Economics, Finance sector developmentEconomics, EnergyEconomics, Transport, Urban developmentFinance sector development, Governance and public sector managementGovernance and public sector management, Industry and trade, Information and Communications Technology, Private sector developmentEconomicsFinance sector development, Information and Communications TechnologyEducation, Information and Communications TechnologyEconomics, EnergyEconomics, Governance and public sector management, Industry and trade
By John Beirne. Posted March 5, 2020
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.
By Dina Azhgaliyeva. Posted February 26, 2020
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.
By Roger Vickerman. Posted February 19, 2020
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.
By Soo-hyun Lee. Posted February 7, 2020
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.
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.
By John Beirne. Posted January 10, 2020
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.
By Bihong Huang. Posted December 13, 2019
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.
The digital age poses both challenges and opportunities for many developing countries in Asia and the Pacific. In recent years, we have seen jobs in various sectors become obsolete. At the same time, we see new economic spaces being created demanding new skills and competencies. This also necessitates finding innovative ways to facilitate learning and to promote knowledge sharing, especially in the context of economic development.
Energy security is a crucial issue in contemporary international relations but not a new one. It is usually defined as the reliable and sufficient supply or demand of energy at acceptable prices and is at the top of the agenda for both energy-importing and energy-exporting countries.
The landscape of Misato City in Japan has changed drastically in the last 35 years. In the 1980s, Shin-Misato Station was the Mushashino marshalling yard for freight services. Most of the land near the station was used for agriculture, but once residential houses increased and more people came to settle in the area the government built a passenger train station.
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