The Asian Development Bank retained India’s economic growth forecast at 6.4%. ADP credits domestic demand for supporting the nation’s recovery. ADB’s reports come after the Reserve Bank of India’s Monetary Policy Committee projected GDP growth of 2023-24 at 6.5 percent. …
ADB confirms India’s growth forecast at 6.4% – Optimism soars for economic progress Read More »
Ties That Bind: BIMP-EAGA and IMT-GT Are Vital Building Blocks for ASEAN Read More »
The recent bank turmoil in the US has awakened ghosts of past financial crises. While the likelihood of a fully-fledged crisis seems limited, it cannot be ruled out. Policymakers in the region must act now to shield their economies from possible negative spillovers.
Measuring purchasing power is an effective way to track economic recovery after the pandemic, estimate the real sizes of economies, and gauge poverty. Price differences make it challenging to measure and compare economies because incomes and expenditures are worth more …
Prices Matter When Tracking Economic Development and Recovery After the Pandemic Read More »
A smooth energy transition promotes sustainable development and climate resilience but it requires efforts on multiple fronts. Developing countries in Asia and the Pacific are facing greater challenges in transforming their energy systems from fossil fuels to renewables in response …
Four Paths to a Climate-Friendly Energy Transition for Asia and the Pacific Read More »
A wide range of innovative digital technologies can improve the efficiency and resilience of water services. Organizations managing water on the ground – urban or rural supply, irrigation, water resources – are learning that digitalization is a must to become …
Five Lessons For Digitizing Asia’s Water Systems Read More »
Greater use of bar codes can make global supply chains more robust and enhance the ability to verify social and environmental standards. Look around you. How many bar codes are within your reach? Three? Four? It seems as if these …
How Standardized Bar Codes Can Make Supply Chains More Transparent Read More »
The COVID-19 pandemic has provided hard-earned lessons about global supply chains, as disruptions led to shortages of critical goods from medical supplies to food In 2017, the World Trade Organization (WTO) adopted the Trade Facilitation Agreement, intended to cut down …
How Asia Can Strengthen Supply Chains and Avert Future Shocks to Global Trade Read More »
Instead of finding ways to manage the growing amounts of plastic waste, solutions should aim to generate less waste, something that a circular economy could achieve. With urbanization and the growing global population, much focus has been placed on finding …
As the pandemic embedded “digitalization” into our daily lives, the digital sector suffered along with other aspects of the economy. The rise of the digital economy has made defining and measuring it imperative for policymaking. As pandemic lockdowns spread across …
Asia Went Online, Yet the Digital Economy Declined Read More »
