ADB Economics Working Paper Series

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  Improving Paddy Rice Statistics Using Area Sampling Frame Technique 

  Durante, Anna Christine; Lapitan, Pamela; Megill, David; Rao, Lakshman Nagraj (Asian Development Bank, 2018-11-15)

  Traditional sampling strategies for paddy rice statistics rely on outdated list frames, incomplete holding information, or administrative data that are prone to numerous biases. The objective of this study is to test the utility of an area frame developed using remote sensing data in three pilot provinces—Savannakhet (Lao People’s Democratic Republic), Ang Thong (Thailand), and Thai Binh (Viet Nam). ...

  Traditional sampling strategies for paddy rice statistics rely on outdated list frames, incomplete holding information, or administrative data that are prone to numerous biases. The objective of this study is to test the utility of an area frame developed ...
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  Risk Mitigation and Sovereign Guarantees for Public–Private Partnerships in Developing Economies 

  Jett, Alexander N. (Asian Development Bank, 2018-11-15)

  Public–private partnerships (PPPs) face a range of challenges in developed economies, such as appropriate risk sharing, attracting the right sponsors, and ensuring quality of service. As a large percentage of ADB’s developing member countries are considered risky borrowers by international standards, sovereign risks play an important role in predicting the number of PPPs as well as the size of ...

  Public–private partnerships (PPPs) face a range of challenges in developed economies, such as appropriate risk sharing, attracting the right sponsors, and ensuring quality of service. As a large percentage of ADB’s developing member countries are ...
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  The Changing Network of Financial Market Linkages: The Asian Experience 

  Chowdhury, Biplob; Dungey, Mardi; Kangogo, Moses; Sayeed, Mohammad Abu; Volkov, Vladimir (Asian Development Bank, 2018-10-15)

  Recent international financial crises highlight the advantages of understanding the global financial system as a network of economies in which cross-border financial linkages are fundamental to the spread of systemic risk. We investigate the changing network of financial markets for six periods from 1995–2016, constructing a network that captures the concepts of the direction of links between markets, ...

  Recent international financial crises highlight the advantages of understanding the global financial system as a network of economies in which cross-border financial linkages are fundamental to the spread of systemic risk. We investigate the changing ...
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  Do Local Currency Bond Markets Enhance Financial Stability? 

  Park, Donghyun; Shin, Kwanho; Tian, Shu (Asian Development Bank, 2018-10-15)

  It is widely believed that local currency bond markets (LCBMs) can promote financial stability in developing countries. For instance, they can help mitigate the currency and maturity mismatch that contributed to the outbreak of the Asian financial crisis of 1997–1998. In this paper, we empirically test such conventional wisdom on the stabilizing effect of LCBMs. To do so, we analyze and compare the ...

  It is widely believed that local currency bond markets (LCBMs) can promote financial stability in developing countries. For instance, they can help mitigate the currency and maturity mismatch that contributed to the outbreak of the Asian financial ...

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