
The Power of Retail Bonds: A Stable Funding Source for Asian Governments
Retail bonds provide stability, attract individual investors, and support financial literacy in Asia's growing bond market.

For Cambodia, Celebration and New Trade Challenges
Cambodia is about to graduate from least developed country status. It should accelerate trade reforms to address the challenges its new status will bring.

Will US Bank Turmoil Spread to Asia?
The recent bank turmoil in the US has awakened ghosts of past financial crises. While the likelihood of a fully-fledged crisis seems limited, it cannot be ruled out. Policymakers in the region must act now to shield their economies from possible negative spillovers.

Factories or Call Centers? Asia Charts its Development Path
Asia’s industries, primarily manufacturing, fueled phenomenal economic growth and poverty reduction in recent decades. But today many countries are looking to the service sector as an alternative.

Four Ways to Accelerate Tourism Recovery in Asia
Countries in Asia and the Pacific need to work together to bring in more visitors from within and outside the region by adopting bilateral and regional agreements, and offering improved infrastructure and better skills.

Your Questions Answered: What is Bhutan’s Gross National Happiness Index?
Milan Thomas, an ADB economist who specializes in social sector impact evaluation, and Yangchen C. Rinzin, a research fellow at the Centre for Bhutan and Gross National Happiness Studies, answer questions about the use of Bhutan’s Gross National Happiness index.

E-Transaction Platforms Could Help Protect Asia’s Banks from Nonperforming Loans
Persistent, high levels of nonperforming loans could undermine bank lending and economic recovery in Asia’s developing countries.

Diaspora Financing can Help Fund Asia’s Infrastructure Needs
Asia’s vast global diaspora – which includes many skilled, highly educated and prosperous people – is a strong potential source of financing for the region’s infrastructure and other development needs.

How the Dollar-A-Day Poverty Line Changed International Development
Over three decades ago, economic researcher Martin Ravallion and his colleagues found a way to identify and quantify the world’s poorest people with an international poverty line that continues to guide policies to this day.

Your Questions Answered: Are We on the Brink of a Global Recession?
ADB economists Matteo Lanzafame, Irfan Qureshi, Arief Ramayandi and Marcel Schroder answer questions about the possibility of a global recession and how it could affect Asia.