Columbia University urban planning expert Wu Weiping examined private urban infrastructure investment in the People’s Republic of China and other emerging economies during an ADBI Distinguished Speaker Series webinar on 31 July. Wu assessed private financing across the energy, telecom, transport, and water and sewage sectors. She detailed gaps in infrastructure demand relative to private investment and risks related to increasing non-performing loans and unpredictable regulation which can deter private infrastructure investment. Policies that can address these challenges and improve transparency could boost private financing, Wu concluded.
ADBI Dean Tetsushi Sonobe, ADB Vice President Bambang Susantono, and Korea Development Institute (KDI) President Jeong Pyo Choi virtually signed a memorandum of understanding on 30 July to strengthen collaboration in support of sustainable growth in Asia and the Pacific. Dean Sonobe stressed the importance of jointly identifying and sharing development solutions that can reinvigorate progress toward the Sustainable Development Goals, stalled by COVID-19. The MOU enables tripartite research and capacity building for the region through 2025 in the areas of gender and equity, governance and institutional capacity, the financial sector, public-private partnerships, social protection, infrastructure and urban development, and youth engagement.
ADBI Dean Tetsushi Sonobe detailed post-COVID-19 priorities for the economy and livelihoods in developing Asia during a Foundation for Advanced Studies on International Development webinar on 29 July. Dean Sonobe noted the importance of fostering a recovery that advances social protection and the Sustainable Development Goals. He pointed to ADBI survey-based research underway on COVID-19 impacts on the region’s SMEs and households to help guide policy responses. Strong leadership and international coordination to build more inclusive, risk-ready digital economies will be key to ensuring socioeconomic resilience in the post-pandemic world, Dean Sonobe added.
Ways to reduce poverty and advance inclusive and sustainable growth amid the COVID-19 pandemic were discussed during the 9th International Conference on Asia Economic Development on 21-22 July, co-hosted by ADBI and Chiang Mai University (CMU) to move toward the Sustainable Development Goals. ADBI and CMU experts, together with policy makers and representatives from ADB, UNDP, and the World Bank, called for prompt fiscal stimulus and greater efforts to boost economic equality and social protection. They also reaffirmed the importance of open economic systems and the role digitalization for promoting financial inclusion and post-COVID-19 adjustment.
- Achieving a peaceful world: What can intellectuals do to make it happen?
- Rare diseases in Asia and the Pacific must be tackled too
- Achieving policy objectives for green bonds in ASEAN
- Empowering Thai SMEs to join global value chains: Policy priorities under COVID-19
- Challenging times for central banks: Low inflation, monetary policy, and digital currency
Growing Central Bank Challenges in the World and Japan: Low Inflation, Monetary Policy, and Digital Currency
Central banks are facing a range of growing challenges that have arisen from recent trends in aging populations, low productivity, and new technology and innovation.
Environmental, Social, and Governance Investment: Opportunities and Risks for Asia
Interest in environmental, social, and governance (ESG) investment has been growing steadily around the world, and investors are increasingly integrating ESG factors into their investment decisions.
- Introducing ADBI E-Learning’s Course on Demographic Transition and its Impacts
- Introducing the Book Growing Central Bank Challenges in the World and Japan: Low Inflation, Monetary Policy, and Digital Currency
- Introducing the Book Environmental, Social, and Governance Investment: Opportunities and Risks for Asia
- Introducing ADBI E-Learning’s Course on Powering Green Investments
- ADBI-Bill & Melinda Gates Foundation Renew Sanitation Partnership
- ADBI Dean Sonobe on Enabling Asia’s COVID-19 Recovery
- Could AI be the answer to Asia’s mounting education delivery challenges?
- How can digitalization deliver a pandemic soft landing for Asian economies?
- Addressing new challenges for financial inclusion amid a disruptive double whammy
- How can smartphone data promote pandemic recovery?
- How far will Asia’s investors turn to ESG investment?
- The time is now for Asian green investments and an incentivized private sector
- Behavioral insights can support the transition to a post-COVID-19 world