Impact Evaluations Crucial for Effective Public Policy
Asian countries are increasingly turning to investing in dedicated development programs rather than relying entirely on economic growth to deliver better social outcomes. Evaluations of their actual impact have not always accompanied such decision making, but where they have, it has made a key difference.
Banking Integration in ASEAN Gathers Pace
The ASEAN Economic Community, planned to come into effect in 2015, is expected to liberalize goods, capital and skilled labor flows in the ASEAN region. While there has been considerable progress in the area of trade integration, financial integration still lags behind. The ASEAN Banking Integration Framework, which aims to liberalize the banking market by 2020, could help pave the way for further integration and the entry of ASEAN banks into regional banking markets.
Storm Clouds Ahead – Disease in the Age of Climate Change
Rapid and dynamic changes in Southeast Asia including population growth and movement, as well as booming urbanization, have contributed to the complexity of combating the spread of tropical diseases. Now the region is faced with an even greater challenge: climate change
From Farm to Fork—Combating Asia’s Hidden Hunger
Feeding the world is becoming an increasingly complex task. Providing all our daily bread—or rice—requires grappling with intense competition for natural resources, producing more from less land and dealing with changing dietary habits. But meeting food needs is not just about quantity. Quality is also important. Along with daily minimum calorie requirements, people also need vital micronutrients from their meals. High levels of micronutrient deficiencies, a phenomenon we call “hidden hunger” remains pervasive, particularly in South Asia and Southeast Asia.
Looking at India Through Piketty’s Eyes
Thomas Piketty, a young French economist, has redefined the relationship between capital and inequalities in his book Capital in the Twenty-First Century.
Farewell Astana, Hello Baku
We’ve wrapped up our 47th Annual Meeting in Astana today with plenty of food for thought on what lies ahead for our vast, diverse region.
Kazakhstan – Historic Venue for Fertile Ideas
Almost 1,500 years ago in the sixth and seventh century, southern Kazakhstan was part of the famous Silk Road that carried goods, ideas and cultural influences from as far as China to Europe.
Asia Rising—and Faster Than Expected
Asian success stories have broken down the old distinctions between rich countries and poor, developing and developing, development assistance providers and aid recipients.
Getting Asia in Shape for the Future
Where are Asia’s economies headed to in the short and long term? What shape are they in to withstand future financial crises? And how can they respond to the yawning rich-poor divide, now a key concern among Asian and global policymakers? These were some of the key points discussed over the first two days of business at our 47th Annual Meeting, held in Astana, Kazakhstan.
Chinese Bond Default – What Does it Mean for Asia's Bond Market Development?
Last Friday, 7 March, 2014, Shanghai Chaori Solar Energy Science and Technology Co Ltd defaulted on its 1 billion yuan ’Chaori-11 bond‘ when it failed to pay in full the coupon due that day. The default should not have taken investors by surprise as the company has been struggling over the past few years due to general weakness in the solar panel market.