The Fed Has Cut Interest Rates: What Does This Mean for Asia and the Pacific?
The recent interest rate cuts by the United States Federal Reserve present opportunities and challenges for central banks in Asia and the Pacific. Policymakers must adopt a balanced, country-specific approach to navigate potential inflationary pressures, exchange rate volatility, and capital inflow dynamics.
Beyond Growth: How AI Can Reshape Economies for Ecological Sustainability
Amid converging crises of climate change, biodiversity loss, and resource depletion, the urgency of reimagining our economic systems has never been greater. Artificial Intelligence offers a unique opportunity to rethink how we manage resources and align economic activities with environmental sustainability.
How Pakistan Can Turn Remittances into a Pillar of Economic Growth
Remittances play a crucial role in Pakistan's economy, as a buffer during crises and a potential driver of sustainable growth. By aligning fiscal policies with macroeconomic indicators, Pakistan can maximize the positive impact of remittances on household welfare and long-term economic development.
Strong Institutions Shield Emerging Markets from US Monetary Shocks
The global impact of US monetary policy significantly affects capital flows and credit growth in emerging markets, highlighting the importance of macroeconomic fundamentals and institutional quality in determining resilience during different monetary cycles.
Why Enhancing Natural Capital is Key for Green Growth
The role of nature in green growth cannot be ignored. Incorporating natural capital considerations into the economic growth strategies of developing countries is essential for protecting the environment.
What Could Derail Asia’s Solid Growth Outlook?
Developing economies in Asia and the Pacific are projected to grow through 2024 and 2025, with inflation moderating. Uncertainty about the outcome of the United States election, along with geopolitical tensions, property market fragility in the People’s Republic of China, and adverse weather conditions, could worsen the outlook.
The Right Policies Can Separate Economic Growth from Pollution
While emerging economies primarily experience rising CO2 emissions with growth, and high-income nations see declining emissions, actions such as addressing income inequality, promoting sustainable tourism, investing in alternative energy, and encouraging reforestation can shift this dynamic towards sustainability.
How Ship Tracking Technology Can Boost Trade and Economic Growth
Automatic identification system (AIS) data provides valuable insights into maritime trade flows, enabling real-time monitoring and analysis of disruptions to optimize global shipping routes and enhance trade efficiency.
We Need to Mainstream Structural Reforms in Aid for Trade
The global economic landscape warrants mainstreaming trade policy reform back into trade-related external support.
Reviving Indonesia’s Small Businesses through ‘Plug-and-Play’ Technology Solutions
Accessible and affordable 'plug-and-play' technology solutions can play a crucial role in revitalizing Indonesia's micro, small, and medium-sized enterprises.