Economic growth can only be attainable if done hand in hand with social programs to make sure that inequalities do not rise too fast, argued experts at the Strategies for Financing Social Protection to Achieve the sustainable development goals (SDGs) workshop on 17–18 May, ADBI, Tokyo. The SDCC Social Development Thematic Group with the ADB Institute organized an inception workshop to discuss strategies for financing social protection in developing member countries to meet SDGs. Government officials from the ministries of finance, social affairs, labor and economic planning from 19 countries, and partners from OECD and ILO brought forward issues on the challenges and opportunities of creating fiscal space to expand spending on social protection. Initial findings from country studies in Indonesia, Myanmar, and Timor-Leste under the ADB technical assistance were also presented.
A unified Korean peninsula opens opportunities for an expanded economic zone, said ADBI Dean Naoyuki Yoshino during the session Korea 2050: Imagining a New Future at the Asian Leadership Conference, organized by McKinsey Korea and Chosunilbo on 17 May in Seoul. Among others, unification would allow for market-oriented reform, which would require huge investment in infrastructure, human capital development, and agriculture to meet the demands of a growing population.
Is Asia ready for another global financial shock? ADBI’s new book shows how Asia’s regional financial architecture can be strengthened and meshed with that of the International Monetary Fund and the Financial Stability Board to establish an effective mechanism for dealing with economic and financial shocks. Click here to download the book.
Accurate disaster risk assessment, better access to international reinsurance markets, and effective management of disaster-related liabilities can significantly benefit disaster-prone countries in Asia. Organized by the ADB Institute (ADBI), the Organisation for Economic Co-operation and Development (OECD), and the Asian Disaster Preparedness Center (ADPC) on 8–9 May in Bangkok, the workshop, Developing the Elements of a Disaster Risk Financing Strategy, emphasized the need to raise awareness of tools and techniques that can help developing countries overcome the challenges of financial risk modeling for disasters. Over 80 government officials, private sector professionals, and international experts attended. ADBI Deputy Dean Chul Ju Kim, OECD Principal Administrator Mamiko Yokoi-Arai, and ADPC Executive Director Hans Guttman gave the opening remarks.
- Young Small and Medium-Sized Enterprises and Bank Credit Denials: Evidence from Europe
- What Do Structural Economic Reforms Promise for the Future of Azerbaijan?
- Impact of Retaliatory Trade Enforcement Actions on the World Trade Organization and Trade Governance
- Next generation of quality development and investment in the new Pacific trade pact
- Energy Efficiency: The Cornerstone for Achieving SDG 7
- Policy Workshop on Smart Grids: Promoting Cross-Border and Regional Energy Cooperation
- Asia Clean Energy Forum 2018: Deep Dive Workshop on Financing Community-Based Renewable Energy Projects
- ADB–ADBI Forum on Governance and Institutions: Issues in State-Owned Enterprise Reform and Corporate Governance
- ADBI Workshop on Labor Income Share in Asia: Conceptual Issues, Drivers, and Policy Implications
- Services-Led Development: Prospects and Policies
Global Shocks and the New Global and Regional Financial Architecture: Asian Perspectives
This book addresses how Asia’s regional financial architecture can be strengthened and meshed with those of the International Monetary Fund and the Financial Stability Board to effectively deal with economic and financial shocks.
Labor Migration in Asia: Increasing the Development Impact of Migration through Finance and Technology
This book documents labor migration trends in Asia and looks at how finance and technology can aid the positive impact of migration on home countries.
- Tale of Two Cities: 5 Easy Ways to Encourage Healthier Lifestyles
- Gimme Shelter: Affordable Houses for All
- Asia Launch of the 2017 World Intellectual Property Report—Intangible Capital in Global Value Chains
- Trade creates jobs in Viet Nam but technology might be harming low-skilled workers
- PRC can sustain long-term growth, with a few changes at home
- PRC’s declining growth is structural, not a cyclical downturn
- Asia should promote domestic demand and lessen its reliance on electronic exports
- PRC is facing many of the problems Japan encountered as it strives for growth