The Chinese economy is slowing down, and this is likely going to have a noticeable effect on the world economy and especially globally integrated economies in developing Asia. An analysis by ADB Chief Economist Shang-Jin Wei.
The catastrophic April earthquake has added a new challenge to Nepal’s short-to-medium term economic and development prospects, currently threatened by political tension over the new constitution.
Declining productivity growth is one of the most disturbing and, no doubt, important phenomena affecting the world economy. The question is what lies behind it, and whether it might be reversed.
Asian countries threatened by natural hazards can learn from Mexico’s experience with its disaster fund and risk management strategy, including multi-catastrophe bonds.
The economic cost is, of course far, far from the only reason to deal with violence against women. But address it we must.
If Malaysia truly wants to reach high-income countries, it must first arrest and then reverse its structural regression, and improve the business environment to revive private investment in manufacturing.
Asian developing countries need a systemic and thorough analysis of productivity drivers, with a roadmap for MDBs to coordinate development priorities and strategies.
Political unrest since late September in Nepal has culminated in the obstruction of trade and transit, which will have a significant impact on post-quake GDP growth.
Countries in developing Asia can extend basic and robust levels of social protection to the “missing middle,” but whether there’s enough political to do so is another matter.
East Asia’s rich experience in global production networks offers valuable lessons for industrial latecomers.