Industry and trade, Information and Communications Technology
Economics, Energy, Environment, Governance and public sector management, Infrastructure
Gender, Health
Economics, Finance sector development, Industry and trade
Economics, Finance sector development, Governance and public sector management
Economics, Education, Finance sector development
Economics, Finance sector development, Governance and public sector management
Economics, Education, Governance and public sector management, Poverty
Economics, Finance sector development, Governance and public sector management
Economics, Finance sector development, Governance and public sector management
Digital trade needs more coordination, leadership
![Digital trade needs more coordination, leadership Digital trade needs more coordination, leadership](https://www.asiapathways-adbi.org/wp-content/uploads/2017/05/Digital-trade-needs-more-coordination-leadership-180x169.jpg)
Electronic documentation in trade has made impressive recent gains in Asia and the Pacific. Up to 38% of banks in the region report progress in digitizing their operations in 2015, and more than a third of countries had partially or fully implemented electronic customs systems by the end of last year.
Electrifying emerging ASEAN through off-grid distributed renewable energy systems
![Electrifying emerging ASEAN through off-grid distributed renewable energy systems Electrifying emerging ASEAN through off-grid distributed renewable energy systems](https://www.asiapathways-adbi.org/wp-content/uploads/2017/05/Electrifying-emerging-ASEAN-through-off-grid-distributed-renewable-energy-systems-180x180.jpg)
Some 134 million people in the Association of Southeast Asian Nations (ASEAN) region do not have access to electricity (IEA and ERIA, 2013). At the end of 2015, the ASEAN Community declared that the lack of power and energy access could threaten the region’s economic growth and its economic transition.
Economic impacts of obesity in the Republic of Korea
![Economic impacts of obesity in the Republic of Korea Economic impacts of obesity in the Republic of Korea](https://www.asiapathways-adbi.org/wp-content/uploads/2017/04/Economic-impacts-of-obesity-in-the-Republic-of-Korea-180x180.jpg)
Obesity is a state of excessive body fat accumulation and is difficult to measure. Body mass index (BMI)—defined as weight in kilograms divided by the square of height in meters—has been used traditionally for its simplicity and the availability of data. Although shortcomings of using BMI have been acknowledged, its correlation with body fat percentage and its sensitivity in diagnosing obesity based on the body fat percentage have been verified for Korean people (Chung et al. 2016).
How does exchange rate volatility affect value added and gross trade?
![How does exchange rate volatility affect value added and gross trade? How does exchange rate volatility affect value added and gross trade?](https://www.asiapathways-adbi.org/wp-content/uploads/2017/04/How-does-exchange-rate-volatility-affect-value-added-and-gross-trade-180x180.png)
The rise of Donald Trump has reignited the debate on the link between exchange rates and trade. The Trump administration has blamed the exchange rate policies of the People’s Republic of China (PRC), Japan, and Germany for the current account deficit in the United States (US), and the president’s Twitter posts have put many major currencies on a roller coaster ride. Now, policy makers around the globe are concerned about the negative impact of exchange rate volatility on world trade.
Escaping the middle income trap: Innovate or perish
![Escaping the middle income trap: Innovate or perish Escaping the middle income trap: Innovate or perish](https://www.asiapathways-adbi.org/wp-content/uploads/2017/04/Escaping-the-middle-income-trap-Innovate-or-perish-180x180.jpg)
The “middle income trap” captures the situation where a middle income country can no longer compete internationally in standardized, labor-intensive commodities because wages are relatively too high, and it can also not compete in higher value added activities on a broad enough scale because productivity is relatively too low. The result is slow growth, stagnant or falling wages, and a growing informal economy.
Hometown investment trust funds: A sustainable solution for financing green energy projects
![Hometown investment trust funds: A sustainable solution for financing green energy projects Hometown investment trust funds: A sustainable solution for financing green energy projects](https://www.asiapathways-adbi.org/wp-content/uploads/2017/04/Hometown-investment-trust-funds-A-sustainable-solution-for-financing-green-energy-projects-180x180.jpg)
The Fukushima Daiichi nuclear disaster was an energy accident at the Fukushima No. 1 Nuclear Power Plant in Fukushima, Japan, initiated primarily by the tsunami that followed the Tohoku earthquake on 11 March 2011 and led to a nuclear shutdown in the country. Japan substituted the loss of nuclear power with fossil fuels, such as oil, gas, and coal, and became more dependent on their imports and consumption.
Assessing the BOJ’s yield curve control policy
![Assessing the BOJ’s yield curve control policy Assessing the BOJ’s yield curve control policy](https://www.asiapathways-adbi.org/wp-content/uploads/2017/03/Assessing-the-BOJ’s-yield-curve-control-policy-180x180.jpg)
The Bank of Japan (BOJ) announced in September last year that it would be switching the focus of its quantitative easing program from monetary base targeting to controlling the shape of the yield curve (Bank of Japan, 2016). A brief comparison of the two frameworks is as follows. The previous monetary easing framework, Quantitative and Qualitative Monetary Easing (QQE) with a Negative Interest Rate, set out three policy dimensions: quantity, quality, and interest rates.
Why is Income Distributed Unequally? A Comparison of Japan and the United States
![Why is Income Distributed Unequally? A Comparison of Japan and the United States Why is Income Distributed Unequally? A Comparison of Japan and the United States](https://www.asiapathways-adbi.org/wp-content/uploads/2017/03/Why-is-Income-Distributed-Unequally-A-Comparison-of-Japan-and-the-United-States-180x180.jpg)
Japan and the United States (US) are at similar levels of economic development, yet their income distributions are considerably different. Whereas Japan has a relatively equal income distribution, the US is marked by a high level of income inequality. What are the sources of income inequality in both countries? Our latest research aims to uncover the sources on income inequality in both countries by exploiting detailed household panel survey.
Ultra-low interest rates and wandering overinvestment cycles in East Asia
![Ultra-low interest rates and wandering overinvestment cycles in East Asia Ultra-low interest rates and wandering overinvestment cycles in East Asia](https://www.asiapathways-adbi.org/wp-content/uploads/2017/03/Ultra-low-interest-rates-and-wandering-overinvestment-cycles-in-East-Asia-180x180.png)
In the 1960s, Kaname Akamatsu (1961) described the gradual relocation of industries from the advanced industrialized countries in East Asia to the less advanced countries during the latter’s economic catch-up process as the “flying geese” pattern. For instance, the textile industry was clustered in Japan in the 1950s but then successively relocated to the newly industrialized economies (Hong Kong, China; Taipei,China; Singapore; and the Republic of Korea), the new generation of tiger countries (Indonesia, Malaysia, the Philippines, and Thailand), the People’s Republic of China (PRC), and now increasingly to Viet Nam.
The brief for cash
![The brief for cash The brief for cash](https://www.asiapathways-adbi.org/wp-content/uploads/2017/03/The-brief-for-cash-180x180.jpg)
Cash is an extremely useful social contrivance. Two possible drawbacks of high-denomination cash have recently been discussed by Kenneth Rogoff (2016) in his book, The Curse of Cash, and echoed by other economists. They are the extensive use of high-denomination cash by criminals and others engaged in illicit and corrupt activities, and the role that cash plays in avoiding deeply negative nominal interest rates imposed on bank accounts. Rogoff and others call for a phasing-out of high denomination cash over a long period.
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