Economic Research Publications

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This publication reviews recent developments in East Asian local currency bond markets along with the outlook, risks, and policy options. It covers the 10 members of the Association of Southeast Asian Nations plus the People’s Republic of China, Hong Kong, China, and the Republic of Korea.
This study unbundles and values electricity service attributes using a choice experiment study covering 2,083 households in Madhya Pradesh, India.
The study finds that the service sector is already an important source of output, growth, and jobs in developing Asia. However, the sector’s productivity greatly lags that of the advanced economies, which implies ample room for further growth.
This paper assesses the prospects for services trade negotiations and the challenges and opportunities they pose for Asia's developing countries.
This paper presents new micro-level data to examine service sector cross-border investment flows among the Asian Development Bank regional members.
This paper assesses the impact of government fiscal policies on income inequality in Asia. It discusses the role and effectiveness of redistributive fiscal policies and quantifies the effects of taxation and government expenditure on income distributions.
This timely book provides an in-depth analysis of population aging and the region-wide demographic transition towards an older population. It also presents concrete policy options for tackling these challenges.
The paper highlights the need to undertake systematic pension reform to provide affordable, adequate, and sustainable economic security to Asia's large and growing elderly population.
Using a household level survey of electrical lighting and usage in Pakistan, this paper examines the decision to adopt compact fluorescent light bulbs (CFL) and the subsequent impact of CFL adoption on electricity usage.
Author(s): Chun, Natalie | Jiang, Yi
This paper gives an analysis of the 1997–1999 crisis in the Republic of Korea. The analysis presents that despite a “no bailout” policy, large Korean corporate groups could still issue bonds at prices implying very low expected default risk.