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June, 2013 Current Topics

 

Source

 

 

 

 

Export Performance of South and East Asia in Modern Services, 2013. Advancements in information and communications technologies (ICTs) have increased the possibilities for trade in modern services and many Asian emerging and developed economies are participating increasingly in these new trade activities. This paper examines the export performance of these emerging and developed Asian economies in selected modern services: computer and information services, business and professional services, and telecommunications services, using a stochastic frontier gravity type model...

 

ASARC

International Journal of Korean Studies, Volume XVI, Number 2, 2012  

IJKS

International Journal of Korean Studies, Volume XVI, Number 1, 2012  

IJKS

Finish the Job: Jump-Start Afghanistan's Economy, November 2012. This paper begins by acknowledging the dire political and security situation facing Afghanistan as the U.S. and NATO draw down their forces there. However, it sees the key driver of change not in these spheres, important as they are, but in the economy, which could plummet with the sudden loss of orders for goods and services resulting from the military drawdown. Unless the economic crisis is addressed, the political and security situations will not improve...

 

ISDP

Against the Grain: How Georgia Fought Corruption and What It Means, September 2012. In recent years, the struggle against corruption has turned into a major industry with an estimated global turnover of at least US$ 100 million annually. Deeply marred by corruption, the post-Soviet region has been one of the main target areas. The international consensus on how corruption should be fought is based on a gradual approach where the key challenge is to build momentum by targeting corruption in some particularly affected sectors...

 

ISDP

Sovereign Risk, Elections, and Contagion, May 2013 aims to quantify the political risk effect and its different economic implications in normal and crisis situations through the proxy analysis of election and the sovereign bond spreads. This study leads to three main findings. First, in normal economic situations, elections and government turnovers expand bond spreads, demonstrating investors’ concern over the possibility of government policies or instability brought by the election. During a crisis, however, investors prefer change, indicating hope in new policies ameliorate public finances. Second...

 

ADB

How Expansion of Public Services Affects the Poor: Benefit Incidence Analysis for the Lao People's Democratic Republic, May 2013. Studies of the incidence of benefits from public services have rightly stressed the difference between average and marginal benefits. Cross sectional methods of analysis for Lao PDR indicate that for public education and health services, total benefits are highest for the best-off quintile groups. Nevertheless, these groups’ shares of marginal benefits are generally considerably lower and the marginal benefit shares of poorer quintile groups are correspondingly higher...

 

ADB

Governance and Economic Integration: Stakes for Asia, May 2013  assesses the nexus between changes in governance structures—at national and cooperative international levels—and evolutionary processes of economic integration in light of regional policy targets in Asia. The analysis highlights the importance of improved governance as an essential condition for effectively attaining an "Asian Economic Community" while arguing that the experience of the European Union offers valuable insights regarding the process of integration..

 

ADB

Development Trajectories, Emission Profile, and Policy Actions: Singapore, May 2013. Singapore is the most industrialized and urbanized country in Southeast Asia and is totally dependent on oil and natural gas imports to satisfy its energy needs. Its national energy policy framework seeks to find a balance between maintaining Singapore’s competitiveness, improving energy security, and enhancing environmental sustainability. This paper discusses where Singapore stands with regard to its energy consumption and CO2 emissions, its energy policies to date, and those that will be implemented in the near future.

 

ADB

What Lessons Can Asia Draw from Capital Controls in Brazil during 2008-2012? May 2013. Driven by waves of foreign capital inflows and outflows, Indonesia, the Republic of Korea, and Thailand—among several other emerging markets—have resorted to capital control policy since 2006. Are capital controls effective? Controls on capital inflows have been experiencing a renaissance since 2008, with several prominent Asian and Latin American countries implementing them. This paper focuses on Brazil, which instituted five changes in its capital account regime over 2008–2011. It concludes that the effectiveness of capital controls should be viewed on a case-by-case basis, together with the political economy considerations, and other policy tools, i.e., foreign exchange intervention.

 

ADB

Virginia Review of Asian Studies 2013  

VRAS

The Emerging Japan-India Relationship: Nuclear Anachronism, Militarism and Growth Fetish, May 2013. The emerging India-Japan relationship has been met with extreme reactions – from enthusiasm and protests in India and Japan, to concern in China. This new “strategic partnership,” and particularly the nuclear cooperation under negotiation, does not portend well for Asia. P K Sundaram, a strong advocate of better relations between the people of India and Japan, tells us why...

 

APJ

Much Ado over Small Islands: The Sino-Japanese Confrontation over Senkaku/Diaoyu, May 2013. More than six decades from the San Francisco Treaty that purportedly resolved the Asia-Pacific War and created a system of peace, East Asia in 2013 remains troubled by the question of sovereignty over a group of tiny, uninhabited islands. The governments of Japan, China, and Taiwan all covet and claim sovereignty over the Senkaku/Diaoyu islands...

 

APJ

Concentrating Solar Power – China’s New Solar Frontier, May 2013. While all eyes have been focused on China’s dramatic recasting of the global solar PV industry, and the trade disputes engendered with the US and EU, there is another solar frontier now emerging, involving grid-connected concentrating solar power (CSP) plants. China is committed to developing capacity of 3 GW by 2015 (more than doubling cumulative world capacity) and 10 GW by 2020, which would make it by far the world’s CSP leader, with consequent dramatic impact on cost reductions, driving the diffusion of CSP around the world as key challenger and alternative to nuclear and fossil power...

 

APJ

After Hiroshima, May 2013. By taking on the incomprehensible destruction wrought by the atomic bomb in the book After Hiroshima, artist elin o’Hara slavick faces a void of annihilation that transcends expression, and yet, with meticulous care and consciousness, she produces photographic exposures that illuminate the unspeakable. Through works of troubling beauty, slavick enacts a temporal rupture, unearthing a moment that has been relegated to the historical past by saying, with stark but quiet clarity, that Hiroshima 1945 is not over...

 

APJ

Education or Migrant Labor: A New Dilemma in China's Borderland, May 2013. Early 21st-cenutry China is undergoing several radical transformations that are profoundly affecting its physical, social, and cultural fabric. Not as dramatic, perhaps, as the earlier series of Land Reform, collectivization, Great Leap Forward, Cultural Revolution, and final decollectivization that framed the era of Mao Zedong’s state socialism, the current processes of urbanization, labor migration, universalization of education, transport network modernization, reconstruction of villages, and social class formation, nevertheless seem destined to have an even more permanent and profound effect on the physical landscape, social structure, and culture of the world’s largest nation...

 

APJ

Lessons from Fukushima: An Assessment of the Investigations of the Nuclear Disaster, May 2013. Following the Fukushima nuclear disaster of 2011, the Japanese Cabinet, the Japanese Diet, a private-sector group as well as the operator of the Fukushima Daiichi nuclear facility, TEPCO, each set up an investigation commission to examine the causes of the accident, scrutinize the crisis response and make recommendations for future policies. This article provides some background on the four commissions and then examines and assesses the contents of the reports. Four key conclusions emerge from the analysis...

 

APJ

An Emerging Fukushima Model? May 2013. After two years in which international attention focused on Fukushima as an emblem of disaster, Fukushima's plans for immense floating wind farm projects have begun to attract international attention. This April 15 article “Fukushima Moves Forward With World’s Largest Wind Farm” reminds us that the prefecture’s projects are bold initiatives which could pioneer a new model of offshore and large-scale deployment. The article also lauds Fukushima’s aim of getting 40% of its power from renewables by 2020, and then fully 100% by 2040...

 

APJ

South Korea's Christian Military Chaplaincy in the Korean War - Religion as Ideology? May 2013. The present paper examines the military chaplaincy in the context of a problem which has long intrigued researchers, namely the reasons for the rapid growth of the Christian (Protestant and Catholic) churches in 1950-80s South Korea compared to Japan or Taiwan. The author suggests that, whereas a general answer to the question may be the use of Christianity as a de facto state ideology in the years 1948-1960 and its functioning as an ideology of capitalist modernisation in the 1960s-80s, a particularly important part of government-induced Christianization of South Korea was the institution of military chaplaincy...

 

APJ

Deciphering Australia's Defense Budget, May 2013. Mark Thomson, Senior Analyst at the Australian Strategic Policy Institute (ASPI), explains that “If the symbolic political target of a budget surplus cannot be reached, the remaining constraints on spending are weak. So, counter intuitively, the failure to deliver a surplus has enabled an increase in defense spending.”

 

EWC

South Korea: National Security or National Pride Regarding Japan? May 2013. Krista E. Wiegand, recent POSCO Visiting Fellow at the East-West Center, explains that "The South Korean government will not be able to deal with the larger issue of security relations with Japan until disputed issues symbolized by Dokdo/Takeshima are sufficiently resolved—and the likelihood of this happening anytime soon is fairly low."

 

EWC

Europe's Innovation Union--Beyond Techno-Nationalism? August 2012. This paper traces recent transformations in Europe's innovation policy--the move towards EU-wide policy coordination in the form of an "Innovation Union." A deep fiscal crisis and increasingly severe austerity policies are slowing down Europe's move towards greater openness and internationalization of its innovation system. The paper asks whether Europe has left behind for good "techno-nationalism," or whether government action in support of high-tech industries through various forms of protectionist policies is re-emerging, this time however on a region-wide scale. This question is of relevance to current policy debates about the role of innovation in the US as well as in Asia's emerging economies. The paper specifically explores what lessons the US and emerging Asia might draw from Europe's move towards an EU-wide Innovation Strategy.

 

EWC

Global Technology Sourcing in China's Integrated Circuit Design Industry: A Conceptual Framework and Preliminary Findings, August 2012. The paper examines the role of global technology sourcing, and its drivers and impacts in China's integrated circuit (IC) design industry. IC design is one of the priority targets of China's innovation policy, as codified especially in the "Strategic Emerging Industries" initiative. At the same time, however, China's IC design industry is deeply integrated into the vertically disintegrated global semiconductor industry, through markets, investment and technology. The paper highlights a fundamental challenge for China's innovation strategy: How can China reconcile its primary objective of strengthening indigenous innovation with the benefits that it could reap from its deep integration into international trade and into global networks of production and innovation.

 

EWC

Public-Private Dialogue on Investment - Corporate Social Responsibility for Local Communities, June 2013. This report provides a summary and recommendations of the dialogue held in Indonesia in January 2013.

 

APEC

International Investment Agreements Negotiators Handbook: APEC/UNCTAD MODULES, May 2013 aims to provide practical and user-friendly information to negotiators of International Investment Agreements (IIAs) in order to assist them in the decision-making process towards concluding IIAs compatible with national policy objectives. For experienced negotiators, the Handbook offers a quick and practical reminder of the main policy options, issues and implications at stake. For less experienced negotiators and other government officials, it helps to better understand IIAs. Written in plain language, it may also serve as an educational tool for capacity building.

 

APEC

APEC's Bogor Goals Dashboard, May 2013 was compiled by the Policy Support Unit and includes indicators gathered from respectable public sources only. The Dashboard includes information publicly available as at 10 January 2013. The purpose of the Dashboard is to provide easy-to-understand figures to track the advances in areas critical to promoting greater regional economic integration, such as liberalization and facilitation of trade and investment. The intention is to display a set of harmonized indicators laying out the evolution across time of certain aspects of trade and investment liberalization and facilitation in quantitative terms, and to complement the Bogor Goals Progress Reports as part of the assessment to determine APEC’s progress towards these goals.

 

APEC

APEC Wine Regulatory Forum 2012, Published 2013. On 5-10 November 2012, the APEC Wine Regulators Forum meeting 'Risk Management & Certification in Wine Trade: Public-Private Dialogue' was held in Auckland, New Zealand. This was a follow-up to the highly successful meeting in San Francisco, USA, in September 2011. The key themes of the meeting were risk management and certification in the APEC wine trade.

 

APEC

The Service Sector in Lower-Income Asian Economies, May 2013. In the past 10 years, the service sector has been a significant contributor to overall economic growth in Bangladesh, Cambodia, Nepal, Papua New Guinea, Uzbekistan, and Viet Nam. Sector growth has been supported by strong industrial growth in some while in others the critical factors have been liberalization, structural reforms, government support, and foreign investments. In order to increase the labor productivity of the sector and realize its potential to contribute to inclusive growth, these countries must address gaps in human capital and the higher costs of setting up new businesses and of doing business that stifle entrepreneurship and private enterprise...

 

ADB

Are Government-Linked Corporations Crowding out Private Investment in Malaysia? May 2013. Private investment in Malaysia has been sluggish since the Asian financial crisis. One explanation is that the growing presence of government-linked corporations (GLCs) has been crowding out private investment. This paper presents evidence of the negative impact government-linked corporations have on private investment in Malaysia due to their dominance over private firms in various sectors.

 

ADB

Exporting and Innovation: Theory and Firm-Level Evidence from the People's Republic of China, April 2013. Using firm-level data from the People's Republic of China (PRC) and matching econometrics, the paper finds that exporters invest more in innovation than non-exporters. Still, exporting has a smaller impact on innovation among firms in the electronics sectors, located at coastal areas, and foreign-owned...

 

ADB

Corporate Investments in Asian Emerging Markets: Financial Conditions, Financial Development, and Financial Constraints, April 2013. Motivated by the literature on the finance–growth nexus, this paper explores the mechanisms through which finance affects corporate investments and capital accumulation...

 

ADB

Disaster Risk Management in Asia and the Pacific: Issues Paper, April 2013. This issues paper aims to help ADB DMC governments integrate Disaster Risk Management into their national developmental strategies and examine how emerging economies of Asia can cooperate to improve their disaster risk management practices, in view of increasing risks of compound disasters, climate change, and expanding production networks...

 

ADB

Impact of the Global Crisis on Asian Migrant Workers and Their Families: A Survey-Based Analysis with a Gender Perspective, April 2013. This publication examines the impact of the crisis among migrant workers and their families - with a gender perspective - to provide useful information for better evidence-based policy making. Based on household surveys in Indonesia and the Philippines, the results show that women are in worse condition and are more vulnerable than men...

 

ADB

Connecting South Asia and Southeast Asia: Interim Report, Published 2013. This interim report analyzes how closer regional connectivity and economic integration between South Asia and Southeast Asia can benefit both subregions, with a focus on the role played by infrastructure and public policies in facilitating this process. It examines major developments in South Asia–Southeast Asia trade and investment, economic cooperation, the role of economic corridors, and regional cooperation initiatives...

 

ADB

Low-Carbon Green Growth in Asia: Policies and Practices: Executive Summary, Published 2013. This booklet is an executive summary of a forthcoming book that will review and assess the low-carbon and green policies and practices taken by Asian countries. Low-carbon green growth is an imperative for developing Asia and the region must be at the center in the fight against climate change. Many emerging economies have started the shift toward a new sustainable development paradigm that will bring competitiveness to their industries and serve growing green technology markets.

 

ADB

Managing Migration to Support Inclusive and Sustainable Growth, Published 2013. This booklet is an executive summary of a forthcoming book that will review and assess the low-carbon and green policies and practices taken by Asian countries. Low-carbon green growth is an imperative for developing Asia and the region must be at the center in the fight against climate change. Many emerging economies have started the shift toward a new sustainable development paradigm that will bring competitiveness to their industries and serve growing green technology markets.

 

ADB

Bhutan Living Standards Survey 2012 Report, Published 2013. The report presents the analysis on the progress of Bhutan in improving their people's lives in terms of health, education, employment, income and expenditure, housing, access to public facilities and services, social capital and also in terms of non-traditional measures, such as self-rated poverty and happiness. The BLSS 2012, together with the BLSS 2007, is an important tool for assessing the government's 2008–2013 development plan. It will also be an important input for the succeeding government plan...

 

ADB

The Global Financial Crisis, Future of the Dollar, and the Choice for Asia, Published 2011. This book contains papers delivered at the conference "The Global Financial Crisis, Future of the Dollar, and the Choice of Asia" held in Seoul, Republic of Korea, on 1 June 2009. It also contains verbatim records of the round table discussions at the conference. The participants' candid comments on such topics as the economic rise of the People's Republic of China, the future of the dollar as a reserve currency, and the prospects for economic recovery offer valuable insights into the thinking of leading scholars and policymakers as Asia worked to recover from the global financial crisis that had begun two years earlier.

 

ADB

Sovereign Credit Ratings, May 2013

 

PIDS

Can the Philippine Auto Industry Survive Smuggling? March 2013

 

PIDS

Where Are the Poor Employed? Profiling the Working Poor, Februrary 2013

 

PIDS

Community-based Approaches Toward Upgrading of Informal Settlements: Alternative Strategies and Recommendations for Policymaking, February 2013

 

PIDS

Enhanced K to 12 Basic Education Program: Opportunities and Challenges, December 2012

 

PIDS

Conditional Cash Transfer Program in the Philippines: Is It Reaching the Extremely Poor? December 2012

 

PIDS

Managing the ASEAN Economic Integration Process in the Philippines: An Assessment of Progress in Trade Liberalization and Facilitation, December 2012

 

PIDS

The Philippine Economy in 2012 and Prospects for 2013, Jan-March 2013

 

PIDS

Education for All: Addressing Problems in Primary Schooling, November-December 2012

 

PIDS

Pursuing the Twin Objectives of Economic Integration and Social Inclusion, September-October 2012

 

PIDS

Rice Self-sufficiency = No Rice Imports: Is It really Feasible? July-August 2012

 

PIDS

Reading between the Poverty Lines: Revisions in the Official Poverty Thresholds, May-June 2012

 

PIDS

 

 

 

 

 

 

 

 

May, 2013

 

 

 

 

 

 

Creating an Association of Southeast Asian Nations Payment System: Policy and Regulatory Issues, May 2013. ASEAN is expected to benefit from the significant growth in the Asia-Pacific payments market. Enabling the scale and scope of payments would in turn increase economic activity. This would also require national payment systems to be regionalized and operate with cross-border and multi-currency capabilities. As existing regional payment arrangements have illustrated how they can be successfully established, ASEAN can itself leverage on its current cooperative forums in creating a more regionalized payment system. This paper assesses the challenges ASEAN faces in doing so.

 

ADB

Basic Statistics 2013 covers the indicators of the Millennium Development Goals (MDG) such as the proportion of population living below $1.25 (PPP) a day, infant mortality rate, carbon dioxide emissions. It also contains data on basic economic indicators such as the gross domestic product (GDP), inflation rate, trade balance, external debt, fiscal balance, and others.

 

ADB

Flood Risk Management: A Strategic Approach, Published 2013 focuses on strategic flood risk management policy and practice, and provides an overview of
  • the historical developments and emerging trends in flood management;
  • the purpose and characteristics of modern flood risk management;
  • the goals, objectives and outcomes sought;
  • the ongoing challenges in developing and implementing flood risk management in practice together with some of the common pitfalls and misconceptions; and
  • a summary of some specific tools and techniques and how they support good decision making.
 

ADB

Development Effectiveness Review: 2012 Report, Published 2013. The 2012 Development Effectiveness Review (DEfR) is the sixth annual corporate performance report of the Asian Development Bank (ADB). The review found that the development effectiveness review process introduced in 2008 has successfully propagated a results culture across ADB. This has led to improved performance in most areas of the results framework measuring ADB’s operational and organizational effectiveness. As a result, ADB has been able to meet an increasing proportion of its targets. It has also expanded ADB’s contributions to development outcomes in the region.

 

ADB

Japan's Disaster Relief Diplomacy: Fostering Military Cooperation in Asia, May 2013. Hideshi Futori, recent Japan Studies Visiting Fellow at the East-West Center in Washington, explains that "First, the realm of HA/DR is a rare opportunity for Japan to actively engage in military cooperation with China."

 

EWC

Conflict Prevention Urgent for the Senkaku Conundrum, May 2013. Masako Ikegami, Professor of Political Science at Stockholm University, explains that "Future peace and prosperity in East Asia rests upon a peaceful and constructive resolution to the Senkaku conundrum by overcoming the negative legacy of war and imperialism in Asia."

 

EWC

Can a Growing Servces Sector Renew Asia's Economic Growth? April 2013. To continue Asia's economic growth the focus for expansion and improvement must move from export manufacturing to the services sector--primarily to cross-border trade in such modern services as finance, information and communication, and professional business services. As the Asian services-sector economies have historically been dominated by personal services rather than by more information-intensive services, serious concerns exist about their ability to rapidly and successfully grow these modern services...

 

EWC

The Middle-Income Trap: Issues for Members of the Association of Southeast Asian Nations, May 2013. This paper attempts to study these issues by building an analytical framework based on the factors that determine each development stage of an economy, and by comparing the current situation of four ASEAN middle-income countries with the experience of the Republic of Korea, a country that managed to overcome the middle-income trap and reach the high-income level in the late 1990s.

 

ADB

How Low-Carbon Green Growth Can Reduce Inequalities, May 2013. Half of the world's population—3 billion people—lives below the poverty line, and Asia has the largest share. In pursuit of sustainable economic development and poverty alleviation, there is great potential among low-income households for green consumption, production, innovation, and entrepreneurial activity. This paper shows how an inclusive green growth model can uplift the poor through entrepreneurship and fiscal policy reforms.

 

ADB

Strengthening Health Security - APEC Symposium on Strategies to Control and Prevent Antimicrobial Resistance, May 2013. This report presents the findings at the APEC symposium on strategies to control and prevent antimicrobial resistance (AMR) in the Asia Pacific region. The key objective of the APEC symposium was to discuss and explore future strategies to control and prevent AMR in the Asia Pacific region.

 

APEC

Expanding the Information Technology Agreement, May 2013. This policy brief will argue for an expanded Information Technology agreement (ITA) and show how APEC can play a leading role in that process...

 

APEC

Transport, Energy and Environmental Benefits of Intermodal Freight Strategies Final Report, April 2013. The present report is designed to demonstrate the fuel saving and emission reduction benefits of the increased use of intermodal freight transportation in urban settings and addresses the questions raised by the APEC Working Groups regarding “Transport, Energy and Environmental Benefits of Intermodal Freight Strategies.”

 

APEC

Transport, Energy and Environmental Benefits of Transit Oriented Development Strategies Final Report, April 2013. The report was designed to: a) Assess the “energy, transport and environmental benefits of transit-oriented development (TOD) strategies”; b) Evaluate TOD “in terms of reduced oil imports, pollutants and greenhouse gas emissions, and reduced travel times”; c) Encourage TOD “Through a better understanding of these benefits, … throughout the APEC region”; d) Provide case studies of TOD to demonstrate these concepts

 

APEC

Inflation, its Volatility and the Inflation-Growth Tradeoff in India, 2013

 

ASARC

Estimating India's Fiscal Reaction Function, 2013

 

ASARC

Corporate Retail Outlets are Blessings in Disguise for Unorganized Retail Outlets: An Empirical Analysis in the Indian Context, 2013

 

ASARC

The Role of Bribes in Rural Governance: The Case of India, 2013

 

ASARC

Determinants and Persistence of benefits from the National Rural Employment Guarantee Scheme: Panel Data Analysis for Rajasthan, India, 2013

 

ASARC

Elderly's Health Shocks and Household's Ex-ante Poverty in India, 2013

 

ASARC

Monetary Authority of Singapore: Macroeconomic Review, Volume XII, Issue 1, April 2013 (Full Report, Presentation Slides for Briefing):  

MAS

Technological Change, Skill Demand, and Wage Inequality in Indonesia, March 2013. This paper examines the empirical implications of technological changes for skill demand and wage inequality in Indonesia. According to the National Labor Force Survey of Indonesia, the share of educated workers and wage skill premium increased significantly over 2003–2009 for overall industry and across the region. An analysis based on demand–supply framework suggests that demand shifts favoring skilled workers during the period...

 

ADB

Federal Transfers and Fiscal Discipline in India: An Empirical Evaluation, March 2013. This paper examines the relationship between federal transfers and fiscal deficits in India. The system of federal transfers has been criticized on the grounds that it distorts the incentives for states to promote fiscal discipline...

 

ADB

Complexity, Specialization, and Growth, March 2013. This paper analyzes the role of complexity in production on the level of output and on its rate of growth...

 

ADB

Regional Cooperation and Integration in a Changing World, Published 2013. This monograph attempts to address some of the financial and trade aspects of integration in Asia. It has two self-contained sections. Section 1 focuses on the costs and benefits of regional integration in general, and concludes with some pointers specific to financial integration. Section 2 deals with trade integration and related policy challenges. The analysis begs many questions. Some—but not all—can be answered by the suggestions offered in the two sections...

 

ADB

RCI Diogest: Monitoring Asian Regional Cooperation and Intergration, Volume 3, Issue 1, December 2012-January 2013. The RCI Digest follows the progress of initiatives under ADB’s four pillars of regional cooperation and integration (RCI): (i) cross.border infrastructure, (ii) trade and investment, (iii) money and finance, and (iv) regional public goods...

 

ADB

Disaster Risk Management in Asia and the Pacific: Issues Paper, April 2013. This issues paper aims to help ADB DMC governments integrate Disaster Risk Management into their national developmental strategies and examine how emerging economies of Asia can cooperate to improve their disaster risk management practices, in view of increasing risks of compound disasters, climate change, and expanding production networks...

 

ADB

Development Asia: Can Asia Beat the Menace of Rising Inequality? April 2013. In this issue, Development Asia examines Asia’s widening inequality from many different perspectives. It looks at the role of globalization in producing inequality, and considers the disputed relationship between inequality and economic growth...

 

ADB

Beyond Factory Asia: Fuelling Growth in a Changing World, Published 2013. How can regional economies move beyond Factory Asia? What strategies can Asian economies pursue to meet these challenges? This monograph will examine a range of policy, institutional, legal, and regulatory issues relating to reforms that will drive Asia’s economic and social transformation in its quest for a new Factory Asia model...

 

ADB

ADB Annual Report 2012: Main Report, Financial Report. In 2012, the Board of Directors continued to oversee the implementation of Strategy 2020—ADB’s paramount (Status as of 31 December 2012) View infographic in higher resolution. strategic framework to guide all its operations to 2020—as it deliberated and took decisions to improve ADB’s responsiveness, development effectiveness, and accountability. ADB’s operations in 2012 totaled $21.57 billion. Of this amount, $13.30 billion was financed by ADB and Special Funds, and $8.27 billion by cofinancing partners. Meanwhile, ADB’s cofinancing operations continue to extend the impact of our development assistance...

 

ADB

America's Unchecked Security State: Part II: The Continuity of COG Detention Planning, 1948-2001, April 2013

 

APJ

America's Unchecked Security State: Part I: The Toxic Legacy of J. Edgar Hoover’s Illegal Powers, April 2013

 

APJ

Yet Another Lost Decade? Whither Japan's North Korea Policy under Abe Shinzō, April 2013

 

APJ

Japan Under Neonationalist, Neoliberal Rule: Moving Toward an Abyss? April 2013

 

APJ

Why Now is a Good Time for Economic Engagement of North Korea, April 2013

 

APJ

Ikeda Manabu, the 2011 Great East Japan Earthquake, and Disaster/Nuclear Art in Japan, April 2013

 

APJ

Uncomfortable Questions in the Wake of Nuclear Accidents at Fukushima and Chernobyl, April 2013

 

APJ

Pakistan's Nuclear Labyrinth and the Future of Democratization, April 2013. Yogesh Joshi, Ph.D Candidate at Jawaharlal Nehru University, and Frank O'Donnell, Ph.D Candidate at King's College London, explain that "The paradox for the international community is that a strong military ensures the safety of Pakistan's nuclear arsenal, even when that same force is the biggest obstacle to a lasting democracy."

 

EWC

The Ongoing Talibanization of Karachi, April 2013. Alok Bansal, Executive Director of the South Asian Institute for Strategic Affairs in New Delhi, explains that "The window of opportunity for the Pakistani state to contain the growing influence of the TTP in Karachi is rapidly declining."

 

EWC

Dignity in International Relations, April 2013. David I. Steinberg, Distinguished Professor of Asian Studies, School of Foreign Service, Georgetown University, writes that "The need for dignity in international negotiations is an essential component for dealing with unpleasant or enemy regimes if one is to attain some of the objectives of such negotiations."

 

EWC

Why China's Return to the Sea May Not Be All Bad, April 2013. Christian Le Mière, Senior Fellow for Naval Forces and Maritime Security at the International Institute for Strategic Studies, explains that "Beijing has avoided major conflict for nearly 35 years, and seems set to continue to do so for the foreseeable future."

 

EWC

How Mobile Is the Footloose Industry? The Case of the Notebook PC Industry in China, Published 2013. This paper reexamines the concept of the "footloose industry" from the perspective of global production networks (GPNs). Among the players in these GPNs, contract manufacturers are believed to be the most footloose, as they are the most sensitive to labor costs. China's notebook personal computer industry is used to illustrate the fact that unique labor institutions in the coastal areas of China have permanently changed the structures of GPNs in that industry, including power relations and production organizations. These changes have made the relocation of manufacturing activities more difficult, and have also given contract manufacturing more power regarding relocation decisions.

 

EWC

Education in Pacific Island States: Reflections on the Failure of 'Grand Remedies', Published 2013. Victor Levine asks a fundamental question of increasing importance to a globalizing region: How can Pacific Island states provide decent public education to their children? Based on broad international experience, he examines the evidence regarding what does and does not work in public education. While the literature suggests numerous instances of declining quality in Pacific public-education systems, Levine finds some basis for optimism about what is possible...

 

EWC

Strengthening the Core of the G20: Clearer Objectives, Better Communication, Greater Transparency and Accountability, April 2013. To be the premier forum for international economic cooperation, the G20 will need to strengthen such core features as clarity of objectives, communication, transparency and accountability. This Analysis outlines what Australia can do in all these areas when it chairs the G20 in 2014...

 

Lowy

India-Australia Poll 2013, April 2013. The India-Australia Poll is a groundbreaking survey of Indian public attitudes towards Australia, with some surprising results. It reveals broadly positive views towards Australia, but lingering concerns about student safety...

 

Lowy

Football Diplomacy Redux: the 2015 Asian Cup and Australia's Engagement with Asia, March 2013. In 2015 Australia will host the Asian Football Confederation’s Asian Cup, bringing together the top 16 national teams in Asia. The tournament will provide opportunities for government, business and community groups to strengthen their engagement with Asia. In order to understand and leverage those opportunities, the Lowy Institute and the Asian Cup Local Organising Committee held a day-long conference on 23 November 2012, bringing together senior government, business, tourism, sport and ...

 

Lowy

The American Chamber of Commerce in the People's Republic of China: White Paper 2013, American Business in China (Bilingual, Full Report)  

AmCham

The 2030 Architecture of Association of Southeast Asian Nations Free Trade Agreements, April 2013. This paper investigates and analyzes the present status, potential, and prospects of Association of Southeast Asian Nations (ASEAN) free trade agreements (FTAs). The move towards the ASEAN Economic Community by 2015 and the attempts to broaden FTAs in East Asia present major challenges to ASEAN. Ultimately, it is desirable for ASEAN to draw a clear picture of how the architecture of ASEAN FTAs in 2030 can be given shape.

 

ADB

Lessons from the European Spaghetti Bowl, April 2013. European economic integration fascinates and inspires for the way it brought peace to a continent torn by violent and long-standing rivalries. The lessons from Europe, however, cannot be applied directly as the degree of the European Union's supranationality is unthinkable elsewhere. This paper discusses how Europe overcame the specific problem of overlapping free trade agreements (FTAs) with the Pan-European Cumulation System which instituted common rules of origin, regional cumulation of value, and completed the full matrix of bilateral FTAs. After this, Europe had what can be thought of as a "customs union" for rules of origin.

 

ADB

Knowledge Management Directions and Action Plan (2013–2015): Supporting “Finance ++” at the Asian Development Bank, Published 2013. Applying collective know-how to solve complex development challenges is key for achieving lasting development results more quickly. ADB's long-term strategic framework, Strategy 2020, identifies “knowledge solutions” as a driver of change for stimulating growth and synergizing broader assistance in its operations. ADB's goal is to turn them into a comparative advantage for the institution to benefit of Developing Member Countries (DMCs)...

 

ADB

APEC Economic Trends Analysis, April 2013. The PSU’s APEC Economic Trends Analysis provides an overview on emerging trends underlying the region’s economic prospects by providing in-depth analysis on recent macroeconomic and financial developments in the APEC region.

 

APEC

Key Trends and Developments relating to Trade and Investment Measures and their Impact on the APEC Region, April 2013. This report was presented at the Ministers Responsible for Trade Meeting in Surabaya, Indonesia in April 2013. It highlights that there was a sharp deceleration in trade growth as well as a reduction in FDI inflows in 2012, the result of a setback to the global economic recovery that occurred last year...

 

APEC

2012 PSU Annual Report, April 2013. The annual report is a summary of the APEC Policy Support Unit’s operations and activities for the calendar year. It includes an overview of projects and activities undertaken in 2012, a list of completed and current projects, audited financial statements, and information about the PSU.

 

APEC

IFAP Implementation in Facilitating Investment for the Asia Pacific Region, March 2013. The main objectives of this study are to: (i) describe APEC Investment Facilitation Action Plan (IFAP) implementation progress; and (ii) analyse the pattern and trends of foreign investment flows in the APEC region.

 

APEC

The 2013 Interim Assessment for Supply Chain Connectivity Framework Action Plan, March 2013. This report presents the results of the interim assessment on APEC’s Supply Chain Connectivity Framework Action Plan against the target of a 10% improvement in supply chain performance in terms of time, costs and uncertainty by 2015...

 

APEC

Pantawid Pamilyang Pilipino: Why "Deepening" Matters in Achieving Its Human Capital Objectives, February 2013

 

PIDS

Why a New Industrial Policy for the Philippines Is Critical, January 2013

 

PIDS

How Critical Is Transport and Logistics Infrastructure to Interregional Trade? The Case of High-value Fruits and Vegetables in Mindanao, December 2012

 

PIDS

The Philippines and East Asia: Building on Partnerships to Take Part in the Region's Dynamism, December 2012

 

PIDS

Toward Deepening East Asian Integration: How Convergent Are the Rules of Origin in the ASEAN+1 Free Trade Agreements, December 2012

 

PIDS

Perceptions and Laws on Unfair Trade Practices in the Philippines, December 2012

 

PIDS

The Urgent Need to Increase Baseload Generating Capacity in Mindanao, November 2012

 

PIDS

Should the Philippines Tariffy its Quantitative Restriction on Rice? October 2012

 

PIDS

Typhoons, Floods, and Droughts: Regional Occurrence and Value of Damages to Rice Farming in the Philippines, September 2012

 

PIDS

Stanford Journal of East Asian Affairs, Volume 12 No. 1 Summer 2012:

Greater China

Japan

Korea

Book Reviews

 

SJEAA

 

 

 

 

 

 

 

 

April, 2013

 

 

 

 

 

 

Asian Development Outlook 2013: Asia's Energy Challenge (Highlights, Full Report) estimates that regional economic growth in the Asia Pacific region will pick up to 6.6% in 2013 and reach 6.7% in 2014. This is a distinct improvement on 2012, when growth stood at just over 6%. Consumer prices are expected to rise by 4.0% in 2013 and 4.2% in 2014, up from 3.7% last year...  

ADB

Association of Southeast Asian Nations, People's Republic of China, and India Growth and the Rest of the World: The Role of Trade, April 2013. This paper explores the impact of past and future growth in the Association of Southeast Asian Nations (ASEAN), the People's Republic of China (PRC), and India—the ACI countries—on aggregate welfare, relative wages, and global emissions in the rest of the world. It outlines several analytical frameworks, considers effects over the past decade and, based on consensus forecasts, the implications of that growth for the rest of the world in the decades to come.

 

ADB

International Price Dispersion and Market Segmentation in Japan and the United States: Theory and Empirics, April 2013. This paper focuses on the pricing behavior of Japanese and United States firms selling their identical products in New York City, Chicago, Osaka, and Tokyo. The authors utilize some simple models of international price dispersion and market segmentation that generate predictions about testable prices. The dataset, which consists of prices of identical products in the Japanese and American cities, was collected and accepted by both governments. Using this data, versions of international price dispersion theories are tested and some empirical evidence to support the view that simple international price dispersion models can partly explain the observed prices is found.

 

ADB

Hong Kong: High Frequency Macroeconomic Forecasts Current Quarter Model: 2013Q2, April 2013. Real GDP in 13Q1 is estimated to increase by 3.9% when compared with the same period last year. This is an upward revision of our previous forecast of 2.9% growth released in January 3, 2013, reflecting a strong pickup in domestic demand. In 13Q2, real GDP growth is forecast to rise by 5.3% when compared with the same period last year...

 

HKU

America's Voluntary Standards System: A 'Best Practice' Model for Asian Innovation Policies? Published 2013. This study reviews the historical roots of the American system, examines its defining characteristics, and highlights its strengths and weaknesses. A tradition of decentralized local self-government has given voice to diverse stakeholders in innovation. However, a lack of effective coordination of multiple stakeholder strategies constrains effective and open standardization processes. Asian countries seeking to improve their standards systems should study the strengths and weaknesses of the American system. Attempts to replicate the US standards system will face clear limitations--persistent differences in Asia's economic institutions, levels of development, and growth models are bound to limit convergence to a US-style market-led voluntary standards system.

 

EWC

Japan's Crucial Role in Afghanistan, April 2013. Victoria Tuke, Visiting Fellow at the Tokyo Foundation, explains why "The centrality of the US-Japan alliance to Japan is an important consideration regarding Afghanistan, but Japan's interests are broader than solely the alliance."

 

EWC

Marine & Ocean Energy Development: An Introduction for Practitioners in APEC Economies, March 2013. This publication is a summary of presentations made at the project final conference (October 16-17, 2012 Vladivostok, Russia) and also draws on various most influential reports on marine power. We designed it to raise awareness among the policy makers and energy practitioners in APEC economies of the tidal power resource and opportunities. A wider audience of interested officials and businesses in APEC economies may also benefit from this concise non-technical reading.

 

APEC

Research Outcomes: Summary of Research Projects 2012, Published 2013.

 

APEC

Characteristics of Chinese Military Culture: A Historical Perspective, April 2013. Military culture influences military thinking and military strategy. Today, the armed forces of the major powers have the goal of defending their national interests and contributing to world peace. For geographical and historical reasons, Chinese military culture developed its own unique orientation. Just as culture is what makes groups different from each another and distinguishes man from the animals, so too is military culture to what distinguishes the armed forces from other social groups. Similarly, Chinese military culture makes China’s armed forces different to those of other countries. These cultural differences express themselves in the characteristics of various countries’ armed forces. Studying Chinese military culture is thus a path toward a better understanding of the characteristics of the Chinese armed forces.

 

ISDP

Historical Changes in Relations Between China and Neighboring Countries (1949 - 2012), March 2013. The concept of the ‘neighborhood’ (zhoubian) has a prominent place in China’s thinking about its foreign policy, as good relations with neighboring countries have great significance for China’s development. There have been three distinct phases in China’s relations with neighboring countries since the foundation of the People’s Republic of China, in each of which the Chinese leadership has proposed different diplomatic policies towards neighboring countries, according to the domestic and international situations. However, with the present rapid economic development of China, there have been some noticeable changes that will present challenges to China’s dealings with neighboring countries. This presentation will provide perspectives on these questions.

 

ISDP

The Road to ASEAN Financial Integration: A Combined Study on Assessing the Financial Landscape and Formulating Milestones for Monetary and Financial Integration in ASEAN, Published 2013. This paper provides a summary assessment of the Association of Southeast Asian Nations (ASEAN) on the state of financial integration in the region, with inputs from the Asian Development Bank regional technical assistance project Combined Studies on Assessing the Financial Landscape and Formulating Milestones for Monetary and Financial Integration in ASEAN.

 

ADB

Can Global Value Chains Effectively Serve Regional Economic Development in Asia? March 2013. Regional economic integration through logistics, information network and connectivity improvement can increase the .virtual size‘ of an economy as trade with neighboring countries increases. This leads to substantial benefits from scale, network, coordination and agglomeration economies. As is shown, especially in small economies and LDCs, regional economic integration induces the necessary rebalancing needed for integration of the regional portions of Global Value Chains (GVCs) to the global portions of GVCs. This paper demonstrates this with South Asian case studies in GVC development and with the related mapping methodology...

 

ADB

Preferential and Non-Preferential Approaches to Trade Liberalization in East Asia: What Differences Do Utilization Rates and Reciprocity Make? March 2013. Previous studies on the impacts of free trade agreements (FTAs) in East Asia have assumed full utilization of preferences. The evidence suggests that this assumption is seriously in error, with the estimated uptake particularly low in East Asia. In this paper, we assume a more realistic utilization rate in estimating impacts. We find that actual utilization rates significantly diminish the benefits from preferential liberalization, but in a non-linear way...

 

ADB

Cross-Regional Comparison of Trade Integration: The Case of Services, March 2013. In this paper, we will examine the level of services trade integration in Asia in comparison with Europe and North America. The main empirical findings of this paper are that (i) the regional bias of services trade in Asia is as high or higher than in Europe and North America; (ii) in Asia, the regional bias of services trade is higher than that of goods trade, which is in sharp contrast to Europe and North America, where the regional bias of goods trade is higher than that of services trade; and (iii) while Asia’s regional bias of goods trade shows a declining trend, that of services trade remains high, although in the future its decline is expected...

 

ADB

Asian Development Review, Vol. 30, No. 1, 2013 (Full Report):   ADB

Fulfilling the Promises of South Asian Integration: A Gravity Estimation, April 2013. This paper examines the determinants and trade effects of the South Asian Preferential Trading Arrangement (SAPTA) using empirical methods. An empirical specification of the gravity model is developed to analyze the determinants of trade flows for the South Asian Free Trade Area (SAFTA) countries. The need for maintaining the primacy of economic integration in the region's growth and development processes is highlighted...

 

ADB

Deepening Association of Southeast Asian Nations' Financial Markets, March 2013. This paper discusses the financial landscape of the Association of Southeast Asian Nations (ASEAN), a region engaged in building an economic community (a "single market and production base") by 2015. In particular, it reviews where ASEAN's financial markets and institutions now stand and suggests possible ways in which they might be developed further to meet the aspirations of the region.

 

ADB

Consular Conundrum: The Rising Demands and Diminishing Means for Assisting Australians Overseas, March 2013. The demands on Australia’s consular service are growing. Huge numbers of Australians are travelling overseas every year, and the expectations of what the Australian government can or should do for them when they find themselves in distress are rising, driven by media and public pressure and, on occasion, by political expediency. This comes at a time when the Department of Foreign Affairs and Trade is under strain from decades of under-resourcing and political neglect. As a result, DFAT struggles to balance consular work with other key priorities...

 

Lowy

The United States: The Hidden Actor in the Senkaku Islands, April 2013. Akira Kato, Visiting Scholar at the East-West Center in Washington, explains that "It is a little known fact that the privately-owned Kuba Island and Japanese state-owned Taisho Island, both part of the Senkaku Islands, are under the exclusive control of the US military."

 

EWC

South Korea: Give Nukes a Chance, March 2013. Denny Roy, Senior Research Fellow at the East-West Center, argues that "An ROK nuclear weapons capability would impose a meaningful penalty on the DPRK for its nuclear weapons program."

 

EWC

How Useful Is an Asian Currency Unit (ACU) Index for Surveillance in East Asia? March 2013. An Asian Currency Unit (ACU) index is constructed using an alternative procedure which minimizes a basket or portfolio of assets expressed in terms of national currencies. Using this estimated ACU index and an ACU Deviation Indicator, the main finding of this study based on the current trajectory of East Asian currencies relative to this regional ACU average or benchmark is that there is a formation of two contrasting groups of countries in the region—one a group of strong currencies and the other a group of weak currencies...

 

ADB

Pacific Economic Monitor, March 2013. This edition of the Pacific Economic Monitor discusses 2013 and 2014 GDP growth and inflation projections for ADB's Pacific developing member countries. The theme of the policy briefs included in this issue is energy in the Pacific. Findings: Economic growth in the Pacific moderated to 7.3% in 2012, from a post-crisis high of 8.3% recorded in the previous year. This regional trend was driven primarily by the performance of the region's larger, natural resource–extracting, economies. Growth is seen to moderate further in 2013, before picking up in 2014.

 

ADB

On the Determinants of Scholastic Performance in Five Asian Countries, March 2013. This paper takes an efficiency analysis perspective to analyze, on the basis of the data of the 2009 Organisation for Economic Co-operation and Development Program for International Student Assessment (PISA) survey, the determinants of scholastic performance in five Asian countries (Azerbaijan, Indonesia, Kazakhstan, the Kyrgyz Republic, and Thailand)...

 

ADB

A Practical Approach to International Monetary System Reform: Building Settlement Infrastructure for Regional Currencies, March 2013. The global financial crisis has once again stimulated discussions to reform the international financial architecture. This paper proposes that establishment of regional settlement currencies can contribute positively to this reform agenda.

 

ADB

Cost Recoverable Tariffs to Increase Access to Basic Services among Poor Households, March 2013. A contingent valuation survey from the Water Supply and Sanitation Project of the Asian Development Bank in Cebu, Philippines is used to show that tariff structures with a low one-time connection price and price differentiates based on wealth measures can result in a five-fold increase in the take-up of water services by poor households over the base tariff structure.

 

ADB

Firm Investment, Liquidity, and Bank Health: A Panel Study of Asian Firms in the 2000s, February 2013. This study examines the effects of a deterioration in bank health on the cash flow sensitivity of investment and cash holdings of firms.

 

ADB

Capital Controls: A Pragmatic Proposal, February 2013. To complement the IMF’s new framework and make it easier to operationalize, this paper proposes a pragmatic approach to the use of capital controls which leverages the G20 indicative guidelines in measuring excessive imbalances in order to simplify the IMF’s guidelines on the use of capital controls.

 

ADB

Operationalizing Experience: Donor Approaches to Service Delivery in Fragile States, February 2013. This study explores the different approaches to service delivery in fragile states by surveying donors' own evaluations of their existing fragile states policies.

 

ADB

APEC Human Capital Policies for Green Growth and Employment, March 2013. The purpose of this report is to summarize the HRDWG’s Human Capital Policies for Green Growth and Employment Project. This report is divided into three sections: (1) findings from an APEC survey conducted focused on Human Capital Policies and Practices for Green Growth and Employment, (2) a summary and overview of the APEC symposium that took place in Washington, DC on March 20-21, 2012, highlighting implications for developing APEC economies, and (3) appendices.

 

APEC

Potential Contribution of Small Pelagic Fish to Food Security within the Asia-Pacific Region, February 2013. This final report summarizes the study of the potential supply and use of small pelagic fish to tackle food security. The project took Indonesia and the Philippines, top producers of small pelagic fish in the region, as case study economies with Peru as the leading economy of the project.

 

APEC

International Seminar on Food Trade Safety to Prevent Avian Influenza, January 2013. This report provides an overall summary and the presentation papers presented the above seminar. The seminar emphasized some key points that attracting concerns of the government officials, the industries, the traders and the private sectors particularly in such aspects as the Avian Influenza and its sever impact, the measures taken for prevention and control, the Human Highly Pathogenic Avian Influenza containment, food safety management measures, and combat of illegal trade etc.

 

APEC

Sustainable Land Management to Enhance Food Production of APEC Members, January 2013. The proceedings of the workshop should be particularly valuable in the context of APEC food security. The event brought together participants from public and private sectors working on sustainable land management related issues and allowed them to share their experiences and knowledge on its strategies, technologies and practices. The workshop outputs were expected to help find options and provide guidance in assessing present and future challenges to food security, to enhance our understansing on the causes of unsustainable food production, and address possible losses across entire food chain in each economy.

 

APEC

Final Report for APEC Low Carbon Model Town Project Phase 2, Feasibility Study for Samui Island, Thailand, November 2012. This report provides information of the Low Carbon Model Town Project (LCMT) Phase 2 in SAMUI Island low carbon town development project in Surat Thani province. The main purposes of LCMT Initiatives are to plan, develop and implement the concrete roadmap in order to lower the carbon emission from the selected town while the natural resources are effectively utilized and the economic growth still remains.

 

APEC

 

 

 

 

 

 

 

 

 
 

  

 
 

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