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Macroprudential Policy Frameworks in Developing Asian Economies
As Asia becomes more interconnected, a key priority is to ensure that macroprudential policies adequately help control systemic risks.
Governance, Vulnerability to Climate Change, and Green Growth: International Evidence
Examining the role of governance and vulnerability to climate change in green growth using a global panel data set, findings suggest promoting good governance and reducing climate change vulnerability can contribute to a cleaner environment.
Exploring Risk-Adjusted Fiscal Sustainability Analysis for Asian Economies
This paper explores the analytical tools available for gauging fiscal sustainability under uncertainty to help national authorities in managing and mitigating fiscal vulnerability in Asia.
Achieving Environmental Sustainability in Myanmar
With many environmental assets, and industrial pressure only beginning to develop, Myanmar could effectively form policies and regulations that ensure sustainable growth and conservation of key natural resources.
Constructing a Bias-Free Trade Governance Indicator: Revealing the Biases of Existing Survey Indicators
Trade Governance Indicator (TGI) has the potential to improve economic analysis of trade and beyond. By avoiding the endogeneity problem, the true impact of governance on trade can be assessed using TGI.
The Financial Systems of Financially Less Developed Asian Economies: Key Features and Reform Priorities
Developing Asia’s financial depth as a whole compares favorably with other parts of the developing world, but there are wide variations across subregions and economies.
Enhancing Bank Supervision in Asia: Lessons Learned from the Financial Crisis
The global financial crisis underlined that sound and effective bank regulation is vital to financial stability.
Public Service Spending: Efficiency and Distributional Impact—Lessons from Asia
Efficiency and equity are cornerstones in rational service delivery in the public sector. This paper benchmarks efficiency and equity in public spending on health, education and social protection in a broad group of ADB member economies.
Inequality, Inclusive Growth, and Fiscal Policy in Asia
Developing Asia’s sustained rapid growth has improved general living standards and lifted hundreds of millions of Asians out of poverty within a generation. Yet the region now finds itself confronting rising inequality.
Monetary Policy and Foreign Exchange Management: Reforming Central Bank Functions in Myanmar
Priority areas for reform are identified in this paper to allow the Central Bank of Myanmar to effectively perform its emerging new functions in support of economic growth and stability.