ADB economists Matteo Lanzafame, Irfan Qureshi, Arief Ramayandi and Marcel Schroder answer questions about the possibility of a global recession and how it could affect Asia.
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.
The pandemic has worsened inequality on many fronts. Pro-active macroeconomic policy combined with labor retraining programs and increased social protection are needed.
The pandemic represents a severe challenge for policymakers in Asia. They need a response that will help economies achieve a more efficient and fairer allocation of resources in the economy, enhancing productivity, economic growth and employment.
The pandemic is challenging policymakers across Asia. The shape of the economic recovery is uncertain but pro-active government and central bank policies can improve outcomes.
Asian regulators and policy makers should undertake prudential financial supervision and regulation to improve the quality of private debt and reduce the risk of financial instability in the future.
It’s high time for emerging Asian markets to prepare themselves for the tighter global financial conditions that Fed balance sheet normalization entails.
Urgent action is needed to reduce leverage levels in case US interest rates rise faster than expected.