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Ideas for Developing Asia and the Pacific

ADBI News Blurbs

January 2022
ADBI Dean Describes Policy Research Next Steps for Supporting Asia’s Sustainable Development

ADBI Dean Tetsushi Sonobe called for more agile and collaborative economic policy research to advance inclusive and sustainable development in Asia and the Pacific during the opening session of the Asian Development Bank Economists’ Forum 2022 on 19 January. He described how the COVID-19 crisis and related challenges have heightened the importance of identifying research priorities and delivering knowledge relevant to the fast-changing needs of the region’s economies. Closer partnerships between think tanks, universities, international organizations, and governments will be increasingly key to promoting innovative, timely, and impactful policy solutions, he concluded.

January 2022
ADBI Researchers Highlight Green Energy Transition Policy Solutions for Asia

ADBI researchers examined innovative policy measures for advancing Asia’s green energy transition during an ADBI-Asian Development Bank (ADB) session on 20 January, held as part of the ADB Economists’ Forum. Dil Rahut discussed the benefits of green buildings for energy efficiency and carbon emissions reduction and ways to overcome related financial challenges. Dina Azhgaliyeva examined how better designed renewable energy feed-in tariffs, together with adequate technology adaptation, could boost investment in the sector. Yixin Yao also described strategies for boosting investment in green development, drawing upon a project in the People’s Republic of China that helped improve air quality and living conditions.

January 2022
REGISTRATION: Authors to Discuss Asia’s Digitalization-Sustainable Economic Development Prospects

Registration is open for a webinar on 26 January to highlight key takeaways from a new ADBI Press book on maximizing digitalization’s potential to enhance the productivity and sustainable development of Asian economies. ADBI’s John Beirne and Singapore Management University’s David Fernandez, coeditors of Harnessing Digitalization for Sustainable Economic Development: Insights for Asia, and a panel of book contributors will explain how digital transformation impacts economic performance and trade. They will also discuss digitalization’s effects on firms and the labor market; associated infrastructure, digital literacy, and regulatory challenges; and policy next steps, drawing on regional case studies. Download the book and view the preview video.

January 2022
REGISTRATION: Behavioral Economics Expert to Discuss Scaling to Drive Positive Change

Registration is open for an ADBI Featured Speaker Webinar on 24 February presenting prominent behavioral economics expert John List of the University of Chicago, who will discuss the science of scaling for driving positive changes in schools, workplaces, and society. List will explain key takeaways from his forthcoming book The Voltage Effect: How to Make Good Ideas Great and Great Ideas Scale that highlights case studies from business, policymaking, education, and public health. He will focus on measurable vital signs for a scalable idea and ways to ignite associated voltage effects.

December 2021
New E-Learning Course Spotlights Post-COVID-19 Sustainable Infrastructure Development Keys

A new tuition-free, certificate-issuing ADBI E-learning course explores the changing infrastructure landscape amid the COVID-19 pandemic and priorities for advancing projects critical to sustainable and inclusive economic recovery. Led by ADBI’s Dina Azhgaliyeva and Nella Hendriyetty, and Euro-Mediterranean Economists Association President Rym Ayadi, Sustainable and Quality Infrastructure Beyond the COVID-19 Pandemic describes economies’ shifting infrastructure needs and how to address greater public funding shortfalls. Based on policy guidance from the Group of 20’s (G20) think tank engagement group, the Think20 (T20), the course discusses green bonds, public-private partnerships, the G20's infrastructure role, and policy next steps.

December 2021
ADBI-ICRIER Launch Webinar Series to Support India’s G20 2023 Presidency Countdown

ADBI and the Indian Council for Research on International Economic Relations (ICRIER) launched a joint webinar series on 17 December to explore issues that will shape India’s 2023 Group of 20 (G20) presidency. ICRIER Director and Chief Executive Deepak Mishra explained that series’ aim is to provide knowledge support for the Government of India’s G20 policy agenda and help address needs of the region and global economy. Experts examined India’s participation in the G20 Rome Summit, COP26 climate change conference, and trade discussions in 2021, and the outlook for India’s global economic engagement. ADBI Vice Chair of Research Peter Morgan gave closing remarks. 

December 2021
Experts Present Smart Solutions for Cultivating Asia’s Agricultural Sustainability

Researchers described innovative measures for enhancing agricultural sustainability in rural Asia during an ADBI virtual conference on 8-10 December. They discussed the linkage between environmental factors and agriculture, food security and nutrition, water security, poverty reduction, and broader socioeconomic development in the region. Drawing upon new research, they explained how innovative farming practices, agricultural technologies, and policy support could help curb carbon emissions and environmental degradation while building the sector’s productivity and farming household resilience. View the webinar recordings and presentations.

December 2021
ADBI Researcher Describes Asia’s Banking Sector Vulnerabilities to Non-Bank Credit Provision

ADBI’s John Beirne discussed the implications of alternative credit by non-banks on bank risk-taking in Asia during the India Finance Conference 2021 on 16 December, cohosted by the Indian Finance Association, Indian Institute of Management Calcutta, Indian Institute of Management Bangalore, and Indian Institute of Management Ahmedabad. Presenting his research on ASEAN+3 economies, he explained how the provision of credit by non-banks can raise bank insolvency risks in less financially developed economies during crises. In high financially developed economies, he noted that banking sector resilience overall is stronger, but that stricter regulation can increase instability as competitive pressures from non-banks may lead to risky searches for yields. He also called for regulatory reform that enables a more level playing field in credit provision across banks and non-banks. 

December 2021
ADBI–OECD Chart Path to Greater Asian Market Resilience

The outlook for Asian market conditions and reform amid the COVID-19 crisis was the focus of a roundtable cohosted by ADBI and the Organisation for Economic Co-operation and Development (OECD) on 7-8 December. Experts assessed how pandemic responses, monetary exit strategies, and geopolitical tensions have impacted the region’s capital flows and financial markets. They also discussed effective regulation of crypto-assets and decentralized finance needed to strengthen the financial system and risk mitigation, as well as keys to boosting sustainable financing.

December 2021
ADBI Expert Explains Creative Economy’s Recovery Role During ADB–Netflix Webinar

ADBI’s Nella Hendriyetty discussed the creative economy’s potential to fuel inclusive recovery in Asia during an Asian Development Bank (ADB)-Netflix webinar on 8 December. She described how cultural and creative industries could harness accelerating digitalization, create jobs, promote skills development among vulnerable groups, boost exports, and increase incomes. She added that Indonesia’s 2022 G20 presidency could help economies realize these benefits by addressing international standards, capacity building, supply chain flows, and green development needs.