ADB and IEA are pleased to announce the three best papers for the 2024 ADB–IEA Innovative Policy Research Award. The award-winning papers were selected from over 150 papers covering a wide range of economic topics. Each award-winning paper will receive a $7,000 grant financed by ADB. The prize will be formally awarded at the ADB-IEA award session of the 2024 ADB Annual Meeting in May 2024. To acknowledge research excellence, the announcement also includes honorable mentions of seven high-quality papers. Read more.


The ADB-IEA Innovative Policy Research Award promotes the application of innovative empirical research in economics to support evidence-based policies for addressing key development challenges in Asia and the Pacific.

Research papers should offer empirical evidence on advancing global and regional public goods in areas of relevance to ADB’s operational priorities, which include: (i) addressing remaining poverty and reducing inequalities; (ii) accelerating progress in gender equality; (iii) tackling climate change, building climate and disaster resilience, and enhancing environmental sustainability; (iv) making cities more livable; (v) promoting rural development and food security; (vi) strengthening governance and institutional capacity; (vii) regional cooperation and integration. Impact evaluations are particularly encouraged.


  • The author of the award-winning paper will receive a $7,000 grant financed by ADB. If the winning paper has coauthors, the award will be shared equally among coauthors.
  • The top three papers will be presented at the ADB-IEA Award session of the 2024 ADB Annual Meeting. ADB intends to apply the ideas generated by the award-winning paper to its operations and policy advice.


Submissions should meet the following eligibility criteria:

  • The paper must be an original research work in economics that provides evidence for better solutions/policies to address a key development challenge in Asia and the Pacific.
  • The paper has not been published or is under consideration by peer-reviewed journals.
  • The researcher is willing to work with policymakers in an ADB developing member country to test and develop the research into policy solutions.
  • Researchers from any country may apply, but the policy solutions must be relevant for an ADB developing member country.
  • We especially encourage young and female scholars and researchers from universities, think-tanks, and academic institutions to apply.

Selection criteria

  • Relevance of the problem to current regional issues/challenges (25%)
  • Quality of methodology and analysis (25%)
  • Structure and presentation (25%)
  • Operational applicability (25%)

Selection committee

  • Ramesh Subramaniam, Director General and Group Chief, Sectors Group, ADB
  • Sona Shrestha, Deputy Director General, Independent Evaluation Department, ADB
  • Ehtisham Ahmad, Former Professor at the Grantham Research Institute, London School of Economics and Political Science (LSE) and Zhejiang University
  • Gordon H. Hanson, Peter Wertheim Professor in Urban Policy, Harvard Kennedy School, Harvard University
  • Fukunari Kimura, Chief Economist, Economic Research Institute for ASEAN and East Asia (ERIA)

Submission due date

Submissions are due no later than 31 December 2023. We anticipate completing selection of the award-winning paper by the end of February 2024. The winning paper will be announced around early April 2024.

Submission process

Submissions should include the full paper, including the title, abstract of 100 words or less, JEL codes, and full names of authors. 

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