Asian Development Bank

Displaying 1-40 of 77 results

  • White Papers // Sep 2009

    Learning In Strategic Alliances

    The resource-based view of the firm that gained currency in the mid-1980s considered that the competitive advantage of an organization rests on the application of the strategic resources at its disposal. These days, orthodoxy recognizes the merits of the dynamic, knowledge-based capabilities underpinning the positions organizations occupy in a sector...

    Provided By Asian Development Bank

  • White Papers // Feb 2009

    Social Network Analysis

    The information revolution has given birth to new economies structured around flows of data, information, and knowledge. In parallel, social networks have grown stronger as forms of organization of human activity. Social networks are nodes of individuals, groups, organizations, and related systems that tie in one or more types of...

    Provided By Asian Development Bank

  • White Papers // May 2010

    Corporate Governance And Foreign Direct Investment

    Merger and acquisition (M&A) activity is motivated by increasing shareholder value through improved corporate governance. Therefore, stronger corporate governance can reduce the returns from M&A activity, including M&A foreign direct investment (FDI). This, in turn, can reduce the returns from non-M&A FDI in light of the complementary relationship between M&S...

    Provided By Asian Development Bank

  • White Papers // Dec 2009

    Outward Foreign Direct Investment And The Financial Crisis In Developing East Asia

    This paper examines two issues that are central to the rise of the dynamic East Asian economies and the management of globalization during a period of large external shocks. First, the paper examines the rise of developing East Asian economies (i.e., East and Southeast Asia excluding Japan) as significant sources...

    Provided By Asian Development Bank

  • White Papers // Feb 2010

    A Primer On Talent Management

    Globalization, the process by which economies, societies, and cultures are fast integrating through a globe-spanning network of communication and trade, drives both collaboration and competition. And so, in an age when those who possess knowledge - not land, labor, or capital goods - own the new means of production, it...

    Provided By Asian Development Bank

  • White Papers // Oct 2009

    Exchange Rate Regimes In The Asia-Pacific Region And The Global Financial Crisis

    Rising economic integration in Asia and periodic volatility in global and national financial markets raise the issue of the optimal degree and form of monetary cooperation among Asian economies. There is a large literature on the benefits and costs of monetary cooperation, however, less can be found with a specific...

    Provided By Asian Development Bank

  • White Papers // Sep 2010

    Global Financial Regulatory Reforms: Implications For Developing Asia

    The objective of global regulatory reform is to build a resilient global financial system that can withstand shocks and dampen, rather than amplify, their effects on the real economy. Lessons drawn from the recent crisis have led to specific reform proposals with concrete implementation plans at the international level. Yet,...

    Provided By Asian Development Bank

  • White Papers // Oct 2010

    Methods For Ex Post Economic Evaluation Of Free Trade Agreements

    Evaluating the economic impact of an FTA is an important part of the monitoring and surveying process that should follow the establishment of an FTA. This paper presents methods for evaluating the trade and welfare effects of an FTA. These methods show how to compute indicators for the utilization and...

    Provided By Asian Development Bank

  • White Papers // Dec 2009

    Fast And Effective Change Management

    When embarking on a change initiative, one should rapidly implement change that results in the higher levels of performance that were envisioned when the decision to make the changes was made. To make this happen, organizations must first overcome the resistance to change and then secure as much discretionary effort...

    Provided By Asian Development Bank

  • White Papers // Dec 2010

    Evolving Asian Power Balances And Alternate Conceptions For Building Regional Institutions

    The paper aims to examine economic interdependence and balancing power politics, and their mixed implications for regional institution building in East Asia based on the concept of common security. By pointing out the gap between the violent conflict prediction and the stability and prosperity reality following the end of the...

    Provided By Asian Development Bank

  • White Papers // Dec 2010

    ASEAN Economic Integration: Features, Fulfillments, Failures And The Future

    The 10-member Association of Southeast Asian Nations, ASEAN, is arguably the most durable and successful regional grouping in the developing world. Established in 1967, it has contributed greatly to regional harmony and prosperity. ASEAN is characterized by great internal diversity, generally high economic growth, and a reluctance to establish a...

    Provided By Asian Development Bank

  • White Papers // Dec 2010

    Changing Impact Of Fiscal Policy On Selected ASEAN Countries

    This paper investigates the effectiveness of fiscal policy in five Association of Southeast Asian Nations (ASEAN) of Indonesia, Malaysia, the Philippines, Singapore and Thailand. Through a structural Vector Auto Regression (VAR) model, government spending is found to have weak and largely insignificant impact on output, while taxes are found to...

    Provided By Asian Development Bank

  • White Papers // Jan 2011

    The Organizational Architecture Of The Asia?Pacific: Insights From The New Institutionalism

    This paper surveys recent literature on the design of international institutions and applies the insights from it to the prospects for regional economic cooperation in the Asia-Pacific. The political and economic heterogeneity of the region has served the process of regional economic integration. But this heterogeneity has limited the extent...

    Provided By Asian Development Bank

  • White Papers // Jan 2011

    The Impact Of Monetary Policy On Financial Markets In Small Open Economies: More Or Less Effective During The Global Financial Crisis?

    This paper estimates the impact of monetary policy on exchange rates and stock markets for eight small open economies: Australia, Canada, the Republic of Korea, New Zealand, the United Kingdom, Indonesia, Malaysia and Thailand. On average across these countries, a one percentage point surprise rise in official interest rates leads...

    Provided By Asian Development Bank

  • White Papers // Feb 2011

    What Do Asian Countries Want The Seat At The High Table For? G20 As A New Global Economic Governance Forum And The Role Of Asia

    The global crisis has reminded everyone of the importance of reforming the international monetary and financial system. The current system is no longer adequate to meet the needs of a complex, integrated world economy. Various proposals, both on the demand and supply sides, have been put forward, and include building...

    Provided By Asian Development Bank

  • White Papers // Jan 2010

    The Future Of Social Marketing

    Tellingly, in the 2010s, the attention of public sector agencies, nongovernment organizations, and the private sector is increasingly drawn to the potential of social marketing. Social marketing is the use of marketing principles and techniques to effect behavioral change. It is a concept, process, and application for understanding who people...

    Provided By Asian Development Bank

  • White Papers // Apr 2009

    Causes And Consequences Of Global Imbalances: Perspective From Developing Asia

    Global current account imbalances are one of the key macroeconomic imbalances that underline the global financial crisis. The central objective of this paper is to analyze the causes and consequences of global imbalances from the perspective of developing Asia. More specifically, the authors examine the root causes of the large...

    Provided By Asian Development Bank

  • White Papers // Dec 2009

    The Global Crisis And The Impact On Remittances To Developing Asia

    Remittances to Asia plunged during the 1997 Asian financial crisis, but the drop was temporary as the flows were increasing once again after just 1 year. The current crisis, however, is fundamentally different in that even the countries that send remittances have been adversely affected. The global nature of this...

    Provided By Asian Development Bank

  • White Papers // Sep 2010

    Asia And The Global Crisis: Recovery Prospects And The Future

    The global crisis of 2007-09 affected developing Asia largely through a decline in exports to the developed countries and a slowdown in remittances. This happened very quickly, and by 2009 there were already signs of recovery (except on the employment front). This recovery was led by China's impressive performance, aided...

    Provided By Asian Development Bank

  • White Papers // Oct 2010

    Impact Of Global Financial Crisis On IDB Member Countries: The Case Of Gulf Cooperation Council And Sub-Saharan Africa

    The year 2008 witnessed three major crises (food, energy, global financial and economic crises) and their impacts were increasingly felt worldwide. Since the eruption of global financial crisis from September 2008, international financial markets have become more turbulent, and the global economic slowdown is expected to deepen further. Virtually no...

    Provided By Asian Development Bank

  • White Papers // May 2011

    Trade And Investment In The Greater Mekong Subregion: Remaining Challenges And The Unfinished Policy Agenda

    The Greater Mekong Subregion (GMS) is one of the most successful stories of economic transition and integration among developing countries. Strong rates of economic growth since the early 1990s have been fueled by increased trade and Foreign Direct Investment (FDI) in the subregion. This economic progress has translated into marked...

    Provided By Asian Development Bank

  • White Papers // Nov 2009

    US International Trade And The Global Economic Crisis

    The contraction is on a scale not seen since the global recession following the second oil shock of 1979 - 1980. The United States (US) is at the epicenter of the crisis and is a major source of external demand for developing Asia and Pacific economies. US import and export...

    Provided By Asian Development Bank

  • White Papers // Feb 2009

    Explaining Inflation In Cambodia

    This paper presents an empirical analysis of the causes of inflation. Given the economy is heavily dollarized and Cambodia shares an open border with Viet Nam and Thailand, price developments in Cambodia would be expected to be heavily influenced by those in its two most important trading partners. The paper...

    Provided By Asian Development Bank

  • White Papers // Jun 2010

    ADB?s Contribution To Inclusive Growth In Transport And Energy Projects

    The long-term strategic framework, Strategy 2020, of the Asian Development Bank (ADB) has three pillars, of which inclusive growth is one. However, unlike for environmental sustainability and regional cooperation, the inclusive growth pillar does not have targets or indicators to measure ADB's contribution. Furthermore, the concept of inclusive growth is...

    Provided By Asian Development Bank

  • White Papers // Nov 2010

    Infrastructure And Growth In Developing Asia

    This paper presents the state of infrastructure in developing Asian countries. It applies two distinct approaches (growth regressions and growth accounting) to analyze the link between infrastructure, growth, and productivity. The main conclusion is that a number of countries in developing Asia have significantly improved their basic infrastructure endowments in...

    Provided By Asian Development Bank

  • White Papers // Dec 2009

    The Decline Of Investment In East Asia Since The Asian Financial Crisis: An Overview And Empirical Examination

    A key legacy of the Asian financial crisis of 1997-1998 is a sustained drop-off in the investment rates of East Asian countries that were hardest hit by the crisis. The authors first review the stylized facts of investment in those countries, and then explore and evaluate the various possible explanations...

    Provided By Asian Development Bank

  • White Papers // Feb 2011

    Cross-Border Mergers And Acquisitions And Financial Development: Evidence From Emerging Asia

    The paper examines the relationship between cross-border Mergers and Acquisitions (M&A) and financial development in emerging Asian economies. Bilateral data of cross-border M&A for nine emerging Asian economies during 2000 - 2009 are analyzed with a sample selection model and panel data model. Estimation results show that the banking sector...

    Provided By Asian Development Bank

  • White Papers // Feb 2011

    The Global Financial Crisis: Impact On Asia And Emerging Consensus

    The financial crisis, initially traced to subprime mortgage market in the United States (US) and the resulting deleveraging process by global financial institutions involved in highly complex financial transactions, marks the first global financial crisis of the 21st century. Few countries linked to the global financial markets and international trades...

    Provided By Asian Development Bank

  • White Papers // Feb 2010

    The Impact Of The Global Crisis On South Asia

    The financial crisis that began with problems in the sub-prime mortgage market in the United States (US) and spread around the world in September 2008 marked the first global financial crisis of the 21st century. Indeed, what appeared initially to be a difficult, yet seemingly contained problem, turned into a...

    Provided By Asian Development Bank

  • White Papers // May 2011

    Effects Of Financial Market Imperfections On Indian Firms' Exporting Behavior

    Using data from more than 6,000 manufacturing firms in India for 1996-2008, the authors investigate the impact of financial constraints on the exporting behavior of Indian manufacturing firms while also focusing on the link between exchange rate movement and exports. They find that there is a strong degree of persistency...

    Provided By Asian Development Bank

  • White Papers // Mar 2011

    Impact Of International Financial Shocks On Small Open Economies: The Case Of Four ASEAN Countries

    A more integrated global financial system has implications on the economic volatility of small open economies. This paper simulates the impact of a short-term shock originating from the global financial system on small open economies in the Association of SouthEast Asian Nations (ASEAN). The simulation is conducted by means of...

    Provided By Asian Development Bank

  • White Papers // May 2011

    Financial Integration In Emerging Asia: Challenges And Prospects

    Using both quantity- and price-based measures of financial integration, this paper shows an increasing degree of financial openness and integration in emerging Asian markets. This paper also assesses the impact of a regional shock relative to a global shock on local equity and bond markets. The findings of this paper...

    Provided By Asian Development Bank

  • White Papers // Dec 2010

    Monetary Policy Discipline And Macroeconomic Performance: The Case Of Indonesia

    Lax monetary policy in the United States has been pointed out as one of the responsible factors behind the recent global crisis. Similar loose monetary conditions also prevailed in many European countries before the crisis and were argued to be among the accommodating factors behind the run-up in asset prices...

    Provided By Asian Development Bank

  • White Papers // Nov 2010

    Financial Development And Economic Growth In Developing Asia

    Economic theory suggests that sound and efficient financial systems - banks, equity markets, and bond markets - which channel capital to its most productive uses are beneficial for economic growth. Sound and efficient financial systems are especially important for sustaining growth in developing Asia because efficiency of investment will overshadow...

    Provided By Asian Development Bank

  • White Papers // May 2011

    An Analysis Of The Effects Of Financial Market Imperfections On Indian Firms' Exporting Behavior

    Using the data of more than 6,000 manufacturing firms in India for 1996-2008, the authors investigate the impact of financial constraint on the exporting behavior of Indian manufacturing firms while also focusing on the link between the exchange rate movement and exports. They find that there is a strong degree...

    Provided By Asian Development Bank

  • White Papers // Jul 2009

    Ageing Asia's Looming Pension Crisis

    Due to population ageing, weakening of family-based support, and other factors, old-age income support is becoming an issue of growing importance throughout Asia. This is especially true in East Asia and Southeast Asia where the demographic transition is already well under way. This paper provides a broad overview of the...

    Provided By Asian Development Bank

  • White Papers // Apr 2009

    Crises In Asia: Historical Perspectives And Implications

    The paper analyzes the stylized features of historical crisis episodes for 21 developing Asian economies over 1961-2007. The paper finds that while there is substantial diversity, on average, recessions and financial downturns are more frequent, longer lasting, and more severe in Asia than in the Organisation for Economic Co-operation and...

    Provided By Asian Development Bank

  • White Papers // Jan 2009

    Does Trade Integration Contribute To Peace?

    This paper investigates the effect of trade integration on military conflict. The empirical analysis, based on a large panel data set of 290,040 country-pair observations from 1950 to 2000, confirms that an increase in bilateral trade interdependence and global trade openness significantly promotes peace. It also suggests that the effect...

    Provided By Asian Development Bank

  • White Papers // Feb 2009

    Aging In Asia: Trends, Impacts And Responses

    By the middle of this century, Asia's elderly population is projected to reach 922.7 million, and its share of population 17.5%, from just 4.1% in 1950. Within the next few decades, Asia is poised to become the oldest region in the world; reforming policies and creating new structures and institutions...

    Provided By Asian Development Bank

  • White Papers // Mar 2009

    Re-considering Asian Financial Regionalism In The 1990s

    A common view holds that the trend toward Asian financial regionalism is a relatively new phenomenon that became significant after the Asian financial crisis of 1997/98. This paper challenges this view by exploring and analyzing financial regionalist projects in Asia throughout the 1990s. As they demonstrate, Asian countries, especially Japan,...

    Provided By Asian Development Bank