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Migration matters: the race to ensure a future supply of workers in Asia
...the international mobility of the other factor of production, labor. A recent article in The Economist, Free Exchange—Border Follies, surveys the latest research on the potential benefits of increasing international...
Time for the PRC to stop buying US Treasuries and start investing in its people
...for students to receive a high-quality education in math and science. Rural students face many obstacles to learning. Commutes can be long and dangerous. Poor health and nutrition hinder their...
The Hidden Menace of Microplastics
...Combatting Microplastic Pollution Coordinated waste management policies and strategies are necessary to address the urgent issue of microplastics. The solutions include enhanced recycling and waste reduction measures, product redesign, and...
ChatGPT and structural change: Proceed with caution
...firms or individuals). It is commonly accepted that continuous innovation and heuristic methods of adopting AI positively affect economic growth and productivity, especially where AI complements existing workers rather than...
Greater partnerships for the effective management of labor migration in Asia
...fruitful discussions during the roundtable and is intended to give policy makers ideas to promote comprehensive and inclusive partnerships with innovative approaches for the efficacious management of labor migration. The...
Can closing borders shut out new COVID-19 strains?
...and community spread but also against the emergence of ever more resistant strains. Improved domestic surveillance, rather than border closures, is needed to buy time for the vaccine rollout, delayed...
Balancing the Spillover Effects of High-Speed Rail Infrastructure Investment in Asia
Comprehensive infrastructure projects have proven to be efficient in reducing poverty, community burdens, and production costs and raising competitiveness within and between regions. However, investment in specific forms of infrastructure...
Building public trust for managing the pandemic’s psychological impacts in the Philippines
...authorities could effectively demand a cooperative and considerate attitude and compliant behavior from the public, which we have observed in many safety instructions and practices, such as hand washing and...
3 ways to serve Asia and the Pacific’s ‘unbanked’
...have discounted previously. At the same time, a fuller credit picture would prevent borrowers from taking on debt they cannot repay. This has been demonstrated in the US where use...
International outsourcing, environmental costs, and welfare
...equivalent, to free trade without outsourcing because outsourcing is a state of free trade coupled with partial factor migration among nations. Meanwhile, in the international outsourcing frontier, a notable development...
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