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.
Only history will tell us if the North Korean industrial complex was a missed SEZ opportunity, or the time was not yet ripe.
We hope Tajikistan will carry out enough reforms to ride the world economic recovery, and be more resilient to the next crisis.