Economics Working Papers

This paper quantifies economic interdependence among Asian economies and between Asia and the rest of the world using a modern global value chain decomposition framework.

In this paper, the authors examine the relationship between corruption and entrepreneurship employing two widely used proxies from the Global Entrepreneurship Monitor and the World Bank Group Entrepreneurship Survey.

This paper analyzes the trade effects of road and rail infrastructure reforms in 11 member countries of the Central Asia Regional Economic Cooperation (CAREC) program.

This paper presents findings from a study that synthetically assessed the three major transmission channels of international business cycles: trade, foreign direct investment (FDI), and portfolio flows between economies with multiple fixed effects.

Using a sample of more than 12,000 firms in 32 countries, this paper empirically examines the impact of digital technology on the resilience of enterprises during the coronavirus disease (COVID-19) pandemic.

This paper analyzes how regional trade agreements (RTAs) among Asian economies affected the supply of essential medical goods in the context of the COVID-19 pandemic.

This paper analyzes how substantial fiscal policy stimulus in response to COVID-19, combined with the impact of the downturn on revenues, has severely weakened public finances in many developing Asian economies.

This paper presents debt fan charts constructed using the quantile regression approach for nine developing member countries of ADB.

This paper recommends an immediate and frontloaded exchange rate depreciation that can encourage an adjustment process to address the foreign exchange shortage in Papua New Guinea.

This study examines different forms of support for smallholders provided through farmers’ groups and cooperatives in Nepal. It finds that multidimensional support involving productive assets and training is especially effective.