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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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Location:

Tokyo, Japan

Genres:

Podcasts

Description:

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

Emerging economies can learn a lot from how Korea faced down financial crises

1/17/2018
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Emerging economies can learn a lot from how the Republic of Korea faced down the financial crises of 1997 and 2008, and emerged from hard economic slowdown stronger than ever. Painful macroeconomic and financial reforms plugged structural weaknesses and restored investor confidence, and have put Korea in a better position to weather similar shocks, offering lessons for emerging Asian economies. Read the working paper...

Duration: 00:08:44


Inequality will worsen as people in the PRC get older

1/17/2018
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An already widening gap between rich and poor in the People’s Republic of China is likely to worsen due to its rapidly aging population. Increasing life expectancy and the effect of a decades-long family planning policy that limited the number of children people could have is felt throughout the economy. At the end of 2011, the number of people over 60 years old in the PRC reached 185 million or 14 percent of the population. By 2030, the PRC is expected to become the world’s most aged...

Duration: 00:05:19


Corruption is starving the poor in developing economies

1/10/2018
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Robust institutions and low levels of corruption are more important to reducing hunger than population size or the state of a country’s natural resources. Food security—the ability of a country to feed its people—will become even more important in coming years as Asia’s population rises and resources grow scarcer. A study of 10 countries in Asia and the Middle East found that food security grows alongside the development of political democracy, economic growth, strong judicial systems, and...

Duration: 00:04:39


Will India and China have enough to eat?

1/10/2018
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India and the People’s Republic of China must act quickly if they are to have enough to eat over the coming decades. For the PRC, the biggest challenges come before 2030, when its population is expected to peak, then decline. India, which will take over the mantle of the world’s most populous country around that time, will see its food needs continue to grow for decades after that, especially if it manages to ease the poverty that now afflicts one in five of its people. The outcome of the...

Duration: 00:04:11


Trade imbalance data is better than it looks

12/13/2017
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Trade deficits are considered bad news for economies, and for an economy the size of the United States, a deficit of $745 billion in 2015, the largest seen in decades, would be cause for alarm. But the true picture is more complex. Looking beyond traditional statistics shows how burgeoning global value chains are now driving changes in the manufacturing of, trade in, and value of goods. Multinational corporations that have successfully leveraged global value chains have pivoted away from...

Duration: 00:06:30


Economic growth can be measured by counting tax revenue

12/13/2017
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It can be hard to measure the effects of infrastructure investment on an economy. Knowing whether an investment worked means somehow identifying the revenue it generated amidst the noise of an economy in full swing. An Asian Development Bank Institute study used tax revenue as a measure of growth, and found significant contributions generated by the construction and operation of the line and the eventual connection of Japan’s southern-most island to the larger network of high-speed trains...

Duration: 00:02:35


Asia trade needs to get ready for the impact of Brexit and the US undoing of NAFTA

12/5/2017
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Brexit and a potential US withdrawal from the North American Free Trade Agreement could have large ripple effects on trade in Asia, helping some countries and hurting others, according to prominent trade economist Ben Shepherd. What’s more, Asia’s tightly integrated supply chains could be disrupted in the aftermath. Shepherd told a seminar at the Asian Development Bank Institute that although the UK’s withdrawal from the European Union and a potential US pullout from NAFTA seem remote from...

Duration: 00:04:36


A simple change in transport infrastructure thinking can have wide social effects

12/5/2017
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Improved transportation links help communities prosper financially, but there’s an unexpected social dividend that can compound that prosperity—lower rates of smoking and drinking and higher levels of school attendance. The Philippine government started its “Ro-Ro” policy in 2003 to link up islands and other remote areas in the archipelago nation with a system of roll-on, roll-off ferries. Family incomes grew around the ports, with agricultural workers picking up non-farm work and farmers...

Duration: 00:02:49


The world is facing a new nexus between urbanization, development, environment, and inequality

11/30/2017
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Urbanization is associated with economic growth, but it’s a fine balance before rural poverty simply shifts to the cities and the cities become too big to sustain development, sucking growth out of gross domestic product. Economic growth and development, urbanization, and energy and electricity consumption are all closely linked, but economic progress does not equal economic development if the poor simply move from one state of poverty to another. Increases in GDP per capita lower poverty...

Duration: 00:06:46


India’s cities are encouraging manufacturing to promote growth

11/30/2017
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Urban areas contribute nearly two-thirds of India’s gross domestic product, even though they account for only 31 percent of the country’s population. They are India’s growth engines. More remarkable is that India leapfrogged the manufacturing revolution and transitioned from agriculture to a service-based economy, with services now contributing 60 percent of GDP. In 2014, the “Make in India” policy was launched to boost manufacturing. The issue for local and foreign companies will be to...

Duration: 00:03:34


Governments should prepare for migration surges by providing housing, schools, roads, transport

11/22/2017
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Urbanization has accelerated in the past few decades as thousands daily move to towns and cities in search of a better life, or better education opportunities for their children. Economic development is a natural spur to internal migration, but other factors may be may be in play in recent rapid demographic shifts, not least wider access to information over the Internet. Slums, overcrowding, traffic congestion, and pollution are familiar signs of urban decay in many major cities. We ask...

Duration: 00:06:39


Developing Asia urgently needs to examine who should pay for the elderly

11/22/2017
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Developing Asian countries must introduce more comprehensive public welfare programs for the elderly as their economies transition from traditional filial altruism and the extended family to parental altruism and the nuclear family. As an economy develops, increasingly large amounts of resources are transferred from working adults, who produce more than they consume, to their parents and children, who consume more than they produce. Gone is the time when elders and children counted as...

Duration: 00:04:37


Asia shows unconventional monetary policy works in crisis

11/16/2017
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Hit by the 1997–1998 Asian financial crisis, economies in Southeast Asia adopted unconventional monetary policy measures to ride out the financial storm, and were the stronger for it, teaching a few unorthodox lessons to developed economies left reeling by the global crisis a decade later. Central banks were initially at a loss about what to do, as share prices and asset values plunged, currencies and exports weakened, and investment capital fled—much as some central banks in advanced...

Duration: 00:04:12


Rapid economic growth breeds inequality in Indonesia

11/16/2017
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Indonesia’s economy grew rapidly over the past 30 years, in large part due to sweeping political and institutional reforms, the right mix of economic policy packages, and the development of fairer economic institutions, but progress made in reducing poverty and income inequality is faltering. In 1996, the richest Indonesians had six times more income than the poorest. In 2014, the richest had ten times more. The top 10 percent got more than 32.4 percent, with the top 20 percent getting...

Duration: 00:06:16


PRC slowdown offers a chance to readjust trade priorities

11/8/2017
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Around the world, researchers and analysts are closely watching the economic performance of the People’s Republic of China in the wake of its recent slowing growth and the possible impact of that downturn on developed and developing economies. The Asia and Pacific region is anxious, and the rest of the world has reason to worry about the consequences of a slowdown in the world’s second-largest economy. But the slowdown allows countries to fine-tune their trade and currency policies to...

Duration: 00:06:12


Developing countries have chance to start energy development green

11/8/2017
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Developing countries are relatively well positioned as they expand their energy capacity, with a banquet of climate-clean, sustainable, and renewable sources to choose from, while developed countries try to overcome centralization and replace long-established fossil and fissile sources bound up in laws and regulations, a French energy expert says. About the speaker Magali Dreyfus has been a researcher at the French National Center for Scientific Research since 2013, and is affiliated with...

Duration: 00:10:36


Emerging Asia’s integration has pluses and minuses

11/8/2017
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Since the early 20th century, emerging Asia have been subjected to the ebb and flow of lending from advanced economies. Since then the region has become more integrated into the global financial market, which has been exposed to the risk of capital flow reversals. In the aftermath of the 2008 global financial crisis, capital has flowed into emerging economies, especially in Asia, in search of higher returns on investment. Low interest rates in advanced economies made Asia more attractive,...

Duration: 00:05:23


In Asia, aging parents get more help from daughters than sons

10/23/2017
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Parents in developing Asia tend to spend more on sons but receive higher returns from daughters, turning on its head an age-old belief that sons—not daughters—take care of their aging parents. This is true in the People’s Republic of China, where children are expected to help their parents based on Confucian philosophy, which values filial piety and altruism. Data show that investments in daughters paid off better than money spent on sons. Daughters gave back to their aging parents...

Duration: 00:05:52


India’s elderly poor are being left behind

10/23/2017
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Poverty among the elderly in developing countries such as India is on the rise as the traditional extended family unit dissolves, fertility rates decline, migration to urban jobs rises, and government attempts to improve aged care have left many falling through the gaps. A small minority of workers in the formal sector are secure, but the vast majority of informal sector workers face poverty in their old age because they lack social protection. To improve the income security of the elderly...

Duration: 00:04:58


Ways to jumpstart global productivity

10/23/2017
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It’s been nearly a decade since the 2008 global financial crisis, and world economic growth rates are almost back where they were after a long, painful but instructive haul, and both developed and emerging economies have added a lot to their financial tool kits. The International Monetary Fund predicts growth in developed countries will drop from the pre-crisis 2.2 percent to 1.5 percent, and in emerging economies from 7.5 percent to 5 percent between 2015 and 2020. While high...

Duration: 00:04:21

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