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Ideas for Developing Asia and the Pacific

ADBI News Blurbs

April 2021
ADBI-Chubu University-WCTRS Evaluate Transport Quality of Life Benefits

Experts discussed ways to assess transport infrastructure’s quality of life (QOL) benefits for developing Asia during an ADBI-Chubu University-World Conference on Transport Research Society (WCTRS) international symposium on 19 April. They examined how integrating QOL evaluation into transport design and spatial infrastructure projects could advance the Sustainable Development Goals. Drawing upon case studies from France, Germany, Japan, the United Kingdom, and across Asia, they also explored the principles, application, and sustainable growth benefits of qualitative indicators for guiding post COVID-19 quality transport infrastructure development. View the webinar recording.

April 2021
ADBI-ASEAN Explore Creative Economy’s Sustainable Development Role

Amid the United Nations International Year of Creative Economy for Sustainable Development, experts from the Association of Southeast Asian Nations (ASEAN) region shared insights and best practices for advancing creative industries and mitigating COVID-19 challenges within the sector during an ASEAN-ADBI webinar on 20 April. They focused on the design of policy frameworks that could maximize the creative economy’s potential to promote sustainable development. Their recommendations included greater adoption of digitalization, talent nurturing, crisis period financing provision, and domestic and international partnerships. View the webinar recording.

April 2021
ADBI-OECD-ILO Report Assesses COVID-19 Impacts on Asia’s Labor Migration Landscape

A new report by ADBI, the Organisation for Economic Co-operation and Development (OECD), and International Labour Organization (ILO) details how COVID-19 has changed Asia’s labor migration landscape. Labor Migration in Asia: Impacts of the COVID-19 Crisis and the Post-Pandemic Future provides new labor migration data and gauges COVID-19’s labor mobility and policy implications. It also assesses medium- and long-term factors to shape migration in Asia, digitalization’s role in enabling effective migration management, and ways to adapt measures to build back better in the post-pandemic future. Download the report, view the summary video, and register for the launch webinar.

April 2021
Webinar Registration: BSP Governor Diokno on Financial Digitalization and Inclusive COVID-19 Recovery

Registration is open for an ADBI Featured Speaker Webinar on 21 April 2021 with Bangko Sentral ng Pilipinas (BSP) Governor Benjamin E. Diokno, who will discuss financial digitalization and inclusive COVID-19 recovery strategy with ADBI Dean Tetsushi Sonobe and a panel of experts. Governor Diokno will describe the Philippine central bank’s roadmap for overcoming pandemic shocks and building a stronger, more technologically advanced, and more inclusive economy. The discussion will be followed by an audience question and answer session. Register for the webinar.

April 2021
ADBI Advisory Council Commends Institute’s Adaptability, Recovery Focus

ADBI Advisory Council (AC) members praised ADBI’s adaptability and timely efforts to promote sustainable and inclusive COVID-19 recovery in Asia and the Pacific during their virtual meeting on 8 April. AC members expressed support for ADBI’s strategic direction under Dean Tetsushi Sonobe and shared ideas for further enhancing ADBI’s research, capacity building, outreach, and synergy with ADB, amid the pandemic and beyond. They considered ADBI’s recent operations and work program, and the positive findings of a new results survey of ADBI stakeholders, administered in coordination with ADB.

April 2021
ADBI-OECD-ILO Roundtable Explores Ways Forward for Labor Migration in Asia

Government officials and experts examined labor migration trends and management challenges amid the COVID-19 pandemic during the 11th ADBI-OECD-ILO Roundtable on Labor Migration in Asia on 7-8 April 2021. They exchanged experience and policy approaches for addressing labor mobility and social protection in the region. This includes recommendations pertaining to repatriation, housing and accommodation, and health considerations that could help international labor migration to build back better.

April 2021
ADBI-ADB-University of Cambridge Assess Fintech’s COVID-19 Shock Mitigation, Inclusive Recovery Roles

Financial technology (fintech) development and ways to maximize its potential to sustain developing Asia’s households and small businesses through the pandemic were explored during a virtual conference on 31 March-1 April, co-hosted by ADBI, ADB, and Cambridge Centre for Alternative Finance, University of Cambridge Judge Business School. Experts examined fintech opportunities to improve financial services access, cushion shocks, and close inequality gaps. They also gauged financial stability risks and regulatory challenges posed by fintech’s rapid development. View the webinar recording.

April 2021
ADBI Experts Describe Sustainable Post-Pandemic Infrastructure Drivers in New E-Book

ADBI Dean Tetsushi Sonobe explains how quality infrastructure development and well-managed urbanization could promote more resilient, green, and inclusive post-COVID-19 growth in the new e-book INTERSECTING, published by the Global Solutions Initiative, Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ), New Dialogues, and ADBI as a knowledge partner. He also assesses the role of think tanks in supporting policy efforts to address pandemic-driven socioeconomic change and build sustainable recovery. Post-pandemic G20 priorities must closely align with the 2030 Sustainable Development Goals to tackle shared challenges, adds ADBI’s Nella Hendriyetty.

April 2021
ADBI Dean Urges Economic Diversification, Inclusion for Sustainable Asian Recovery

Building more diversified and inclusive economies will be key to sustainable post-COVID-19 growth in developing Asia, said ADBI Dean Tetsushi Sonobe during a virtual APEC Business Advisory Council-Asia-Pacific Financial Forum roundtable on 26 March. He explained that pandemic-driven trade, fiscal, and debt challenges could be eased by domestic resource mobilization, small firm digitalization support, green development, and globally consistent trade rules. Enhanced financing access, capacity building, and competition policy could further promote growth and lower monopoly risks, he added.

March 2021
Authors Detail Infrastructure Financing Solutions for Boosting Central Asian Recovery

A launch webinar for the new ADBI Press book Developing Infrastructure in Central Asia: Impacts and Financing Mechanisms, held on 29 March, highlighted innovative approaches to addressing public funding gaps for projects that could support sustainable recovery in the region. The co-editors and contributors discussed the book’s insights on infrastructure’s economic spillover effects and how they can be leveraged to attract private investment within the sector. They also spotlighted select projects’ economic impacts and financing strategies, including public-private partnerships, followed by a question-and-answer session. View the webinar recording and download the book for free.