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.
The indicator rather understates the true extent of global poverty.
ADB Chief Economist Shang-Jin Wei discusses the Asian Development Outlook 2016 special chapter on regional productivity.
The right policies could raise developing Asia’s potential growth by nearly 1 percentage point annually over the next ten years.
Expanding the role of fiscal policy in fighting poverty and inequality should not come at the expense of fiscal sustainability.
From past experience we know how quickly the bursting of a privately leveraged boom cycle ends up weighing on national budgets and public debt.