ADBI Working Papers

The Asian Development Bank Institute (ADBI) Working Paper series is a continuation of the formerly named Discussion Paper series which began in January 2003. The numbering of the papers continued without interruption or change. ADBI was established in 1997 in Tokyo, Japan, to help build capacity, skills, and knowledge related to poverty reduction and other areas that support long-term growth and competitiveness in developing economies in Asia and the Pacific.


  • Optimal Regulations of P2P Lending for Small and Medium-sized Enterprises 

    Nemoto, Naoko; Huang, Bihong; Storey, David (Asian Development Bank Institute, 2019-01-15)
    Globally, the regulation of P2P lending has evolved significantly in recent years, with mostly beneficial effects on the diversification of funding for individuals and corporations. Regulatory responses have varied greatly between countries, and the ...
  • The Servicification of Manufacturing in Asia: Redefining the Sources of Labor Productivity 

    Mercer-Blackman, Valerie; Ablaza, Christine (Asian Development Bank Institute, 2018-12-30)
    Services are playing an increasingly important role in the global economy. Over the last few decades, the sector’s contribution to output, employment, and value-added trade has grown quite dramatically. The rise of services and apparent decline of ...
  • Local Financial Development, Access to Credit and SMES' Performance: Evidence from Bangladesh 

    Hossain, Monzur; Yoshino, Naoyuki; Taghizadeh-Hesary, Farhad (Asian Development Bank Institute, 2018-12-30)
    This paper tests whether local financial development matters for SMEs’ growth performance. We develop a theoretical model framework based on banks’ and firms’ profit-maximizing behavior that critically hinges upon credit default risk ratio. We argue ...
  • Marketing: The Crucial Success Factor for Pakistan's Credit Guarantee Scheme 

    Nadeem, Talha; Rasool, Raheel (Asian Development Bank Institute, 2018-12-30)
    Despite their significant contribution to GDP and employment, SMEs face constraints in accessing finance in Pakistan. To motivate banks to lend to SMEs, the State Bank of Pakistan introduced a “Credit Guarantee Scheme for Small and Rural Enterprises” ...

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