Experts examined fiscal governance challenges and solutions vital to sustainable growth in Asia and the Pacific during a recent ADBI policy dialogue in Bangkok. The focus was on equipping policymakers to tailor international best practices to local development and fiscal positions. This approach could help to meet the rising need for good fiscal governance as demand for quality healthcare, education, pension systems, infrastructure, and green energy surges. The event was co-organized with UNESCAP and also featured experts from the European Commission, IMF, UNDP, UNICEF, and World Bank.
Coastal communities’ defenses against rising threats posed by climate change could improve greatly with the adoption of recommendations detailed during an ADBI workshop in Nadi, Fiji on 1 May 2019. Policy experts identified ways to enhance disaster risk financing and infrastructure development vital to safeguarding ocean-based food and energy production, small business growth and social wellbeing. The workshop was held as part of the ADB Annual Meeting and co-organized with the Ocean Policy Research Institute, Fiji National University, and Asia-Pacific Applied Economics Association.
Financial Inclusion, Regulation, Literacy, and Education in Central Asia and South Caucasus examines the leading factors affecting the ability of low-income households and small firms to access financial services in seven countries: Armenia, Azerbaijan, Georgia, Kazakhstan, Kyrgyz Republic, Tajikistan, and Uzbekistan. It also details measures such as mobile banking and microfinance-compatible regulation and coordinated financial regulation, education and consumer safeguards needed to boost financial inclusion and sustainable growth in the region.
Small business financing and inclusive growth could accelerate with the help of policy innovations like credit guarantee funds highlighted by experts during the ADBI-Central Bank of the Republic of Turkey-Credit Guarantee Fund (KGF) conference on 16-18 April in Istanbul. ADBI Dean Naoyuki Yoshino detailed optimal credit guarantee schemes and ADBI Visiting Scholar Sayuri Shirai outlined the relationship between monetary policy and credit guarantee funds. Dean Yoshino and ADBI Senior Consulting Economist and Vice Chair of Research Peter Morgan also provided implementation advice to officials from Turkey’s central bank, Ministry of Treasury and Finance, and KGF in Ankara.
- Greater partnerships for the effective management of labor migration in Asia
- A step forward in attracting private sector financing for infrastructure projects
- The impact of trade opening on developing Asia: Evidence and policy implications
- High-Speed Rail: Necessary but not sufficient for socioeconomic development
- ADBI Sessions on Transport Infrastructure and Quality of Life at World Conference on Transportation Research
- ADBI Sessions on Financial Inclusion and Financial Literacy, Financial Regulation, SME Finance, and Infrastructure Development: Seventh Seminar on Asia and the Pacific Economies
- Conference on Promoting Responsible and Sustainable Financial Services in a Digital Age
Fintech for SMEs
To enhance productivity and ensure sustainable growth in Asia, it is vital to provide smooth financing to SMEs.
Financial Inclusion, Regulation, Literacy, and Education in Central Asia and South Caucasus
This book surveys the experiences of countries in Central Asia and South Caucasus to assess factors affecting the ability of low-income households and small firms to access financial services.
- Peter Morgan, Senior Consulting Economist and Vice Chair of Research, on Driving Policy Innovation
- Nella Hendriyetty, Senior Capacity Building and Training Economist, on Boosting Asian Economies
- Nanum Jeon, Research Associate, on Supporting Capacity Building Programs and Her Career Future
- ADB President Nakao on the Future of Asia’s Growth Story
- Bangladesh needs to act to boost renewable energy as climate change effects loom
- Malaysia labor income share rises, inequality falls, but it isn’t a good sign
- Evidence increasing of link between globalization and declining labor income share
- Viet Nam needs major changes to meet its renewable energy goals