Global policy experts from the Think20 are addressing new shifts in the world economy heading into Japan’s inaugural hosting of the G20 in 2019. Work to develop policy recommendations for G20 Leaders to tackle growing uncertainty and sustainability challenges and opportunities began at the T20 Japan Inception Conference in Tokyo on 4-5 December 2018 (See photos). Keynote speakers included Asian Development Bank President Takehiko Nakao and Columbia University Professor Jeffrey Sachs. T20 Japan 2019 is chaired by ADBI Dean Naoyuki Yoshino and supported by 10 sectoral task forces.
Policy experts provided guidance to developing countries for navigating the fast-changing global environment at the 8th Annual International Forum on Economic Development in Bali, Indonesia on 6-7 December 2018. Escaping the middle-income trap and ensuring inclusive growth was a focus of the discussion, which featured Indonesia Finance Minister Sri Mulyani. The event was co-organized by Indonesia’s Ministry of Finance, the Asian Development Bank, and Australian government. ADBI funded participants from new ASEAN member states. Forum presentations can be found here.
ADBI Dean Naoyuki Yoshino shared his insights on digital infrastructure development and the socio-economic implications for India in keynote remarks at a sectoral conference in Delhi on 6 December 2018. The event was co-organized by ADBI and the Broadband Forum India. The participants included India Telecom Secretary Aruna Sundararajan, NitiAayog CEO Amitabh Kant and over a hundred other senior government officials, industry leaders and think tank experts.
Researchers and practitioners shared their experiences of best practices in the areas of financial education and consumer protection for promoting financial inclusion, with a focus on the CLMV countries, at a conference held in Vientiane, Lao PDR, on 26–27 November, jointly sponsored by ADBI, the Bank of the Lao PDR, GIZ-AFP, and the OECD. One highlight was a presentation of the results of the first OECD/INFE survey of adult financial literacy in the Lao PDR by ADBI’s Peter Morgan and Long Q. Trinh.
- No matter how poor you are, there is always a way to improve sanitation
- Perspectives on Mekong-Japan cooperation for inclusive growth and mutual benefits
- Productivity spillovers from services firms in low- and middle-income countries
- Does skilled emigration matter for real exchange rate volatility?
Avoiding the Middle-Income Trap in Asia: The Role of Trade, Manufacturing, and Finance
Growth in high-income countries differs qualitatively from that of middle-income countries, and hence requires different factor endowments, industrial structures, and policies.
Tax and Development: Challenges in Asia and the Pacific
Taxation is increasingly in the limelight as a development agenda item, particularly with the emergence of the G20 as the premier international forum.
- Asia should promote domestic demand and lessen its reliance on electronic exports
- Better sanitation systems lead to economic growth
- Who would have thought that punctuation could influence borrowing and lending?
- Developing countries need to fix domestic problems to best benefit from globalization
- Land trusts are the best way to acquire private land for infrastructure
- In the People’s Republic of China, girls now have more schooling than boys
- More action is needed to achieve fair taxation in the digital economy
- Denying credit to small and medium-sized enterprises may threaten an economy’s growth