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The Yellow Brick Road to Golden Indonesia 2045: Advice for the New Government
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Indonesia is charting a path toward its long-term vision for sustainable development, known as Golden Indonesia 2045.
Exchange rate transmission to prices in emerging Asia and the role of global shocks
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Central banks in emerging Asia have helped to bolster the resilience of their economies to external shocks, but the exchange rate channel remains a key transmission mechanism of disturbances.
ChatGPT and structural change: Proceed with caution
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ChatGPT has the potential to lay the foundation for structural change and economywide productivity growth.
Managing water resources in agriculture can ensure food and water security
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The unsustainable use of water resources in agriculture will have severe implications for future food and water security.
Rising corporate market power in Asia threatens monetary policy effectiveness
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Market power has been a long-standing concern for many policy makers and academic researchers as it greatly matters for economic welfare and resource allocation.
Mounting debt and capital flow management risks amid a strong US dollar
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A tightening United States monetary policy cycle in 2022 in the face of severe inflationary pressures has led to a broad-based appreciation of the US dollar.
What can the quality of institutions tell us about macrofinancial resilience in Asia?
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Asia has made substantial progress on economic development over the past 3 decades, with the quality of institutions playing an important role.
Unconventional monetary policy in Southeast Asia eased market turmoil during COVID-19
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Quantitative easing measures in Southeast Asia helped to alleviate pressure on long-term bond yields and support stability in asset markets.
Plunging yen hit by widening interest rate differentials and rising commodity prices
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The yen’s safe-haven status has been called into question after sharp depreciations amid rising energy prices and widening global interest rate differentials relative to Japan.
Fight for survival: Indonesia’s hard-hit small informal firms struggle to outlast the pandemic
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A critical challenge in achieving inclusive growth is to formalize informal firms and non-contract-based employees.
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