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Asia's Developing Future
By Asian Development Bank InstituteEducation
Asia's Developing Future episodes
- How to thread the economic and political needle on Asian infrastructure growthAsian Development Bank Institute Dean Naoyuki Yoshino and renowned political scientist Francis Fukuyama of Stanford University’s Leadership Academy for Development discuss strategies for meeting developing Asia’s surging demand for infrastructure.Read the transcripthttps://bit.ly/2kgBsqSAbout the authorNaoyuki Yoshino is the dean and chief executive officer of the Asian Development Bank Institute and professor emeritus of Keio University in Tokyo.Francis Fukuyama is a political scientist at Stanford University’s Leadership Academy for Development.ADBI websitehttp://www.adbi.orgADBI’s recent publications on infrastructurehttps://bit.ly/2lVlrXDhttps://bit.ly/2lAcV0g8 min
- How resilient is Southeast Asia in weathering economic volatility?Asian Development Bank Institute Dean Naoyuki Yoshino met with Indonesian Finance Minister Sri Mulyani to discuss the future of trade and economic resiliency in Southeast Asia.Read the transcripthttps://bit.ly/34bNXWSAbout the authorNaoyuki Yoshino is the dean and chief executive officer of the Asian Development Bank Institute and professor emeritus of Keio University in Tokyo.7 min
- Republic of Korea needs green finance to meet climate change commitmentsCitizens of the Republic of Korea know the country needs to change how it generates energy. They breathe in evidence of that need every day. Ultra-fine dust covers the whole country; more of it than in any other country in the OECD.As a recent working paper for the Asian Development Bank Institute points out, companies and private citizens have yet to fully endorse the idea of going green despite more than two decades of government efforts to address climate change.Read the transcripthttps://bit.ly/2MvORroRead the working paperhttps://bit.ly/2P8ZhzvAbout the authorsDeokkyo Oh is a research fellow at the Korea Corporate Governance Service in Seoul.Sang-Hyup Kim is an adjunct professor at the Korea Institute for Advanced Science and Technology in Seoul.Know more about ADBI’s workhttps://bit.ly/2V1rgzlhttps://bit.ly/31r51WD7 min
- Spillover taxes could help boost green energy projects in AsiaGreen energy projects need innovative funding methods if they are to succeed in Asia. One option governments could consider is to plow additional taxes generated by green energy projects back into those projects.Read the transcripthttps://bit.ly/2H2AJBtRead the working paperhttps://bit.ly/33tRZt3About the authorsNaoyuki Yoshino is the dean and chief executive officer of the Asian Development Bank Institute and professor emeritus of Keio University in Tokyo.Farhad Taghizadeh-Hesary is an assistant professor at the Faculty of Political Science and Economics of Waseda University in Tokyo.Related videoshttps://bit.ly/2mRi1Uvhttps://bit.ly/2srrlBLKnow more about ADBI’s workhttps://bit.ly/33xQhakhttps://bit.ly/2yWEvrNhttps://bit.ly/2Z7kGwu7 min
- Singapore started well but more is needed to become a green finance hubSingapore wants to be a hub for green finance in Asia. The launch of two successful “green” bonds signaled that intention but serious work is still required to bring the goal closer to reality.The city-state is already a financial hub for the region. Becoming a center for green financing is a laudable goal but the hurdles Singapore faces are not small.Read the transcripthttps://bit.ly/31peJbTRead the working paperhttps://bit.ly/2Ti95piAbout the authorsYoungho Chang is the Head of Business and Management Minors, School of Business, Singapore University of Social Sciences.Know more about ADBI’s workhttps://bit.ly/31r51WDhttps://bit.ly/2Kv2cNn7 min
- The effect of services needs to be updated in economic activity data to avoid bad decisionsThe idea that manufacturing is superior to services for powering a country’s economy has long been taken as a given.That’s why some economists have issued warnings about developing countries experiencing what they call premature deindustrialization. In those countries, they see service activity overtaking manufacturing before a proper manufacturing economy has taken hold.But what if the way services are measured no longer reflects modern production? And what if services don’t deserve to be relegated to a lesser form of production anyway?Read the transcripthttps://bit.ly/2KeCFYzRead the working paperhttps://bit.ly/2OrCE8RAbout the authorsValerie Mercer-Blackman is a senior economist at the Asian Development Bank.Christine Ablaza is a doctoral student at the University of Queensland in Brisbane.Know more about ADBI’s workhttps://bit.ly/2YuWWhHhttps://bit.ly/2YufPRH7 min
- Peer-to-peer lending could help small firms find funds, but careful handling is neededSmall and medium-sized companies have trouble raising money and that’s a problem, since they account for a large part of the global economy. If there was a way to make it easier for them to get cash, everyone would benefit.Peer-to-peer lending could be one answer.P2P lending, as it is known, matches investors with individuals and companies looking for funds. It’s an internet-based process that is part of a booming field called financial technology, or fintech for short.Read the transcripthttps://bit.ly/2YljVzHRead the working paperhttps://bit.ly/2Yn5U4EAbout the authorsNaoko Nemoto is a financial economist at the ADBI.David Storey is a graduate student of economics at the University of Warwick and former research associate at ADBI.Bihong Huang is a research fellow at ADBI.Know more about ADBI’s workhttps://bit.ly/2Y8aQuYhttps://bit.ly/32R3FpF8 min
- Trade in services should be encouraged for sustainable development goalsTrade in services, and not just merchandise, needs to be encouraged so that countries can meet the Sustainable Development Goals targeted by the United Nations for 2030.Trade liberalization is key to many of the 17 areas addressed in the 2015 agreement, whether directly or implicitly. The goals set out in the agreement cover a range of topics, from poverty reduction to improving public health and protecting the environment.Read the transcripthttps://bit.ly/2XSz0o7Read the working paperhttps://bit.ly/2LrWMWeAbout the authorsMatteo Fiorini is a Fellow at the Robert Schuman Centre for Advanced Studies of the European University Institute.Bernard Hoekman is a Professor and Director at the institute.Know more about ADBI’s workhttps://bit.ly/2XJHJ0Fhttps://bit.ly/2LZCEKv6 min
- Routinization's impact on labor shares in developing vs developed AsiaRoutinization is the process where technological advances become cheap enough that they can be used to replace the routine tasks done by workers. Listen to how this affects developing vs developed Asia.Read the transcripthttps://bit.ly/2S3LJD4Read the working paperhttps://bit.ly/2YRnmLiAbout the authorMitali Das is a deputy division chief at the International Monetary Fund.Know more about ADBI’s workhttps://bit.ly/2JnpMfr8 min
- Japan’s declining labor share attributed to conditions in growing service industriesEconomists have been trying to figure out why the share of income taken by workers has been declining in many economies. While global growth has continued to make the pie bigger, the share of that pie dished out for labor has shrunk in many places.It’s an important issue, since greater inequality is usually the result when workers are getting less of the pie but the owners of the businesses they work for are taking home a bigger slice.Read the transcripthttps://bit.ly/2X6bBziRead the working paperhttps://bit.ly/2ZJ79rHAbout the authorsKyoji Fukao is a professor of economics at the Institute of Economic Research of Hitotsubashi University.Cristiano Perugini is an associate professor at the University of Perugia.Know more about ADBI’s workhttps://bit.ly/2XDWp0E5 min
About Asia's Developing Future
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ADBI is the think tank of the Asian Development Bank. We conduct policy research and capacity building to drive sustainable development in Asia and the Pacific.
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