ADB statisticians Arturo Martinez Jr. and Joseph Albert Nino Bulan answer questions on how the increased cost of living crisis threatens to push many back into poverty in Asia and the Pacific, based on their research for Key Indicators for Asia and the Pacific 2023.
Nature's ability to regenerate is dwindling as human demands on it increase. To reverse this trend, we need to incorporate natural capital into economic modeling and policymaking.
ADB economists Matteo Lanzafame and Irfan A. Qureshi define key terms related to inflation in Asia and the Pacific.
Inflation in Asia and the Pacific’s developing economies has declined, but the fight may not be over. Underlying price pressures remain persistent, even as growth is weighed down by continued global headwinds. Policymakers can however put in place reforms to promote a low-inflation environment.
Facing global supply chain challenges, the Indo-Pacific Economic Framework promotes economic cooperation among 14 economies, strengthening supply chain resilience, fostering innovation, and driving growth.
Traditional cost-benefit analysis tends to undervalue long-term investments, especially in natural capital. Discount rates often overlook impacts beyond 20 years. To rectify this, we need policies that prioritize long-term sustainability.
Retail bonds provide stability, attract individual investors, and support financial literacy in Asia's growing bond market.
Cambodia is about to graduate from least developed country status. It should accelerate trade reforms to address the challenges its new status will bring.
The recent bank turmoil in the US has awakened ghosts of past financial crises. While the likelihood of a fully-fledged crisis seems limited, it cannot be ruled out. Policymakers in the region must act now to shield their economies from possible negative spillovers.
Asia’s industries, primarily manufacturing, fueled phenomenal economic growth and poverty reduction in recent decades. But today many countries are looking to the service sector as an alternative.