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Asia's Developing Future
By Asian Development Bank InstituteEducation
Asia's Developing Future episodes
- Bank of Japan stock buying will be hard to unravelThe Bank of Japan’s ongoing purchases of Japanese stocks has warped the country’s equity markets. Every day it continues will make the eventual unwinding of those holdings harder, both for the central bank and for the markets themselves.In January 2013, the BOJ introduced a 2% price stability target in an effort to extract the country from more than a decade of stagnant or falling prices. That in itself was a rare move by a central bank. Sayuri Shirai of Japan’s Keio University explains.Read the transcripthttps://bit.ly/2WJldkeRead the working paperhttps://www.adb.org/publications/boj-exchange-traded-fund-purchases-unprecedented-monetary-easing-policyAbout the authorSayuri Shirai is a professor at Japan’s Keio University and a visiting scholar at the Asian Development Bank Institute and served on the Bank of Japan’s monetary policy board from 2011 to 2016.Know more about ADBI’s workhttps://bit.ly/2GsYxyX8 min
- Foreign remittances should be a key part of expanding services at postal savings banksPostal savings banks can expand their financial services and bring them to more people, by using foreign remittances as a springboard.With $250 billion in remittances flowing into Asia every year, postal savings banks can provide cheaper and easier ways for people to access those funds and become one-stop-shops for financial services in Asia.That’s the suggestion of a recent book published by the Asian Development Bank Institute, Postal Savings – Reaching Everyone in Asia.Read the transcripthttps://bit.ly/2HGukPhRead the reporthttps://www.adb.org/publications/postal-savings-reaching-everyone-asiaAbout the authorHans Boon is chief executive officer of PostFinance Int’l Development, Amsterdam, a consultant for the World Bank and the International Fund for Agricultural Development, and a director of Eurogiro in Denmark.Know more about ADBI’s workhttps://bit.ly/2sQUSmI5 min
- A simplified tax system could draw more small businesses to pay taxRegulations need to be stronger, and their implementation needs to be simpler, to bring more small- and medium-sized enterprises (SMEs) into Indonesia’s tax system.SMEs are an important and growing segment of Indonesia’s economy but they are under-represented when it comes to paying tax. In 2015, SMEs accounted for 60% of the country’s gross domestic product.The SME sector has been growing fast because the use of information technology and the promotion of creative industries have been adapted to local characteristics. Significant SME growth has taken place in fashion, food, advertising, interior design, and software development.Read the transcripthttps://bit.ly/2WaXZ6ARead the reporthttps://www.adb.org/publications/tax-and-development-challenges-in-asia-pacificRead the chapterhttps://bit.ly/2GyqbM7About the authorsWawan Juswanto was special advisor to the dean of ADBI and a senior economist in the Capacity Building and Training Department of ADBI at the time the book was written.Milson Febriyadi is a fiscal analyst in the Fiscal Policy Agency of the Ministry of Finance in Indonesia.Know more about ADBI’s workhttps://bit.ly/2DswkGUhttps://bit.ly/2FKtYVW5 min
- Postal savings banks have served women better but could do morePostal savings banks have a better record than other financial institutions when it comes to giving women access to financial services. But even more could be done if countries expanded the use of postal savings banks, especially if postal authorities were to actively focus on services attractive to women.Studies have shown that household wealth and income increase when women have more access to financial services such as bank accounts. Research has also shown that increasing the ability of women to generate, save, and control income can improve child nutrition and schooling outcomes.Read the transcripthttps://bit.ly/2T3liNGRead the reporthttps://www.adb.org/publications/postal-savings-reaching-everyone-asiaAbout the authorSmriti Rao is an associate professor of economics and global studies at Assumption College in the United States.Know more about ADBI’s workhttps://bit.ly/2sQUSmI6 min
- Overweight and obesity threaten economic development in Asia and the PacificGrowing populations of the overweight and obese are putting a multi-billion-dollar strain on health costs in developing countries and stifling economic growth.A new book by the Asian Development Bank Institute gathers analyses by economists, doctors, and public health experts on the issue. Overweight and Obesity in Asia and the Pacific: Trends, Costs, and Policies for Better Health was edited by Matthias Helble, ADBI’s co-chair of research at the time the book was published and now an economist at the Asian Development Bank headquarters in Manila, and Azusa Sato, a health specialist at the Asian Development Bank, in Manila.Read the transcripthttps://bit.ly/2HdOjVpRead the reporthttps://www.adb.org/publications/wealthy-unhealthy-overweight-and-obesity-asia-and-pacific-trends-costs-and-policiesAbout the authorsMatthias Helble is an economist at the Asian Development Bank (ADB) in Manila.Azusa Sato is a health specialist also at ADB.Know more about ADBI’s workhttps://bit.ly/2SmLjH9https://bit.ly/2SkFTN7Watch the related videohttps://bit.ly/2RvoGnQ6 min
- Tajikistan’s vital remittance income hurt by Russian Federation economic downturnFalling international energy prices, which are causing an economic crisis in the Russian Federation and some other countries in the region, are having major spillover effects on Central Asia. In the economy and financial sector of Tajikistan, remittances from workers have fallen sharply.Tajikistan covers some 141,000 square kilometers, with a population of about 9 million people. With a gross domestic product of about $7.0 billion—per capita about $800—it is one of the most remittance-dependent countries in the world.For several years it was number one in the world in remittances-to-GDP ratio in 2014, dropping to fourth place in 2016 because remittances from the crisis-affected Russian Federation declined.Read the transcripthttps://bit.ly/2SVDPLzRead the working paperhttps://www.adb.org/publications/financial-inclusion-regulation-literacy-education-tajikistanAbout the authorsRoman Mogilevskii is associate director and senior research fellow at the Institute of Public Policy and Administration.Shokhboz Asadov is a senior research fellow also at the Institute of Public Policy and Administration, University of Central Asia.Know more about ADBI’s workhttps://bit.ly/2FCrKr2https://bit.ly/2RykSly8 min
- Asian think tanks face challenges even as they multiplyThe number of think tanks in Asia has grown over the last decade and many have become prominent.The 2017 Global Go To Think Tank Index Report records 1,676 think tanks in Asia as of December 2017, almost as many as the 1,872 in the United States, and gaining on the 2,045 that have set up in Europe. The report says there are about 8,000 think tanks globally.James McGann, the creator and editor of the report and director of the Think Tanks and Civil Societies Program at the University of Pennsylvania, credited the growth of think tanks to Asia’s economic progress, a better business environment, and policy makers’ need for advice on critical issues.Read the transcripthttps://bit.ly/2LWUAn9Read more about the eventhttps://www.adb.org/news/events/think-tanks-new-knowledge-policy-brokers-asiaAbout the authorJames McGann is senior lecturer of international studies at the Lauder Institute and director of the Think Tanks and Civil Societies Program at the University of Pennsylvania. He is also the creator and editor of the annual Global Go To Think Tank Index.Know more about ADBI’s workhttps://bit.ly/2R6qWl9https://bit.ly/2s9bBS07 min
- India creates a tool to manage water resources amid crisisInformation is power, and that is true as India tries to solve its water crisis. In June 2018, the Government of India acknowledged that it is in the midst of the worst water crisis in the country’s history. By creating a tool that points out where exactly the government is lacking in managing water resources, India has armed itself with the power to fix the crisis. The move could not have come at a better time as poor water access and sanitation threaten people’s lives and livelihoods.Read the transcripthttps://bit.ly/2RzCVqVRead the bloghttps://www.asiapathways-adbi.org/2018/08/composite-water-management-index-a-pathway-to-solve-the-water-crisis-in-india/About the authorNikhil Bugalia was an intern at the Asian Development Bank Institute and a PhD candidate at the University of Tokyo at the time the study was published.Know more about ADBI’s workhttps://bit.ly/2FkSxYQhttps://bit.ly/2VDhdRR5 min
- The four Rs to look for in think tanksWith think tanks around the world now numbering 8,000 and counting, how do you pick the best among them? James McGann, senior lecturer of international studies at the Lauder Institute and director of the Think Tanks and Civil Societies Program at the University of Pennsylvania, identified four things a think tank must master.Read the transcripthttps://bit.ly/2QlU2YmRead more about the eventhttps://www.adb.org/news/events/think-tanks-new-knowledge-policy-brokers-asiaAbout the authorJames McGann is senior lecturer of international studies at the Lauder Institute and director of the Think Tanks and Civil Societies Program at the University of Pennsylvania. He is also the creator and editor of the annual Global Go To Think Tank Index.Know more about ADBI’s workhttps://bit.ly/2R6qWl9https://bit.ly/2s9bBS07 min
- ASEAN needs to do more to maintain its emergency rice reserves and use them efficientlyThe Association of Southeast Asian Nations has a long-standing agreement to build and maintain rice reserves to deal with natural disasters and growing food insecurity among its 10 members. The rice reserves are effective, but more needs to be done to streamline funding of and access to the reserves to make sure relief arrives faster.An Asian Development Bank Institute study found that ASEAN member countries should speed up negotiation for, coordination of, and responses to requests for emergency food aid.Read the transcripthttps://bit.ly/2LOkf13Read the policy briefhttps://www.adb.org/publications/building-food-security-asia-through-international-agreements-rice-reservesAbout the authorsKunmin Kim is a task manager at the Asian Development Bank Institute.Paula P. Plaza is a litigation lawyer at Angara Abello Concepcion Regala & Cruz Law Offices in the Philippines.Know more about ADBI’s workhttps://bit.ly/2Vsanynhttps://bit.ly/2SzZIQy6 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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