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Asia's Developing Future

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At the forefront of growth & development in Asia and the Pacific The Asian Development Bank Institute (adbi.org), Tokyo, is the think tank of the Asian Development Bank (ADB), Manila. It is the top regional studies center and the second-ranked government-affiliated think tank in the world. ADBI helps policy makers in developing Asia through research that focuses on medium- to long-term development, and through training that helps reduce poverty.

At the forefront of growth & development in Asia and the Pacific The Asian Development Bank Institute (adbi.org), Tokyo, is the think tank of the Asian Development Bank (ADB), Manila. It is the top regional studies center and the second-ranked government-affiliated think tank in the world. ADBI helps policy makers in developing Asia through research that focuses on medium- to long-term development, and through training that helps reduce poverty.
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Tokyo, Japan

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Podcasts

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At the forefront of growth & development in Asia and the Pacific The Asian Development Bank Institute (adbi.org), Tokyo, is the think tank of the Asian Development Bank (ADB), Manila. It is the top regional studies center and the second-ranked government-affiliated think tank in the world. ADBI helps policy makers in developing Asia through research that focuses on medium- to long-term development, and through training that helps reduce poverty.

Language:

English

Contact:

+81 3 35935500


Episodes

Successful urbanization could free developing countries from the middle-income trap

11/6/2018
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Scores of countries have fallen and are falling into the middle-income trap as they strive to develop. And, because of income inequality, aging populations, and a lack of growth impetus, some may never escape. Of the world’s 199 countries and semi-sovereign economies, 88 are stuck in the middle-income trap: 20 are in Europe, 18 in North America, 16 in Asia, 15 in Africa, 11 in South America, and 8 in Oceania. Chen Wang of Shanghai University of Finance and Economics and Jiajun Lan of the...

Duration:00:06:19

Stronger credit data systems boost services

11/6/2018
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Timely and accurate credit information is critical to a well-functioning financial industry and essential for any government to maintain financial stability. About a third of credit bureaus consider only negative data and provide an incomplete, and often inaccurate, assessment of a borrower’s risks. Governments should collect comprehensive data on each level of business in each sector. Data should also be made available to registries and bureaus to improve their abilities in providing public...

Duration:00:03:13

Increased monitoring is essential for Asian countries’ smooth economic integration

10/30/2018
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Asia is becoming more integrated than ever before and so requires increased monitoring. While integration has increased overall, the movement of goods, services, and people across borders has grown unevenly across sectors and subregions. Policy makers need to be guided through the complex process to benefit from a smooth and successful integration. Read the transcript https://bit.ly/2OfFoAT Read the policy brief https://www.adb.org/publications/monitoring-regional-economic-integration-asia...

Duration:00:03:24

Pacific island countries need to clear many hurdles to get into export markets

10/30/2018
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As the economies of these countries have diversified, their exports have increased to almost three times what they were 2 decades ago. But the gains have been intermittent—and countries need to do more to access Asian markets to boost export revenues further. Businesses need to be able to ship more to export markets. Instead of maintaining trade barriers, governments should support them and help link them to buyers and distributors. Those are some of the hurdles discussed in the policy brief...

Duration:00:04:52

Freer trade can raise living standards and bring down the prices of goods and services

10/23/2018
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The gap between the rich and the poor in Viet Nam has narrowed, thanks to increased imports from the People’s Republic of China. Data collected from 2002 to 2014 show that lower-income groups benefited more than higher-income ones. Numerous studies show that international trade can fuel economic growth and that open economies are generally more prosperous than more protectionist ones. Apart from creating jobs, freer trade can raise living standards and bring down the prices of goods and...

Duration:00:04:55

Small-scale solar systems would be better for developing countries

10/23/2018
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Developing countries in Asia can leapfrog old fossil-fuel energy systems and promote the use of environment-friendly solar-power systems as their growing economies need more and more energy. By 2050, 85% of the world’s estimated 9.7 billion people will live in emerging countries, and about 70% will live in cities, according to a United Nations report. Growing populations will lead to soaring energy demands in the mega-cities that will continue to sprawl. Small-scale solar systems would be...

Duration:00:03:17

Blockchain technology could raise investments for green-energy projects

10/16/2018
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Blockchain technology may be used to finance local renewable-energy projects. The technology, which basically acts as an electronic ledger, allows transactions to be carried out between parties without interference by third parties like banks. It creates trust as it assures investors that all recorded transactions are secure because the data are stored in multiple blocks and therefore difficult to manipulate. Another way the combined approach can build trust is by ensuring that projects are...

Duration:00:04:31

To change the world, tell a good story, says World Toilet Organization founder

10/10/2018
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If you have a good story, you can change the world. If your story makes people laugh, you have an even better chance at success. That’s the message of Jack Sim, who decided after a thriving business career to take on the issue of global sanitation. Expanding the use of toilets would help stop diseases spread by people defecating in the open. More toilets would also lead to more women going to school, since a lack of toilets is often a reason that girls don’t attend school. In 2001, Sim began...

Duration:00:05:51

Asia and the Pacific need to do more to spur financial inclusion

10/10/2018
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Asia and the Pacific need to ensure not only that more people have access to financial products and services but also that the poor can wield them to build wealth. While the Asia-Pacific Economic Cooperation or APEC broadly recognizes that financial inclusion is key to fighting poverty and meeting the Sustainable Development Goals, more needs to be done to improve financial inclusion. Read the transcript https://bit.ly/2Oj0rHR About the speakers Loi M. Bakani is governor of the Bank of Papua...

Duration:00:07:18

The Republic of Korea should help women enter and stay in the workforce

10/2/2018
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The Republic of Korea could improve its citizens’ overall well-being by tackling inequality in the workforce that has left women falling behind their male counterparts. A report by the Organisation for Economic Co-operation and Development points out that on many measures the country remains well behind other OECD countries when it comes to the treatment of women in the workforce. Randall Jones, head of the Japan and Korea desk at the OECD, spoke on the issue at the Asian Development Bank...

Duration:00:03:16

Malaysia needs to take a long, hard look at state-linked firms

10/2/2018
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To be or not to be? That is the question confronting Malaysia’s state-linked companies. Should the government sell its stake in them as they are embroiled in controversy after controversy? The issue becomes starker because the country’s government-linked firms account for about half the benchmark Kuala Lumpur Composite Index, and they constitute 7 out of the top-10 listed firms in 2018. Read the transcript https://bit.ly/2NiFXJM Read the blog post...

Duration:00:04:36

High-speed rail in the People’s Republic of China boosts market access and income

9/25/2018
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The fast growth of a high-speed rail network in the People’s Republic of China has widened market access and boosted incomes. Expanding access to high-speed rail even further would help solve some of the country’s toughest problems. Extending the network and improving access to it would benefit poorer parts of the country. The high-speed rail system has already helped offset some of the sharp divisions between rich and poor in China, a situation that often equates to an urban-rural divide....

Duration:00:04:09

Regulatory reform, willingness to fail needed for Republic of Korea small businesses

9/25/2018
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Small and medium-sized businesses in the Republic of Korea lag well behind their bigger counterparts in productivity, and the gap is getting wider. A recent report by the Organisation for Economic Co-operation and Development suggested that the problems for SMEs are deeply entrenched. Randall Jones, head of the OECD’s Japan and Korea desk, explained the issues facing Korean SMEs at an event hosted by the Asian Development Bank Institute. Read the transcript https://bit.ly/2OUpRb7 About the...

Duration:00:03:35

Better financial literacy and inclusion would strengthen Azerbaijan’s financial sector

9/19/2018
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The drop from peak oil prices is testing Azerbaijan’s economy and its people’s ability to adjust to a more modern financial system. For the decade from 2006 to 2016, few economies were as dynamic as Azerbaijan’s. Petroleum reserves brought boom times and the economy grew by 35% in the year 2006 alone. But the prosperity concealed a troubling undercurrent. When oil prices began dropping beginning in 2014, Azerbaijan’s economic resilience was tested. Read the transcript https://bit.ly/2xtRsJx...

Duration:00:06:20

Improve competition, laws, and regulation to lessen role of chaebol in Republic of Korea

9/19/2018
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Big family business groups known as chaebol still dominate in the Republic of Korea, stifling the growth of other businesses and causing investors to look twice before putting money in the country. These huge diversified companies led the country’s emergence but have since become a drag on its growth. A recent report by the Organisation for Economic Co-operation and Development looked at the issue. Randall Jones, head of the OECD’s Japan and Korea desk, suggested some ways to fix the problem...

Duration:00:03:55

Can we make money from waste?

9/11/2018
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By 2050, half the world’s population will live in Asia and the Pacific. Each year, Asian cities’ total population increases by as many as 44 million people. In their wake are millions of tons of solid waste. The People’s Republic of China alone produces almost 150 million tons of waste every year, with the figure rising 8% to10% annually. India generates about 133,760 tons of solid waste per day, of which some 91,000 tons are collected and only around 26,000 tons treated. Economist Farhad...

Duration:00:04:12

Republic of Korea should consider the impact of the minimum wage before hiking it again

9/11/2018
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The Republic of Korea should hold off on increasing the minimum wage for a year or so while it considers the effect of past hikes. That’s the recommendation of the Organisation for Economic Co-operation and Development. Randall Jones, head of the OECD’s Japan and Korea desk, explained why at an event hosted by the Asian Development Bank Institute. Read the transcript https://bit.ly/2CJgklq About the speaker Randall Jones is head of the Orgnisation for Economic Co-operation’s Japan and Korea...

Duration:00:03:40

High-speed railway projects need careful study to ensure success

9/4/2018
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Fifty years after Japan launched its high-speed railway line, there’s no denying it’s been a game-changer. Run by Japan National Railways, the shinkansen cuts travel time between historical economic centers and connects a network of cities. It’s the spine of one of the most important regional economic belt developments in the world. It’s spurred economic growth in the cities it serves and transformed the country’s economy to what it is today. It’s no surprise other countries are looking at...

Duration:00:03:12

Global outsourcing comes with environmental costs

9/4/2018
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Outsourcing may mean bigger profits for companies seeking cheaper ways to produce goods and services, but it’s not all good news for the host countries. For the countries in the South that welcome the factories of companies from the wealthier North, outsourcing comes with environmental costs. The People’s Republic of China, considered the world’s factory, is an example. Since China joined the World Trade Organization in 2001, there has been an influx of companies moving their factories to...

Duration:00:03:55

Will financial liberalization trigger an economic crisis in China?

8/28/2018
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Financial liberalization is typically associated with bringing benefits to emerging economies—cutting red tape, boosting growth, expanding trade, and creating jobs and opportunity. Is it just what China needs as the country’s leaders grapple with how to guide it to the next level? Or would it bring with it added risks to China’s economy? And could those risks trigger a crisis? Read the transcript https://bit.ly/2ok9jxy Read the working paper...

Duration:00:06:01