Monetary and Currency Policy Management in Asia draws lessons from the financial crisis of 1997–1998, and the global financial crisis of 2007–2009 and makes concrete macroeconomic policy recommendations aimed at minimizing the impacts of an economic and financial downturn, and setting the stage for an early return to sustainable growth. The focus is on short-term measures related to the cycle. This ...

This major book from ADBI Press aims to provide the latest scientific evidence on infrastructure investment, including new ideas as to how to finance infrastructure. The editors believe the 500-page book will make an important contribution to help Asia and the Pacific region close their infrastructure gap and continue on the path to prosperity.

Mission incomplete! This phrase neatly captures the progress made by the Bank of Japan (BOJ) in reflating the economy. In April 2013, under its new governor, the BOJ launched an unprecedented quantitative and qualitative monetary easing policy. Haruhiko Kuroda was certain that the 2% price stability target would be achieved within 2 years. About 4 years later, the BOJ lags behind other major central ...

Central banks are facing a range of growing challenges that have arisen from recent trends in aging populations, low productivity, and new technology and innovation. Growing Central Bank Challenges in the World and Japan offers insights for central banks looking to tackle the most pressing challenges under the global spotlight, starting with low inflation and its related impacts on unconventional ...

The objective of this book is to take stock of the challenges faced by SMEs in the CAREC landlocked economies in terms of their access to finance in view of the above-mentioned constraints. This includes identifying cultural, procedural, institutional, and regulatory incentives, disincentives, and barriers faced by SMEs to access finance, and the reasons for the lack of such access. The study also ...

In light of the evolving global economic order and the experiences of the global financial crisis of 2008–2009, this book addresses the important question of how Asia’s regional architecture for economic and financial surveillance, financial safety nets, and crisis management can be strengthened and meshed with those of the International Monetary Fund (IMF) and the Financial Stability Board to ...

Tax and Development: Challenges in Asia and the Pacific is an anthology by contributors who have been involved in the activities of the Asian Development Bank (ADB) and the ADB Institute on fiscal policy and taxation in various capacities. While the contributors have different backgrounds, they have worked for one common cause, namely, the development of the Asia and Pacific region with respect to ...

SMEs play a vital role in the Asian economy and comprise about 70% of the workforce and GDP in the region. To enhance productivity and ensure sustainable growth in Asia, it is vital to provide smooth financing to SMEs. Traditionally, commercial banks in Asia have regarded loans to SMEs as too risky relative to high transaction costs. However, new technologies including distributed ledger technology, ...

This report analyzes labor migration trends in Asia and puts them in the context of demographic and policy trends. It provides an overview of the population trends in different Asian countries and looks at policy settings in several sending and destination countries of labor migrants. It examines different approaches to effective labor migration management, including the imposition and regulation ...

The objective of this book is to take stock of the challenges faced by SMEs in the CAREC landlocked economies in terms of their access to finance. This includes identifying cultural, procedural, institutional, and regulatory incentives, disincentives, and barriers faced by SMEs to access finance, and the reasons for the lack of such access. The study also assesses opportunities for SMEs to link with ...