The Lao People’s Democratic Republic’s reliance on debt financing for the power sector has led to significant economic growth but also severe debt distress. Reforms should focus on improving sector governance, enhancing financial sustainability, and fostering clean energy access.
The global impact of US monetary policy significantly affects capital flows and credit growth in emerging markets, highlighting the importance of macroeconomic fundamentals and institutional quality in determining resilience during different monetary cycles.
The region’s rapidly aging population faces challenges related to lower incomes and accelerating demographic changes. Addressing health, economic security, and social engagement is crucial to improve the well-being of older persons.
快速“老去”的亚太人口面临着收入下降和人口结构加速变化带来的一系列挑战。解决健康、经济安全和社会参与等问题对于增进老年人福祉至关重要。
ADB economists Donghyun Park, Aiko Kikkawa and Gemma Estrada answer questions on aging and economics in Asia and the Pacific.
These charts illustrate how local currency bond markets can be a powerful tool to stabilize currencies and economies during crises such as the pandemic and global shocks.
These charts illustrate how countries in Asia and around the world are doing in developing an environment that produces dynamic entrepreneurs who innovate and create jobs.
要培养勇于创新、带动就业的锐意进取型企业家，离不开打造适宜的环境。上图显示了亚洲及世界各国在这方面的表现。
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.
Tax revenue can be raised in a fair and reasonable way to provide much-needed public services and support the poor and disadvantaged still reeling from the pandemic.
