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Asia-Studies Full-Text Online is the premier database for the study of modern Asia Pacific. As the exclusive licensee for many of the region's most prestigious research institutions, Asia-Studies.com brings together thousands of full-text reports covering 55 countries* on a multitude of business, government, economic, and social issues.

 
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We index full-text journals with open access platforms in our NEW Asia-Studies Full-Text Plus section. Here is the list of journals available.

 
 

 

 
 

 

 
 

 

 
 

October, 2017 Current Topics

 

Source

 

 

 

 

Kazakhstan in Europe: Why Not? October 2017. Is Kazakhstan a European state? The answer to this question could define the character of the country’s long-term relationship with European institutions and organizations, and profoundly affect the country’s social, political and economic development. The timing of this question, however, might seem inopportune. European institutions face deep internal difficulties: the EU is reeling from Brexit and controversies with Hungary and Poland, and the Council of Europe faces serious problems with countries on Europe’s eastern and southeastern flanks that, much like Kazakhstan, straddle the boundaries between Europe and Asia. That may limit the appetite for discussing Kazakhstan’s relationship to Europe. Yet the question may no longer be pushed to an undetermined future...

 

ISDP

Hong Kong: High Frequency Macroeconomic Forecasts Current Quarter Model: 2017Q4, October 2017. According to its High Frequency Macroeconomic Forecast, real GDP is estimated to grow by 3.2% in 17Q3, when compared with the same period in 2016, moderate from the 3.8% growth in 17Q2. In 17Q4, real GDP growth is expected to moderate to 2.2% when compared with the same period last year. Comparing to the 2.0% growth in 2016, we expect Hong Kong GDP will pick up and grow by 3.3% in 2017 as a whole, same as our previous forecast.

 

HKU

Xi Jinping’s Moment, October 2017. Xi Jinping is China’s most decisive, disciplined leader in a generation, leading a country that is fast approaching military and economic parity in Asia with the region’s long-standing dominant power, the United States. Xi has swept aside potential rivals at home, re-established the primacy of the Communist Party in all realms of politics and civil society, and run the most far-reaching anti-corruption campaign in the history of the People’s Republic. But on the economy, Xi has been a cautious steward of the existing order...

 

Lowy

Neither Friend nor Foe: Pakistan, the United States and the War in Afghanistan, September 2017. In a speech announcing his administration’s Afghanistan policy, President Trump singled out Pakistan saying that the United States “can no longer be silent about Pakistan’s safe havens for terrorist organizations”. But the likelihood that increased US incentives or threats will change Pakistan’s policy in Afghanistan are low. If anything the goals of the United States and Pakistan in Afghanistan have moved further apart. The military is the key player in Pakistan’s policy in Afghanistan...

 

Lowy

Managing Economic Risk in Asia: a Strategy for Australia, September 2017. Twenty years on from the Asian Financial Crisis it is timely to assess how the region is placed to manage and mitigate risks of economic crisis, and to consider Australia’s role in this. This Analysis frames the policy options Australia faces through imagining a potential future scenario where a major ASEAN economy faces vulnerabilities as a result of volatile capital flows, exposing gaps in current risk management and crisis mitigation arrangements...

 

Lowy

The 2017 Independent Review of Intelligence: Views from the Strategist, September 2017. Over the past 40 years, Australian governments have periodically commissioned reviews of the Australian intelligence community (AIC). The first such inquiry—the Hope Royal Commission of 1974—was commissioned by the Whitlam government as a way of shedding light on what had hitherto been a shadowy group of little-known and little-understood government agencies. It was also the beginning of a journey that would eventually bring the AIC more into public view and onto a firm legislative footing...

 

ASPI

Key Indicators for Asia and the Pacific 2017 (Full Report):
  • Part I: Sustainable Development Goals Trends and Tables
  • Part II: Regional Trends and Tables
  • Part III: Global Value Chains

Key Indicators for Asia and the Pacific 2017 covers 48 economies: Afghanistan, Armenia, Australia, Azerbaijan, Bangladesh, Bhutan, Brunei Darussalam, Cambodia, China, Cook Islands, Fiji Islands, Georgia, Hong Kong, India, Indonesia, Japan, Kazakhstan, Kiribati, Republic of Korea, Kyrgyz Republic, Lao, Malaysia, Maldives, Marshall Islands, Micronesia, Mongolia, Myanmar, Nauru, Nepal, New Zealand, Pakistan, Palau, Papua New Guinea, Philippines, Samoa, Singapore, Solomon Islands, Sri Lanka, Taipei, Tajikistan, Thailand, Timor-Leste, Tonga, Turkmenistan, Tuvalu, Uzbekistan, Vanuatu, and Viet Nam.

 

ADB

Asian Development Outlook 2017 Update an Highlights. Developing Asia is forecast to expand by 5.9% in 2017 and 5.8% in 2018, a slight upgrade from projections in Asian Development Outlook 2017. Growth prospects for developing Asia are looking up, bolstered by a revival in world trade and strong momentum in the People’s Republic of China. Rebounds in international food and fuel prices are gentler than expected, helping to contain consumer price pressures. Inflation is likely to dip to 2.4% in 2017, or 0.1 percentage points off the 2016 rate, and pick up to 2.9% in 2018. Risks to the outlook have become more balanced, as the advanced economies have so far avoided sharp, unexpected changes to their macroeconomic policies. Further, the fuel price rise is providing fiscal relief to oil exporters but is measured enough not to destabilize oil importers...

 

ADB

Asia Bond Monitor, September 2017. On the back of a brightening global outlook, government bond yields in major advanced economies rose between 1 June and 15 August, with the increase extending to emerging East Asia. This issue of the Asia Bond Monitor includes two special discussion boxes. Box 1 discusses the potential benefits of the Bond Connect scheme, a significant effort to link the People’s Republic of China’s (PRC) bond market to the rest of the world. Box 2 outlines a conceptual solution to cope with longevity risk in Asia.

 

ADB

Food Insecurity in Asia: Why Institutions Matter, Published 2017. Achieving food security is of utter importance in any nation. However, food insecurity still exists in many developing countries, with Asia home to almost 65% of the world’s undernourished. This calls for urgent action. Studies that examine differences in food security performance among Asian countries are sparse. This book fills this gap by providing cross-country comparative perspectives on food security improvements. Such a study can be valuable for Asian countries to learn from each other. Country studies included in this book are Bangladesh, the People’s Republic of China, Indonesia, Israel, Japan, the Democratic People’s Republic of Korea, the Republic of Korea, Pakistan, and Singapore...

 

ADB

Measuring the Degree of Corporate Innovation, September 2017. Corporate innovation propels both company performance and economic growth. Yet, measuring corporate innovation proves to be challenging, leading researchers to rely on a variety of different signals, such as reported research and development (R&D) expenditure, patent citations, and new product announcements. We suggest that each of these signs of corporate innovation provides a noisy, biased signal of a firm’s technological progress and capacity...

 

ADB

Top Management Quality, Corporate Finance, and Corporate Innovation, September 2017. In this paper, we review the theoretical and empirical literature on measuring the top management quality of firms, and its relation to various aspects of corporate financial policies and corporate innovation, drawing policy implications for enhancing corporate innovation. First, we discuss how management quality has been measured in the recent empirical literature. Second, we address theoretical models of the effect of the top management quality of a firm on its corporate financial and investment policies, and on corporate innovation...

 

ADB

Targeting of Social Transfers: Are India’s Elderly Poor , September 2017. Whether social transfers should be targeted or universal is an unsolved debate that is particularly relevant for the implementation of social protection schemes in developing countries. While the limited availability of public resources encourages targeting, the difficulty in identifying the poor promotes a universal allocation of benefits. To address this question, we examine the targeting performance of, and access to, a social welfare scheme for an increasingly vulnerable group – India’s elderly poor. The results show that during a time period of social pension reforms, exclusion and inclusion errors were successfully reduced but exclusion of the elderly poor continues to be extremely high...

 

ADB

How to Build a Resilient Monetary Union? Lessons from the Euro Crisis, September 2017. We describe the institutional flaws that led to the euro crisis, assess the institutional reforms that were put in place during and in the aftermath of the crisis, and evaluate the remaining fragilities of the architecture of the European monetary union. In mid-2017, growth in the euro area appears to be finally picking up after 10 years of recessions and slow recoveries. European leaders should not be complacent and wait for the next crisis to complete the single currency architecture. On the contrary, these quieter times offer a good occasion to reflect on the future of euro-area institutions and to build a more permanent setup than that implemented in the heat of the crisis...

 

ADB

Trade Linkages and Transmission of Oil Price Fluctuations in a Model Incorporating Monetary Variables, September 2017. We attempt to ascertain how sharp oil price changes can affect oil-exporting and oil-importing economies. To this end, we applied a simultaneous equation model (SEM) through a weighted two-stage least squares estimation method to different countries with business relations from Q1 2000 to Q4 2015. In the case of oil-exporting countries—Iran, the Russian Federation, United Arab Emirates, Indonesia, and Kazakhstan—our findings revealed that they totally benefit from oil price increases. In the case of oil-importing countries, the effects are more diverse...

 

ADB

Demographic and Socioeconomic Characteristics of E-Commerce Users in Indonesia, September 2017. Age, gender, education, and type of work determine online shopping behavior in Indonesia.
We analyze the National Socio-Economic Survey conducted by BPS Statistics Indonesia, which asked people about their purposes for accessing the internet. We used a log linear model to analyze the tendency of individuals conducting e-commerce transactions. The odds ratio indicates that women have a higher tendency than men for conducting e-commerce transactions. In addition, the tendency of individuals aged 25 to 64 years old is higher than for other age groups...

 

ADB

Nepal Macroeconomic Update, September 2017. This edition of Macroeconomic Update provides a forecast for FY2018 growth and inflation. It also analyzes Nepal’s performance in real, fiscal, monetary and external sectors in FY2017. GDP is forecast to grow by 4.7% in FY2018, down from a preliminary estimate of 6.9% in FY2017, largely due to heavy rainfall during this monsoon that affected paddy and other major crops in the Terai belt of Nepal. This will likely depress farm output and economic growth in FY2018 and contribute to inflationary pressure. Inflation is expected to rise to 6.5% in FY2018...

 

ADB

Trade Facilitation and Better Connectivity for an Inclusive Asia and Pacific: Full Report, Highlights, Published 2017. Trade facilitation increases trade flows, lowers trade cost, and ultimately contributes to sustainable and inclusive growth. This publication, jointly prepared by the Asian Development Bank and the United Nations Economic and Social Commission for Asia and the Pacific, reviews the state of play of trade facilitation and paperless trade in Asia and the Pacific. It investigates the evolution of trade costs in the region, examines trade facilitation and paperless trade implementation, and highlights the key initiatives and efforts in Central Asia, the Greater Mekong Subregion, South Asia, and the Pacific. It includes impact assessments of trade facilitation implementation and corridor performance on reducing trade costs and increasing trade.

 

ADB

The Middle-Income Trap from a Schumpeterian Perspective, September 2017. Growth and development come from structural transformation, defined as the interplay between changes in economic structure and supporting institutions at different stages of development. The paper discusses how firms, competition, and institutions affect structural transformation.

 

ADB

The Role and Impact of Infrastructure in Middle-Income Countries: Anything Special? August 2017. This paper finds that the provision of infrastructure varies across different levels of development and growth performance. Basic infrastructure, such as transport, water, and sanitation, are emphasized more during early stages of development, while "advanced" infrastructure, such as power and specially information and communication technology, become more important during later stages. In addition, better-performing middle-income countries tend to have more information and communication technology infrastructure than their peers, and tend to invest more in infrastructure. Finally, public investment is shown to have a more significant and sustained impact on output in middle-income countries than in low-income countries.

 

ADB

Toward an Incremental Pathway to Peace on the Korean Peninsula, September 2017. One possible way to address the North Korean nuclear threat is by beginning a series of incremental steps to gradually lessen tension and lead to eventual peace on the Korean Peninsula. Such steps could include halting North Korea's nuclear-weapons testing and further advancement of its nuclear-weapons program in return for scaling back joint military exercises between the United States and South Korea; reducing North Korea's nuclear stockpiles in exchange for special development aid to North Korea for targeted economic, social, and public health initiatives; a moratorium on North Korean missile testing in exchange for the suspension of United States missile-defense systems in South Korea, and, providing earlier steps were successful, a peace treaty ending the Korean War. Recognizing what it would take for these initiatives to emerge requires also reckoning with the inevitable obstacles.

 

EWC

China Balances Uncertain Gains with Potentially Big Payoffs in Belt and Road Initiative (BRI), September 2017. Tereza Kobelkova, Former Visiting Fellow at the East-West Center in Washington, explains that “An increasing number of Chinese companies and experts have expressed grave concerns over BRI’s impact on their countries' economies.”

 

EWC

The United States Should Join the Asian Infrastructure Investment Bank, September 2017. Niruban Balachandran, Recent Graduate of Harvard University’s John F. Kennedy School of Government, explains that “[Absence from AIIB] hinders Washington’s ability to influence and shape Beijing’s development effectiveness in the region.”

 

EWC

Addressing the Root Causes of Conflict-Driven Human Trafficking in Southeast Asia, September 2017. Ruji Auethavornpipat, Visiting Fellow at the East-West Center in Washington, explains that “The trafficking of the Rohingya is clearly driven by violent conflicts in Myanmar’s Rakhine State. Without tackling this root cause, human trafficking networks may continue to operate in the shadows.”

 

EWC

Opportunities and Challenges of the China-Pakistan Economic Corridor (CPEC) and Implications for US Policy and Pakistan, September 2017. Lin Wang, Visiting Fellow at the East-West Center in Washington, explains that “With the implementation of CPEC and the emerging commercial attractiveness of Pakistan and the South Asia region, Chinese and US economic and security interests in Pakistan and the region are converging.”

 

EWC

Two Myths and Two Realities Behind Japan's Support for Globalization, August 2017. Terumasa Tomita, Assistant Professor of Law at Meiji Gakuin University in Japan, asks “Why has the anti-globalization movement in Japan remained so weak? Four factors help to explain this puzzle: strong middle-class consciousness, faith in free trade, the absence of key actors spreading the anti-globalization message, and a smaller number of immigrants.”

 

EWC

Trends in Southeast Asia 2017 #12: Beneath the Veneer: The Political Economy of Housing in Iskandar Malaysia, Johor. The rise of Iskandar Malaysia as a regional hub has profoundly altered the domestic landscape, generating a knock-on effect on Johor's housing development, both economically and politically. Housing policy and development in Johor, as illustrated in the formation of Iskandar Malaysia, is riddled with conflict along two dimensions bumiputra versus non-bumiputra and federal government versus state government. The first one is entangled with international real estate development and foreign investment, while the latter has more to do with the rise of sub-national autonomy in Johor...

 

ISEAS

Trends in Southeast Asia 2017 #11: Speculating on World-Class Transportation Infrastructure in Ho Chi Minh City. Population, cars and motorbikes have increased at higher than expected rates in Ho Chi Minh City, leading to increased congestion and strain on existing transportation infrastructure. While the city has a transportation infrastructure plan, it lacks adequate funds and is reliant on official development assistance (ODA) and foreign direct investment (FDI) to finance it. Amidst the backdrop of an opaque regulatory environment and intense competition among global ODA institutions, city officials speculate on multiple and contradictory transportation projects simultaneously...

 

ISEAS

Trends in Southeast Asia 2017 #10: The Indonesia National Survey Project: Economy, Society and Politics. The ISEAS – Yusof Ishak Institute commissioned a nationwide survey in Indonesia, called the Indonesia National Survey Project (INSP) to enhance understanding of economic, social, and political developments in Indonesia. President Joko Widodo's approval rating hovers at around 68 per cent, and respondents generally think that the President has made improvements to the economy, although there are concerns with the price of necessities and job-seeking prospects. The Widodo administration scores well in infrastructure development, which is its signature policy thrust. Roads, education and electricity supply remain the top priorities for respondents, while corruption is still considered the most important problem facing Indonesia today...

 

ISEAS

Strengthening Tourism Business Resilience against the Impact of Terrorist Attack, September 2017. The workshop aimed to:
a) To study the level of resilience toward terrorist attack among economies in APEC; b) To strengthen international cooperation amongst APEC members to provide reliable and rapid information sharing at the time of terrorist attack; c) To establish standard of crisis management strategies in order to stabilize economies in the aftermath of a terrorist attack and to give guidance on how to recover and recuperate losses; d) To allow the exchange of information in relation to the movement of suspected terrorists, dangerous materials and capital that can be used in financing terrorist and terrorist attack...

 

APEC

APEC's Ease of Doing Business - Interim Assessment 2015-2016, September 2017. This interim assessment of the APEC’s Ease of Doing Business (EoDB) initiative during the year 2016 looks at the progress made by the APEC region in five priority areas: 1) Starting a Business; 2) Dealing with Construction Permits; 3) Getting Credit; 4) Trading Across Borders; and 5) Enforcing Contracts. This exercise, conducted as part of the Second EoDB Action Plan 2016-2018, also establishes the baseline values that will be used in evaluating APEC’s combined progress during this period...

 

APEC

The APEC Women and The Economy Dashboard 2017, September 2017. The APEC Women and the Economy Dashboard is an initiative that seeks to provide a snapshot of the status of women in APEC, by looking at a set of indicators in recent years, which allows measurement of the progress of women’s participation in economic-related activities and women’s inclusion in several aspects of life. The Dashboard is comprised of almost 80 indicators, classified in five areas previously identified as priorities by the APEC Policy Partnership of Women and the Economy (PPWE): 1) access to capital and assets; 2) access to markets; 3) skills, capacity-building and health; 4) leadership, voice and agency; and 5) innovation and technology...

 

APEC

 

 

 

 

 

 

 

 

September, 2017

 

 

 

 

 

 

Mind the Gap: Explaining Implementation Shortfalls in the ASEAN Economic Community, September 2017. The ASEAN Economic Community (AEC) is at a critical crossroad in terms of policy implementation. ASEAN announced of a significant achievement rate of 93 per cent at the end of 2015. However, effective implementation, described as policy execution that generated tangible benefits for the end-users in their cross-border activities remained patchy. Following the theoretical discussion on policy implementation, this paper postulates that it was the economic conflicts between countries and between firms of a country that led to a broad and accommodative regional policy document, thereby affecting the course of implementation. As implementation is a national issue, organisational conflicts between government agencies and bureaucrats further distorted the final outcome, and hindered progress towards meaningful implementation.

 

ISEAS

MAS Survey of Professional Forecasters, September 2017. The September 2017 Survey was sent out on 11 August 2017 to a total of 26 economists and analysts who closely monitor the Singapore economy. This report reflects the views received from 21 respondents (a response rate of 80.8%) and does not represent MAS’ views or forecasts. GDP growth in Q2 2017 was higher than expected
The Singapore economy expanded by 2.9% in Q2 2017, which was above the median forecast of 2.7% reported in the June 2017 Survey.
..

 

MAS

MAS' Approach to Resolution of Financial Institutions in Singapore, August 2017. This Monograph sets out MAS' approach for operationalising the enhanced resolution framework in the Monetary Authority of Singapore (Amendment) Act 2017. The Amendment Act has been passed in Parliament on 4 July 2017. Regulations to operationalise the provisions of the Amendment Act will be promulgated in due course. A commencement notice will be published in the Gazette when the amendments are brought into force.

 

MAS

Iran’s Azerbaijan Question in Evolution: Identity, Society, and Regional Security, September 2017. Iranian Azerbaijanis have historically been considered the country’s most loyal ethno-linguistic minority. Predominantly Shiite, with religion being the most important source of collective identity, Turkophone Azerbaijanis had until the 1920s provided numerous dynasties to the Persian thrones. From Seljuks to Qajars, they stayed at the avant-garde of the Persian empires and shielded them from the major Sunni rival, the Ottoman Empire...

 

ISDP

The Strategic Risks of East Asia’s Slowing Economies, August 2017. Global economic growth has slowed substantially since the heady days before the financial crisis of 2008. The advanced Western economies have barely recovered, and, after decades of average growth of 10% in China, Beijing says the Chinese economy is now expanding at 6.7%— a figure many external analysts believe is optimistic. There’s little sign of a return to pre-financial-crisis growth rates any time soon. The potential dangers of a prolonged economic trough are global, but in East Asia many governments depend on their ability to deliver economic growth either to fulfil election promises, in the case of the democracies, or to justify their continued monopoly on power, in the case of the autocracies.

 

ASPI

The Puzzles and Contradictions of the Indian Labour Market: What Will the Future of Work Look Like? Published 2017. Analysing the Indian labour market poses inherent challenges given the country’s size and diversity. Rather than a case of “jobless growth”, India has experienced concentrated employment growth, mainly in urban areas and for men. Women’s participation in the labour force has declined. Some outcomes partly reflect India’s overall level of economic development...

 

ASARC

From Poor Peasants to Entrepreneurial Farmers: The Transformation of Rural Life in Northeast Thailand, August 2017. Over the past 30 years, a transformation has occurred in the lives of the people of Northeast Thailand (Isan), and of many rural areas in East and Southeast Asia. Historically regarded (and even derided) as "simple peasants," concerned only with growing enough food to feed themselves, they have embraced the marketplace and thrived, setting off a cascade of changes, including increased education, and feeding aspirations...

 

EWC

Misunderstanding North Korea, August 2017. As North Korea gets closer to deploying working nuclear missiles, it is more important than ever to dispense with four common misunderstandings. First, characterizations of the regime as irrational are wrong. Fundamentally weak and deeply insecure, North Korea tries to compensate by cultivating an image of eagerness to go to war in the hope of intimidating its adversaries. Second, paranoid about subversion, Pyongyang is extremely unlikely to exchange its nuclear weapons for greater trade opportunities with democratic countries...

 

EWC

APEC as a Tool to Engage North Korea, August 2017. Robert L. Curry, Jr., Professor Emeritus of Economics at CSU Sacramento, explains that “Under certain conditions, the regime might be ready for multilateral engagement.”

 

EWC

India's Strategic Convergence with Japan in the Changing Indo-Pacific Geopolitical Landscape, August 2017. Madhuchanda Ghosh, Assistant Professor at Presidency University, Kolkata, explains that “In the changing regional security architecture, the converging and competing interests of the three major Asian powers — China, India, and Japan — have driven them to articulate different strategic frameworks as indicated in Japan’s “Confluence of the Two Seas” idea, China’s “Maritime Silk Road” initiative, and India’s “Act East” Policy.”

 

EWC

US-China Cooperation on Wildlife Smuggling: An Opportunity, August 2017. Kathleen Devlin, graduate of the Yale Jackson Institute master's program in Global Affairs, explains that “The United States would do well to recognize anti-wildlife smuggling as an opportunity for mutual cooperation in an otherwise contentious bilateral relationship."

 

EWC

Regional Order Reconfigured: China, Japan, and the United States in the Evolving Asia Pacific, August 2017. Alex Yu-Ting Lin and Saori N. Katada, PhD Candidate and Associate Professor, respectively, at the University of Southern California, explain that “As we begin to see greater US and Japanese participation in Chinese-led initiatives over the next few years, the final piece of the puzzle is whether China will be ready to join initiatives led by Japan or the United States."

 

EWC

A Global Compact on Refugees: The Role of Australia, August 2017. The UN Global Compact on Refugees provides a unique opportunity to make far-reaching improvements to the international response to refugees. Australia has a vested interest to improve the refugee regime in particular to institute a more effective and equitable regional response to asylum seekers and refugees in Southeast Asia and reduce pressure on its own asylum system...

 

Lowy

The TPP: Truths about Power Politics, August 2017. Preferential trade agreements are negotiated by states. By definition, they are political in nature. The more powerful the state involved, the more it can shape the trajectory of trade negotiations. The three stages of the TPP – before the US joined, while the US was a TPP member, and the US withdrawal from TPP – reaffirm this political-economic truth. Political interests often trump economic ones when it comes to trade agreements. This paper analyses the three stages of the TPP using the tools of International Relations. It highlights key political truths that are reaffirmed by each TPP stage...

 

ISEAS

2016 Final Report on Good Regulatory Practices in APEC Economies, August 2017. In 2011, APEC developed the “Good Regulatory Practices in APEC Member Economies - Baseline Study” which reviewed the application of selected GRPs across the 21 APEC members. This report focuses on those GRPs that promote regulatory quality standards that are particularly important to trade and investment, such as regulatory accountability, reform capacity, consultation, efficiency, and transparency...

 

APEC

IPv6 Deployment Strategies in APEC Economies, August 2017. In this report, APEC economies share their Internet Protocol version 6 (IPv6) deployment strategies noting the various stages of preparatory work before actual deployment. Each APEC economy is unique in its geopolitical conditions, but common in its goal to be IPv6 capable. This paper seeks to note trends in their deployment strategies in order to serve as learning points for interested economies who are in the midst of their own IPv6 deployment planning.

 

APEC

Research on Energy Storage Technologies to Build Sustainable Energy Systems in the APEC Region, June 2017. This report presents information and analysis on the potential of implementing energy storage technology in the APEC region. By reviewing current technology developments, case studies of active storage projects and related policies across APEC economies, the report provides utilities, industry players and government officials with information to assist in efforts to build more sustainable energy systems.

 

APEC

Workshop Report: Strategies to Address Non-communicable Diseases through Science, Technology and Innovation - Nutrigenomics Approach, January 2017. This report contains the proceedings of the APEC Nutrigenomics 2016. The workshop provided a venue to appreciate and understand nutrigenomics through sharing of knowledge, discussion of research results, and sharing of best practices in conducting nutrigenomics research. It also created frameworks for research collaboration among APEC economies through identification of research and knowledge gaps and discussion of opportunities for collaboration. The workshop was also an instrument in the identification of economically sound opportunities on how nutrigenomics can support the APEC economies.

 

APEC

APEC Privacy Framework (2015), Published 2017. The Framework, which aims at promoting electronic commerce throughout the Asia Pacific region, is consistent with the core values of the OECD’s Guidelines on the Protection of Privacy and Trans-Border Flows of Personal Data (OECD Guidelines), and reaffirms the value of privacy to individuals and to the information society...

 

APEC

The Internet of Things in the Power Sector—Opportunities in Asia and the Pacific, August 2017. n Asia’s power sector, grids are plagued with unreliable service and are struggling to upgrade power systems to keep up with high demand growth rates. The Internet of Things (IoT), billed as the next industrial revolution or Industry 4.0, has the potential to significantly transform the power sector by optimizing operations, managing asset performance, and engaging customers to lower energy cost. The power sector is already reaping benefits from early consumer-oriented IoT applications: smart meters and smart thermostats...

 

ADB

Geographic Information System-Based Decision Support System for Renewable Energy Development - An Indonesian Case Study, August 2017. The Asia and Pacific region is blessed with abundant renewable energy resources. Ironically, 420 million of its people still have no access to electricity, which makes tapping renewable energy an urgent necessity. The GIS-based decision support system (DSS) is a tool designed to help quantify renewable energy sources in a geographical area. Using Bali, Indonesia as case study, the tool estimates the technical potential and creates the right mix of renewable energy (solar, wind, biomass, hydropower, and geothermal) to meet Bali’s specific energy needs. Find out more about this GIS-based system and its potential as a practical tool to support the region’s rapid deployment of renewable energy technologies.

 

ADB

Introducing the Tax-Kicker Bond: Budget-neutral Financing of Private Infrastructure by Backend Participation in Future Tax Revenue Growth, August 2017. Everybody is trying to think of ways to attract long-term private and institutional investors to pay for new highways, railways, bridges, or dams. Promising ideas have been tried; but they have not convinced pension funds or affluent individuals to invest, especially in emerging economies with untested issuers. Yet higher returns from infrastructure projects are an ideal match for institutional investors—if projects are similar to those financed by benchmark United States (US) tax-free municipal bonds, an allowable asset class for decades...

 

ADB

ASEAN+3 Bond Market Guide 2017 Indonesia, Published 2017. The Indonesian bond market has seen significant changes in recent years, such as the reorganization of the regulatory framework of the capital and financial market with the creation of the Financial Services Authority (OJK). All regulatory and supervisory functions for Capital Market Participants and financial institutions converged into OJK. The total outstanding balance of tradable government bonds stood at USD132.0 billion while outstanding corporate bonds were valued at USD23.2 billion as of 30 December 2016.

 

ADB

Financial Regulations: Intermediation, Stability, and Productivity, Published 2017. Co-organized by the Asian Development Bank, Asian Development Bank Institute, European Central Bank, Monetary Authority of Singapore, and National University of Singapore, the Asian Bureau of Finance and Economic Research Specialty Conference gathered leading academics, central bankers, financial regulators, and experts from international financial organizations and discussed theory, practices, and policy implications of financial regulations: intermediation, stability, and productivity.

 

ADB

Financial Inclusion, Regulation, and Education: Asian Perspectives, Published 2017. Financial inclusion is receiving increasing attention as having the potential to contribute to economic and financial development, while at the same time fostering more inclusive growth and greater income equality. However, although substantial progress has been made, there is still much to achieve. East Asia, the Pacific, and South Asia combined account for 55% of the world’s unbanked adults, mainly in India and the People’s Republic of China. This book surveys the experience of some developed and Asian emerging economies to assess factors affecting the ability of low-income households and small firms to access financial services, including financial literacy, financial education programs, and financial regulatory frameworks...

 

ADB

Gender Equality and the Labor Market: Women, Work, and Migration in the People's Republic of China, Published 2017. The People’s Republic of China (PRC) has made advances in narrowing gender gaps in its labor market. It has one of the highest female labor force participation rates in Asia and the Pacific at around 64% in 2013, and one of the narrowest earnings gender gaps. This study investigates how women are faring in the transition to the PRC’s new growth model, and what can be done to promote women’s participation. It shows how the PRC is undergoing multiple transitions that have implications for gender equality and work. For example, during the market transition, gender wage gaps and gender wage discrimination increased, reaching 33% in urban areas and 44% in rural areas. Find out how evidenced-based gender analysis can foster gender responsive policy approaches to promote women’s equality in the labor market.

 

ADB

Public ICT Center for Rural Development: Inclusiveness, Sustainability, and Impact, Published 2017. This report discusses why ICT centers remain popular with governments and rural people, and why it is difficult to serve rural areas. Effective public support practices are identified, based on a review of the record of experience, with special reference to two case studies: a government-run initiative in the Philippines and a public–private partnership in Sri Lanka.

 

ADB

Climate Change Profile of Pakistan, Published 2017. atastrophic floods, droughts, and cyclones have plagued Pakistan in recent years. The 2010 flood killed 1,600 people and caused around $10 billion in damage. The 2015 Karachi heat wave led to the death of more than 1,200 people. Climate change-related natural hazards may increase in frequency and severity in the coming decades. Climatic changes are expected to have wide-ranging impacts on Pakistan, affecting agricultural productivity, water availability, and increased frequency of extreme climatic events. Addressing these risks requires climate change to be mainstreamed into national strategy and policy. The profile covers (i) historical and future expected trends of climate change at provincial level, (ii) expected climate impacts on priority sectors, (iii) the institutional and policy frameworks to address climate change, (iv) climate finance sources, and (v) opportunities for adaptation

 

ADB

Latest ADBI Working Papers:

 

ADB

Latest ADB Economic Working Papers:

 

ADB

Southeast Review of Asian Studies, Volume 38, 2016  

SERAS

 

 

 

 

 

 

 

 

August, 2017

 

 

 

 

 

 

Parents' Perceptions of the Singapore Primary School System, July 2017. In 2016, the Institute of Policy Studies (IPS) conducted a Survey on Parental Perceptions of Education with 1,500 citizen and PR parents to obtain a quantitative picture of sentiments towards Singapore’s primary school system. The respondents’ demographics mirrored the general population except for the gender ratio; we asked the parent predominantly responsible for making decisions relating to primary school education to complete the survey, and more women were represented. Broadly, the results indicate that the vast majority of Singaporean parents are generally pleased with the local education system’s structure, processes and outcomes. Parents appeared to be largely positive and satisfied about the facilities, support network and other features of the school their child was attending...

 

IPS

Trends in Southeast Asia 2017 #9: Parti Amanah Negara in Johor: Birth, Challenges and Prospects. In 2015, a new party called Parti Amanah Negara (Amanah) was formed following the departure of progressive Islamists from the Parti Islam Se-Malaysia (PAS), leaving the latter to be a party dominated by conservative Islamists. Much of the groundwork for the formation of Amanah took place in Malaysia's southern state of Johor. A prominent Johor PAS activist, Mazlan Aliman, was among the first to propagate the idea that a new, progressive platform needed to be formed. This eventually led to the Bakri Declaration which forms the basis for the establishment of Amanah...

 

ISEAS

Out of the “Slipstream” of Power? Australian Grand Strategy and the South China Sea Disputes, June 2017. The changing regional security dynamics necessitate that Canberra re-evaluate and rebalance its relations in the region. Until this is achieved, a muddle-through “hedge and engage strategy” with China will continue; though this strategy is unlikely to support greater confidence in China-Australia relations or U.S.-China relations, and only prompt other countries in the region to conduct similar policy, thereby provoking an entrenchment of the Thucydides trap. The development of a grand strategy would enable greater coherence of Australia’s position and reduce the risk of miscalculation...

 

ISDP

Coordination of Federal, State and Local Disaster Management Arrangements in Australia: Lessons from the UK and the US, August 2017. This document discusses the gaps in Australia’s emergency management legislation and the coordination of federal, state and local disaster management arrangements in Australia. It analyses key legislation from the UK and US jurisdictions and reveals important lessons that could be adopted in Australia.

 

ASPI

ASPI is releasing two research publications on the uses and limitations of big data in national security.

 

ASPI

Trends in Southeast Asia 2017 #8: Rowing Against the Tide? Batam’s Economic Fortunes in Today’s Indonesia. Despite its good infrastructure and proximity to Singapore, Batam's economic performance has taken a turn for the worse, with declining levels of foreign direct investment (FDI) and exports. Well-known firms in the electronics sector have closed shop, the shipping industry is in the doldrums, and unemployment rates have begun to climb. The environment for business is not as conducive as it used to be, with bureaucratic overlaps, persistent red tape, and shortages of land for investors. And, rather than seeking to attract large-scale investments in manufacturing or services, government campaigns have focussed on traditional economic activities such as fishing and farming...

 

ISEAS

The Role of India and China in South Asia, July 2017. Christian Wagner, Senior Fellow at the German Institute for International Security Affairs (SWP), Berlin, explains that “In South Asia, India seems to be a regional power by default. But a closer look reveals that China is gaining an upper hand in the region.”

 

EWC

Promises and Pitfalls of the Belt and Road Initiative, July 2017. Bipul Chatterjee and Saurabh Kumar, Executive Director and Policy Analyst, respectively, at CUTS International, explain that “China may accrue significant benefits if it reduces tariffs through free trade zones, particularly on products from BRI countries.”

 

EWC

Vietnam is a Promising Partner for the Trump Administration, July 2017. Huong Le Thu, visiting fellow at Strategic and Defence Studies Center, Coral Bell School of Asia Pacific Affairs, Australian National University, explains that “[Vietnamese Prime Minister] Phuc aimed to lay out benefits for Washington to induce it to keep ties with Hanoi strong. The prime minister tailored his economic agenda for Trump’s business mindset.”

 

EWC

The Emerging Geopolitics of the Indian Ocean Region, June 2017. Jonathan Ward, Founder of the Atlas Organization, explains that “The Chinese economy depends on access to this region. Energy imports from the Middle East, resources from Africa, and trade with Europe must transit the Indian Ocean in order to reach China.”

 

EWC

Setting Standards for Industry: Comparing the Emerging Chinese Standardization System and the Current US System, Published 2017. This paper compares Chinese and American systems for setting industrial standards. Specifically, the paper compares the US system of voluntary standards, which relies on consensus among parties and market-driven initiatives, with current efforts to reform China's government-directed standardization system. The paper focuses on five aspects: the degree of development of these nonprofit associations, the abilities of the associations, government attitudes, market demand, and overseas experience. The paper culminates in a discussion of policy implications for China's reform efforts. An important argument is that the government should introduce pragmatic, feasible policy measures that address the needs and capabilities of standard-setting organizations. These policies can draw important lessons from the achievements of America's voluntary standard system. This would require a deep understanding of the advantages, disadvantages, and applicability of the US approach to voluntary standards.

 

EWC

Guidance on Insurers' Own Risk and Solvency Assessments (ORSA), July 2017. MAS 126 on Enterprise Risk Management (“ERM”) for Insurers was introduced on 2 April 2013 and took effect on 1 January 2014. The Notice requires insurers to perform an Own Risk and Solvency Assessment (“ORSA”) at least annually to assess
the adequacy of their risk management and their current and projected future solvency
positions. An insurer’s ORSA is central to its ERM framework as it links its business strategy, risk tolerance, risk management and capital management with each other. Specifically, it allows the insurer to better anticipate how potential business risks could crystallise into capital needs, and to make early plans to meet those needs. It also allows an insurer to analyse how its business strategy could be adjusted in line with its risk tolerance. The Monetary Authority of Singapore (“MAS”) takes into account an insurer’s ORSA and its related processes as part of MAS’ assessment of the insurer...

 

MAS

Asian Development Outlook Supplement: Cautious Optimism for Asia's Outlook, July 2017. Developing Asia is now expected to grow by 5.9% in 2017, or 0.2 percentage points higher than the rate previously envisaged. The smaller upgrade in the 2018 growth forecast—5.7% in ADO 2017 to 5.8%—reflects a cautious view on the pace of the turnaround in external demand. Excluding the newly industrialized economies of the Republic of Korea (ROK), Singapore, Taipei,China, and Hong Kong, China, growth projections for the region are revised up to 6.4% for 2017 and to 6.3% for 2018. Projections are upgraded for Central and East Asia but unchanged for the other three subregions...

 

ADB

Pacific Economic Monitor, July 2017. Stronger global demand in the second half of 2016 off set sluggish growth in the first half, causing a marginal slowdown of annual growth to 3.1% in 2016 from 3.4% in 2015. The upswing in the second half of 2016 led to advances in manufacturing and trade as well as strengthening of commodity prices. World output is projected to grow by 3.5% in 2017 and 3.6% in 2018. However, the shift to more inward-looking policies among some major economies—which may disrupt global trade—and uncertainties in United States (US) policy can pose serious risks to short- and medium-term global prospects...

 

ADB

Latest ADBI Working Papers:

 

ADB

Travel Demand Management Options in Beijing, May 2017. Rapid urbanization and motorization combined with high population density have led to serious congestion and air quality problems in the People’s Republic of China capital of Beijing. While Beijing accounts for less than 2% of the population, more than 10% of the country’s vehicles ply the city’s roads. This study is part of the Asian Development Bank’s initiative to support greener and more sustainable transport systems that are convenient and lessen carbon dioxide emissions. Read how congestion charging, vehicle ownership quotas, and progressive parking reforms can improve Beijing’s approach to travel demand

 

ADB

Transforming toward a High-Income People's Republic of China, Published 2017. The People’s Republic of China (PRC) has experienced stellar economic performance over the last 3 decades. Gross domestic product growth has averaged 10% per year. Per capita income has increased by a factor of 13. Life expectancy at birth increased from 67 to 73 years. Rapid growth, however, has posed eight challenges for the PRC: industrial transformation, balanced rural–urban development, human resource transformation, environmental protection, climate change mitigation, water security, subnational debt management, and further integration with the international economic system. In 2013, ADB was invited to provide inputs to support the preparation of the 13th Five-Year Plan (2016–2020). This report summarizes key issues and recommends practical policy options to address the PRC’s challenges.

 

ADB

A Region at Risk: The Human Dimensions of Climate Change in Asia and the Pacific, Published 2017. Asia and the Pacific continues to be exposed to climate change impacts. Home to the majority of the world’s poor, the population of the region is particularly vulnerable to those impacts. Unabated warming could largely diminish previous achievements of economic development and improvements, putting the future of the region at risk. The report discusses the most recent projections pertaining to climate change and climate change impacts in Asia and the Pacific, and the consequences of these changes to human systems, particularly for developing countries. It also highlights gaps in the existing knowledge and identifies avenues for continued research...

 

ADB

Banking on the Future of Asia and the Pacific: 50 Years of the Asian Development Bank (second edition), Published 2017. Focusing on the region’s economic development, the evolution of the international development agenda, and the story of ADB itself, Banking on the Future of Asia and the Pacific raises several key questions: What are the outstanding features of regional development to which ADB had to respond? How has the bank grown and evolved in changing circumstances? How did ADB’s successive leaders promote reforms while preserving continuity with the efforts of their predecessors? ADB has played an important role in the transformation of Asia and the Pacific over the past 50 years. As ADB continues to evolve and adapt to the region’s changing development landscape, the experiences highlighted in this book can provide valuable insight on how best to serve Asia and the Pacific in the future.

 

ADB

Latest APEC publications:

 

APEC

Philippine Institute for Development Studies - Economic Issue of the Day:  

PIDS

Philippine Institute for Development Studies - Policy Notes:  

PIDS

Philippine Institute for Development Studies - Discussion Papers:  

PIDS

 

 

 

 

 

 

 

 

 
 

  

 
 

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