ADB Working Paper

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  • Fiscal Space and Increasing Fiscal Resilience 

    Aizenman, Joshua; Jinjarak, Yothin; Thi, Hien; Nguyen, Kim; Park, Donghyun (Asian Development Bank, 2019-05-15)
    The paper compares fiscal cyclicality across regions and countries from 1960 to 2016. It finds that more than half of 170 countries analyzed in seven regions had, in more recent years, limited fiscal space, and that their fiscal policy was either ...
  • Microfinance for Disaster Recovery: Lessons from the 2015 Nepal Earthquake 

    Dhakal, Nara Hari; Simkhada, Nav Raj; Ozaki, Mayumi (Asian Development Bank, 2019-05-15)
    Disasters often affect the poor more than other segments of society. Once a disaster strikes, the poor have to allocate their scarce resources to cope with the disaster’s effects. With the limited financial resources they rely on after a disaster, the ...
  • Water Tariff Setting and Its Welfare Implications: Evidence from Cities in the People’s Republic of China 

    Jiang, Yi; Calub, Renz Adrian T.; Zheng, Xiaoting (Asian Development Bank, 2019-05-15)
    We develop a framework to analyze urban water tariff setting and its welfare implications and apply it to a panel of cities in the People’s Republic of China in the 2000s. First, we find that peer cities’ water tariff levels have a significant influence ...
  • Financial Shocks and Exchange Market Pressure 

    Patnaik, Ila; Pundit, Madhavi (Asian Development Bank, 2019-05-15)
    The taper tantrum episode induced a sudden outflow of capital from emerging markets back to the United States. This paper analyzes exchange market pressure in 93 developing and emerging market economies during this episode, drawing on recent methodological ...

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