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ASEAN Integration and Japan's Aging Society
ADBI Dean Naoyuki Yoshino presented on Japan's monetary policy at the Central Bank of Malaysia (Bank Negara Malaysia) on 12 September. Dean Yoshino highlighted the diminished effectiveness of monetary policy in an aging society, the structural causes of long-term recession in Japan, and possible solutions. Later that day at PNB Investment and in the presence of the deputy governor of the Central Bank of Malaysia and a former US Ambassador to Malaysia, the Dean discussed overall macroeconomic conditions in ASEAN, the impact of oil price shocks, and the implications of financial technology for Asia.
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ADBI and CAREC Institute to increase cooperation
ADBI, ADB, and CAREC Institute recently signed an agreement to work together in areas of mutual interest, including the regular exchange of information and advice on improving think tank management and operations. At the Second CAREC Think Tank Development Forum following the signing, ADBI Dean Naoyuki Yoshino gave a video presentation on sustainable infrastructure development and tax sharing bonds while ADBI Director Shinichi Nakabayashi spoke about fiscal sustainability, public private partnerships, and tax sharing bonds. Director Nakabayashi also emphasized that cross border connectivity will be key for development in the region, and transportation network projects can best be coordinated by multilateral development banks such as ADB. ADBI will help in capacity building for policy makers in trade policy. Read more.
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East Asian leaders discuss competition policy at the 13th EATOP Meeting and 10th EAC
East Asian leaders discussed effective approaches to enforcing and raising public awareness of competition policy at the 13th East Asia Top Level Official’s Meeting (EATOP) on Competition Policy and the 10th East Asia Conference (EAC) on Competition Law and Policy from 6 to 7 September in Indonesia. Organized in collaboration with the Japan Fair Trade Commission (JFTC) and the Commission for the Supervision of Business Competition (KPPU) of Indonesia, the conference was attended by about 80 participants from Australia; Cambodia; Taipei,China; Hong Kong, China; Indonesia; Republic of Korea; Malaysia; Mongolia; Myanmar; Philippines; the People’s Republic of China; Singapore; and Viet Nam. ADBI Dean Yoshino gave a video presentation on staying competitive in globalized economy and Deputy Dean Chul Ju Kim emphasized that strengthening enforcement of competition policy is beneficial for creating sound global value chains and promoting economic growth in the region. Read more.
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Training leaders to promote social change and reduce inequalities
ADB Institute, ADB, and the German Federal Enterprise for International Cooperation (GIZ) hosted “Transforming Leadership,” a training workshop for 40 high-ranking government officials and other community leaders on 29-31 August, examining how to achieve greater institutional and social change, and reduce inequalities. Workshop outcomes include formation of ‘K-Lab,’ an online networking community for participants to share, collaborate on, and evaluate their ideas for innovative community-building projects in their respective countries. Read more.
Books
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Financial Inclusion, Regulation, and Education: Asian Perspectives
This book looks at how low-income households and small firms access financial services in Asia.
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Win-Win: How International Trade Can Help Meet the Sustainable Development Goals
The objective of this book is to demonstrate to the international development community, including policy makers in developing countries, the contribution that international trade can make to achieving the SDGs.
Latest
Using only one measure of corporate innovation can distort the view of progress; using multiple signals is more reliable.
Measuring the Degree of Corporate Innovation
The quality of top management can influence a firm’s long-term success by selecting, investing in, and implementing innovative projects.
Top Management Quality, Corporate Finance, and Corporate Innovation
Targeted social welfare has limited benefits; many of India's elderly poor may still be excluded.
Targeting of Social Transfers: Are India’s Elderly Poor Left Behind?
Europe needs to improve a defective macroeconomic policy framework and implement other reforms to prevent another euro crisis.
How to build a resilient monetary union? Lessons from the Euro Crisis
Rising oil prices benefit oil-exporting countries but have more diverse effects on oil-importing countries.
Trade Linkages and Transmission of Oil Price Fluctuations in a Model Incorporating Monetary Variables
Age, gender, education, and type of work determine online shopping behavior in Indonesia.
Demographic and Socioeconomic Characteristics of E-Commerce Users in Indonesia
