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 ...

This report documents the increase in labor migration in Asia and looks a t how finance and technology can aid its positive impact on home countries. As diasporas increase, governments have reached out to citizens abroad to provide them with financial instruments. Remittance channels have long been consolidated, but financial technology is changing the ways in which migrants remit—reducing fees and ...

Avoiding the “middle-income trap” has become a major topic in the economic literature and a key concern for policy makers, even though a precise definition of it and empirical evidence for it remain elusive. The basic argument is that growth in high-income countries differs qualitatively from that of middle-income countries, and hence requires different factor endowments, industrial structures and ...

This report is a summary of the major policy issues raised at discussions among experts and practitioners from various international organizations and several Asian countries at the Third Roundtable on Labor Migration: Assessing Labor Market Requirements for Foreign Workers and Policies for Regional Skills Mobility, which was co-organized by the Asian Development Bank Institute, the Organisation for ...

This report analyzes the institutions and structures that govern labor migration in Asia. It considers the important role of governments and other stakeholders in both labor-destination countries such as Japan, the Republic of Korea, and Singapore, and labor-sending countries such as India, the Philippines, and Sri Lanka. Key issues are the extent to which these structures provide an orderly process ...

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 ...

Climate change is real and adapting to it is an urgent issue for all, particularly for the less developed countries of the Asia and Pacific region. They have contributed the least to the emission of greenhouse gases, but they are the most vulnerable to the effects of climate change. This book compiles policies and best practices on climate change adaptation, focusing on the structural and nonstructural ...

The recently agreed Sustainable Development Goals (SDGs) are expected to guide development through the 2030 time horizon. The 17 SDGs cover many areas, such as poverty, health, sustainable development, and the environment. Given that trade is not an end in itself, there is no specific SDG goal for trade, but it is recognized as an important means of implementation. The objective of this book is to ...

This book investigates long-term development issues for members of the Association of Southeast Asian Nations (ASEAN). It finds that with a proper policy mix including domestic structural reforms and bold initiatives for regional integration, by 2030 ASEAN has the potential to reach the average quality of life enjoyed today in advanced economies and fulfill its aspirations to become a resilient, ...

Since 2011, ADBI and the OECD have held an annual Roundtable on Labor Migration in Asia. The success of these events reflects the realization that meeting challenges means reaching out to colleagues in other countries. This report builds on these round tables and aims to identify innovative models for managing new and emerging forms of labor migration. To that end, it also provides, for the first ...