Bihong Huang, Research Fellow
Bihong Huang joined ADBI as a research economist in February 2016.
Her research interests include economic development, climate change and the environment, and inclusive and sustainable finance.
She is coordinator for the Think20 (T20) Japan policy innovation task force examining the Future of Work and Education for the Digital Age under Japan’s 2019 G20 presidency. She also represents ADBI in a large number of other policy dialogues with governments and international organizations.
She has led many research-based policy development projects at ADBI. Her work has focused on topics such as East Asian economic integration; fintech and financial inclusion; fintech, digital currency and financial stability; finance and innovation; globalization and economic stability; globalization, climate change and environment; green finance; sources of income inequality; and avoiding the middle-income trap.
She has published three books and more than 20 papers in leading academic journals. Among them include China Economic Review, Economic Modelling, Energy Economics, Journal of Banking and Finance, Journal of Corporate Finance, Review of Development Economics, and The World Economy.
She previously served on the academic faculty at Renmin University of China and University of Macau.
She holds a PhD in economics from Nanyang Technological University in Singapore. She also holds an MA and BA in economics from Xiamen University in China.
With X. Chen and S. Li. The World Economy, forthcoming, online version available at
With M. Duygun, X. Qian, and L. H.K. Tam. Journal of Corporate Finance, forthcoming, online version available at
With J. Huang, X. Chen, and X. Yang. China Economic Review, 2017, Vol. 45: 289-309.
With X. Chen and D. Ye. Economic Modelling, forthcoming, available at
With X. Chen and S. Li. The World Economy, forthcoming, available at
With X. Chen. Energy Economics, 2016, Vol. 53: 230–237.
With Y. Lian and W. Li. China Economic Review, 2016, Vol. 37: 15–26.
With X. Gu and B. Dong. The World Economy, 2015, Vol. 38: 110–135.
With X. Gu, P. S. Tam and Y. Zhang. Review of Development Economics, 2015, Vol. 19: 15–30.
With V. Aivazian, X. Gu, and J. Qiu. Journal of Banking & Finance, 2015, Vol. 55: 380–392.
WithX. Gu. Review of Development Economics, 2014, Vol. 18: 502–516.
With K. Chen. China Economic Review, 2012, Vol. 23: 534–551.
With X. Gu. Economic Modelling, 2011, Vol. 28: 1050–1057.
Global Economic Review, 2008,Vol. 37: 497–506.
Income inequality is one of the most profound social, economic, and political challenges of our time. A survey conducted by Pew Research Center (2014) found that more than 60% of worldwide respondents regard the gap between the rich and the poor as a major concern.
The People’s Republic of China (PRC) has reformed and opened up its economy for 4 decades. However, accompanying the country’s fast-growing gross domestic product (GDP) and trade sector, environmental degradation, such as deteriorating water quality, land deforestation, pollution, and frequent haze plagues, has attracted a great deal of attention.
Indonesia’s subsidized rice program, RASKIN (also known as Operasi Pasar Khusus), constitutes the longest running and the largest in-kind transfer for poor households in Indonesia. In 2010, government expenditure on RASKIN accounted for 53% of the total household-targeted social assistance.