2022 Highlights


2023, 2022, 2021, 2020, 2019, 2018, 2017, 2016, 2015
2014, 2013, 2012, 2011, 2010, 2009, 2008, 2007, 2006, 2005, 2004

December, 2022

	After Hegemony: Japan’s Role and Dilemma in Maintaining the Rules-Based Order, November 2022. The phrase “rules-based order” has recently become a recurring theme in the Japan-US alliance . This is based on the recognition that the liberal international order (LIO)—which the United States built and maintained, and that Japan has significantly benefited from—is now being challenged. While the war in Ukraine has heightened the sense of crisis over global power dynamics, China has been considered the main threat to the LIO...	EWC
	Crumbling Cornerstone? Australia’s Education Ties With Southeast Asia, November 2022. Successive Australian governments have billed education as the cornerstone of its people-to-people connections and influence in Southeast Asia. Yet the era of the Colombo Plan, in which Australia educated the region’s top leaders, is over. Changing economic relativities, and the success of both established and new competitors such as China and Japan, mean Australia’s access and influence through education to the region’s future leaders will decline. Moreover, a narrow focus on Southeast Asia as a market for generating international student revenue may lead to Australia missing opportunities to help build regional human capacity and advance its bilateral relationships...	Lowy
	‘With a Little Help From My Friends’: Capitalising on Opportunity at AUSMIN 2022, Novermber 2022. The collection of essays covers topics and challenges that the US and Australia must tackle together: defence capability, foreign affairs, climate change, foreign interference, rare earths, cyber, technology, the Pacific, space, integrated deterrence and coercive diplomacy. In each instance, there are opportunities for concrete, practical policy steps to ensure cohesion and stability.”...	ASPI
	North of 26° South and the Security of Australia: Views From the Strategist, Volume 6, November 2022. This issue, like previous volumes, includes a wide range of articles sourced from a diverse pool of expert contributors writing on topics as varied as maritime law enforcement, equatorial space launch, renewable energy infrastructure, rare earths and critical minerals, agriculture, Industry 4.0, advanced manufacturing, fuel and water security, and defence force posturing. It also features a foreword by the Honourable Madeleine King MP, Minister for Northern Australia. Minister King writes, “Northern Australia promises boundless opportunity and potential. It is the doorway to our region and key to our future prosperity.”...	ASPI
	Counterterrorism Yearbook 2022. It’s been over two decades since the 9/11 attacks when two planes hit the World Trade Center, one hit the Pentagon and a fourth crashed in Pennsylvania. Close to 3,000 people died and many others were injured, and even more people were traumatised by the experience and the loss of loved ones. Today’s release of the Counterterrorism (CT) yearbook 2022 coincides with the anniversary of the November 2008 Mumbai terrorist attacks and the deaths of 174 people. These and other acts of terror have left an indelible mark and shaped the years that followed...	ASPI
	The Future of Digital Identity in Australia, Published 2022. Digital identity was a key part of the Australian Government’s Digital Economy Strategy: a further $161 million was committed in the 2021 mid-year budget update, bringing total investment since 2015 to more than $600 million. Over that period, the government has developed the Trusted Digital Identity Framework, established the Digital Identity System and, in late 2021, published draft legislation to govern and regulate the system. Although there’s been little apparent progress in the past 10 months, if the potential microeconomic benefits (estimated at $11 billion in the previous government’s Digital Economy Strategy) aren’t sufficient incentive, the September 2022 data breach at Optus, and the subsequent run of data breaches on companies in October should supply new impetus...	ASPI
	State-Sponsored Economic Cyberespionage and the Risk to Nations’ Prosperity: Briefing Note to G20 Leaders’ Summit, November 2022. In 2015, the leaders agreed that ‘no country should conduct or support ICT-enabled theft of intellectual property, including trade secrets or other confidential business information, with the intent of providing competitive advantages to companies or commercial sectors.’ In this Briefing Note, authors Dr Gatra Priyandita, Bart Hogeveen and Dr Ben Stevens conclude that the threat of state-sponsored economic cyberespionage is more significant than ever, with countries industrialising their cyberespionage efforts to target commercial firms and universities at a grander scale; and more of these targeted industries and universities are based in emerging economies...	ASPI
	Trends in Southeast Asia 2022 #17: Explaining PAS’s Dominance in Kelantan. The 2018 general elections saw an unprecedented change in Malaysian politics when the then opposition Coalition of Hope (Pakatan Harapan, PH) took control of the federal government and disrupted the six-decade continuous rule of the National Front (Barisan Nasional, BN) coalition. The so-called political tsunami swept across peninsular Malaysia but stopped short of the east coast states of Kelantan and Terengganu. The Pan-Malaysia Islamic Party (Parti Islam Se-Malaysia, PAS), which contested as a third force, managed to strengthen its hold over Kelantan and wrest Terengganu away from the United Malays National Organisation (UMNO). This article explains why PAS has been dominant in Kelantan, not just stemming the Peninsula-wide wave of change in 2018, but also durably resisting the rule of the UMNO-led BN federal government for decades as an opposition-controlled state...	ISEAS
	One Belt, One Road: Changing Asian Geo-Politics and India, November 2022. The ‘One Belt One Road’ (OBOR) has remarkably transformed discourse on geopolitics within the Asian context. As an initiative, the OBOR has embedded within itself a peculiar dynamic that propels China as the primary determinant of geopolitical cross-currents in Asia. Evolving into being termed ‘Belt and Road Initiative’ (BRI), this paper adheres to OBOR as primary reference, continuous in its metaphorical and temporal usage. Having won accolades and criticisms, Beijing is determined to construct a new ‘frame’ and ‘template’ for Asia, bypassing existing ‘structures’ and institutions. As scholars, the questions that arise from the OBOR are many: How is the OBOR different from existing arrangements? Why is Beijing highlighting OBOR and is it any different from earlier half-hearted attempts at knitting the region in a seamless manner...	ISDP
	The Dangers of a Stagnant China: The Necessity of Awkward Coexistence, November 2022. In the build-up to the 20th Party Congress, a series of essays emerged focusing on Xi Jinping cementing a third term as General Secretary of the Communist Party of China and his future plans for China. These essays dwelled on the question of whether China has peaked, or will it continue to rise and what each scenario would mean for relations between China and the world. This paper aims to migrate away from this question and focus on the consequences of China failing and what that means for the world...	ISDP
	China’s Rise in the Indo-Pacific: A Quad Countries’ Perspective, November 2022. China’s rise as an economic, technological, and military superpower in the last two decades is one of the most prominent factors that led to the emergence of the Quad grouping consisting of the United States, Japan, Australia, and India as a ‘balance of power’ mechanism in the Indo-Pacific region. The four-nation grouping has evolved over time, particularly in the last two to five years, reaching the summit-level in September 2021 and both broadening and diversifying its areas of cooperation...	ISDP
	Latest ADB Publications: Circular Agriculture for Sustainable and Low-Carbon Development in the People’s Republic of China, November 2022 Asia Small and Medium-Sized Enterprise Monitor 2022: Volume I—Country and Regional Reviews, November 2022 Asia Small and Medium-Sized Enterprise Monitor 2022: Volume II—The Russian Invasion of Ukraine and Its Impact on Small Firms in Central and West Asia, November 2022 Digital Financial Inclusion and Literacy from a G20 Perspective, November 2022 Unlocking the Potential of Digital Services Trade in Asia and the Pacific, November 2022 Asia Bond Monitor, November 2022 Developing the Sustainable Bond Market in ASEAN+3: Challenges and Opportunities, November 2022 Survey on Green Bonds and Sustainable Finance in ASEAN: Insights on the Perspectives of Institutional Investors and Underwriters, November 2022 Strengthening Oxygen Systems in Asia and the Pacific: Guidance Note, November 2022 Transformative Solutions and Green Finance in the People’s Republic of China and Mongolia, November 2022 Gender-Responsive Procurement in Asia and the Pacific: An Opportunity for an Equitable Economic Future, Published 2022 Decentralization, Local Governance, and Localizing the Sustainable Development Goals in Asia and the Pacific, Published 2023 Special Economic Zones for Shared Prosperity: Brunei Darussalam–Indonesia–Malaysia–Philippines East ASEAN Growth Area, November 2022 Green Bond Market Survey for Malaysia: Insights on the Perspectives of Institutional Investors and Underwriters, November 2022 Carbon Pricing for Energy Transition and Decarbonization, November 2022 Building Resilience of the Urban Poor: Recommendations for Systemic Change, November 2022 Sponge Cities: Integrating Green and Gray Infrastructure to Build Climate Change Resilience in the People’s Republic of China, November 2022 Climate Change Mitigation: Policies and Lessons for Asia, Published 2022 Strengthening Active Labor Market Policies to Drive an Inclusive Recovery in Asia, Published 2022 Accelerating Private Sector Engagement in Adaptation in Asia and the Pacific, November 2022 Risk-Off Shocks and Spillovers in Safe Havens, November 2022	ADB
	Latest APEC publications: Artificial Intelligence in Economic Policymaking, November 2022 APEC Workshop on Energy Intensity Reduction in the APEC Regions’ Urbanised Cities, November 2022 Exploring Co-Benefit Opportunities for Renewable Energy and Energy Efficiency Projects in the APEC Region, November 2022 2022 CTI Annual Report to Ministers Fact sheet: 2022 APEC Senior Officials' Report on Economic and Technical Cooperation, November 2022 APEC Senior Officials' Report on Economic and Technical Cooperation, November 2022 2022 APEC Economic Policy Report Fact sheet: 2022 APEC Economic Policy Report APEC in Charts 2022 Summary of the SCE Roundtable Partnership towards Sustainable Economic Growth through the Bio-Circular-Green (BCG) Economy Model, November 2022 COVID-19 and Cross-Border Mobility in the APEC Region: Addressing Uncertainties at the Border, November 2022 Enhancing Green MSMEs’ Competitiveness for a Sustainable and Inclusive Asia-Pacific: Food Sector Waste Reduction in Food Supply Chain, November 2022	APEC


November, 2022

	Monetary Authority of Singapore: Macroeconomic Review, Volume XXI, Issue 2, October 2022 (Full Report): Monetary Policy Statement Chapter 1: The International Economy Box A Drivers of Inflation in the ASEAN+3 Economies Chapter 2: The Singapore Economy Chapter 3: Labour Market and Inflation Chapter 4: Macroeconomic Policy Box B Review of MAS Money Market Operations in FY2021/22 Special Feature A Effects of Higher Global Input Costs on Prices in Singapore Special Feature B Global Evidence on the Premium for Market Illiquidity Special Feature C Liquidity Dependence	MAS
	High Frequency Macroeconomic Forecasts Current Quarter Model: 2022Q4, October 2022. Dampened by the fifth wave of the epidemic, Hong Kong economy dropped by 2.6% in the first half of 2022. With the support of phase II of the government consumption voucher scheme and easing of social distancing measures, Hong Kong’s real GDP is estimated to revert to a 0.7% growth in 22Q3 compared to the same period last year. The job market will continue to improve with the unemployment rate dropping from 5% in the beginning of 2022 to 4% by the end of this year, returning to 21Q4’s level. Despite the significant drop of coronavirus infections in the second half of 2022, uncertainties brought by the global economic slowdown constrains output growth in the near term, especially in the external demand. Hong Kong’s GDP is expected to grow by 1.8% in 22Q4. For the year 2022 as a whole, Hong Kong’s real GDP is forecast to drop by 0.6%...	HKU
	Chinese Coercion, Australian Resilience, October 2022. Australians have grown in confidence about the country’s ability to withstand economic coercion from China since the imposition of punitive trade measures in 2020. Beijing suspended high-level political exchanges and imposed a range of informal sanctions and trade blockages against Australia in the wake of a series of escalating disputes, culminating in Canberra’s call for an independent inquiry into the origins of Covid-19 in April that year. Two years on, it is prudent to plan on the basis that it is still early days in China’s use of trade measure against Australia. Canberra and Beijing resumed ministerial-level dialogue after the election of the Albanese Labor government in May 2022...	Lowy
	Frontier Influencers: The New Face of China’s Propaganda, October 2022. This report explores how the Chinese party-state’s globally focused propaganda and disinformation capabilities are evolving and increasing in sophistication. Concerningly, this emerging approach by the Chinese party-state to influence international discourse on China, including obfuscating its record of human rights violations, is largely flying under the radar of US social media platforms and western policymakers. In the broader context of attempts by the Chinese Communist Party (CCP) to censor speech, promote disinformation and seed the internet with its preferred narratives, we focus on a small but increasingly popular set of YouTube accounts that feature mainly female China-based ethnic-minority influencers from the troubled frontier regions of Xinjiang, Tibet and Inner Mongolia, hereafter referred to as ‘frontier influencers’ or ‘frontier accounts’...	ASPI
	Deciding the Future: The Australian Army and the Infantry Fighting Vehicle, October 2022. The aim of this report is to inform government decision-makers and the public on the ability of Project LAND 400 Phase 3—the infantry fighting vehicle (IFV) acquisition—to meet the needs of Australia. I examine a number of factors that provide context for the government’s upcoming decision, whenever that may take place. Those include how IFVs fit into the Australian strategic environment, the ease with which the ADF can deploy them, their vulnerability to threats, and the ongoing utility of armour in the light of lessons unfolding from the ongoing Russian–Ukrainian War. To set the information into a useful context, this report explains the nature of contemporary land warfare and speculates how the Australian Army is likely to fight in a future conflict. To further assist those making the IFV decision, this report offers a number of scenarios that outline potential operations that the government may direct the ADF to undertake...	ASPI
	Suppressing the Truth and Spreading Lies, October 2022. The Chinese Communist Party (CCP) is attempting to influence public discourse in Solomon Islands through coordinated information operations that seek to spread false narratives and suppress information on a range of topics. Following the November 2021 Honiara riots and the March 2022 leaking of the China – Solomon Islands security agreement, the CCP has used its propaganda and disinformation capabilities to push false narratives in an effort to shape the Solomon Islands public’s perception of security issues and foreign partners. In alignment with the CCP’s regional security objectives, those messages have a strong focus on undermining Solomon Islands’ existing partnerships with Australia and the US. Although some of the CCP’s messaging occurs through routine diplomatic engagement, there’s a coordinated effort to influence the population across a broad spectrum of information channels...	ASPI
	The Gulf: Dragon on the Prowl, October 2022. The geopolitical sands are shifting in the Persian Gulf. Investments in critical infrastructure allow Beijing to project power, reap financial rewards, secure resources, expand markets, acquire strategically located bases, and undermine America’s security alliances. The Russian invasion of Ukraine has further brought into sharp focus simmering tensions and stresses and strains. Economic diversification, strategic hedging, pragmatism and “Look East” are the buzzwords. The Gulf sheikhdoms are on the cusp of history where choices made today will shape their future. Washington can no longer expect a monogamous relationship in a region ripe for polygamy with multiple suitors. Nonetheless, this paper argues that the logic of geopolitics dictates that China’s expansionist moves would prevent America’s retreat because the success of Washington’s Indo-Pacific strategy is linked to maintaining its presence in the resource-rich Gulf, and not letting China dominate it. Besides, when the chips are down, nearly all Gulf states still “Look West” for security against regional threats.	ISDP
	North Korea’s Pandemic Conundrum: Self-Containment and Humanitarian Crisis, October 2022. North Korea acknowledged its healthcare crisis this May and retreated to the Zero-COVID policy under self-containment, which they adopted in early 2020. Pyongyang also perceived economic stresses when they decided to loosen border control on trade with China last autumn. Since Kim Jong Un and other leaders of North Korea declared an extreme national emergency regarding COVID-19 just after acknowledging the pandemic cases, a humanitarian crisis has loomed. To prevent the crisis, this issue brief posits that the international community should consider providing sufficient necessities to the North Korean people, despite resistance they may face from Pyongyang.	ISDP
	Taiwan in the European Discourse: Toward Political Consensus? October 2022. The EU’s Strategy for Cooperation in the Indo-Pacific recognizes that the display of force in the Taiwan Strait may have a direct impact on European security and prosperity. In this context, and in response to the military belligerence of the People’s Republic of China and its gray zone activities, Brussels elevated Taiwan into its political discourse. Yet, consensus on the role member-states want the EU to play in the Taiwan Strait remains a work in progress. In light of Beijing’s diplomatic support to Russia’s aggression against Ukraine, the EU has grown more aware of its own vulnerabilities. This issue brief discusses how Brussels must now start seeing Taiwan through the lens of security and work toward a credible EU-level strategy that contributes to preserving the status quo in the Taiwan Strait, deters PRC aggression, and protects the EU’s own interests.	ISDP
	China’s Polar Silk Road Revisited, October 2022. China’s presence in the Arctic continues to garner international attention, not least since Beijing published its first Arctic White Paper in 2018. The prospect of improved economic opportunities caused by the melting of the Arctic ice cap, reduced shipping times, access to potentially large fossil fuel reserves, and opportunities to advance climate change research have led to numerous actors – China included – venturing further into the Arctic. China has been active in the northern polar region since the 1980s via scientific research. Yet, in tandem with Beijing concretizing its Arctic ambitions with its vanguard Polar Silk Road (PSR; 冰上丝绸之路), pushback against Chinese investments and activities grew stronger. Spearheaded by the U.S., opposition to China’s anticipated northward expansion further extended to include more Western countries (especially northern Europe and Canada). Exacerbating Sino-American tensions, in particular, have fuelled concerns that China’s Arctic ambitions may not be entirely benign, with some critical voices even suggesting that Chinese economic and research interests foreshadow a High North militarization...	ISDP
	Trends in Southeast Asia 2022 #16: Freedom of Religion in Malaysia: The Situation and Attitudes of “Deviant” Muslim Groups. Article 18 of the Universal Declaration of Human Rights (UDHR), published by the United Nations in 1948, states that “everyone has the right to freedom of thought, conscience and religion; this right includes freedom to change his religion or belief, and freedom, either alone or in community with others and in public or private, to manifest his religion or belief in teaching, practice, worship and observance.” Malaysia recently won its bid to sit on the United Nations Human Rights Council from 2022 to 2024. However, while the country’s constitution is progressive in underlining the rights of religious minorities, this is severely lacking in practice as it exercises heavy regulation on religion, combined with restrictions on the practices of certain faiths...	ISEAS
	Trends in Southeast Asia 2022 #15: Concepts and Patterns of Chinese Migration, with Reference to Southeast Asia. Concepts and patterns of Chinese migration are often described with terms such as guigen (归根, return to one’s original roots), shenggen (生根, sprout local roots), shigen (失根, lose original roots), wugen (无根, without roots), and duogen (多根, many roots). These terms, linked to the Mandarin word gen (根, roots), carry various meanings including home, citizenship, ethnicity, as well as local language, culture and society. In Southeast Asia, the predominant patterns of migration are shenggen/shigen, guigen, shenggen/shigen, wugen and/or duogen. These concepts represent the mainstream patterns during various periods, which may admittedly exist concurrently. The pattern in each particular period is influenced by an array of internal and external factors, such as colonial and subsequently government policies directed at migrants, as well as forces and opportunities afforded by globalization...	ISEAS
	Latest ADB Publications: Inclusive Education with Differentiated Instruction for Children with Disabilities: A Guidance Note, October 2022 Azerbaijan's Ecosystem for Technology Startups—Baku, Ganja, and Shamakhi, October 2022 How the Asian Development Bank Uses Change Management to Unlock the Value of Knowledge, October 2022 COVID-19 and the Deployment of Labor Migrants from Asia: Lessons Learned and Ways Forward, October 2022 Building Better Local Business Environments: Accelerating Pandemic Recovery of Small Firms in Cambodia, the Lao People’s Democratic Republic, Thailand, and Viet Nam, October 2022 Building Resilience among the Philippines’ Urban Poor, October 2022 Road Map for Developing an Online Platform to Trade Nonperforming Loans in Asia and the Pacific, October 2022 Applying the Asian Development Bank’s Approach to Gender Mainstreaming in Private Sector, October 2022 Accelerating Gender Equality in the Renewable Energy Sector, October 2022 Accelerating Gender Equality in the Agribusiness Sector, October 2022 Accelerating Gender Equality in the Finance Sector, October 2022 How Female-Friendly Are Workplaces in Urban Pakistan? October 2022 Electric Motorcycle Charging Infrastructure Road Map for Indonesia, October 2022 Two Strategies for Innovation and Growth in Asia and the Pacific, October 2022	ADB
	Latest ADB Working Paper Series: Entrepreneurship and Economic Growth: A Cross-Sectional Analysis Perspective, October 2022 Economic Impact of COVID-19 Containment Policies: Evidence Based on Novel Surface Heat Data from the People’s Republic of China, October 2022	ADB
	Latest ADBI Working Paper Series: Toward a Hydrogen Economy in Kazakhstan, October 2022 International Agreements and Global Initiatives for Low-Carbon Cooling, October 2022 Entrepreneurship Training and Online Marketplace Participation among Female Persons with Disabiliti, October 2022 Harnessing the Potential of Online Marketplaces in the Philippines: Insights from the National Information and Communications Technology Household Survey, September 2022 Contribution of Agriculture to Climate Change and Low-Emission Agricultural Development in Asia and the Pacific, September 2022 Construction of an Index Tracker for Debt Sustainability Assessment in the Philippines, September 2022	ADB
	Latest APEC publications: Policy Reponses to Stimulate MSME Demand in the Wake of COVID-19 Pandemic in APEC Economies, October 2022 Key Recommendations: Public-Private Approaches to Decarbonizing Power Systems in APEC, October 2022 Charting New Pathways for APEC: A Sustainable Future Inspired by the Bio-Circular-Green (BCG) Economy, October 2022 Putrajaya Vision 2040, COVID-19 and Information Disorder, October 2022 Planning A Transition To Electrification of Public Transit Systems: Learnings From The Bus Rapid Transit System of Metrobus in Mexico City, October 2022 The APEC LCMT Project Wrap-up Symposium, October 2022 Assessment Report: APEC Customs Capacity Building for Improved Trade Facilitation, October 2022 Guidelines on the Reduction of Seafood Waste and Loss, October 2022 Performance Assessment of Mental Health Rehabilitation to Combat the 4th Wave of COVID-19, October 2022 Gender and Structural Reform: Achieving Economic Growth through Inclusive Policies, October 2022	APEC


October, 2022

	Australia’s Semiconductor National Moonshot, September 2022. Australia has recently been forced to cross a Rubicon. Its wholehearted embrace of global free trade and just-in-time supply chains has had to confront the hard reality of geopolitics. In many parts of the world, geopolitics is choking free trade, and China—Australia’s largest trading partner—has shown itself particularly willing to use trade coercively and abrogate its free trade commitments, not just with Australia, but with countries all around the world. Advanced technologies are at the centre of this geopolitical struggle, because of the risk that withheld supply poses to national economies and security. As Covid-19 disruptions have demonstrated, the risks are not even limited to deliberate coercion...	ASPI
	The Geopolitical Implications of Russia’s Invasion of Ukraine, September 2022. The eminent Harvard University professor of Ukrainian history, Serhii Plokhy, observed that Russia’s occupation of Crimea, Donetsk and Luhansk in 2014 raised fundamental questions about Ukraine’s continuing existence as a unified state, its independence as a nation, and the democratic foundations of its political institutions. This created a new and dangerous situation not only in Ukraine but also in Europe as a whole. For the first time since the end of World War II, a major European power made war on a weaker neighbour and annexed part of the territory of a sovereign state. This unprovoked Russian aggression against Ukraine threatened the foundations of international order—a threat to which, he said, the EU and most of the world weren’t prepared to respond...	ASPI
	Assessing the Groundwork: Surveying the Impacts of Climate Change in China, September 2022. he immediate and unprecedented impacts of climate change are becoming increasingly apparent across China, as they are for many parts of the world. Since June 2022, China has been battered by record-breaking heatwaves, torrential downpours, flooding disasters, severe drought and intense forest fires. In isolation, each of those climate hazards is a reminder of the vulnerability of human systems to environmental changes, but together they are a stark reminder that climate change presents a real and existential threat to prosperity and well-being of billions of people. Sea-level rise will undermine access to freshwater for China’s coastal cities and increase the likelihood of flooding in China’s highly urbanised delta regions...	ASPI
	ASPI AUKUS Update 2: September 2022—The One-Year Anniversary. Consistent with a partnership that’s focused on the development of defence and technological capability rather than diplomatic grandstanding, there have been few public announcements about the progress of AUKUS. That’s an observation we made in our first AUKUS update in May, and one we make again in this latest update, one year on from the joint unveiling of the partnership in mid-September 2021. Periodic press releases note meetings of the three-country joint steering groups—one of which looks at submarines and the other at advanced capabilities—but provide little hint about what was discussed. On Submarines, we shouldn’t expect to hear anything concrete until the 18-month consultation phase concludes in March 2022...	ASPI
	Marles’s Defence Strategic Review—an Exploding Suitcase of Challenges to Resolve by March 2023, August 2022. The Review is to report before March 2023 so that the Albanese government can make decisions on it at the same time as they are deciding about the path that gives Australia 8 nuclear submarines within an AUKUS partnership that makes these safe and effective. Before they even get to thinking about their task – ‘to ensure Defence has the right capabilities to meet our growing strategic needs’ —Smith and Houston will need to confront the ugly fact that Defence’s current plans are already unaffordable despite the large and growing defence budget the Albanese government has committed to...	ASPI
	Renewable Energy and Climate Action: The Future of Japan and Sweden Cooperation, September 2022. This joint publication of the Institute for Security and Development Policy (ISDP) and Kajima Institute of International Peace (KIIP) in Tokyo covers a solution-oriented approach to Climate Challenges that both Japan and EU/Sweden confront at large. This study covers many critical areas such as renewable energy, climate practices and the role of technology to mitigate climate challenges. Additionally, this Special Paper analyses the Climate change mitigation efforts which may lead to conflicts among countries. Russia’s invasion of Ukraine and the resulting energy crisis have strongly reminded the world of this point...	ISDP
	U.S.-ASEAN Summit: Democracy Promotion on the Backburner, September 2022. As democracy comes under acute threat from rising authoritarianism across Southeast Asia, this issue brief explores whether there is a loss of U.S. leadership on democracy promotion in the region. A critical reading of the joint statement released after the ASEAN-U.S. special summit shows that the current U.S. administration has not followed through with the Obama-era practice of discussing democracy and human rights issues with Southeast Asian countries. Against the backdrop of China’s rising influence, this issue brief makes a case for the Biden administration to focus democracy promotion efforts on Southeast Asia while taking into account the political specificities of these countries...	ISDP
	Enlarging Indo-Pacific into the Orbit of Euro-Atlantic: Implications for India, September 2022. Following the release of the United States’ Indo-Pacific strategy that called for building bridges between the Indo-Pacific and the Euro-Atlantic, the idea of interlinking the two geopolitical theaters has gained significant currency, especially against the backdrop of the Russian invasion of Ukraine. As China and Russia’s diplomatic and military cooperation deepened amidst the Ukraine crisis, the U.S. and some of its European and Asian allies declared that the security of the two geopolitical regions is indivisible and requires an inter-theater outlook. India, which is a major player in the Indo-Pacific region, has been lukewarm to such a strategic merger...	ISDP
	EU-Taiwan Semiconductor Cooperation: Lopsided Priorities? September 2022. The European Union (EU) seeks de facto closer cooperation on chip production with Taiwan. This was underlined during Foreign Minister Joseph Wu’s Europe Tour in 2021 and by a more recent EU Parliament delegation to Taipei amid efforts to push for a bilateral investment agreement. Having announced the Chips Act in February 2022, the EU has since held its first high-level talks with a delegation from Taiwan’s Ministry of Economy. Meanwhile, reports emerged in 2021 that the world’s largest chip manufacturer –TSMC – has been in contact with European officials about setting up local production facilities in the EU...	ISDP
	Trends in Southeast Asia 2022 #14: Thailand’s Economic Dilemmas in Post-Pandemic Asia. Thailand combines many recent economic trends facing Southeast Asia, while being immersed in the geopolitics of Northeast Asia and facing demographic conditions resembling those of Northeast Asian countries. Thailand continues to economically and politically manoeuvre around the tensions in intra-Asian relations. Over the past decade, Thailand has managed to balance many disparate competitors—attracting investments from China and Japan, welcoming military cooperation with both China and the United States, and hosting travellers from Russia, Ukraine, China, the US, Israel, Saudi Arabia, and Iran—with a goal of receiving benefits from engagement with many different sides and actors. Thailand’s economy suffered greatly during the height of the COVID-19 pandemic. Today, the Thai economy appears to be on a better footing than it was on two years ago, but with substantial long-term challenges that remain unresolved...	ISEAS
	Trends in Southeast Asia 2022 #13: Health Security in Indonesia and the Normalization of the Military’s Non-Defence Role. Military engagement in non-military affairs in response to global health threats has become prominent since the outbreaks of poliovirus (2014–17), Ebola, and Zika (Carlin et al. 2021). However, military activism in non-defence arenas may have a negative impact on democratic governance, especially when soldiers are mobilized for domestic policing. But what is it that motivates leaders to mobilize military forces to deal with health crises? Likewise, what is it that motivates the armed forces to engage in public health control? There are two views in discussing these questions. Some analysts argue that it is a matter of utility in a country where state capacity is limited. They argue that leaders, in order to effectively deal with the complex challenges of a health security crisis, must mobilize all available resources, civilian or military, to maximize the government’s performance (Chretien et al. 2007; Downie 2012; WHO 2021). According to this argument, the military obeys a call-out order as its professional commitment...	ISEAS
	The Political Economy of Education in Myanmar: Recorrecting the Past, Redirecting the Present and Reengaging the Future, September 2022. Myanmar’s education sector has been consistently starved of investments and resources for many decades. Episodes of political turbulence have brought frequent crackdowns on students, with resultant damage to the education system. Myanmar’s 2021 military coup has had dramatic and adverse effects on education at all levels. Parallel educational systems — those of the coup regime, the rival National Unity Government, and ethnic organizations — now operate in Myanmar. The security of everyone involved in Myanmar’s education sector is at risk. As Myanmar moves beyond rentier status, the future of the country’s education sector will depend on forging an education sector compatible with diversity, access to modern technologies, and on educated Myanmar migrants in the diaspora.	ISEAS
	Promoting Cross-Border Connectivity in Asia: The Role of the Asian Development Bank, September 2022. Improvements in all forms of connectivity increases a country’s competitiveness by reducing trade costs, which in turn affects trade and investment flows, and economic development. Despite significant progress, gaps in both hard and soft infrastructure remain in Asia. Cross-border connectivity (CBC) projects can generate significant benefits that cannot be realised through national initiatives alone. ADB and other international financial institutions (IFIs) have played a critical role in filling the gap. However, unless capacity utilisation is increased by software related improvements, the borrowings cannot be justified. The digital economy will also require new types of connectivity due to new modes of service delivery, and IFIs must respond.	ISEAS
	Determinants of COVID-19 Vaccine Rollouts in Southeast Asia, September 2022. The emergence of the Covid-19 pandemic necessitated the administration of safe and effective vaccines to achieve herd immunity. This paper examines the key determinants of vaccine rollout in Southeast Asia, using a supply and demand model. The supply of vaccines in each country depends on vaccine procurement, state capacity, and the logistics infrastructure while demand is driven by vaccine acceptance. All countries utilized a multiple sourcing strategy for procurement. Digital technology facilitated the roll-out of vaccination and the issuance of digital vaccination certificates. Nevertheless, logistic challenges and vaccine hesitancy continue to dog Indonesia and Philippines, so that both have yet to achieve the WHO targeted 70% vaccination rate by June 2022. Myanmar’s internal problems continue to hold up its vaccination rates.	ISEAS
	Moving Forward Through COVID-19 in Singapore: Well-Being, Lessons Learnt and Future Directions, July 2022. This paper reviews the well-being of Singaporeans during the past two years of the COVID-19 pandemic. It also examines Singaporeans’ outlook towards the future, such as emerging concerns and perceptions towards government leadership, as well as lessons learnt from the pandemic. We found that while the proportion of respondents who felt stressed from the pandemic has fallen since its earlier stages in 2020, it did not necessarily translate into respondents’ self-perceptions of better mental well-being. Specifically, the proportion of those who felt stressed has fallen from 50 per cent in W1 (21 April 2020 – 23 April 2020) to 31 per cent in W52 (24 June 2022 – 4 July 2022)...	IPS
	Strengthening AML/CFT Practices for External Asset Manager, August 2022. This information paper sets out MAS’ supervisory expectations of effective anti-money laundering and countering the financing of terrorism (AML/CFT) frameworks and controls for external asset managers (EAMs), also known as independent asset managers. The guidance is based on key findings from a series of thematic inspections and engagements conducted by MAS. EAMs should review their AML/CFT frameworks and controls against these expectations in a risk-based and proportionate manner. Where EAMs observe any gaps in their frameworks and controls, specific remediation/enhancement measures should be identified and implemented in a timely manner...	MAS
	Operational Risk Management - Management of Third Party Arrangements, August 2022. Effective management of operational risk is fundamental to a financial institution’s (FI) holistic risk management framework. The nature and scope of operational risk have evolved over time, given trends such as the large-scale adoption of remote working and the adoption of new technologies. The increasing reliance on third party outsourcing and non-outsourcing arrangements (collectively, “third party arrangements”) has also prompted supervisory authorities to update their regulatory approaches. For example, the Financial Stability Board has published the responses to a consultation on “Regulatory and Supervisory Issues Relating to Outsourcing and Third-Party Relationships”, with suggestions to develop global standards on outsourcing and third party risk management, and to adopt consistent definitions and terminology...	MAS
	Latest APEC publications: APEC Energy Demand and Supply Outlook (8th Edition) - Volume I, September 2022 APEC Energy Demand and Supply Outlook (8th Edition) - Volume II, September 2022 APEC Energy Overview 2022, September 2022 Digital Technology and Global Integration: Opportunities for Innovative Growth, September 2022 Policy Options for Decarbonising Transportation in APEC, September 2022 Understanding the Bio-Circular-Green (BCG) Economy Model, August 2022 APEC Bio-Circular-Green (BCG) Symposium – Summary Report, August 2022 Workshop on Nanoplastics in Marine Debris in the APEC Region, August 2022 2021 PSU Annual Report, August 2022 Policy Brief: Rejuvenating Cities and Resilience Capacities for Multi-Challenges of COVID-19 Pandemic, Extreme Weather Events and Climate-Induced Disaster, August 2022 Knowledge Note: Rejuvenating Cities and Resilience Capacities for Multi-Challenges of COVID-19 Pandemic, Extreme Weather Events and Climate-Induced Disaster, August 2022 Understanding the Role Played by ICT in Disaster Response of MSMEs, August 2022 APEC Capacity Building Workshop on Climate-Smart Agriculture by Using Geospatial Data and Earth Science Technology, August 2022 Public Policy, Fintech and SMEs: Recommendations for Promoting a New Financing Ecosystem, August 2022	APEC
	Latest ADB Publications: Local Currency Collateral for Cross-Border Financial Transactions: Policy Recommendations from the Cross-Broder Settlement Infrastructure Forum, September 2022 Thailand’s Evolving Ecosystem Support for Technology Startups, September 2022 Tackling Unequal Access to Digital Education in Viet Nam during the COVID-19 Pandemic, September 2022 Policy Messages for Planning and Implementing High-Speed Rail in Asia, September 2022 Health Security Interventions for COVID-19 Response: Guidance Note, September 2022 Disaster Displacement in Asia and the Pacific: A Business Case for Investment in Prevention and Solutions, September 2022 Green Bond Market Survey for Cambodia: Insights on the Perspectives of Institutional Investors and Underwriters, September 2022 Green Bond Market Survey for the Lao People's Democratic Republic: Insights on the Perspectives of Institutional Investors and Underwriters, September 2022 Role of Insurance in Protecting Marine Coastal Ecosystems in Asia and the Pacific, September 2022 Asia Bond Monitor, September 2022 Collective Investment Scheme Transactions in ASEAN+3: Benchmark Product and Market Infrastructure Design, September 2022 What We’ve Learned from Working with Thailand’s Private Sector, September 2022 Narrowing the Disaster Risk Protection Gap in Central Asia, September 2022 Informal Services in Asian Cities: Lessons for Urban Planning and Management from the Covid-19 Pandemic, September 2022 Informal Services in Asian Cities: Lessons for Urban Planning and Management from the COVID-19 Pandemic, September 2022 Financing Climate Targets: A Study of Select G20 Countries, September 2022 The Emerging Era of Digital Identities: Challenges and Opportunities for the G20, August 2022	ADB
	Latest ADB Working Paper Series: Characterizing Regionalism in Asia: A Modern Global Supply Chain Perspective, September 2022 Does Corruption Discourage Entrepreneurship? September 2022 Trade Effects of Transportation Infrastructure among CAREC Countries, September 2022	ADB
	Asian Development Review, Vol. 39, No. 2, 2022 (Full Report): It hones in on trade to analyze how technology changes job markets in developing Asian economies, assesses e-commerce growth, and considers trade costs in the Philippines. Studies cover how farmers in Pakistan can increase productivity, delves into Nepal's fertilizer market, and asks whether the quality of ASEAN banks affects credit growth. Additionally, the edition explores COVID-19’s impact on Tajikistan's remittance-dependent households, and the outcomes of distributing nutritional information through conditional cash transfer networks in the Philippines. The Employment Effects of Technology, Trade, and Consumption in Global Value Chains: Evidence for Developing Asia Nexus of Technology Adoption, E-commerce, and Global Value Chains: The Case of Asia Overland and Oversea: Domestic Trade Frictions in the Philippines Information and Decision-Making Power: Explicating the Impact of Information Provision in the Conditional Cash Transfer Program on Food Consumption Share in the Philippines Remittances, Household Welfare, and the COVID-19 Pandemic in Tajikistan Behavior of Private Retailers in a Regulated Input Market: An Empirical Analysis of the Fertilizer Subsidy Policy in Nepal Technical Efficiency in Production of Major Food Grains in Punjab, Pakistan Bank Credit Growth and Trust: Does Institutional Quality Matter? Evidence from the Association of Southeast Asian Nations	ADB
	Asian Development Outlook (ADO) 2022 Update: Entrepreneurship in the Digital Age (Highlights, Theme Chapter and Full Report). The region’s economy is expected to grow 4.3% this year, compared with ADB’s projection in April of a 5.2% expansion, while the growth forecast for next year is lowered to 4.9% from 5.3%. The downward revisions have been driven by increased monetary tightening by central banks, fallout from the protracted Russian invasion of Ukraine, and recurrent COVID-19 lockdowns in the People’s Republic of China. Inflation in developing Asia this year is likely to reach 4.5%, up from ADB’s earlier projection of 3.7%. The forecast for 2023 is 4.0%, up from 3.1%. While inflation in the region remains lower than elsewhere, supply disruptions continue to push up food and fuel prices...	ADB


September, 2022

	North Korean Food Insecurity: Is Famine on the Horizon? August 2022. North Korea is a complex humanitarian emergency with food insecurity at its core. Data on grain prices and quantities depict a deteriorating situation, made worse by the regime’s self-isolating response to the COVID-19 pandemic and the war in Ukraine. The grain supply appears to have fallen below minimum human needs, but the situation is neither as dire as the 1990s famine nor as severe as conditions elsewhere in the world today. Food insecurity in North Korea is not only a humanitarian issue, but it is a strategic issue as well. From the perspective of donors, given the lack of regime accountability, at the present time aid is unlikely to be an effective lever in achieving other diplomatic goals, nor does North Korea appear to be the potential recipient of greatest need...	EWC
	Ukraine Will Not Happen in Asia: America Seeks to Check China through Taiwan Visit and Quad Initiatives, August 2022. After leading a sanction-blitz against Russia and providing $8.7 billion worth of arms and equipment to Ukraine—including M142 High Mobility Artillery Rocket Systems (HIMARS) and M777 155mm Howitzers—the United States opened a pointed tactical political flank against China through the Quadrilateral Dialogue, or Quad, summit held in Tokyo in May. China vehemently condemned US House of Representatives Speaker Nancy Pelosi's August trip to Taiwan and conducted military drills and missile tests in the waters and airspace around the island...	EWC
	Will the Partnership for Global Infrastructure and Investment be a Game-changer in the Indo-Pacific? July 2022. The 2022 summit of the G7, a group of major industrialized countries, namely Canada, France, Germany, Italy, Japan, the United Kingdom and the United States, was held on June 26 to 27 amid the unfolding Ukraine-Russia war. Argentina, India, Indonesia, Senegal, and South Africa were also invited, while Ukrainian President Volodymyr Zelenskyy took part virtually. The Summit witnessed a significant focus on the war in Eastern Europe and its negative implications for global energy and food security. However, in an attempt to address the challenges brought by China’s rise and expanding economic clout, the G7 leaders unveiled the Partnership for Global Infrastructure and Investment (PGII)...	EWC
	Australia in the Middle East: Enduring Risks, Interests, and Opportunities, August 2022. As Australia refocuses its foreign and defence policies on its near abroad, it must be careful not to allow ties with the Middle East to fall into neglect. This analysis examines the impact that two decades of security engagement in the Middle East have had on Australia’s relations with the region and argues that while Canberra may have largely ended the country’s military commitments in the Middle East, the region is more important in more ways to Australia than it was before that commitment got underway. An expanded Australian diplomatic footprint, growing economic ties, and more extensive people-to-people links with the Middle East means that the region and its security risks have greater domestic relevance for Australia than they did two decades ago.	Lowy
	Wechat’s Role in Australian Democracy: A Grassroots View, August 2022. The social media messaging app WeChat is often portrayed in expert and media commentary as being inherently incompatible with democracy in Australia because the platform is subject to the scrutiny and censure of China, an authoritarian one-party state. This study provides the first in-depth snapshot of how politicians and everyday Chinese-Australians use WeChat at the grassroots level during council elections. It finds that WeChat, in these circumstances, can be broadly compatible with liberal democracy and significantly enhances democratic participation in a multicultural society. Using the December 2021 New South Wales (NSW) local elections as a case study, this paper analyses qualitative data collected from private group chats, interviews with Chinese-Australian politicians, and editors from media outlets on WeChat...	Lowy
	‘Deep Roots’: Agriculture, National Security and Nation-Building in Northern Australia, August 2022. This report offers a multidisciplinary analysis of the various components that make up and influence the vast and complex agriculture industry network in northern Australia. It examines the economic and historical underpinnings of the agriculture industry we know today; the administration, direction and implementation of agricultural policy and funding across levels of government; the many and varied demographic and cultural characteristics of the northern Australian population; and the evolution of place-based physical and digital infrastructure. The role of infrastructure and infrastructure funding in northern Australia plays a key role in the report’s narrative...	ASPI
	India’s Cyber Security Policy: Strategic Convergence and Divergence with Quad, August 2022. The rise in cyber-attacks across the Indo-Pacific and beyond has necessitated a robust and a common approach towards cyber-resilient information infrastructure in the region. The Quad has taken a good leadership role in this regard through the Joint Cyber Principles of Quad Cybersecurity Partnership. India has had a cyber-security policy since 2013 and has since been working to mitigate cyber threats at source. A nodal cyber-security agency, a strong regulatory framework, a center for protection of critical infrastructure, periodic audits, have all successfully built a strong cyber-security architecture in the country. The cyber-security policy of India shares many common principles with the Quad Joint Cyber Principles...	ISDP
	Three Decades of India’s Eastward Engagement: China’s Perceptions and Responses, August 2022. This issue brief looks into China’s perceptions and responses to India’s Act East Policy. It argues that China sees India’s Act East Policy in three phases – the first two correspond to a period when both managed to establish an equilibrium and understanding, and when India desired to strike a balance between the US and China. The third phase corresponds to the ascendance of Prime Minister Modi to the Indian political scene – the time when the equilibrium was lost owing to the power shift favoring China, and China’s malevolent relations with India following frequent standoffs resulting in the Doklam and Galwan conflicts. India realigning its Act East Policy and sub-regional and multilateral mechanisms like BIMSTEC, SAGAR, IORA, and Quad, etc., have been pronounced as part and parcel of India’s Act East Policy serving the unstated goals of India’s Indo-Pacific strategy...	ISDP
	Japan’s Historic Moment: Global Challenges Necessitate Policy Evolution, August 2022. As Japan’s power and importance in the regional and international domain continues to grow, this issue brief provides an analysis of the domestic and international threats that are challenging and shaping Japan’s historic moments. The piece asserts that while the assassination of Prime Minister Shinzo Abe showed that Japan is not immune to domestic threats, it is incorrect to connect it to threats to democracy or rule of law. However, challenges such as the Russian invasion of Ukraine, China’s belligerent actions, the growing US-Japan camaraderie, status quo changes in the Taiwan Strait as well as economic challenges such as Japan’s own new form of capitalism highlight that Japan’s national security and defense policy remains filled with symbolism...	ISDP
	Japan in the Indo-Pacific: Investing in Partnerships in South and Southeast Asia, August 2022. Japan's interest in Southeast Asia and Southeast Asia have evolved over time. When Japan opened up to international trade in the Meiji period (1868), its interests revolved around resource acquisition, including natural resources and energy resources. This evolved towards securing sea lanes of communication (SLOCs) to ensure that Japan could get access to the critical natural and energy resources needed to fuel its modernization, growth during its imperial period and post-WW 2 reconstruction. Today, Japan looks at the Indo-Pacific region through the lens of Southeast Asia and South Asia rather than focusing on only securing natural and energy resources...	ISDP
	Belt and Road Initiative: China’s Lending Hands Come with Claws, August 2022. With the economic crisis unfolding in Sri Lanka, there is a renewed interest in better understanding and analyzing the Belt and Road Initiative to prevent nations from both falling under China’s orbit and as a consequence to its “debt-traps”. This issue brief broadens the scope of analysis on the BRI by examining projects in South East Asia that may have greater geo-economic and geo-strategic significance than debt traps or deep sea ports or even power rivalry. While China has taken advantage of the infrastructure deficit in South East Asia as it has in other parts of the world, the old adage, ‘the devil is in the details’ is an appropriate characterization of the BRI in the region. This paper details the cost of roads laid per mile to the significance of special economic zones (SEZ) in the Mekong region in shaping the regional trade architecture.	ISDP
	Chinese Influence Networks in Finland: A Preliminary Case Study, August 2022. China’s activities influencing opinion in the Nordic region have recently gained increasing attention among both scholars and journalists. Although Finland has remained on the sidelines, domestic discussion on China’s activities in Finland has also gained ground, especially after the spring of 2020, when various Finnish media reported on, among other things, the activities of Chinese united front groups in Finland. Preliminary findings suggest that although China’s influence activities in Finland seem rather mild compared to many other countries, their methods and techniques largely fit global patterns. This case study reviews Chinese activities in Finland by focusing on the recent attempts to establish networks of influence and intelligence in various socio-political domains...	ISDP
	Clean-Energy Supply Chains in the Indo-Pacific: Prioritizing the Quad’s Role, August 2022. In recognition of the Indo-Pacific region being vital to the clean-energy transition, the ‘Indo-Pacific Clean Energy Supply Chain Forum’ was hosted in July 2022 by Australia with support from its Quadrilateral Security Dialogue (Quad) partners. The clean-energy transition is expected to gain momentum in the coming years as regional countries race to meet their climate targets and attempt to reduce their energy insecurity by ceasing the import of fossil fuels. However, while this acceleration of the green transition is certainly desirable, the present clean-energy supply chains are not stable enough to facilitate the shift. The transition will only move the region’s dependence on China for energy as a consequence of Beijing’s current near-monopoly over clean-energy supply chains, making them vulnerable to disruptions and weaponization for foreign policy gains...	ISDP
	Quad 4.0? To Securitize or Not to Securitize, August 2022. From an ad-hoc body that emerged to coordinate a response to a devastating tsunami in 2004, the Quad has grown into a critical and formalized framework with a practical agenda. As the grouping has become an important and (in all likelihood) a permanent fixture in the Indo-Pacific region, debates on its nature and character, and where its priorities must lie have also grown. This paper addresses a key point of contention regarding the Quad’s future: Whether the grouping should move toward a rigid security treaty alliance by enhancing its security focus, or whether it should continue on its present trajectory and focus on becoming a public good provider in the region. This paper reflects on the Quad’s evolution thus far and aims to make a case as to why the Quad must cautiously stay removed from a reverting to its initial security focus and instead focus on achieving its vision of becoming a force for good in the region...	ISDP
	Examining the Drivers of Changes in Mean Earning and Earning Inequality in Indonesia, August 2022. This paper examines the main drivers behind changes in mean earning and earning inequality in Indonesia between 2001/2 and 2018. During this period, there was an increase in workers’ education level, average age, job quality, and mean earnings. As more women participate in the labor market and women earn lower wages than men, higher female labor force participation lowered mean earning. For the overall period, the decline in educational returns at all levels of education contributed negatively to earnings. Gini index increased during this period, driven by education distribution effect and spatial location premium effect...	ISEAS
	APEC Regional Trends Analysis, August 2022 Update: Future-Proofing APEC Amid Challenges and Uncertainties, August 2022. The APEC region is expected to significantly moderate in the near term to 2.5 percent in 2022 and 2.6 percent in 2023 following a 5.9 percent rebound in 2021, reflecting sharp downgrades in economic growth for all member economies, in tandem with the rest of the world. Already reeling from a pandemic that is marked with virus mutations, the world is also dealing with soaring inflation, a protracted war in Ukraine and heightened uncertainty...	APEC
	Resiliency in a Post-Pandemic APEC: Approaches to Driving Growth in Digital Services, August 2022. The COVID-19 pandemic has had a devastating impact on global trade; and services is arguably the hardest-hit sector. This is particularly true for services that traditionally have required in-person contact (e.g., professional and tourism services) since changing consumer preferences and government containment measures had made operations challenging during the pandemic. These difficulties prompted people and businesses to adopt new solutions at an unprecedented speed, including digitalizing services delivery...	APEC
	Enhanced APEC Agenda for Structural Reform: Individual Action Plans. July 2022. This report is the collation of the IAPs submitted by APEC member economies as at 4 July 2022. The IAPs in this compilation reflect domestic initiatives of individual APEC member economies and the content of each economy’s IAP has not been endorsed by other economies. Economies are encouraged to continuously update their IAPs as living documents through to 2025. This report may be periodically refreshed to capture new or updated IAPs.	APEC
	Latest ADB Publications: Toward Inclusive Access to Trade Finance: Lessons from the Trade Finance Gaps, Growth, and Jobs Survey, August 2022 Building Regulatory and Supervisory Technology Ecosystems: For Asia’s Financial Stability and Sustainable Development, August 2022 The Hybrid Annuity Model for Public-Private Partnerships in India’s Road Sector: Lessons for Developing Asia, August 2022 Mapping the Public Voice for Development—Natural Language Processing of Social Media Text Data, August 2022 Women’s Resilience in Fiji: How Laws and Policies Promote Gender Equality in Climate Change and Disaster Risk Management, August 2022 Multilateral Development Bank Support for Disaster-Resilient Infrastructure Systems, August 2022 Hybrid and Energy Storage Systems: Review and Recommendations for Pacific Island Projects, August 2022 Beating the Heat: Investing in Pro-Poor Solutions for Urban Resilience, August 2022 Pacific Economic Monitor, August 2022 Road Map Update for Carbon Capture, Utilization, and Storage Demonstration and Deployment in the People's Republic of China, August 2022 Financial Instruments to Strengthen Women’s Economic Resilience to Climate Change and Disaster Risks, August 2022 Addressing Inequality in the People’s Republic of China, July 2022	ADB
	Latest ADBI Working Paper Series: Female Rural–Urban Migrants and Online Marketplaces in Emerging Economies: Evidence from Thailand and Viet Nam, August 2022 Macroeconomic Effects of COVID-19 in a Commodity-Exporting Economy: Evidence from Mongolia, August 2022 Institutional Quality and Macrofinancial Resilience in Asia, August 2022 Impacts of COVID-19 on Households’ Business, Employment and School Education: Evidence from Household Survey in CAREC Countries, August 2022 Global Engagement and Innovation Activities: The Case of Malaysian Manufacturing Firms, August 2022 Foreign Fund Flows and Equity Prices during the COVID-19 Pandemic: Evidence from India, July 2022 Evaluating COVID-19’s Impact on Firm Performance in the CAREC Region Using Night-Time Light Data: Azerbaijan, Georgia, Kazakhstan, and Mongolia, July 2022	ADB
	Latest ADB Working Paper Series: International Business Cycle Synchronization: A Synthetic Assessment, August 2022 Digital Divide Decoded: Can E-Commerce and Remote Workforces Enhance Enterprise Resilience in the COVID-19 Era? August 2022	ADB
	Key Indicators for Asia and the Pacific 2022 (Full Report): Part I: Sustainable Development Goals Part II: Regional Trends and Tables Part III: Global Value Chains Part IV: Harnessing Administrative Data for a More Resilient Data and Statistical Data Key Indicators for Asia and the Pacific covers 49 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, Niue, 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


August, 2022

	India and the Indo-Pacific Economic Framework, July 2022. India’s decision to join the Indo-Pacific Economic Framework (IPEF) may have surprised many who have followed India’s recent record in joining bilateral and multilateral economic arrangements. In 2019, India announced that instead of signing the deal, it would leave the negotiations for the Regional Comprehensive Economic Partnership (RCEP), a fifteen-member trade agreement in the Asia Pacific. In 2020, India and the United States’ effort to sign a bilateral trade and investment agreement stalled. In 2021, the United States and India announced that working towards a free trade agreement was off the table...	EWC
	Taiwan Matters for America Special Series: Scholarly Ties, Cooperative Research, Academic Dialogue, and International Student Exchanges in US‒Taiwan Relations, July 2022 US-Taiwan Relations and the National Security vs. Human Rights Fallacy, July 2022 US Policy Toward Taiwan Should Emphasize Substance, Not Fanfare, July 2022 Taiwan and America: Partners in the Battle for the Cognitive Domain, July 2022 Expanding the Depth and Breadth of the US-Taiwan Technological Partnership via the Semiconductor Ecosystem, July 2022 Taiwan’s Big and Clean Bets: Towards Green Cooperation, July 2022 Resilient Industry Ecochains for the US-Taiwan Partnership, July 2022 Taiwan-US Cooperation in Public Health and Pandemic Containment, July 2022 A Thought Piece for Taiwan Matters for America, July 2022	EWC
	US-Korea Relations: Korean Soft Power Goals and US-Korea Relations, July 2022 US-Korea Cooperation on Climate Change, July 2022 A New Horizon for Korea-US Economic Relations under the Yoon Suk-yeol Administration, July 2022 From Strategic Ambiguity to Strategic Clarity? The Dynamics of South Korea’s Navigation of US-China Competition, July 2022 South Korean Foreign Policy: Changing Generational Priorities, July 2022 US-Korea Military-to-Military Relations: Past, Present, and Future, July 2022	EWC
	Special Series on The Pacific Islands: A Micronesian Perspective on Migration to the United States: Salty Feet Among Fellow People of the Sea, June 2022 Elevating and Engaging Micronesian Expertise in Hawai‘i and Oceania, June 2022 FSM Engagement with the United States and China: A Lesson Learned for the Pacific Islands, June 2022 Understanding the Political Anatomy of the “Forward Edge”: The Case of Guam, June 2022 Clean Energy Transitions in the Pacific Islands Present Opportunities for Strategic US Economic Partnerships, June 2022 The COVID-19 Pandemic in Oceania: Health Policy Decisions Matter, June 2022 US-Japan Development Cooperation for Stability and Prosperity in the Pacific Islands Region, June 2022 No Time to Lose: Renew the Compacts of Free Association, June 2022	EWC
	How to Make Indonesia’s Sovereign Wealth Fund Work, July 2022. Indonesia has finally joined a long list of emerging economies with sovereign wealth funds. Indonesia Investment Authority (INA) was established in 2021 with the task of making long-term investments to support sustainable national development. INA’s immediate role is to purchase attractive assets from infrastructure-related state enterprises, which have built up large debts since the government actively mobilised them in the mid-2010s. Through this process, state enterprises will eventually be able to use the proceeds to strengthen balance sheets and conduct more development projects. Moreover, INA is searching for external co-investors. Since domestic financial resources are limited, foreign investment could contribute to accelerating the implementation of economic projects. While benefiting from co-investors’ large capital pool and know-how, INA, in turn, could help co-investors manage financial, political, and geostrategic risks. Although still at an early stage, talk on co-investment is progressing with diverse financiers...	Lowy
	Japan’s Security Strategy, July 2022. This special report demonstrates the extraordinary proactivity of Japan towards issues of regional order-building, security and defence policy, and military capability development and teases out the implications for Australia as a closely aligned partner. The author collates and presents a wide range of disparate official source documentation and thematic analyses to render an appraisal of Japan’s security strategy in a comprehensive but digestible format. The report concludes that, while Japanese activity in the security sphere has been unprecedented and prolific, Canberra must also be aware of certain limitations in terms of resources, and political caveats to Japan becoming a ‘normal country’ or bona fide ‘great power’. Canberra, too, must be a creative, practical policymaker if the full benefits of the deepening special strategic partnership with Japan are to contribute to a truly free and open Indo-Pacific.	ASPI
	North of 26 Degrees South and the Security of Australia: Views From the Strategist, Volume 5, July 2022. The Northern Australia Strategic Policy Centre’s latest report is a series of articles published in The Strategist over the last six months, building on previous volumes by identifying critical intersections of national security, nation-building and Australia’s north. This issue, like previous volumes, includes a wide range of articles sourced from a diverse pool of expert contributors writing on topics as varied as biosecurity, infrastructure, critical communications, cyber-resilience, maritime infrastructure, foreign investment, space, and Indigenous knowledge-sharing. It also features a foreword by ASPI’s new Executive Director, Justin Bassi. The 19 articles propose concrete, real-world actions for policy-makers to facilitate the development, prosperity and security of Australia’s north. The authors share a sense that those things that make the north unique – its vast space, low population density, specific geography, and harsh investment environment – are characteristics that can be leveraged, not disadvantages.	ASPI
	Trends in Southeast Asia 2022 #12: The Halal Project in Indonesia: Shariatization, Minority Rights and Commodification. Discussions on halal are not newly invented in the context of Indonesia only since the formalization of the halal issue in the 1990s. The matter has been recognized since the coming of Islam to the archipelago. As with other religions such as Judaism, Islam also has regulations on the lawfulness and the unlawfulness of consuming and producing goods, which are classified as halal (permissible) and haram (impermissible or forbidden). In addition, halal and haram are considered important distinctions in Islam. Because halal and haram have doctrinal positions in Islam, all Muslims are committed to upholding that difference in their daily life. Other than taking part in mandatory prayers, Muslims are regulated in what is permissible and impermissible in eating, drinking and other behaviours. Those who do not obey are categorized as sinful Muslims...	ISEAS
	Trends in Southeast Asia 2022 #11: Justifying Digital Repression via “Fighting Fake News” - A Study of Four Southeast Asian Autocracies. In mainland Southeast Asia, the governments of Cambodia, Myanmar, Thailand and Vietnam have been using the pretext of curbing “fake news” to control digital space. The phenomenon of “fake news” gained international traction in light of, among other things, the 2016 US elections and Brexit, in which false online information contributed to the rise of hate speech and extremism, political divides and the eroding of democracy. While these concerns are legitimate and have led to the implementation of various regulatory measures and content moderation policies, political leaders, especially autocratic ones, have found it useful to make policy responses to “fake news” as a means to stifle critics. This weaponizing of “fake news” allegations has served to tighten the regimes’ grip on information to the detriment of a healthy information environment...	ISEAS
	Russian Foreign Policy under Putin: What Does it Mean for India? July 2022. The special and privileged strategic partnership between India and Russia has been under renewed scrutiny since the latter launched an invasion of Ukraine in February 2022. New Delhi has continued to carry out a fine balancing act in maintaining its engagement with Moscow while also managing close ties with its Western partners. Driven by national interests and geostrategic calculations, bilateral ties have remained strong despite a sense of stagnation in recent years. What factors account for this development, what are the opportunities and challenges, and how have Russian foreign policy decisions impacted its relationship with India? This issue brief traces the history of Indo-Russia ties in the 21st century to answer these questions and understand their current trajectory amidst the ongoing war.	ISDP
	India’s Act East Policy: Finding Opportunities in Post-Pandemic Adversities, July 2022. India’s Act East Policy has fallen short of its promised potential due to factors like China’s increasing influence in the region, rising tensions between India and China, and India’s withdrawal from the RCEP. Since the end of 2019, the COVID-19 pandemic has damaged economies, disrupted supply chains, interrupted services, and led to many more challenges. Despite such issues, the pandemic triggered a new urgency to re-imagine the cooperation and explore new avenues of collaboration under the Act East Policy. This issue brief discusses the new areas of cooperation – in health, digitalization, and the green economy – with India’s eastern neighbors.	ISDP
	China in Sri Lanka and Solomon Islands: Role of Littorals in the Geopolitical Competition, July 2022. This issue brief discusses the growing Chinese sphere of influence in Sri Lanka and Solomon Islands, its impact on the region and on the regional powers, India and Australia. The Rajapaksa regime in Sri Lanka and Sogavare administration in Solomon Islands face significant geostrategic competition where security agreements and multiple infrastructure projects are carried out in the littorals by extra-regional powers. Both regimes faced public protest, and are seen as fragile democracies where Chinese maneuvers are visible. China is making inroads using the Belt and Road Initiative (BRI) to expand into Sri Lanka’s regional provinces. How do Sri Lanka and Solomon Islands threaten their immediate regional power? How can the Indo-Pacific Economic Framework (IPEF)/Quad help vulnerable nations to realign with a rules-based order? What is the role of littorals in the security balance?	ISDP
	Asian Development Outlook (ADO) 2022 Supplement: Recovery Faces Diverse Challenges. This Supplement revises the growth forecasts for developing Asia from 5.2% to 4.6% for 2022 and from 5.3% to 5.2% for 2023, reflecting worsened economic prospects because of COVID-19 lockdowns in the People’s Republic of China (PRC), more aggressive monetary tightening in advanced economies, and fallout from Russia’s protracted invasion of Ukraine. The inflation forecast for developing Asia is revised up, from 3.7% to 4.2% for 2022 and from 3.1% to 3.5% for 2023, amid higher fuel and food prices. Inflation pressures in the region are, however, less than elsewhere in the world...	ADB
	Trade Interdependencies in COVID-19-Related Essential Medical Goods: Role of Trade Facilitation and Cooperation for the Asian Economies, July 2022. This paper empirically investigates the state of trade interdependency for coronavirus disease (COVID-19) essential medical goods—vaccines and their value chains, personal protective equipment, and diagnostic test kits—across 29 Asia and the Pacific economies. Expanding on Hayakawa and Imai (2022), the analysis investigates whether trade facilitation, proxied by membership in regional trade agreements (RTAs), can help mitigate any adverse impact on trade in essential medical goods...	ADB
	Latest ADBI Working Paper Series: Promoting Green Buildings: Barriers, Solutions, and Policies, July 2022 An Empirical Evidence and Proposal on the Spillover Effects of Information and Communication Technology Infrastructure in India, July 2022 Exploiting Complementarity of Carbon Pricing Instruments for Low-Carbon Development in the People’s Republic of China, June 2022	ADB
	Latest ADB Publications: The Rise of Asia: Perspectives and Beyond, Published 2022 The Story of Lanka Electricity Company, July 2022 How to Recover Learning Losses from COVID-19 School Closures in Asia and the Pacific, July 2022 Sea-Level Change in the Pacific Islands Region: A Review of Evidence to Inform Asian Development Bank Guidance on Selecting Sea-Level Projections for Climate Risk and Adaptation Assessments, July 2022 Economic Insights from Input–Output Tables for Asia and the Pacific, July 2022 Practical Responses to Real Problems: Eight Poverty Reduction Cases from the Asian Development Bank, Volume 2, July 2022 Viet Nam’s Ecosystem for Technology Startups, July 2022 Monitoring and Evaluation of ADB’s Climate Change Operational Framework 2017–2030, July 2022 Blue Economy and Blue Finance: Toward Sustainable Development and Ocean Governance, Published 2022 Long-Term Care for Older People in Viet Nam: The Current Scenario, and Next Steps Toward a Healthy, Aging Population, July 2022	ADB
	Latest APEC publications: Energy Efficiency Policy Workshop on PREE 11: Energy Efficiency Project Financing, July 2022 Innovative Approaches for Scaling-up Renewable Energy Deployment in APEC Region, July 2022 APEC Workshop on Practices and Promotion of Circular Agriculture, July 2022 APEC Digital Economy and Innovative Entrepreneurship Online Forum: Enhancing Inclusive Participation and Digital Upskilling for Youths, July 2022 Low-Carbon Hydrogen International Standard – Post-Workshop Report, July 2022 APEC Workshop on Promoting Social Enterprises for Inclusive Growth, July 2022 Training Package on Caregiver Digital Upskilling, July 2022	APEC


July, 2022

	Philippine Perspectives on the 75th Anniversary of US-Philippines Bilateral Relations, June 2022: Examining Philippine-US Cooperation Amid the Covid-19 Pandemic: Setting a Broader Agenda for Educating Filipino Children and Youth Consolidation, Contestation, and Convergence: Revisiting American Influence on the Development of Philippine Social Sciences The Complex History of US-Philippine Health Partnerships The Philippines-US Development Partnership Running Out of Gas in the Philippines: A Boon or Bane? A Proverbial Shot in the Arm: US Investment Is Key to Boost Philippine Economic Recovery and Resilience Philippine-United States Trade Relations: Looking Back and a Way Forward US-Philippine Defense Cooperation for Maritime Security Challenges and Gains in Military Relations between the Philippines and the United States 75 Years of Philippines-US Relations: From Strategic Partnership to Multifaceted Relationship	EWC
	The Australian Defence Force and Its Future Energy Requirements, June 2022. The global energy system is undergoing a rapid and enduring shift with inescapable implications for militaries, including the ADF. Electrification and the use of alternative liquid fuels are occurring at scale across the civilian economies. Despite that, fossil fuels, such as diesel and jet fuel, will be around for a long time to come, given their use in long-lived systems like air warfare destroyers, Lockheed Martin’s F-35 aircraft, M1A2 Abrams tanks, and in capabilities still in the design stage but planned to enter service beginning in the mid-2030s such as the Hunter-class frigates. Australian supply of these fuels is provided by globally sourced crude oil flowing through a handful of East and Southeast Asian refineries. Supply arrangements for these critical commodities are likely to become more fraught, however. This is already occurring because of the fracturing of global supply chains and the drive for national resilience in many nations, driven by Covid-19, the return of coercive state power and, of course, Putin’s war in Ukraine. Australia’s dependence on imports for liquid-fuel security, at least as it pertains to the ADF, extends well beyond insufficient reserves and refineries...	ASPI
	Countering the Hydra: A Proposal for an Indo-Pacific Hybrid Threat Centre, June 2022. Enabled by digital technologies and fuelled by geopolitical competition, hybrid threats in the Indo-Pacific are increasing in breadth, application and intensity. Hybrid threats are a mix of military, non-military, covert and overt activities by state and non-state actors that occur below the line of conventional warfare. The consequences for individual nations include weakened institutions, disrupted social systems and economies, and greater vulnerability to coercion—especially from revisionist powers such as China. But the consequences of increased hybrid activity in the Indo-Pacific reach well beyond individual nations. The Indo-Pacific hosts a wide variety of political systems and interests, with multiple centres of influence, multiple points of tension and an increasingly belligerent authoritarian power. It lacks the regional institutions and practised behaviours to help ensure ongoing security and stability. And, because of its position as a critical centre of global economic and social dynamism, instability in the Indo-Pacific, whether through or triggered by hybrid threats, has global ramifications...	ASPI
	Ukraine-Russia War: A Prelude to a Post-Western International Order? June 2022. This Issue Brief analyzes how the collective action of developed countries in response to Russia’s invasion of Ukraine has demonstrated just how dominant the so-called “Western” international order is. Instead of a post-Western international order emerging, the developed countries’ response to Russia’s invasion of Ukraine and concerns about China’s revisionist track record, reveals how so-called Western international order is adapting to outcompete and be resilient against revisionist states that chose to use military or other means to revise international order in their favor.	ISDP
	Rethinking Greater Central Asia: New American and Western Approaches to Continental Trade and Afghanistan, June 2022. Greater Central Asia is reeling from the twin shocks of the U.S. withdrawal from Afghanistan and Vladimir Putin’s invasion of Ukraine. The chaotic U.S. withdrawal risks postponing indefinitely Central Asian efforts to escape the region’s key geography-induced challenge – its landlocked status – as the prospect of building direct links to the world seas through that country now seem bleak. Russia’s aggressive behavior in Ukraine suggests it could be poised to assert itself in Central Asia as well, benefiting from Central Asia’s inability to connect directly to the world economy. These events, to which China’s growing role in the region should be added, suggest that U.S. and EU approaches to the region – governed through relatively recent strategy documents – must be rethought. The Afghan government formed in 2002 had worked with international funders and partners to reopen the ancient corridors to the South and to transform them into modern roads and railroads supplemented with pipelines for the east-west shipment of gas and north-south power lines for transmitting electricity...	ISDP
	Political and Economic Reforms in Kazakhstan Under President Tokayev, November 2021. Kazakhstan’s leaders have long harbored ambitious visions for their country’s future. The country’s first President, Nursultan Nazarbayev, launched several far-reaching goals for the country’s development, most notably in 2012 the “Kazakhstan 2050” strategy, which aimed for Kazakhstan to take a place among the world’s 30 most developed states by mid-century. For a young country in the third decade of its independence, such lofty goals clearly required far-reaching reforms. Still, Kazakhstan’s leadership focused primarily on reforming the country’s economy. While acknowledging the need for political reforms, the leadership explicitly followed a strategy that prioritized the economy. President Nazarbayev on numerous occasions stated that “we say: the economy first, then politics.” But major shifts in the global political economy in the past decade forced a revision to this strategy. By 2015, it had become clear that a focus on economics alone would not be sufficient for Kazakhstan to reach its stated goals...	ISDP
	After the India-US Civil Nuclear Agreement: Assessing India’s Responsible Nuclear Status in Global Governance, June 2022. India has maintained a historical opposition to joining the Treaty on the Non-Proliferation of Nuclear Weapons (NPT) and the Comprehensive Test Ban Treaty (CTBT), in arguing that both treaties create an unfair hierarchical system in global governance. However, in spite of contesting these norms that govern nuclear practices, India has been successful in gaining de facto recognition from the United States through a bilateral signing of the 123 Agreement. While examining this paradox, this paper argues that even with the rendered de facto recognition, India’s nuclear identity remains far from being normalized...	ISDP
	Kazakhstan’s June Referendum: Accelerating Reform, May 2022. The violence of January 2022 exposed both the demand for greater change in Kazakhstan’s society, as well as elite conflicts involving influential forces seeking to block President Kassym-Jomart Tokayev’s reform initiatives. As President Tokayev emerged from the crisis with greater authority over the country’s governing institutions, he fast-tracked a political reform package planned for later in the year, and submitted it to a nationwide referendum scheduled for June 5. The changes envisaged accelerate the pace of reform in the country, but remain within the fundamental paradigm of top-led gradual change to the system that has been Tokayev’s intention since his election in 2019. Conditions for their implementation will not be easy, given a difficult economic and geopolitical environment. Still, these reforms represent a shift: while earlier reforms sought to build participatory and competitive politics only very slowly at the local level, the current reform package envisages a gradual liberalization of the political system at all levels in order for the system to maintain its legitimacy.	ISDP
	Trends in Southeast Asia 2022 #10: Muslim Sectarianism versus the De-escalation of Sectarianism in Malaysia. In 1992, a group of academics from the National University of Malaysia (UKM) organized a seminar titled “Seminar Ahli Sunnah dan Syiah Imamiyyah” (“Seminar on Ahl al-Sunnah and Imami Shi’ism”) in Kuala Lumpur. The two-day event arguably aimed to demonize the Shi’a sect and its adherents, as evident from the content of the presentations which will be discussed below. Among the various presenters was Wan Zahidi Wan Teh (1992, pp. 1–34), a lecturer from the Department of Shariah who presented a paper on “Ahlul Bait Menurut Pandangan Sunnah dan Syiah” (“The Prophet’s Household According to Sunnis and Shi’as”). After a lengthy explanation of his own understanding of the Ahlul Bait, he argued that Shi’as should not have the right to talk about the Ahlul Bait, and he dismissed them as a movement founded by Jews. He then quoted the founder of Wahhabism, Imam Muhammad bin Abdul Wahhab, and referred to Shi’as as apostates (ibid., p. 30). Proclaiming himself as adefender of Islam, he concluded that the goal of Shi’as in Malaysia...	ISEAS
	Attitudes towards Work and Workplace Arrangements Amidst COVID-19 in Singapore, April 2022. This paper presents the attitudes and perceptions of Singaporeans towards work and workplace arrangements amidst the global COVID-19 pandemic. It also examines their work experiences, beliefs and aspirations, as well as their well-being during this period. The pandemic has pushed both employers and employees to consider new ways of work. While many employers, prior to the COVID-19 pandemic, have been slow in initiating flexible working arrangements, the pandemic has accelerated the adoption of such practices. Indeed, the world’s biggest experiment on remote working has proven that employees generally remain productive even when they are not on-site. A major draw of flexible working arrangements has been its potential to allow greater work-life harmony. For working parents, especially females who typically carry a heavier caregiving burden, flexible working arrangements has allowed them to work while taking care of their children. It has also given more opportunities for men, who otherwise would have been confined to the office, to better share in domestic work...	IPS
	Precarity in Platform Work: A Study of Private-Hire Car Drivers and Food Delivery Rider, February 2022. Since 2019, aided by a Social Science Research Council Thematic Grant, researchers from the Institute of Policy Studies began research to understand the experiences of platform workers, specifically the experiences of private-hire car (PHC) drivers and delivery riders. This research was complemented by a collaboration with technology super-app Gojek which started in January 2021 and ended in April 2021. While planned before the COVID-19 pandemic and extended well into the current times, the studies were conducted against the backdrop of increasing economic and social uncertainty and work precarity; conditions that have existed before the pandemic but further amplified since then. We were interested in areas such as the profile of these workers, the reasons for their joining and/or leaving (if at all) platform work, financial and physical health, job protections and precarity, future job prospects and to discover other job-related insights to obtain a better appreciation of these workers, as well as their contexts. This working paper reflects our ongoing work in this area...	IPS
	Latest ADBI Working Paper Series: Monetary Stance and Favorableness of Monetary Policy in the Media: The Case of Viet Nam, June 2022 Women Online: A Study of Common Service Centers in India Using a Capability Approach, June 2022 The Impact of Sending Top College Graduates to Rural Primary Schools, June 2022 The Cold Economy, June 2022 Technology Spillover and Absorptive Capacity of Firms and Countries, June 2022 Is Hiring Foreign Worth It? Spillover from Foreign Firms’ Human Capital and Local Firms’ Productivity, June 2022 Simultaneity and Heterogeneity in Import and Productivity: Case Study of Indonesian Manufacturing, June 2022 Mobile-Assisted Language Teaching: A Systematic Review with Implications for Southeast Asia, June 2022 Harnessing Foreign Technology to Improve Firm Performance: Evidence from Philippine Manufacturing Enterprises, June 2022 Recent Developments in Basic Education in Thailand: Issues and Challenges, June 2022	ADB
	Latest ADB Working Paper Series: Developing Asia’s Fiscal Landscape and Challenges, June 2022 Quantile Debt Fan Charts, June 2022 The Path to Kina Convertibility: An Analysis of Papua New Guinea’s Foreign Exchange Market, June 2022 The Distributional Impacts of Fiscal Policy: The Case of the Philippines, June 2022 Impact Evaluation of Support to Collective Action for Agricultural Value Chain Development in Nepal, June 2022	ADB
	Latest ADB Publications: Cambodia’s Ecosystem for Technology Startups, June 2022 Singapore’s Ecosystem for Technology Startups and Lessons for Its Neighbors, June 2022 The Asia–Pacific Road Safety Observatory’s Indicators for Member Countries, June 2022 Asia Bond Monitor, June 2022 Labor Market Conditions for Health and Elderly Care Workers in the People’s Republic of China, June 2022 Creative Economy 2030: Imagining and Delivering a Robust, Creative, Inclusive, and Sustainable Recovery, June 2022 Green Bond Market Survey for Thailand: Insights on the Perspectives of Institutional Investors and Underwriters, June 2022 Recent Technological Advances in Financial Market Infrastructure in ASEAN+3: Cross-Border Settlement Infrastructure Forum, June 2022 Women’s Resilience in the Lao People's Democratic Republic: How Laws and Policies Promote Gender Equality in Climate change and Disaster Risk Management, June 2022 Women’s Resilience in Mongolia: How Laws and Policies Promote Gender Equality in Climate change and Disaster Risk Management, June 2022 Promoting Local Currency Sustainable Finance in ASEAN+3, June 2022 Leveraging Fintech to Expand Digital Health in Indonesia, the Philippines, and Singapore: Lessons for Asia and the Pacific, June 2022 WTO Accession and Post-Accession Trade Policy by Selected Transition Economies in the Caucasus and Central Asia, June 2022 Regional Flyway Initiative: Investing in the East Asian–Australasian Flyway for Nature and People, June 2022	ADB
	Latest APEC publications: Promote Supply Chain Connectivity by Enhancing and Better Understanding Digital Innovation in APEC Port Industry, June 2022 Best Practices and Recommended Policies for Optimising the Plastic Supply Chain in Southeast and East Asia, June 2022 Project Report: APEC Sustainable Coastal Cities Symposium 2021, June 2022 Individual Action Plan for the Enhancement of the Ratio of Women's Representation in Leadership: Final Review Study and Online Workshop, June 2022 Final Report on Capacity Building for Digital Innovation Using Blockchain Technology, June 2022 APEC Cross-Domain Innovation Ecosystem Guidebook: A New Growth Path for SMEs through Digital Platforms, June 2022 Learning Workshop in Artificial Intelligence: Experiences of APEC Economies, June 2022 Study on Transparency of Technical Barriers to Trade Notifications in the APEC Region, June 2022 The Future of Women at Work: Empowering Women’s Role in the Transition Era of Automation, June 2022 Sustainable Materials Management of Food in the APEC Region: A Review of Public Policies That Support Reducing Food Loss and Waste, June 2022 PPFS Webinar on Sharing Best Practices on Digitalization and Innovation of APEC Food System, June 2022 Capacity Building on Testing and Conformity Assessment of Fine Bubble Technologies for Use in Agro-/Aqua-Culture and Water Treatment in APEC Region, June 2022 Follow-Up Peer Review on Energy Efficiency in Indonesia, June 2022 Research Outcomes: Summary of Research Projects 2021	APEC


June, 2022

	China's Military Advances Make Case for Strategic Stability Talks, May 2022. China has long sought to distinguish its nuclear posture and force structure from those of Russia and the United States. However, its recent military advances and shifts in arsenal size, mating posture, alert status, dual-capable systems, and machine learning and autonomy demonstrate an ever-growing degree of convergence with these two countries. While introducing the potential for arms races or crises, these developments also increase the impetus for strategic stability dialogues. Unlike arms control negotiations, which tend to concentrate on limits to weapons development and numbers, strategic stability dialogues are broader and focus on weapons employment and escalation. Though past efforts to engage in such talks have met with challenges, the appeal of strategic stability talks may be growing.	EWC
	NATO’s Asia-Pacific Partners & Their Ukraine Response: Why Global Partnerships Matter for America, May 2022. The North Atlantic Treaty Organization (NATO) is traditionally thought of as a military alliance between 28 European member states and 2 North American member states (Canada and the United States). However, NATO has been stepping up engagement with its four “Asia-Pacific partners” (Japan, South Korea, Australia, and New Zealand) since December 2020, when these four countries participated for the first time in a NATO Foreign Ministerial Meeting. But these four countries have been involved with NATO as “partners across the globe” for decades — Japan since the early 1990s, South Korea and Australia since 2005, and New Zealand since 2001...	EWC
	Turning Point? Putin, Xi, and the Russian Invasion of Ukraine, May 2022. At their Beijing summit in February 2022, Chinese President Xi Jinping and Russian President Vladimir Putin proclaimed a “friendship without limits”. Yet Putin’s invasion of Ukraine, and the Chinese response to it, has exposed the limitations of the Sino–Russian partnership. Far from being an “axis of authoritarians”, this is a traditional great power relationship centred in strategic calculus. Chinese and Russian interests diverge in key respects, and the war has highlighted contrasting visions of global order and disorder. Xi Jinping has attempted to steer a “neutral” course that preserves the partnership with Russia while protecting China’s global interests. This balancing act will become harder to sustain as the war in Ukraine drags on. Beijing’s default position is still to lean towards Moscow. For both sides, the partnership is too important to fail. But over time, its quality will erode. As China and Russia follow different trajectories of development, the commonalities between them will become fewer. The relationship will become increasingly unequal and dysfunctional, and be defined principally by its constraints...	Lowy
	China’s Messaging on the Ukraine Conflict, May 2022. In the early days of Russia’s invasion of Ukraine, social media posts by Chinese diplomats on US platforms almost exclusively blamed the US, NATO and the West for the conflict. Chinese diplomats amplified Russian disinformation about US biological weapon labs in Ukraine, linking this narrative with conspiracy theories about the origins of COVID-19. Chinese state media mirrored these narratives, as well as replicating the Kremlin’s language describing the invasion as a ‘special military operation’. ASPI found that China’s diplomatic messaging was distributed in multiple languages, with its framing tailored to different regions. In the early stage of the conflict, tweets about Ukraine by Chinese diplomats performed better than unrelated content, particularly when the content attacked or blamed the West. ASPI’s research suggests that, in terms of its international facing propaganda, the Russia–Ukraine conflict initially offered the party-state’s international-facing propaganda system an opportunity to reassert enduring preoccupations that the Chinese Communist Party perceives as fundamental to its political security...	ASPI
	The Transnational Element of a ‘Domestic’ Problem: Policy Solutions to Countering Right-Wing Violent Extremism in Australia, May 2022. The rise of right-wing violent extremist (RWE) ideas bursts to the forefront of public attention in flashes of violence. Shootings and vehicular attacks perpetrated by individuals motivated by hateful views stun the public. They have also sharpened government attention to and galvanised action on addressing such violence. These incidents of violence and these disturbing trends call for renewed vigilance in confronting RWE, which ASIO has since classified as ‘ideologically motivated violent extremism’ (IMVE), in Australia’s security agencies’ policy and law enforcement responses. As governments respond to IMVE, it is important to nuance how they conceptualise the challenges posed by RWE and, therefore, scope their solutions...	ASPI
	AUKUS Update #1: May 2022. On the 16th of September 2021, the leaders of Australia, the UK and the US announced the creation of a new trilateral security partnership called ‘AUKUS’—Australia, the United Kingdom and the United States. The three national leaders stated, ‘We will foster deeper integration of security and defense-related science, technology, industrial bases, and supply chains. And in particular, we will significantly deepen cooperation on a range of security and defense capabilities.’ At a time of rapidly increasing strategic uncertainty, when it’s increasingly clear that authoritarian regimes are willing to use military power to achieve their goals, it’s important to monitor the implementation of AUKUS so that governments and the public can assess whether it’s achieving the goal of accelerating the fielding of crucial military technologies...	ASPI
	Understanding the Price of Military Equipment, May 2022. Confusion reigns in discussions about the cost of the Department of Defence’s equipment projects. Whether we’re talking about media articles, parliamentary committee hearings, letters to the editor, duelling internet commentators or any other forms of discourse that address Defence acquisitions, the only thing that’s clear is that we’re almost always talking past each other when it comes to the cost of military equipment. Defence doesn’t help when it releases only a bare minimum of information. This sorry state of affairs reached its peak several years ago, when it turned out that when Defence said that the cost of the Attack-class submarine was $50 billion it really meant that the cost was somewhere around $90 billion. The situation gets even murkier when commentators compare the cost of military acquisition projects here in Australia with ones overseas. It’s very rare that we can make a direct, apples-to-apples comparison between local and overseas projects, and very often it’s more like apples-to-orangutans. Being completely unaware of the basis of the costs they’re comparing doesn’t stop some commentators from making strong claims about the rapacity of foreign arms companies or the competence of the Australian Defence Department...	ASPI
	India and the Persian Gulf: Bilateralism, Regional Security and the China Factor, May 2022. This issue brief discusses how regional security in the Persian Gulf is vital for the international oil and gas market, and maritime security in the western Indian Ocean. For India, the region is additionally significant for the presence of its large expatriate population in the GCC and as an “extended neighborhood.” For three decades, India’s policy towards the Gulf and wider West Asia/Middle East region has been marked by bilateralism within the broader framework of a multi-aligned foreign policy. India eschews taking sides in regional disputes as it can harm its primary interests pertaining to trade, commerce, business, security and defense cooperation. However, the developments in the Indo-Pacific, deterioration of Sino Indian relations, the expansion of China threat perception to western Indian Ocean, and the convergence on the China factor with the US and European countries is pushing India to recalibrate its regional approach as noticeable from three recent events.	ISDP
	South Korea’s Foreign Policy in Changing Times: Reversing Course? May 2022. The tragedy currently unfolding in Ukraine may be a symptom of new dynamics in global geopolitics. The changing balance of power epitomized by the rise of China and the shrinking American interest and resolve in asserting its traditional global role has emboldened Putin’s ambition to restore the past glory of the Russian empire. The same dynamics have also made geopolitics acuter in East Asia, from which South Korea can never be free. The COVID-19 pandemic since 2020 has only accelerated the competitive nature of international power dynamics. Faced with the broader shift in world order, how will South Korea’s foreign policy under the new government unfold? This policy brief attempts to explain the main objectives of the incoming government’s foreign policy and how these might be implemented. In so doing, it evaluates the new government’s view of the past five years of South Korean foreign policy under outgoing President Moon Jae-in – a policy which it seeks in part to reverse.	ISDP
	Trends in Southeast Asia 2022 #9: Financial Technology Adoption in Greater Jakarta: Patterns, Constraints and Enablers. The COVID-19 pandemic has arguably accelerated changes in consumer behaviour, leading to more people performing economic activities online. One important change is the adoption of fintech as a preferred transaction and payment method. This trend is driven by a significant proportion of the unbanked population and the lower-income segment in urban areas. New fintech start-ups such as ShopeePay (E-wallet), Shopee Paylater (Buy Now Pay Later or BNPL) and Kredivo (Online Lending Service) and Bibit (Mutual Fund Invesment) have all introduced innovative ways to offer online financial services in Indonesia’s rapidly growing digital economy. Fintech enterprises offering E-wallet, BNPL, Online Lending...	ISEAS
	Trends in Southeast Asia 2022 #8: Understanding and Reducing Methane Emissions in Southeast Asia. The Global Methane Pledge was ratified at the end of 2021. While intense discussion of its significance dominated the climate discourse in North America and Europe, the reception of the Pledge in Southeast Asia was lukewarm. This paper aims to help the policy community understand four major aspects concerning methane emissions: basic science, global ambition, regional trends, and sector challenges. In 1990, the Intergovernmental Panel on Climate Change (IPCC) published its First Assessment Report, in which scientists stated with certainty that human-caused greenhouse gases were accumulating in the atmosphere. One of these significant gases was methane. Since then, global methane emissions have increased by 17.4 per cent, reaching 8.3 billion tCO2e in 2018...	ISEAS
	Monetary Authority of Singapore: Macroeconomic Review, Volume XXI, Issue 1, April 2022 (Full Report): Monetary Policy Statement Chapter 1: The International Economy Chapter 2: The Singapore Economy Chapter 3: Labour Market and Inflation Box A Revisiting the 1970s Inflation Shocks Chapter 4: Macroeconomic Policy Special Feature A Invoicing Currency in Singapore’s Merchandise Imports Special Feature B Macroeconomic Modelling at MAS Special Feature C The Roles of Central Banks — Evolution, or Demand and Supply?	MAS
	Latest APEC publications: APEC Regional Trends Analysis, May 2022: Tackling Trade Costs and Facilitating Supply Chain Networks; Sustainable Recovery amid Uncertainty, May 2022 Study on Tariffs: Analysis of the RCEP Tariff Liberalization Schedules, May 2022 The FDI Network, Global Value Chain Participation and Economic Upgrading, May 2022 Lessons from the COVID-19 Pandemic: A Renewed Agenda for the Free Trade Area of the Asia-Pacific, May 2022	APEC
	Latest ADB Working Paper Series: A Simple Model of Internal and External Balance for Resource-Rich Developing Countries, May 2022 COVID-19 Lockdown Policy and Heterogeneous Responses of Urban Mobility: Evidence from the Philippines, May 2022 Impacts of Social Distancing Policy and Vaccination During the COVID-19 Pandemic in the Republic of Korea, May 2022 Potential Economic Impact of COVID-19-Related School Closures, May 2022 Buoyant or Sinking? Tax Revenue Performance and Prospects in Developing Asia, May 2022	ADB
	Latest ADBI Working Paper Series: Spillovers from US Monetary Shocks: Role of Policy Drivers and Cyclical Conditions, May 2022 Bilateral Remittance Inflows to Asia and the Pacific: Countercyclicality and Motivations to Remit, May 2022 How Do the Financial Markets Respond to Emerging Economies’ Asset Purchase Program? May 2022 Renewable Energy Certificates Trading in India: A Decade in Review, May 2022 Impacts of COVID-19 on Households in ASEAN Countries and Their Implications for Human Capital Development: Medium-Run Impacts and the Role of Government Support, May 2022 Health Shocks and Overindebtedness: A Panel Data Analysis from Rural Viet Nam, May 2022	ADB
	Latest ADB Publications: Making Urban Power Distribution Systems Climate-Resilient, May 2022 Climate Change Risk Profile of the Mountain Region in Sri Lanka, May 2022 Labor Migration in Asia: COVID-19 Impacts, Challenges, and Policy Responses, May 2022 National Single Window: Guidance Note, May 2022 A Comparative Analysis of Tax Administration in Asia and the Pacific: Fifth Edition, Published 2022 Harnessing the Potential of Big Data in Post-Pandemic Southeast Asia, May 2022 Strengthening Domestic Resource Mobilization in Southeast Asia, May 2022 Supporting Post-COVID-19 Economic Recovery in Southeast Asia, May 2022 Implementing a Green Recovery in Southeast Asia, May 2022 Foundational (K-12) Education System: Navigating 21st Century Challenges, May 2022 Launching a Digital Tax Administration Transformation: What You Need to Know, May 2022 The Regional Comprehensive Economic Partnership Agreement: A New Paradigm in Asian Regional Cooperation? May 2022 Policy Measures to Foster Growth in the People's Republic of China (Observations and Suggestions, April 2022	ADB


May, 2022

	High Frequency Macroeconomic Forecasts Current Quarter Model: 2022Q2, April 2022. Underpinned by vibrant consumer confidence and employment condition, Hong Kong economy experienced a robust growth of 6.4% in 2021. However, tight social distancing measures brought by COVID- 19 Omicron variant eroded Hong Kong’s output growth in 22Q1. Consumer sentiment was heavily dampened with retail sales volume dropping by 17.6% in February 2022. Hong Kong’s real GDP is estimated to drop by 2.9% in 22Q1, reflecting the impact of the disruption from the epidemic. The unemployment rate climbed to 5.0% in 22Q1 from 3.9% in 21Q4. As the relaxation of infection-control measures comes into effect, unemployment rate is expected to go down to 4.4% in 22Q2. With the Omicron epidemic still unfolding in various cities in Mainland China, Hong Kong’s economic growth is expected to be mild. Hong Kong’s real GDP is forecast to grow by 0.9% in 22Q2. Despite a challenging global environment due to the coronavirus and war in Ukraine, the Hong Kong economy is expected to manage a mild growth of 1.6% to 2.6% in the year 2022 as a whole...	HKU
	Tesla Goes to China, April 2022. Over the past decade, Tesla has been one of the most successful American companies in the US’s electric vehicle (EV) industry. Not satisfied with dominating the US market, the company turned in 2014 to China to expand its vehicle sales. There, Tesla entered a market with a mix of privately owned companies, joint ventures, and state-owned manufacturers, all operating since 2009 with government support. Indeed, in China, as it did in the United States, Tesla has benefitted greatly from both central and local government subsidies to EV manufacturers and customers. In 2020, China was reported to be the fastest growing market for Tesla, whose new manufacturing base in Shanghai made its vehicles more cost competitive. With China’s government mandating that by 2030, 40 percent of all vehicle sales should be EVs, the future seems bright. But challenges include planned changes in government-supported incentives.	EWC
	Being Chinese in Australia Poll, April 2022. Australia is home to more than 1.2 million Chinese-Australians, some 5% of the Australian population, many of whom report being uniquely affected by the country’s fraught relationship with China, the foreign interference debate and the Covid-19 pandemic. The second Lowy Institute’s Being Chinese in Australia poll, published a year since the first survey, is based on fieldwork carried out in late 2021. It reveals that many Chinese-Australians continue to face discrimination and negative treatment in Australia. One in three respondents reports having been treated differently or less favourably in 2021 because of their Chinese heritage. Most Chinese-Australians identify strongly with both countries and cultures. The vast majority take pride in the Australian way of life and culture, though this sentiment is down from 2020. Similarly, affinities with China have also dropped...	Lowy
	Charting Their Own Course - How Indonesians See The World, April 2022. With Indonesia seeking to play a larger role on the global stage, and many outside powers hoping to woo Southeast Asia’s largest country, there is a pressing need to better understand how its people see the world and themselves in a changing international environment. The Indonesia Poll 2021 — Charting their own course, conducted a decade after the Lowy Institute’s last poll in the country, is based on fieldwork carried out in December 2021. The survey consists of a nationally representative sample of some 3000 Indonesians aged 17 to 65 across 33 provinces of Indonesia. The polling results reveal that the citizens of the world’s third most populous democracy are optimistic about the future but wary of the great powers that are seeking to court them. They are increasingly sceptical about China, and particularly of Chinese investment, but neither are they overly enthusiastic about the United States...	Lowy
	Building Genuine Trust: A Framework and Strategy for Indigenous Stem and Cyber Pathways, April 2022. Indigenous recruitment and retention in the Australian Defence organisation is defined by a high target of 5% participation in the armed services and 3% in the Australian Public Service component of the Defence Department by 2025. The participation target is a point of pride and a source of clear goodwill and has provided momentum in several areas of Defence for Indigenous employment and pathways. However, the individual areas of success and effort are yet to translate into an effective whole-of-Defence framework with cohesive lines of effort. This policy report suggests how that can change. It provides a framework and strategy for Defence to support science, technology, engineering and mathematics (STEM) recruitment and retention and cybersecurity careers, particularly through engagement with the vocational education and training system and through targeted relationship building with university- and school-based Indigenous STEM initiatives...	ASPI
	The Hunter Frigate: An Assessment, April 2022. Powerful and survivable large surface combatants, in numbers commensurate with the expected threat and national budgetary limitations, remain central in the order of battle of any navy of a middle-power such as Australia, but they need to be fit for purpose. Australia’s government policy has acknowledged deteriorating geostrategic circumstances since 2009, culminating in its 2020 Strategic Update where we are not left in any doubt of the concern over China’s intentions and a stretched United States. The warships Australia acquires should be suitable for the circumstances it finds itself in...	ASPI
	Artificial Intelligence: Your Questions Answered, April 2022. This collection of short papers developed by the Australian Institute for Machine Learning (AIML) at the University of Adelaide and the Australian Strategic Policy Institute (ASPI) offers a refreshing primer into the world of artificial intelligence and the opportunities and risks this technology presents to Australia. AI’s potential role in enhancing Australia’s defence capabilities, strengthening alliances and deterring those who would seek to harm our interests was significantly enhanced as a result of the September 2021 announcement of the AUKUS partnership between the US, the UK and Australia. Perhaps not surprisingly, much public attention on AUKUS has focused on developing a plan ‘identifying the optimal pathway to deliver at least eight nuclear-powered submarines for Australia’...	ASPI
	Artificial Intelligence and Policing in Australia, April 2022. Ability and capacity to screen, analyse and render insights from the ever-increasing volume of data—and to do so in accordance with the constraints on access to and use of personal information within our democratic system. Artificial intelligence (AI) and machine learning are presenting valuable solutions to the public and private sectors for screening big and live data. AI is also commonly considered and marketed as a solution that removes human bias, although AI algorithms and dataset creation can also perpetuate human bias and so aren’t value or error free. This report analyses limitations, both technical and implementation...	ASPI
	VAMPIRE VAMPIRE VAMPIRE: The PLA’s Anti-ship Cruise Missile Threat to Australian and Allied Naval Operations, April 2022. This report examines anti-ship cruise missiles (ASCM) possessed by the People’s Liberation Army (PLA), which is China’s armed forces, and the serious threat posed to Australian and allied naval forces operating in the Indo-Pacific region. The PLA has spent over 20 years preparing to fight and win wars against technologically advanced adversaries, such as the United States and its allies. PLA preparations have included long-term investments in various capabilities that would be needed to facilitate and sustain ASCM strike operations, even whilst under heavy attack from technologically advanced powers...	ASPI
	A Case for Elevating the Cyber–Maritime Security Nexus, March 2022. The Indo-Pacific strategic concepts promulgated by Japan (reaffirmed in 2016), the US (2017), Australia (2017), India (2018), Germany (2020), the Netherlands (2020), the EU (2021), France (reaffirmed in 2021), the UK (2021) and others demonstrate the region’s geostrategic significance. While the various concepts differ significantly in scope, essence and strategy, they share one commonality: the idea of connected oceans in which Southeast Asian nations sit at the heart and form the epicentre of great-power competition that has come to define the Indo-Pacific. The region has become a ‘crowded space’ as the long-term and newer actors increase various engagement initiatives...	ASPI
	ASEAN’s Newer Member Countries in Two Financial Crises: Impact, Response and Lessons, April 2022. ASEAN has been through two major financial crises in the last quarter century: the 1997-98 Asian Financial Crisis (AFC) and the 2008-09 Global Financial Crisis (GFC). Although there is a voluminous literature covering the original five members, it has largely ignored the newer members – Brunei Darussalam, Cambodia, Lao PDR, Myanmar and Vietnam (BCLMV). For the first time, a systematic analysis of the experience of the newer members of ASEAN relating to the AFC and the GFC focusing on impact, policy response and lessons is provided. Their participation in regional financial cooperation initiatives in helping prevent or mitigate the impact of future crises, and how these initiatives need to be enhanced to better serve them is also considered.	ISEAS
	Latest APEC publications: Stepping Outside the Shadows: Informality and Digitalisation, April 2022 Implementation within the APEC Region, February 2022 Improving Transparency of Pre-packaged Food Packaging and Labelling Laws, Regulations and Best Practices: Conference and Compendium, April 2022 Tourism Access and Inclusion: Best Practice Guidelines for Tourism MSMEs in APEC, April 2022 Explore New-Normal Model of Trade Promotion in the Post Pandemic Era, April 2022 APEC Capacity Building Workshop on Restructuring Women-Led SMEs in Textile and Garment Industry in the New Era, April 2022 Stocktake of APEC Online Dispute Resolution Technologies, April 2022 Policy Recommendations: Digital Permitting and E-Government Measures to Advance the Post-COVID-19 Economic Recovery, April 2022 APEC Workshop on University Collaboration to Support Data Gathering and Analysis in Energy Efficiency and Renewable Energy, April 2022 Public-Private Dialogue on Status, Trends, Opportunities and Threats of Social Networks, April 2022 Workshop on Implementing the APEC ODR Collaborative Framework, March 2022 Analysis and Pathway for Paperless Trade Report, March 2022 APEC Seafarers Excellence Network (APEC SEN) On-board Training to Foster Competent Young Future Maritime Global Leaders, March 2022 The Role of Integrated Distribution System Planning in Maximizing Resiliency in the APEC Region, April 2022 Training Package: Gender Power in Online Marketing, March 2022	APEC
	Latest ADB Working Paper Series: Domestic and External Monetary Policy Shocks and Economic Inequality in the Republic of Korea, April 2022 Women’s Mobility and Labor Supply: Experimental Evidence from Pakistan, April 2022	ADB
	Latest ADB Publications: ADB Annual Report 2021: Toward a Green and Inclusive Recovery ADB Financial Report 2021: Management’s Discussion and Analysis and Annual Financial Statements Asia Small and Medium-Sized Enterprise Monitor 2021: Volume II—How Asia’s Small Businesses Survived A Year into the COVID-19 Pandemic: Survey Evidence, April 2022 Asia Small and Medium-Sized Enterprise Monitor 2021: Volume IV—Pilot SME Development Index: Applying Probabilistic Principal Component Analysis, April 2022 Asia Small and Medium-Sized Enterprise Monitor 2021: Volume III—Digitalizing Microfinance in Bangladesh: Findings from the Baseline Survey, April 2022 An Analysis of the Product-Specific Rules of Origin of the Regional Comprehensive Economic Partnership, April 2022 Basic Statistics 2022 Disaster-Resilient Infrastructure: Unlocking Opportunities for Asia and the Pacific, April 2022 Strengthening Environmental, Social, and Governance Investment under COVID-19, April 2022 Modernizing Local Government Taxation in Indonesia, April 2022 CAREC 2030 Development Effectiveness Review (2017–2020), April 2022 Compound Risk Analysis of Natural Hazards and Infectious Disease Outbreaks, April 2022	ADB
	Asian Development Outlook 2022: Mobilizing Taxes for Development, Full Report, Highlights, Special Topic and Theme Chapter. This report outlines economic prospects in developing Asia amid global turbulence and lingering pandemic risks. It discusses the implications of school closures and the invasion of Ukraine, and explores mobilizing taxes for development. Developing Asia’s outlook remains positive, with growth of 5.2% expected in 2022 and 5.3% in 2023. Downside risks include spillover from geopolitical tensions, such as via higher-than-expected commodity prices. The Russian invasion of Ukraine has upended the global economic outlook and greatly amplified uncertainty for a world economy still contending with COVID-19. Aggressive monetary policy tightening in the United States could lead to financial instability. In the medium term, scarring from the pandemic poses significant risks, including learning losses from continued school closures that could worsen economic inequality...	ADB


April, 2022

	US Southeast Asia Policy: Towards A Balance of Commitment Approach, March 2022. US commitment to Southeast Asia since the end of the Vietnam War has been subject to a series of ebbs, flows and imbalances, with policymakers struggling to sustain increased and calibrated commitment to the region as evidenced by the growing securitization of US policy in the post-September 11 period or the under resourcing of components of the US pivot to Asia in the post-2007-2008 Global Financial Crisis period. A balance of commitment approach in US Southeast Asia policy can help policymakers be more attentive to both the interrelationships between power, threats and resources shaping decisions in the US domestic political system and the careful calibrations of components in commitment level and distribution in Southeast Asia required to sustain an expanded, balanced approach that serves US interests and meets regional needs...	EWC
	Revising Down the Rise of China, March 2022. The future of China’s ongoing global rise is of great importance to both China and the rest of the world. Predicting long-term economic performance is inherently difficult and open to debate. Nonetheless, we show that substantial long-term growth deceleration is the likely future for China given the legacy effects of its uniquely draconian past population policies, reliance on investment-driven growth, and slowing productivity growth. Even assuming continued broad policy success, our projections suggest growth will slow sharply to roughly 3% a year by 2030 and 2–3% a year on average over the three decades to 2050. Growing faster, up to say 5% a year to 2050, is notionally possible given China remains well below the global productivity frontier. However, we also show that the prospect of doing so is well beyond China’s track record in delivering productivity-enhancing reform, and therefore well beyond its likely trajectory. China also faces considerable downside risks. Our projections imply...	Lowy
	Understanding Global Disinformation and Information Operations: Insights From Aspi’s New Analytic Website, March 2022. ASPI’s Information Operations and Disinformation team has analysed each of the data sets in Twitter’s Information Operations archive to provide a longitudinal analysis of how each state’s willingness, capability and intent has evolved over time. Our analysis demonstrates that there is a proliferation of state actors willing to deploy information operations targeting their own domestic populations, as well as those of their adversaries. We find that Russia, Iran, Saudi Arabia, China and Venezuela are the most prolific perpetrators. By making these complex data sets available in accessible form ASPI is broadening meaningful engagement on the challenge of state actor information operations and disinformation campaigns for policymakers, civil society and the international research community	ASPI
	Taking the Low Road: China’s Influence in Australian States and Territories, February 2022. In November 2020 a Chinese official passed a list of 14 grievances to Australian journalists, highlighting what Beijing regarded as missteps in the Australian government’s relations with China. A striking feature of the list is that many concern Australian Government attempts to limit Chinese engagement with the states and territories, or state-based institutions such as universities. Why did state and territory relations with China concern Canberra? This study explores the changing nature of China’s engagement with Australian states and territories, local governments, city councils, universities, research organisations and non-government organisations, all nested in Australian civil society. What emerges is the astonishing breadth and depth of China’s engagement, much of it the welcome outcome of Australia’s economic and people-to-people engagement with China over many decades...	ASPI
	Russian Federation and China: Cooperation under the Belt and Road Initiative, March 2022. This Issue Brief looks at six Sino-Russian projects that have been placed under the rubric of the Belt and Road Initiative (BRI). Since, at the political level, China is rather flexible in defining what counts as a BRI project and both Russian and Chinese media follow such flexibility, there is a need for analysts to have a clearer picture of what projects are exactly being counted under the BRI. This Issue Brief shows that three of them — Yamal LNG, Asinovskiy Timber Industry Park, and the Belkomur — actually date back to before the birth of the BRI and were rebranded as BRI projects. The other three projects, namely the MGP Power of Siberia-1, Nizhneleninskoe-Tongjiang Railway Bridge, and the Moscow-Kazan Expressway, were created after the BRI came into being in 2013.	ISDP
	Trends in Southeast Asia 2022 #7: Cyber Troops, Online Manipulation of Public Opinion and Co-optation of Indonesia’s Cybersphere. As the world’s third-largest democracy, Indonesia was once touted as a role model for democratization in Southeast Asia, especially after the reformist Joko Widodo (known as “Jokowi”) was elected president in 2014. However, recent studies show that Indonesia is becoming a “defective democracy”, following a series of “democratic setbacks” since the second half of Jokowi’s first term in office. A process of democratic regression has been deepening since,4 if not undergoing an all-out “authoritarian turn”. As Larry Diamond states, one of the key signs of democratic regression is a substantial decline of civil liberties. This has been apparent in Indonesia. In its 2020 Democracy Index, the Economist Intelligence Unit ranked Indonesia’s civil liberties among the worst in ASEAN (below Malaysia, the Philippines, Singapore and Thailand). Similarly, the International Institute for Democracy and Electoral Assistance found that the deterioration of civic space indicates democratic backsliding in Indonesia. As Wijayanto argues, a clear indicator of that are growing threats to media freedom...	ISEAS
	MAS Survey of Professional Forecasters, March 2022. The Mar 2022 Survey was sent out on 17 Feb 2022 to a total of 26 economists and analysts who closely monitor the Singapore economy. This report reflects the views received from 23 respondents (a response rate of 88.5%) and does not represent MAS’ views or forecasts. All responses were received after the outbreak of hostilities in Ukraine on 24 Feb. The Singapore economy expanded by 6.1% in Q4 2021 compared with the same period last year. This was higher than the respondents’ forecast of 4.6% in the previous survey. In the current survey, the respondents expect the economy to grow by 3.7% year-on-year in Q1 2022...	MAS
	Latest APEC publications: APEC Workshop on Evaluating Energy Technologies, Programs and Policies, February 2022 APEC Gender-Mainstreaming Training Package: Mentor's Handbook, Published 2022 APEC Gender-Mainstreaming Training Package: Mentee's Handbook, Published 2022 APEC Guiding Principles for Research Integrity, Published 2022 Integrated Water Resources Management (IWRM): Best Practices, Norms and their Implementation within the APEC Region, February 2022 Unpaid Care and Domestic Work: Counting the Costs, March 2022 Final Report on 2021 APEC Workshop on the Potential for Use of Alternative Dispute Resolution (ADR) in the Field of IPR, March 2022 Summary Report of APEC Economies’ Digital Policy Measures to Combat COVID-19, March 2022 Reducing Food Loss and Waste along the Food Value Chain in APEC during and post-COVID-19 Pandemic, March 2022 APEC Best Practices on Developing Services-related Statistics in Mode 3, March 2022 Empowering Change: APEC’s Web-based Gender Analysis Tool, March 2022 Digital Advertising Guide: Recommendations on Advertising Standards in the Digital Economy, March 2022 APEC Capacity Building Workshop on RTA/FTA Negotiation Skills on Transparency, March 2022 Competition Law and Regulation in Digital Markets, March 2022 The Principles on Women Builders Creating Inclusive Future, Published 2022 APEC Women Builders Creating Inclusive Future, Published 2022 Enhancing Implementation of APEC Connectivity Blueprint in the Digital Era: Digital Connectivity for Stronger Recovery, March 2022 Handbook on Developing Community-Based Entrepreneurship (CBE) in Rural Tourism through Digital Empowerment, Published 2022	APEC
	Latest ADB Publications: Mitigating Energy Shortages in the People’s Republic of China, March 2022 Taxation of Robots, Published 2022 Provincial Facilitation for Investment and Trade Index: Measuring Economic Governance for Business Development in the Lao People’s Democratic Republic, March 2022 Provincial Facilitation for Investment and Trade Index: Gender Analysis for Measuring Economic Governance for Business Development in the Lao People’s Democratic Republic, March 2022 ADB Southeast Asia Innovation Hub: Catalyzing Green and Innovative Finance, March 2022 Building Forward Together: Towards an Inclusive and Resilient Asia and the Pacific, Published 2022 COVID-19 and the Future of Tourism in Asia and the Pacific, March 2022 COVID-19 and Economic Recovery Potential in the CAREC Region, Published 2022 Good Practice Guidance for the Management and Control of Asbestos: Protecting Workplaces and Communities from Asbestos Exposure Risks, March 2022 From Pandemic to Greater Resilience: Enhancing Disaster Risk Financing in the People’s Republic of China, March 2022 E-commerce in CAREC Countries: Infrastructure Development, March 2022 Fintech Policy Tool Kit for Regulators and Policy Makers in Asia and the Pacific, March 2022 Air Quality in Asia: Why Is It Important, and What Can We Do? Published 2022 Southeast Asia Rising from the Pandemic, March 2022 Digitalizing H2O: Digitalizing for Water Security and Resilience in Asia and the Pacific, Published 2022 Addressing Nutrition Security in Urban India tAddressing Nutrition Security in Urban India through Multisectoral Action, February 2020	ADB
	Latest ADBI Working Paper Series: Informal Micro, Small, and Medium-Sized Enterprises and Digitalization: Evidence from Surveys in Indonesia, March 2022 Groundwater Quality in the Endemic Areas of Chronic Kidney Disease of Unknown Etiology in Sri Lanka and Its Treatment by Community-Based Reverse Osmosis Water Treatment Plants, March 2022 Tracking International Aid Projects for Ocean Conservation and Climate Action, March 2022 Offshore Wind Energy as an Emergent Ocean Infrastructure in India: Mapping of the Social and Environmental Impacts, March 2022	ADB
	Latest ADB Working Paper Series: The Effect of COVID-19 on Foreign Direct Investment, March 2022 On the Use of Satellite-Based Vehicle Flows Data to Assess Local Economic Activity: The Case of Philippine Cities, March 2022 Real Exchange Rate Misalignment and Business Cycle Fluctuations in Asia and the Pacific, March 2022 A Case for Value-Added Exports in the Estimation of Export Diversification in Asia and the Pacific, March 2022	ADB
	Asian Development Review, Vol. 39, No. 1, 2022 (Full Report): Mini Symposium on Demographic Change and Human Capital in Asia A Cross-Country Comparison of Old-Age Financial Readiness in Asian Countries versus the United States: The Case of Japan and the Republic of Korea Educational Gradients in Disability among Asia’s Future Elderly: Projections for the Republic of Korea and Singapore Cognitive Functioning among Older Adults in Japan and Other Selected Asian Countries: In Search of a Better Way to Remeasure Population Aging Demographic Change, Economic Growth, and Old-Age Economic Security: Asia and the World Trends in Employment and Wages of Female and Male Workers in India: A Task-Content-of-Occupations Approach Disability and Intrahousehold Investment Decisions in Education: Empirical Evidence from Bangladesh The Social Costs of Success: The Impact of World Trade Organization Rules on Insulin Prices in Bangladesh upon Graduation from Least Developed Country Status Institutions and the Rate of Return on Cattle: Evidence from Bangladesh Impacts of Fuel Subsidy Rationalization on Sectoral Output and Employment in Malaysia	ADB
	Asian Development Review, Vol. 38, No. 2, 2021 (Full Report): The ADB COVID-19 Policy Database: A Guide to Understanding Changes in Sectoral Balances and Private Sector Financial Positions in 2020 On the Two Catching-Up Mechanisms in Asian Development Gender Differences in Access to Health Care among the Elderly: Evidence from Southeast Asia Discouraged Worker Effect and Labor Market Behavior of Urban Married Women Enabling an Innovation Ecosystem and Participation at the Higher End of Global Value Chains Investigating ASEAN’s Participation in Global Value Chains: Production Fragmentation and Regional Integration The Relationship between Product Complexity and Exchange Rate Elasticities: Evidence from the People’s Republic of China’s Manufacturing Industries Long-Term Dynamics of Poverty Transitions in India Constructing a Coincident Economic Indicator for India: How Well Does It Track Gross Domestic Product? Policy-Driven Boom and Bust in the Housing Market: Evidence from Mongolia	ADB
	Asia Bond Monitor, March 2022. Monetary stances in emerging East Asia remain largely accommodative. While the improving economic performance and rising inflation in advanced economies has led to adjustments in their monetary policies, most central banks in emerging East Asia maintained accommodative monetary policies, even as some regional markets, such as the Republic of Korea and Singapore, tightened their monetary stances due to inflationary pressure. Ample liquidity supported regional financial conditions during the review period from 30 November 2021 to 9 March 2022, with some weakening signs related to the United States (US) Federal Reserve’s tapering and its signaling of monetary tightening, and the Russian Federation’s (Russia) invasion of Ukraine...	ADB


March, 2022

	The Geopolitics of Climate and Security in the Indo-Pacific, February 2022. Climate change is much more than an environmental crisis—it’s a systemic crisis that will transform the geopolitical landscape. And the consequences for the Indo-Pacific, already the most exposed region in the world to climate hazards and home to the world’s fastest growing populations, economies and geopolitical rivalries, will be profound. In this volume, leading experts explore the impacts of this rapidly emerging climate threat on regional systems by interrogating a 1.5°C 2035 climate change scenario developed by the ASPI Climate and Security Policy Centre. The chapters here attempt to understand the unpredictable effects of climate change on the region’s already fragile human systems, from great-power competition and militaries, governance and politics, food and water insecurity, and ethnic separatism, to energy and trade systems, sovereign risk and digital disinformation...	ASPI
	The Future of Assistance to Law Enforcement in an End-To-End Encrypted World, February 2022. Domestic telecommunications companies assist law enforcement by the lawful interception of otherwise private communications when presented with a valid warrant. This has been a powerful tool to combat crime. In the 2019–20 financial year, for example, 3,677 new warrants for telecommunications interception were issued, and information gained through interception warrants was used in 2,685 arrests, 5,219 prosecutions and 2,652 convictions. That was in the context of 43,189 custodial sentences in the same year. But law enforcement and security officials assert that the usefulness of ‘exceptional access’, as it’s called in this paper, has declined over time as strong encryption has become increasingly common...	ASPI
	Meeting Antarctica’s Diplomatic Challenges: Joint Approaches for Australia and the United States, February 2022. This report describes current security and environmental policy challenges related to Antarctica and proposes options for Australia and the United States to address them. It assesses the current and potential future actions of strategic competitors like China and Russia, and proposes policy responses. It suggests ways in which the US and Australian governments can work more closely to protect and promote the Antarctic Treaty System (ATS), advancing support for an approach to governance that the two nations have felt for decades is in their respective national interests. This requires both countries (as well as others) to make a clear-eyed assessment of current and future fault lines and move more quickly to address political and environmental challenges that have implications well beyond Antarctica. In particular, this involves determining when it’s necessary to counter the ambitions of strategic competitors, such as China and Russia, in the Antarctic context, and when cooperation may be the more appropriate objective...	ASPI
	Taking the Low Road: China’s Influence in Australian States and Territories, February 2022. In November 2020 a Chinese official passed a list of 14 grievances to Australian journalists, highlighting what Beijing regarded as missteps in the Australian government’s relations with China. A striking feature of the list is that many concern Australian Government attempts to limit Chinese engagement with the states and territories, or state-based institutions such as universities. Why did state and territory relations with China concern Canberra? This study explores the changing nature of China’s engagement with Australian states and territories, local governments, city councils, universities, research organisations and non-government organisations, all nested in Australian civil society. What emerges is the astonishing breadth and depth of China’s engagement, much of it the welcome outcome of Australia’s economic and people-to-people engagement with China over many decades. But it’s equally apparent that China has made covert attempts to influence some politicians and overt attempts to engage states, territories and key institutions in ways that challenge federal government prerogatives and have brought the two levels of government into sharp public dispute...	ASPI
	The Costs of Discounted Diplomacy, February 2022. This report outlines how and why Australia has under-appreciated diplomacy and under-invested in diplomatic capability—and why things should change. The prominence of deterrence, alliances and border controls in Australian security thinking has pushed diplomacy into the shadows. Over the last twenty years, Australian governments, sensibly, have invested massively in defence, intelligence and border control. Over the same period, though, the operating budget for DFAT’s foreign policy and diplomatic work, has been cut by 9 per cent. In a more contested and multipolar international environment, lightweight diplomacy reflects lightweight thinking. Australia will be safer, richer, better regarded and more self-respecting if our diplomatic influence is enlarged, not if it remains stunted...	ASPI
	Digital Southeast Asia, February 2022. Covid-19 and the subsequent public-health responses have disrupted social and economic lives across the globe. Fiscal support measures may have alleviated the initial fallout in some places, but one of the bigger shocks has been the accelerated adoption and integration of and reliance on digital technologies. While this is a positive contribution towards digital development, it has also accentuated the already large gap between those able to adopt digital technologies and those without sufficient means to do so. For the many fragile democracies in the Indo-Pacific, this is creating conditions that could undermine democratic resilience. A central question for these democratic governments is how to drive accelerating digital transformation and ICT-enabled growth towards poverty reduction, sustainable economic growth and building social cohesion while maintaining resilience to cybersecurity threats...	ASPI
	Agenda for Change 2022: Shaping a Different Future for Our Nation, February 2022. In line with previous Agenda for Change publications from 2016 and 2019, this piece is being released in anticipation of a federal election as a guide for the next government within its first months and over the full term. Our 2022 agenda acknowledges that an economically prosperous and socially cohesive Australia is a secure and resilient Australia. ASPI’s Agenda for change 2019: strategic choices for the next government did, to a great extent, imagine a number of those challenges, including in Peter Jennings’ chapter on ‘The big strategic issues’. But a lot has changed since 2019. It was hard to imagine the dislocating impacts of the Black Summer fires, Covid-19 in 2020 and then the Delta and Omicron strains in 2021, trade coercion from an increasingly hostile China, or the increasingly uncertain security environment. Fast forward to today and that also applies to the policies and programs we need to position us in a more uncertain and increasingly dangerous world...	ASPI
	Big Data and National Security: A Guide for Australian Policymakers, February 2022. Big data has created a complex new information and infrastructure landscape. Big tech companies that have capitalised on its three core features — data abundance, digital connectivity, and ubiquitous technology — are the new oligarchies and are increasingly controlling the capabilities essential for a functioning society. Big data has profound impacts on society. It enables everything from access to knowledge and global communication, to delivery of services and infrastructure. However, big data is exacerbating existing national security threats and creating new and unpredictable ones. It can be weaponised for war, providing information dominance and kinetic targeting capability. Big data has the capacity to enable or eliminate the barriers of entry for surveillance and oppression. It drives information warfare as well as social and political interference...	Lowy
	Drug Trafficking in the Pacific Islands: The Impact of Transnational Crime, February 2022. Transnational crime[1] — specifically drug production and trafficking — is one of the most serious security issues facing the Pacific Islands region. Methamphetamine, heroin, and cocaine trafficking is on the rise. The Pacific Islands have become a production site and trafficking destination as well as trafficking thoroughfare, and indigenous/local crime syndicates now work in partnership with transnational crime syndicates. The criminal deportee policies of Australia, the United States, and New Zealand are contributing to the problem, as is the Covid-19 pandemic, by exacerbating the vulnerabilities on which transnational organisations and local crime actors capitalise. The Pacific and its partners have responded by strengthening regional policing architecture and governance through enhanced law enforcement mechanisms, but challenges remain as the illicit drug trade adapts and takes root in the region.	Lowy
	Collective Self-Defense Against Authoritarianism: Lessons for EU, February 2022. Economic coercion and disinformation have been a clear factor in Europe’s ties with both China and Russia. They are part of the reactionary policy used by authoritarian regimes to undermine liberal democracies and strengthen their influence. China’s sanctions on European countries and Russia’s pressure on Ukraine and other former Soviet territories present serious threats to Europe. The boycott of Lithuanian goods by China following Lithuania’s decision to allow a representative office under the name of Taiwan instead of Chinese Taipei demonstrated the severe impact that China can have on the EU Single Market...	ISDP
	What Will Be the India-ROK Trajectory Post 2022 Presidential Elections? February 2022. As Moon Jae-in moves towards the end of his presidency, his legacy in the foreign policy domain consists most prominently of his administration’s New Southern Policy (NSP) Plus, which comes as a strategy to bolster ties with ASEAN and India as a way to shift the peace dynamics in the region and sustain peace and stability in the Korean Peninsula. Since 2018, India and South Korea have seen great momentum in both defense and economic domains. With a change in guard in the Blue House, this paper looks at how the NSP and India-South Korea ties will fare under the new leadership...	ISDP
	Between Bandits and Bureaucrats: 30 Years of Parliamentary Development in Kyrgyzstan, January 2022. In 2010, Kyrgyzstan took a decisive step towards establishing a parliamentary form of government. A decade later, the parliamentary experiment had, at least for the time being, come to an end; in January 2021, the Kyrgyz electorate approved the return to a presidential form of government, and in May 2021, a new presidentialist constitution was adopted. To understand, the role and powers of Kyrgyzstan’s parliament, unparalleled in the Central Asian region as well as in most other post-Soviet countries, this study details the evolution of this particular political institution over the past 30 years...	ISDP
	Future Defence Policy Regarding the Emergence of New Military Technology Threats, January 2022. The ability to combine technological advancements with new policies and doctrines is vital for national security. Being able to organize, equip, train, and deploy forces to effectively deal with new challenges requires more than simply introducing new high-tech equipment into existing structures. In the current security environment, innovations ranging from artificial intelligence, to increasingly sophisticated autonomous drones, to space-based weapon system are forcing planners and analysts to constantly reevaluate their calculations. This report was written on behalf of the Korea’s Association for International Security and Cooperation (AISAC) and first presented at the International Seminar on “New Security Threats and International Peace Cooperation”, in Seoul on Oct 14. 2021.	ISDP
	North Korea and the Role of Science Diplomacy, January 2022. This study analyzes education, science, and technology initiatives as a potential bridge toward peace on the Korean Peninsula by asking what the potential impact of education and science in diplomacy with North Korea is and what problems these initiatives face. Science diplomacy with North Korea has been on the rise since the country began to open itself to the international community in the mid-1990s, despite periodic tensions and sanctions limiting such activities in more recent years. This paper explores the main facets of science diplomacy (educational exchanges, knowledge transfer, information, and technology provisions) as a potential entry point, perhaps less sensitive to political vagaries, to start joint projects and foster relations between South Korea and the U.S. with North Korea.	ISDP
	Trends in Southeast Asia 2022 #6: Religious Extremism in Major Campuses in Indonesia. Religious extremism among university students remains a cause for concern for Indonesian government officials, including President Joko Widodo. The president spoke publicly at least twice on the threat of religiously extremist groups that target university students for recruitment. On 13 September 2021, during a meeting with the Indonesian Rectors’ Council, the president reminded university rectors to remain vigilant against individuals or groups that introduce and inculcate extremist ideas among students...	ISEAS
	Trends in Southeast Asia 2022 #5: A Study of Vietnam’s Control over Online Anti-state Content. The authorities in Vietnam have never ceased to fret over “toxic content” (nội dung xấu độc) on the Internet; and indeed the definition of “toxic content” has shifted over the years. In the 1990s, “toxic content” was mostly associated with pornography. In December 1996, for example, in order to convince the authorities to allow for the arrival of the Internet in Vietnam, its advocates reportedly had to prove to Vietnam’s top leaders that pornographic websites could be effectively blocked...	ISEAS
	Trends in Southeast Asia 2022 #4: “Building a Sailboat in a Storm”: The Evolution of COVAX in 2021 and Its Impact on Supplies to Southeast Asia’s Six Lower-Income Economies. As it became increasingly evident that vaccines would be central to the recovery from the global pandemic, the COVID-19 Vaccines Global Access (COVAX) Facility was created to ensure equitable access to COVID-19 vaccines, especially for poorer countries. However, the erratic and delayed COVAX shipments in the first half of 2021 led to doubts about the Facility’s ability to fulfil its pledge of securing and delivering 2 billion doses by the end of the year. In June, the Malaysian vaccine minister Khairy Jamaluddin derided it as an “abysmal failure”...	ISEAS
	Latest APEC publications: APEC Outcomes and Outlook 2021/2022 2021 APEC Virtual Forum on Improving Cross-Border Effectiveness of Personal Data Breach Notification Systems, February 2022 APEC Compendium of Best Practices: Mainstreaming Voluntary Sustainability Standards (VSS) to Trade in the APEC Region, February 2022 Capacity Building Workshop on Improving the Utilization of APEC Business Travel Card, February 2022 APEC Stocktake of Carbon Pricing Initiatives, Published 2022 APEC Workshop on Catalysing the Growth of Inclusive and Sustainable Start-up Ecosystems, February 2022 APEC Food Safety Risk Communication Framework and Associated Guidelines, Published 2022 APEC Regional Trends Analysis, February 2022 Update: Multiple Headwinds Derail Recovery, February 2022 Empowering Telehealth Solutions in APEC: Study on the Policy Landscape for Telehealth in the APEC Region, December 2021 Women’s Leadership in the Digital Era: Agility, Adaptability and Fluency, January 2022 APEC Workshop on Community-based Waste to Energy Management, January 2022 Accommodating Disruptive Technology into RE&EE Policies for Energy Security, January 2022 APEC Disaster Risk Management Strategies to Support MSMEs Business Sustainability, January 2022 APEC Workshop on Achieving Business Sustainability for Clean Energy Start-ups, January 202221 APEC Risk Management Guide for MSMEs, January 2022 APEC Workshop on the Use of Pumped Storage Hydropower to Enable Greater Renewable Energy Use and Reliable Electricity Supply, January 2022	APEC
	Latest ADBI Working Paper Series: The People's Republic of China's Digital Yuan: Its Environment, Design, and Implications, February 2022 COVID-19, Fintech, and the Recovery of Micro, Small, and Medium-sized Enterprises: Evidence from Bangladesh, January 2022 Impact of Energy Innovation on Greenhouse Gas Emissions: Moderation of Regional Integration and Social Inequality in Asian Economies, January 2022 Nonbank Finance and Monetary Policy Transmission in Asia, January 2022	ADB
	Latest ADB Working Paper Series: Gravity-Based Tools for Assessing the Impact of Tariff Changes, February 2022 Heterogeneous Effect of Uncertainty on Corporate Investment: Evidence from Listed Firms in the Republic of Korea, February 2022 Measuring Localization in the Age of Economic Globalization, February 2022	ADB
	Latest ADB Publications: Inclusive Cities—Urban Area Guidelines, February 2022 Nature-Based Solutions for Flood Risk Management: Revitalizing Philippine Rivers to Boost Climate Resilience and Enhance Environmental Stability, Published 2022 Prospects for Transitioning from a Linear to Circular Economy in Developing Asia, Published 2022 Special Economic Zones in the Indonesia–Malaysia–Thailand Growth Triangle: Opportunities for Collaboration, February 2022 Asian Economic Integration Report 2022: Advancing Digital Services Trade in Asia and the Pacific, February 2022 The Role of the Private Sector in Pakistan’s School Education, February 2022 Access Challenges to Education in Pakistan, February 2022 Supporting Lagging Students and Learning for All: Applying the Diagnose-and-Supplement System of Basic Skills in the Republic of Korea, February 2022 COVID-19 and Overseas Filipino Workers: Return Migration and Reintegration into the Home Country—the Philippine Case, February 2022 Economic Corridor Development in Pakistan: Concept, Framework, and Case Studies, February 2022	ADB


February, 2022

	China and COVID-19: Alienation and Its Discontents, January 2022. China’s responses to COVID-19 reveal an evolving dynamic of (a) containment and control; (b) limited disclosure; and (c) escalating resistance. These stand against a background of historical grievance against the West and alienation from the international health policy community exemplified by the United States and its European allies with whom China has ongoing disputes over trade, human rights, and security. China’s COVID-19 response involves reaction to conflicting WHO themes of modernization and colonialization that both invite and inhibit participation by developing countries. Proclaiming support for modernization in medical training, equipment, and services, the PRC has also emphasized the role of Chinese Traditional Medicine, while resisting WHO calls for disclosure of raw data, lab records, and case files. China’s posture will require a measure of accommodation in global efforts to contain the pandemic and prepare for future outbreaks, combined with renewed efforts to improve cooperation and transparency.	EWC
	US-South Korea and the Philippines: Towards a Trilateral Security Initiative, January 2022. It is possible for the United States (US), the Republic of Korea (South Korea), and the Republic of the Philippines (the Philippines) to pursue increased trilateral security cooperation as the three countries seek to respond to a more uncertain strategic environment in the Indo-Pacific region. History and more recent developments offer insights into the possibilities for such trilateral security cooperation. The three states and their respective relationships converged during the Korean War. During this conflict, all three fought for the principles of democracy centered on freedom and peaceful coexistence. The battle of Yultong is evidence that the three states can face a common aggressor. Although wartime cooperation did not result in a trilateral security agreement, there are signs that the countries’ relationships with each other have matured since the Korean War...	EWC
	China’s Dilemmas in Bailing Out Debt-Ridden Sri Lanka, January 2022. To mark the 65th anniversary of bilateral diplomatic relations, Chinese Foreign Minister Wang Yi met with President Gotabaya Rajapaksa in Sri Lanka on 10 January 2022. The meeting occurred amidst the rapid global transmission of the Omicron virus, talk of Sri Lanka defaulting on its foreign debt repayments, and an economic slowdown in China. Whether China will bail out debt-ridden Sri Lanka or Sri Lanka should seek IMF assistance are pressing policy questions. Sri Lanka had visible macroeconomic imbalances before the Covid-19 pandemic, as indicated by slowing growth, considerable fiscal and balance of payments deficits, and high external debt. The pandemic and strict containment measures caused an unprecedented economic contraction with negative growth of -3.6% in 2020...	EWC
	US-ROK Cooperation Can Improve IP Protection in Southeast Asia by a Strategic Focus on Online Counterfeiting, January 2022. One of the fastest-growing areas driving connectivity and digital innovation in Southeast Asia is e-commerce. In parallel, the sale of counterfeit goods online has become one of the fastest-growing forms of intellectual property (IP) infringement. Therefore, the sustainable continuation of the region’s unprecedented e-commerce growth requires enhancing IP protection as a legal means to support innovation and rules-based digital trade. As innovation-based economies with robust IP frameworks that have supported the growth of world-renowned brands, both the United States and South Korea (ROK), have an interest in backing strong IP protections across Southeast Asia. The Association of Southeast Asian Nations (ASEAN) is the fourth- and second-largest export market for the United States and South Korea respectively...	EWC
	Creating Smarter and More Sustainable Cities in Southeast Asia: A Roadmap for United States-South Korea Cooperation, January 2022. Southeast Asia is considered one of the “world’s most vulnerable” regions to climate change, according to the Asian Development Bank. Consequently, the region has numerous sectoral bodies and dialogue platforms dedicated to combatting the problem. Yet the Association of Southeast Asian Nations (ASEAN) can still benefit from external capacity-building assistance. Benefits are especially tangible for vanguard projects such as smart cities, which aim to integrate digitalization and the Internet of Things (IoT) to resolve waste management, transportation, and other urban sustainability issues. As key investors in ASEAN’s smart city initiatives, South Korea (ROK) and the United States have helped address capacity shortfalls through cross-regional private sector engagement. Apart from economic prospects, smart city projects in ASEAN serve as a critical juncture for the US Free and Open Indo-Pacific Strategy and South Korea’s New Southern Policy Plus...	EWC
	Northern Sovereign Maritime Sustainment, January 2022. Maritime sustainment in Australia’s north presents far-reaching opportunities and new challenges for the Department of Defence, industry and local governments. Traditional Defence and industry models used in Australia’s southern states have less utility in the north if they aren’t adapted to the region’s unique economic context. As such, a deeper understanding of industry capability in the north coupled with greater collaboration and partnering is needed to overcome those challenges and take advantage of the opportunities. In developing the report, the authors consulted a wide range of stakeholders. They included representatives from the Department of Defence, people representing the interests of the state, territory and local governments in northern Australia, port operators in Australia’s north, business organisations and the defence industry. The report highlights opportunities that could arise from improved collaboration between Defence, local governments, defence industry and SMEs. This report has again reinforced the need for the Australia government to articulate how it will utilise northern Australia’s strategic geography as a strength both now and in a future conflict if deterrence fails...	ASPI
	Trends in Southeast Asia 2022 #3: Communicating COVID-19 Effectively in Malaysia: Challenges and Recommendations. Malaysia first encountered COVID-19 in January 2020 and the crisis has now dragged on for almost two years. Initially lauded for the successful containment of the virus in early 2020, a combination of factors led to a sudden deterioration in conditions. In early 2021, there was a sudden escalation in infections and deaths which peaked in August. Today COVID-19 is being cautiously treated as “endemic” and the economy is slowly reopening given the decline in numbers since August 2021. For a population of about 32.7 million, positive infection and death rates were relatively high. Total cumulative infections and deaths as at 4 December 2021 stood at 2,643,620 cases and 30,538 deaths respectively...	ISEAS
	Trends in Southeast Asia 2022 #2: SME Responses to Climate Change in Southeast Asia. Climate change is not only one of the great challenges of this century for governments and individuals; it is also a major issue for the millions of micro-, small- and medium-sized businesses (SMEs) that exist across Southeast Asia. The current level of knowledge about the impact of climate change on this sector is low. There are a number of important questions for which more evidence is needed: Do small business operators think climate change is an important issue? How are SMEs in the region attempting to reduce their emissions, if at all? What do they intend to do in future to deal with a warming climate? What obstacles do they face? And what effective assistance and advice are needed for them to deal with the issue...	ISEAS
	Trends in Southeast Asia 2022 #1: Assessing the Benefits of the ASEAN+6 Single Window for ASEAN Members. The application of technology and innovation in international trade procedures play an important role in making trade simpler, cheaper, more resilient and sustainable. One such initiative in ASEAN is the establishment and implementation of the national single window (NSW). The NSW is an electronic facility that allows parties involved in international trade and transport to submit all information needed to fulfil trade-related regulatory requirements at once and at a single-entry point (UNECE 2020). It enables traders and other economic operators (e.g., transporters, logistics firms, freight forwarders, customs brokers) to submit all information and documents required by different border authorities (e.g., customs, trade and commerce, healthcare, agriculture, standards) to one place or system, instead of making multiple submissions to multiple places or systems. The key benefits of NSW are time and cost savings for both the public and private sectors. Trade information submitted to the NSW can be exchanged or made accessible to all of the relevant government authorities for processing (or be processed by the single window system...	ISEAS
	Politics in East Asia Today: Between Democracy, Debates, and Discourse, January 2022. On 9 & 10 September 2021, the Stockholm China Center at the Institute for Security & Development Policy (ISDP) organized the seminar “Politics in East Asia Today.” Thirteen scholars from different countries representing different disciplines and perspectives gave presentations on different aspects of this broad topic and engaged in fruitful discussions. East Asia showcases impressive economic growth and technological innovations; at the same time, however, the region faces serious potential conflicts and challenges to stability and prosperity. In recent years, democracy and fundamental human rights have suffered serious setbacks in East Asia, as in many other parts of the world...	ISDP
	Latest APEC publications: Unlocking Indigenous Peoples’ Economic Potential in the Asia- Pacific Region for a More Inclusive Recovery, January 2022 Proposed Indicators for Monitoring APEC Collective Progress on EAASR, January 2022 Summary Report: 12th Conference on Good Regulatory Practices, December 2021	APEC
	Latest ADB Publications: Regional Cooperation and Integration in Asia and the Pacific: Responding to the COVID-19 Pandemic and “Building Back Better”, January 2022 Crossing the River by Touching the Stones: Alternative Approaches in Technical and Vocational Education and Training in the People’s Republic of China and the Republic of Korea, January 2022 Land Pooling in South Asia: Lessons Learned for Equitable, Participatory, and Inclusive Urban Expansion, January 2022 Building Resilience to Future Outbreaks: Infectious Disease Risk Financing Solutions for the Central Asia Regional Economic Cooperation Region, January 2022 Green Infrastructure Investment Opportunities: Thailand 2021 Report	ADB
	Impact of Tourism on Regional Economic Growth: A Global Value Chain Perspective, January 2022. International tourism was growing steadily before the COVID-19 pandemic. In Thailand, for example, international visitors increased from 15.9 million in 2010 to 39.9 million in 2019 for an average annual growth rate of 10.7%. Travel and tourism in Thailand—the 8th largest global destination by visitor arrivals and 4th in tourism receipts in 2019 (UN WTO 2020)—contributed to 19.7% of national gross domestic product (GDP) and generated 21.4% of employment (WTTC 2020). The economic impact of tourism has been a popular topic in the literature since the 1980s (Baster 1980)...	ADB
	Latest ADBI Working Paper Series: Addressing Marine Litter Through Sustainable Tourism: The Case of the Siargao Islands in the Southern Philippines, January 2022 Regional Cooperation for Improving Agriculture Production Efficiency: A Strategic Tool for Emission Reduction, January 2022 ASEAN Education Cooperation: An Assessment of the Education Divide and Measuring the Potential Impact of Its Elimination, January 2022 What Determines the Adaptation of Enterprises to COVID-19 in CAREC Member Countries: Empirical Evidence from Azerbaijan, Georgia, Kazakhstan, and Mongolia, January 2022 Impacts of COVID-19 on Households in CAREC Countries, January 2022	ADB


January, 2022

	High Frequency Macroeconomic Forecasts Current Quarter Model: 2022Q1, January 2022. Given the vibrant growth in external trade, Hong Kong’s real GDP grew by 7.8% in the first half of 2021. In the second half of 2021, improving employment condition and introduction of the government’s consumption voucher scheme provided impetus to Hong Kong’s output growth. Hong Kong’s real GDP is estimated to grow by 5.2% in 21Q4, slightly slower than the 5.4% growth in 21Q3, reflecting a slowdown in global trade. The unemployment rate experienced improvement in 2021, and is expected to further improve to 3.8% in 21Q4 from 6.8% in 21Q1. The labour market is forecast to improve further. Unemployment is expected to drop to 3.5% in 22Q1. Uncertainties clouded by the increasing threat of the Omicron variant and the global supply chain disruption brought by the pandemic erode Hong Kong’s consumer confidence. Hong Kong’s economic growth is forecast to continue but at a slower pace. Hong Kong’s GDP is expected to grow by 3.2% in 22Q1. For the year 2022, Hong Kong is forecast to retain a modest growth of 2.8% to 3.8%.	HKU
	What Is AUKUS and What Is It Not? December 2021. This new ASPI Insight sets out what AUKUS is—a technology accelerator that’s’ about shifting the military balance in the Indo Pacific. Just as importantly, it sets out what AUKUS it isn’t, to reset some of the discussion that ahs made some assumptions here. AUKUS isn’t a new alliance structure, a competitor to the W Quad between Australia, India, Japan and the US, or a signal of decreased commitment to ASEAN forums by the AUKUS members. And the Insight proposes some focus areas for implementation of this new ‘minilateral’ technology accelerator, including having a single empowered person in each nation charged with implementation and ‘obstacle busting’. This is to break through the institutional, political and corporate permafrost that has prevented such rapid technological adoption by our militaries in recent decades. As is the case with James Miller in the US, this person should report to their national leader, not from inside the defence bureaucracies of the three nations...	ASPI
	Implementing Australia’s Nuclear Submarine Program, December 2021. On 16 September 2021, the Australian Government announced that it would acquire a nuclear-powered submarine (SSN) capability with support from the UK and the US as the first measure of business under the AUKUS technology sharing partnership. At the same time, it announced that it had established the Nuclear-Powered Submarine Taskforce, which would devote 18 months to determining the ‘optimal pathway’ to establishing this new capability. The taskforce has its work cut out for it, and the signing of an initial nuclear information sharing agreement only two months after AUKUS was announced suggests things are moving fast. Nevertheless this new enterprise will be a massive undertaking and probably the largest and most complex endeavour Australia has embarked upon. The challenges, costs and risks will be enormous. It’s likely to be at least two decades and tens of billions of dollars in sunk costs before Australia has a useful nuclear-powered military capability...	ASPI
	North of 26 Degrees South and the Security of Australia: Views From the Strategist, Volume 4, December 2021. The 27 essays in the collection demonstrate that Australia’s north—that great sweep of territory from Rockhampton in the east to Onslow in the west, taking in Townsville, Bamaga, Darwin and Broome—is about a whole lot more than even what makes its way into the national debate (borders, quarantine facilities, mining, agricultural and energy projects, and small but key defence facilities). Between them, the authors of this volume cover proposals for an Indigenous civil defence force to work domestically and in our near region, the opportunities for processing critical minerals and producing rare-earth magnets, a broader way of thinking about and doing nation-building that gets beyond waiting for one big first-mover investor or entrepreneur before anything happens, and, of course, the ways that Australia can better use this huge chunk of the globe’s strategic geography—along with key partners like Japan and the United States...	ASPI
	The Internet of Things: China’s Rise and Australia’s Choices, December 2021. The world is being transformed by expansion of the Internet of Things (IoT). The security challenges that go with this expansion require confronting the transnational character of these evolving technological ecosystems. Distrust of China and its ever-more pervasive presence in the transnational IoT is driving US efforts to diversify digital technology supply chains away from China, and to limit China’s presence in global digital connections. But these efforts are unlikely to shift the established trend among East and Southeast Asian countries towards deepening integration with China. The cyber-physical nature of IoT ecosystems reinforces China’s advantages as a global manufacturing hub. And the complex features of these supply chains generate inertia against relocating them to politically trusted jurisdictions (“re-shoring” or “friend-shoring”)...	Lowy
	A Way Out from the US-DPRK Deadlock: Toward North Korea’s Denuclearization, December 2021. This Issue Brief focuses on three points essential to the resumption of denuclearization talks. First, this paper will analyze North Korea’s unique status as a de facto nuclear weapon state in relation to its nuclear policy and strategy. Second, it will conduct a critical assessment of the Trump-Kim summits to draw lessons for future talks. Lastly, it will explore a possible way out of the current deadlock. This paper concludes that, amidst current tensions, the establishment of a collective diplomatic effort devoted to confidence and trust-building that revolves around an early warning and arms control mechanism to reduce tensions and avoid crises is necessary. The objective should be the creation of both a collective burden-sharing mechanism and an action-for-action system to achieve North Korea’s denuclearization.	ISDP
	Strong and Unique: Three Decades of U.S.-Kazakhstan Partnership, Published 2021 offers an insight-filled account of the evolution of the relationship between the United States and Kazakhstan. Given the U.S.’ interest in nuclear security and energy exploration, this relationship predates the collapse of the Soviet Union; Kazakhstani and American leaders enjoyed a substantive and even privileged relationship from the outset. Over the past three-and-a-half decades, both countries have maintained this momentum despite occasional differences and rapidly shifting circumstances. Today, America’s relationship with Kazakhstan stands out on a regional level as the most stable and positive — a strong and unique partnership in a part of the world that seldom gets the attention it deserves. Kazakhstan’s relationship with America, in the same spirit, stands as a model of the benefits a balanced foreign policy can bring to all concerned.	ISDP
	Trends in Southeast Asia 2021 #21: Hashtag Campaigns during the COVID-19 Pandemic in Malaysia: Escalating from Online to Offline. Hashtag campaigns on social media enable users to express their sentiments on various issues and mobilize people to be part of a movement or cause; they have been used effectively by disenfranchised members of society against powerful elites. While some are of the opinion that online campaigns are ineffective due to “slacktivism”, such campaigns can spill over to offline protests, especially if there are strong emotions such as anger, or a sense of injustice or social deprivation, spurring people on. The earlier hashtag campaigns in Malaysia—#AntaraDuaDarjat (#BetweenTwoStatus) and #DengkiKe (#AreYouJealous)—were expressions of unhappiness over perceived double standards in the enforcement of COVID-19 public safety protocols...	ISEAS
	Trends in Southeast Asia 2021 #20: Urban Biodiversity and Nature- Based Solutions in Southeast Asia: Perspectives from Indonesia and Malaysia. Rapid urbanization and development in Southeast Asia have impacted its high biodiversity and unique ecosystems, directly through the use of forest lands for infrastructure building, and indirectly through increasing ecological footprints. In Greater Bandung, Indonesia and Greater Kuala Lumpur, Malaysia, rapid urbanization over the last thirty years has resulted in an increase in built infrastructure of approximately two and three times respectively. A Nature-Based Solutions approach can potentially underpin urban design and planning strategies in Greater Bandung and Greater Kuala Lumpur, as well as other cities in Southeast Asia, to address biodiversity conservation and also global environmental challenges such as climate change adaption and mitigation, while supporting well-being...	ISEAS
	The WTO’s 2020 Trade Policy Review for Indonesia and Thailand: A Comparative Assessment, November 2021. This paper provides an analytical survey of trade policy in Indonesia and Thailand, in the context of the key findings of the WTO’s 2020 Trade Policy Reviews. These are historically dynamic economies that are integrated within the outward-looking ASEAN protocols and the China-centred East Asian trade and investment networks. Over the past decade, there have been no major changes in the two countries’ trade and commercial policy settings, with Thailand maintaining its more open economic settings and Indonesia continuing its more hesitant embrace of globalization. The major drivers of domestic policy settings have therefore been global factors, including the continuing rise both of China in the regional and global economies and of the increasingly China-centred global supply chains. Both WTO reports provide comprehensive examinations of trade patterns and policies, although there is room to strengthen the analytical foundations of future reports.	ISEAS
	Living with COVID-19 in Singapore: Attitudes, Challenges and the Way Ahead, December 2021. Overall, our findings from the present waves of analyses provide us with a better understanding of how the Singapore population evaluates governance and living with a prolonged health crisis. First, while satisfaction levels towards the government across a range of domains have generally been high, it is not a given. A positive appraisal of the government on its management of the pandemic is subject to a population perceiving that the government had met its expectations. In the September to October period, when infection cases and deaths were at an unprecedented high, as compared to earlier periods of the pandemic, satisfaction levels dipped. Nevertheless, we also observed that in late October to November, satisfaction levels have experienced some stabilisation and indeed, upward rebound...	IPS
	Taxation and Distributive Justice in Singapore, September 2021. COVID-19 has highlighted two important concerns in Singapore’s public economics sphere: fiscal sustainability and economic inequality. Given the centrality of the tax system in addressing both of these concerns, this working paper aims to contribute by providing moral principles that help to frame, shape and guide public and political debate on Singapore’s tax system. Traditionally, the criteria of equity are used to provide moral guidance on the fairness of tax burdens. We find, however, that principles of equity fall short of being complete principles of tax justice because they do not consider how taxes are spent; and secondly, they assume that people have full entitlement over their earnings...	IPS
	Making Identity Count in Singapore: Understanding Singaporeans' National Pride and Identity, September 2021. This survey, which obtained responses from 2,001 Singapore Citizens and Permanent Residents from a representative national sample of households, sought to understand national identity and pride in Singapore. The study is conducted against the backdrop of several global realities that make consideration of national identity and pride crucial. The COVID-19 crisis has influenced citizens in many countries to reflect on the strengths and failures of their respective societies. Identity politics have been gaining traction globally (e.g the Black Lives Matter has become much more of a global movement since the unfortunate death of George Floyd in May 2021) with increased efforts to promote the needs of marginalised segments in society and build more inclusive socieities...	IPS
	MAS Financial Stability Review, December 2021. The COVID-19 pandemic has continued to shape global macro-financial developments and government policy responses in 2021. The progress in national inoculation programmes and ongoing accommodative macroeconomic policies have facilitated in lifting global GDP from its trough in Q2 2020, though renewed outbreaks of the virus have delayed economic recovery in some economies. More recently, there has been a pick-up in cost and price pressures induced in part by COVID-19-related disruptions. Through the undulating course of the COVID-19 pandemic, global financial conditions have remained conducive, supporting the general resilience of the international monetary and financial system over the past year...	MAS
	Latest ADB publications: Harnessing Digitalization for Sustainable Economic Development: Insights for Asia, December 2021 Monetary Policy Transmission Mechanism of Bangladesh, December 2021 Approaches to Eradicate Absolute Poverty in Guangdong Province, the People’s Republic of China, December 2021 Pacific Energy Update 2021 Sustainable Tourism after COVID-19: Insights and Recommendation for Asia and the Pacific, December 2021 Multidimensional Evolution of Rural Development Policy in the People’s Republic of China, December 2021 Contingent Valuation of Nonmarket Benefits in Project Economic Analysis: A Guide to Good Practice, December 2021 Detailed Guidance for Issuing Green Bonds in Developing Countries, December 2021 Managing the Development of Digital Marketplaces in Asia, December 2021 Promoting High-Quality Growth Through Financial Reform in the People’s Republic of China, December 2021 Disability and Social Protection in Asia, December 2021 The Bond Market in Indonesia: An ASEAN+3 Bond Market Guide Update, December 2021 The Bond Market in Thailand: An ASEAN+3 Bond Market Guide Update, December 2021 Asian Development Outlook (ADO) 2021 Supplement: Recovery Continues, December 2021 Redefining Strategic Routes to Financial Resilience in ASEAN+3, December 2021 Eradicating Absolute Poverty in Hunan Province, People’s Republic of China, December 2021 Pacific Economic Monitor, December 2021 COVID-19’s Initial Impact on Food Supply Chains, Rural Migrants, and Poverty in the People’s Republic of China, December 2021	ADB
	Latest ADB Working Paper Series: Intrahousehold Responses to Imbalanced Human Capital Subsidies: Evidence from the Philippine Conditional Cash Transfer Program, December 2021 Large Fiscal Episodes and Sustainable Development: Some International Evidence, December 2021 Compiling Granular Population Data Using Geospatial Information, December 2021 The Foreign Direct Investment Job Multiplier During a Resource Boom: Evidence from Mongolia, December 2021 Green Bonds, Air Quality, and Mortality: Evidence from the People’s Republic of China, November 2021	ADB
	Latest ADBI Working Paper Series: Role of Policy Interventions in Limiting Emissions from Vehicles in Delhi, 2020–2030, December 2021 Government Policy, Industrial Clusters, and the Blue Economy in the People’s Republic of China: A Case Study on the Shandong Peninsula Blue Economic Zone, December 2021 Capitalizing on Co-Benefits and Synergies to Promote the Blue Economy in Asia and the Pacific, December 2021 COVID-19, Digital Transactions, and Economic Activities: Puzzling Nexus of Wealth Enhancement, Trade, and Financial Technology, December 2021 Sustainable Coastal and Maritime Tourism: A Potential Blue Economy Avenue for Bangladesh, December 2021 Household Energy Consumption Behaviors during the COVID-19 Pandemic in Mongolia, December 2021 Developing the Philippine Blue Economy: Opportunities and Challenges in the Ocean Tourism Sector, December 2021 Building Back Better in Small Island Developing States in the Pacific: Initial Insights from the BinD Model of Disaster Risk Management Policy Options in Fiji, December 2021 Approaches to Strengthening Fisheries Financing and Institutional Mechanisms: A Cross-Country Comparison of Cambodia, India, and Indonesia, December 2021	ADB
	Latest APEC publications: Digital Tools for Addressing Infectious Diseases in the Asia-Pacific Region: Challenges and Opportunities, December 2021 Capacity Building on Development of Climate Actions for Sustainable Growth by the use of ISO14080, December 2021 APEC Multistakeholder Dialogue on Promoting Renewable and Clean Energy Policies, December 2021 Artificial Intelligence (AI) Policy Recommendation on Digital Transformation for Healthcare Ecosystem - Case Study Report, December 2021 Artificial Intelligence (AI) Policy Recommendation on Digital Transformation for Healthcare Ecosystem - AI Policy Report, December 2021 APEC Policy Dialogue on SMEs and Entrepreneurship Framework: Let’s be Coherent and Cohesive, December 2021 Trade in Remanufactured Goods in APEC: The Case of Refurbished Medical Imaging Devices, December 2021 Enhancing Participation in Flood Disaster Preparedness through Community-based Hazard Mapping, December 2021 APEC Capacity Building Workshop on Promoting Digital Economy, December 2021 FTAAP Capacity Building Workshop on New Trends in Investment Elements Negotiations in FTAs/RTAs, December 2021 APEC Regional Consumer Protection Framework Workshop, December 2021 Promoting Smart Cities through Quality Infrastructure Investment in Rapidly Urbanizing APEC Region, December 2021 Guidelines on Providing Social Protection to Digital Platform Workers, December 2021 Best Practice Handbook for Establishing and Enhancing Energy Efficiency Obligation (EEO) Schemes, December 2021 Gender Mainstreaming and Mentoring in APEC Anti-Corruption Agencies, December 2021 APEC EGILAT Survey of Private Sector Organizations in the Forest Products Supply Chain, December 2021 Big Data for the Labor Market: Sources, Uses and Opportunities, December 2021 Scoping Study on New and Emerging Environmental Goods, December 2021 Toward Building Resilient Supply Chains — A Possible Role of Investment Policy, December 2021 Understanding the Impact of COVID-19 — Requirements on Air Crew, December 2021 APEC EGILAT Policy Theme: Advancing the Trade and Distribution of Legally Harvested Forest Product, December 2021 Capacity-building Workshop on Implementation of Port State Measures under the APEC Roadmap on Combatting IUU Fishing, November 2021 APEC Climate Symposium – Innovations in Climate Communication for Enhancing Human Security to Manage Risks of Climate Extremes, November 2021 Guidelines for Paperless Trade, November 2021 13th SCSC Conference: Standardisation in Circular Economy for a More Sustainable Trade, December 2021 FTAAP Capacity Building Workshop on E-commerce Elements in FTAs/RTAs (Phase 2), November 2021 The 2nd APEC Cross-Border E-Commerce Training Workshop (APEC CBET II), November 2021 The Value of Business Ethics for APEC SMEs, November 2021 Good Practices in Policies/Models for SME Mining Development, July 2020	APEC
	Hmong Studies Journal, Vol. 23, 2021	HSJ