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Tackling the challenge of growing inequality in Asia
Income inequality is one of the most profound social, economic, and political challenges of our time. A survey conducted by Pew Research Center (2014) found that more than 60% of...
Unraveling the linkages between agriculture and climate change
...emissions compared to traditional wheat farming systems (Aryal et al. 2015). There are several other CSA practices, such as laser land leveling, climate-smart livestock farming, site-specific nutrient management (SSNM), and...
Better urban management in the Pacific offers double dividends
...of proactive planning and management for urban growth. Underinvestment in roads and drainage means that urban infrastructure often serves populations which are many times larger than the number of people...
Openness and infrastructure are key to growth in Indonesia
...for enterprises to enter and upgrade in global value chains. This is best achieved by a combination of outward-oriented policies and complementary measures to create world-class infrastructure—as well as by...
Driving household energy modernization in South Asia amid COVID-19
...households’ access to liquefied petroleum gas (LPG), or cooking gas. Prices of LPG may have soared unnaturally compared to regular times due to supply shortages, causing people living in villages...
Measuring the economic and social impacts of high-speed rail
...rapid communications and human interaction. Similarly, HSR is more likely to benefit higher-income workers with higher productivity, or those prepared to make longer commuting journeys to access the jobs for...
Is Indonesia’s subsidized rice program benefitting its children?
...the demography and economy of Indonesia. Indonesia is a nation with a predominantly young population. As per the 2010 population census, children (aged below 18 years old) constitute around 34%...
Rising corporate market power in Asia threatens monetary policy effectiveness
...In an environment where firms face fewer competitive pressures in the setting of prices, the results indicate that these financial frictions are compounded by an impairment in the monetary policy...
End of export-led growth would not be good for post-crisis Asia
...markets, and/or that exporting firms become more productive over time. The latter may happen due to several reasons such as economies of scale, dynamic learning, technological spillovers, and competitive pressures....
Managing financial globalization: A guide for developing countries
...Discipline on macroeconomic policies A third potential benefit of financial globalization comes from the political economy channel. With freer capital mobility, a government’s ability to make bad choices may be...
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