The ADB Economics Working Paper Series is a forum for stimulating discussion and eliciting feedback on ongoing and recently completed research and policy studies undertaken by the Asian Development Bank (ADB) staff, consultants, or resource persons. The series deals with key economic and development problems, particularly those facing the Asia and Pacific region; as well as conceptual, analytical, or methodological issues relating to project/program economic analysis, and statistical data and measurement. The series aims to enhance the knowledge on Asia's development and policy challenges; strengthen analytical rigor and quality of ADB's country partnership strategies, and its subregional and country operations; and improve the quality and availability of statistical data and development indicators for monitoring development effectiveness.
Myanmar's Trade and its Potential
Estimates Myanmar’s export potential based on the bilateral export patterns observed for six other countries in Southeast Asia, and also tabulates Myanmar’s merchandise trade as reported by its partner countries
Cambodia: Rapid Growth with Weak Institutions
This paper examines Cambodia’s socioeconomic development since the early 1990s peace settlement, and highlights the importance of strengthening supply side capabilities, broadening the benefits of growth, and developing stronger institutions and property rights.
Financial Conditions Indexes for Asian Economies
Constructs financial conditions indexes (FCIs) for five Asian economies: Hong Kong, China; Japan; the Republic of Korea; Malaysia; and Singapore. FCIs summarize the current state of financial variables linked to real economic activity.
The Service Sector in Asia: Is It an Engine of Growth?
The underdeveloped service sector in Asia has the potential to become a new engine of economic growth for developing Asia, which has traditionally relied on export-oriented manufacturing to power its growth. The central objective of this paper is to empirically analyze the prospects for the service sector as a future engine of growth. Our analysis of 12 Asian economies indicates that the service sector already contributed substantially to the region's growth in the past.
Is Growth in Asia and the Pacific Inclusive?
Inclusive economic growth challenges governments to achieve a high, sustainable rate of economic growth and to share opportunity equitably across society. It brings with it an operational challenge of finding an approach to performance measurement that captures the richness of the concept. This study applies one approach to assess the growth experience of 22 developing economies in Asia and the Pacific region. Special attention is paid to 11 economies - Armenia, Bangladesh, Cambodia, India, Indonesia, Kazakhstan, Nepal, Pakistan, the Philippines, Timor-Leste, and Viet Nam.
Inclusive Growth and Gender Inequality
This study examines gender inequality in labor markets in Asia and the Pacific, with a focus on the structural drivers of women's labor force participation. Demographic survey data indicate that in Asia's lower-income countries, economic necessity is an important push factor behind women's employment. Also, being married and having young children both reduce the likelihood that a woman is employed. In a separate analysis for Taipei,China, this disincentive effect from young children on women's employment has increased over time.