In economies where government officials can be bribed, or other acts of corruption undertaken to start a business or innovate, entrepreneurship is less likely to thrive.
ADB economists Matteo Lanzafame, Yuho Myoda, Irfan Qureshi and Arief Ramayandi answer questions about the impact on Asia of rising interest rates, based on their research for the Asian Development Outlook 2022 Update.
ADB economists Aiko Kikkawa and Raymond Gaspar answer questions about the role of older people in the Asian job market, based on research for their recent paper published in the Journal of Population Ageing.
Sri Lanka’s small and medium-sized enterprises can play an important role in economic recovery. By re-engaging with value chains, they can reinvigorate their own businesses and help to create opportunity and economic growth.
Trade conflicts, the pandemic, and geopolitical tensions have all had an impact on global supply chains. It’s time to rethink how these crucial production links are set up and how they can be made more resilient.
ADB economists Irfan A. Qureshi and Matteo Lanzafame answer questions about the ability of Asia’s economies to bounce back from the pandemic, and how governments should respond to new global economic headwinds.
The pandemic has increased malnutrition rates in many parts of Asia and the Pacific. Direct food assistance to the poor and programs that benefit farmers are being used to address the problem.
With mega trade deals and digitalization, we need to rethink aid for trade with more focus on policy and regulatory support.
The Russian invasion of Ukraine has increased global oil market volatility. The economic impact of another oil price shock, should it materialize, would be significant.