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Governance and public sector management, Private sector development, Transport
Economics, Governance and public sector management, Health, Private sector development
Blog, Economics, Industry and trade, Private sector development, Transport
Economics, Governance and public sector management, Industry and trade, Private sector development
Governance and public sector management, Industry and trade, Information and Communications Technology, Private sector development
Industry and trade, Information and Communications Technology, Private sector development
Governance and public sector management, Private sector development
Private sector development
Asian lessons for reviving infrastructure investment as a driver of resilient development
In the post-pandemic era, the need for a timely rebound in infrastructure development is more urgent than ever.
Fight for survival: Indonesia’s hard-hit small informal firms struggle to outlast the pandemic
A critical challenge in achieving inclusive growth is to formalize informal firms and non-contract-based employees.
Infrastructure investment to spur firm performance in Central Asia
Effective infrastructure projects not only construct infrastructure, such as roads, railways, water supply, and electricity, but can boost economic growth in the surrounding region through “spillover effects” (Yoshino, Azhgaliyeva, and Mishra 2021). The infrastructure benefits firms by lowering costs and improving connectivity and the ease of doing business, leading to greater sales and exports.
SMEs in global value chains: Catalysts for dynamic and inclusive economic growth
The world has been witnessing the active construction of global value chains (GVCs) by multinational corporations (MNCs) in recent decades. According to the World Bank (2020), the share of GVC trade in world trade increased rapidly from approximately 40% in 1990 to over 50% in 2007 before declining somewhat after the global financial crisis in 2007–2008. MNCs fragment production processes into various stages and locate them in various countries and places where the particular stages can be conducted most efficiently, or at least cost, in order to achieve an efficient production system.
The value creation potential of platforms
The rapid success of modern platforms is a testament to their ability to scale efficiently to the needs of many while providing an undeniable and significant advantage over the older methods that had so far dominated value exchanges. Powered by the public Internet and robust local connectivity, digital platforms rose to the challenge of developing newer, more efficient alternatives in their respective focus areas.
Expanding trade opportunities for SMEs in Asia and the Pacific
Small and medium-sized enterprises (SMEs) are the backbone of the Asian economy. They already account for over 95% of all businesses in Asia and employ an estimated 60% of the region’s workforce (Mastercard and the Economist Intelligence Unit 2019). Hence, helping SMEs grow can translate directly into economic and workforce expansion.
“Monsters” in the house? What to do about Malaysia’s government-linked companies
About a month before Malaysia’s parliamentary election in May 2018, then-opposition leader Mahathir Mohamad raised concerns over the role that government-linked companies (GLCs) were playing in the economy, being “huge and rich” enough to be considered “monsters”. Data support his description—GLCs account for about half of the benchmark Kuala Lumpur Composite Index, and they constitute seven out of the top-10 listed firms in 2018. They are present in almost every sector, sometimes in a towering way. Globally, Malaysia ranks fifth-highest in terms of GLC influence on the economy.
PPPs in ASEAN: Why I’m excited, and how to keep the momentum
Discussions I’ve had around public-private partnerships (PPPs) in Asia have typically focused on India and the PRC because of their strong deal volumes. Having listened to and interacted with agencies in several ASEAN countries, I believe ASEAN is at an inflection point that could soon make it the bustling PPP market ADB has long been working toward.
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