Asia?

skyline-afternoon-lake
Asia has made substantial progress on economic development over the past 3 decades, with the quality of institutions playing an important role.

Finance sector development, Gender

Global survey points to progress on financial inclusion but stubborn gender gaps in Asia

indian-woman-using-smartphone
Asia has seen steady overall progress on financial inclusion, but gender gaps are still growing in some countries.

Economics, Finance sector development

Unconventional monetary policy in Southeast Asia eased market turmoil during COVID-19

city-skyline
Quantitative easing measures in Southeast Asia helped to alleviate pressure on long-term bond yields and support stability in asset markets.

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, 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.

Blog, Climate change, Finance sector development

COP26-aligned fiscal policy instruments for boosting Asian green growth, sustainable recovery

Fiscal policy instruments for boosting green growth and sustainable economic recovery
The final months of 2021 will be a crucial time for climate policy. At the United Nations Climate Change Conference (COP26) in Glasgow from 31 October to 12 November, countries will need to come forward and show that they take the commitments that they made in Paris seriously and that they will reduce GHG emissions such that we reach net zero by 2050 to meet the climate targets of the Paris Agreement. Carbon pricing and other fiscal policies will play a critical role.

Economics, Finance sector development

Should emerging Asia worry about a “taper tantrum” post-COVID-19?

should-emerging-asia-worry-about-a-taper-tantrum-post-covid-19
With an improved growth outlook in the United States (US) in the second half of 2021 as the economy recovers from the coronavirus disease (COVID-19), in part related to the substantial fiscal stimulus in the US introduced at the start of 2021, the Federal Reserve (Fed) is on course to slow down its asset purchases program, or so-called quantitative easing (QE) tapering.