Asia’s policy makers are challenged to use innovative regional policy cooperation mechanisms to meet the rising demand for regional public goods, said Bambang Susantono, ADB’s vice president for knowledge management and sustainable development, at the conference Towards Optimal Provision of Regional Public Goods in Asia and the Pacific, held on 10–11 May in Tokyo. ADBI Dean Naoyuki Yoshino gave the opening remarks and Chief Economist and Economic Research and Regional Cooperation Department Director General Yasuyuki Sawada gave the closing remarks. Leading academics, policy makers, and international organizations attended the event to discuss the theory, practice, and policy implications of regional public goods.
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.
ADBI's first Director of Research and the editor of the first peer-reviewed book Professor Emeritus John Weiss (far left) recently visited the Institute to celebrate a major achievement in its publishing history. Over the last two decades ADBI has produced 150 major academic books, beginning with Professor Weiss' "Poverty Targeting in Asia" (pictured) for Edward Elgar. Other long-time publishing partners have included Oxford University Press, MIT Press, Springer, Routledge, World Scientific, Sage, Social Sciences Academic Press (PRC) and Brookings Institution Press which also distributes ADBI books worldwide in its prestigious catalog. He joined the three co-editors of ADBI's most recent and successful book to date, "Financing Infrastructure in Asia and the Pacific: Capturing Impacts and New Sources," (left to right) Dean Naoyuki Yoshino, Co-chair of Research Matthias Helble and Dr. Umid Abidhadjaev. Legal Adviser Grant Stillman organized the commemoration as the first head of publications and who has been involved with almost every major book, translated edition and report ADBI has ever issued, as well as the establishment of ADBI Press. "Financing Infrastructure" has been well-received with more than 2,500 downloads since its appearance in the 1st quarter.
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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.
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