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.
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.
Persistent, high levels of nonperforming loans could undermine bank lending and economic recovery in Asia’s developing countries.
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.
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.
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.
These charts illustrate how countries in Asia and around the world are doing in developing an environment that produces dynamic entrepreneurs who innovate and create jobs.
In economies where government officials can be bribed, or other acts of corruption undertaken to start a business or innovate, entrepreneurship is less likely to thrive.
ADB economists Matteo Lanzafame, Yuho Myoda, Irfan Qureshi and Arief Ramayandi answer questions about the impact on Asia of rising interest rates, based on their research for the Asian Development Outlook 2022 Update.
ADB economists Aiko Kikkawa and Raymond Gaspar answer questions about the role of older people in the Asian job market, based on research for their recent paper published in the Journal of Population Ageing.