T7 Research Details Policy Next Steps for Addressing Crises, Reigniting Sustainable Development
Think7 (T7), the official think tank engagement group of the Group of Seven (G7) led by ADBI, has unveiled new research to guide policy next steps by the G7 and partners on the heels of the G7 Hiroshima Summit. Global experts under T7 Japan’s 4 task forces have produced a total of 16 policy briefs and 4 overarching issue papers detailing evidence-based measures to help address intersecting crises and reignite sustainable development. The policy briefs and issue papers provide timely policy support for expanding G7 engagement with the Global South and bridging actions by the G7 and the Group of 20 (G20) to tackle shared challenges.
OECD-ADBI-IRDAI Promote Insurance and Retirement Savings Resilience in Asia
Policy makers, regulators, and experts explored policy solutions for addressing challenges in Asia’s insurance and pension markets at a roundtable on 24-25 May in Hyderabad, cohosted by the OECD, ADBI, and India Insurance Regulatory and Development Authority (IRDAI). Participants discussed the impacts of rapid population aging, digital disruption, and climate change on industry development and policy recommendations. They include adoption of technological innovation while reducing the digital divide by building financial and investment literacy, simplification of apps and platforms to enhance coverage and adequacy, strengthening the role of insurance to narrow protection gaps, and comprehensive data collection for better risk assessment and analysis.
Young Researcher Represents ADBI at Future Leaders’ Global Policy Forum
Research Associate Raja Rajendra Timilsina represented ADBI at the Future Leaders’ Global Policy Forum on 23 May in Milan, cohosted by the Italian Institute for International Political Studies, Bocconi University, and the OECD, in partnership with Think7 Japan. Timilsina was selected to join other young researchers at the forum for his outstanding work at ADBI. He introduced ADBI’s demand-driven policy research, capacity building, and outreach to support developing economies in Asia and the Pacific. He noted the importance of evidence-based research for guiding people-centered policy pathways critical to market reform and sustainable development.
ADBI Dean Leads T7 Call for G7-Global South Engagement at G7 Hiroshima Summit
ADBI Dean and Think7 (T7) Lead Chair Tetsushi Sonobe urged the G7 and partners to deepen their engagement with developing economies during T7 media activities on 18-21 May, alongside the G7 Hiroshima Summit. At a joint press conference held by G7 engagement groups on 18 May, Dean Sonobe explained that G7-Global South collaboration is critical for addressing intersecting crises and reigniting sustainable development. Research-based T7 policy solutions, outlined by the Think7 Japan Communiqué presented to Japan Prime Minister Fumio Kishida by Dean Sonobe in April, seek to guide discussions by the G7 and partners toward these shared goals, he added. In subsequent interviews at the summit’s international media center, Dean Sonobe and ADBI’s John Beirne described how G7 and G20 focus on developing economies can promote de-risking, particularly by enhancing their participation in global supply chains after disruptions caused by COVID-19 and Russia’s invasion of Ukraine.
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Books
A World in Crisis, a World in Progress: Growing Better Together
Think20, the official think tank engagement group of the Group of Twenty (G20), was established in 2012 to provide research-based policy recommendations to help G20 countries and partners promote economic resilience and sustainable development.
Latest
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T7 Research Details Policy Next Steps for Addressing Crises, Reigniting Sustainable Development
T7 has unveiled new research to guide policy next steps by the Group of Seven (G7) and partners on the heels of the G7 Hiroshima Summit.
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Asia and the Pacific should promote the use of systems integration, AI, and simulation among companies in the region to increase the resilience of their supply chains.
The Surprising Developments of Digital Supply Chains to Raise Resilience in the Face of Disruptions
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Subnational and national industrial development and regional cooperation policies are critical for Pacific island countries to participate in global and regional production networks.
Global Value Chains in the Pacific Island Countries: Patterns and Structure
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Identifying the right levers to build resilience in the supply chain is critical for succeeding in a versatile business environment.
Bespoke Supply Chain Resilience Facilitated by Dedicated and Shared Resources
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The Bank of Japan has not only been a pioneer in pursuing unconventional monetary policy, but has also become a reference point for other central banks.
History of Bank of Japan’s More Than Two Decades of Unconventional Monetary Easing with Special Emphasis on the Frameworks Pursued in the Last 10 Years
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Exchange rate developments are important considerations for central banks in the sense that they can affect their core mandate of price stability.
Exchange Rate Pass-Through in Emerging Asia and Exposure to External Shocks
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Think7 Japan Summit Special Speech: Sri Mulyani Indrawati, Finance Minister, Indonesia
Indonesia Finance Minister Sri Mulyani Indrawati gave a special speech at the Think7 Japan Summit and discussed onward challenges and priorities in Asia and the Pacific.
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Think7 Japan Summit Keynote Remarks: Kenji Yamada, State Minister for Foreign Affairs, Japan
Kenji Yamada, the State Minister for Foreign Affairs, Japan, called for global efforts on disarmament and non-proliferation.
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Think7 Japan Summit Opening Remarks: Tetsushi Sonobe, Dean, ADBI
ADBI Dean and Think7 Japan Lead Chair Tetsushi Sonobe discussed intersecting global crises and how think tanks can help the Group of Seven (G7) and partners address them.
Videos
- Think7 Japan Summit Special Speech: Sri Mulyani Indrawati, Finance Minister, Indonesia
- Think7 Japan Summit Keynote Remarks: Kenji Yamada, State Minister for Foreign Affairs, Japan
- Think7 Japan Summit Opening Remarks: Tetsushi Sonobe, Dean, ADBI
- ADBI Leads Think7 Japan
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