ADB management and subject experts share knowledge, views, and insights on development issues in op-ed articles and opinion pieces published in international and regional publications.
The economic topic receiving most attention in the last few days is certainly that of foreign direct investment, or FDI, thanks to the World Bank, which brought this issue to Indonesia’s President Joko Widodo’s attention.
On 24 August, United States (US) President Donald Trump announced an increase from 25% to 30% for the existing tariffs on $250 billion of Chinese imports from 1 October and new 15% tariffs on $300 billion of Chinese imports from 1 September.
Increasing women’s participation in the workforce and closing the wage gap would have a
tremendous growth impact for Asia and the Pacific.
Since 2014, South Asia has been the fastest growing subregion in the world, with its eight economies collectively boasting average annual growth of 7.0%.
Here’s a statistic: 75 percent of the infrastructure that will be required globally in 2050 has yet to be built. That sounds daunting, but the truth is more encouraging because it presents us with a critical opportunity.
Climate change is causing more frequent and more intense natural hazards.
To tackle the emerging development challenges facing the region, policymakers, and crucially policy advice, need to use measures of sustainable development.
More than 70 years ago Mahatma Gandhi wrote “recall the face of the poorest and weakest [person] you have seen, and ask yourself if this step you contemplate is going to be any use to [them]”.
Sri Lanka is widely recognized for its rapid development progress—as shown by various development indicators—but underperformance on growth.
On any given working day, whether you are driving around Manila, Jakarta, or Bangkok, the experience tends to be the same—long spells crawling in slow-moving or almost stationary traffic.