Estimating the Cost of Climate Change in the Pacific
The effects of global climate change are multifaceted. Pacific nations are highly vulnerable to the impacts, including intensified storm surges, cyclones, and rising sea levels.
Cyn-Young Park (朴信永)
Is Asia Ready for an End to QE?
Asian stock markets have been under pressure recently from an announcement by the US Federal Reserve that “quantitative easing”, or QE as it is commonly referred to, is likely to be tapered off in the near future.
Asian Financial Integration: How Much Has it Come True?
As articulated by Cavoli, Rajan, and Siregar (2004) in their survey of East Asian financial integration, financial integration is a multidimensional process closely associated with development of financial markets.
Moving Beyond Factory Asia: Global Exports are No Longer the Key to Economic Growth
Asia needs to rethink its traditional growth strategy of relying on global exports and look to more trade with its regional neighbors.
The Effects of Food Prices on People’s Health in Asia’s Developing Countries
Good nutrition and health are essential for improving productivity and economic growth and reducing poverty. In particular, adequate nutrition at a young age is a promise for the future, not only of the individuals but also of the society and the nation.
The Social and Economic Development of Bhutan Offers a New Model for the World
Bhutan’s development has been guided by its philosophy of gross national happiness—of striving to balance spiritual and material advancement through four pillars: sustainable and equitable economic growth and development, preservation and sustainable use of the environment, preservation and promotion of cultural heritage, and good governance.
Lessons for Asia from the Global Financial Crisis of 2008-2009
The global financial crisis of 2008-2009 offers a rare opportunity for many economies to undertake wide-ranging structural reforms to improve productivity and economic efficiency.