Asian Development Bank

Displaying 1-40 of 81 results

  • White Papers // Jul 2010

    Trade Facilitation Measures Under Free Trade Agreements: Are They Discriminatory Against Non-Members?

    Are trade facilitation measures under Free Trade Agreements (FTAs) discriminatory? This important question has yet to be sufficiently explored by the existing literature on trade facilitation. Despite the multilateral scope and non-discriminatory objectives of trade facilitation measures, some trade facilitation measures under FTAs can be discriminatory, similar to those in...

    Provided By Asian Development Bank

  • White Papers // Aug 2010

    Production Networks And Trade Patterns In East Asia: Regionalization Or Globalization?

    This paper examines the implications of global production sharing for economic integration in East Asia, with emphasis on the behavior of trade flows in the wake of the 2008 global economic crisis. While trade in parts and components and final assembly within production networks ("Network trade") has generally grown faster...

    Provided By Asian Development Bank

  • White Papers // Oct 2010

    Responding To The Global Financial And Economic Crisis: Meeting The Challenges In Asia

    The global financial and economic crisis marks an important turning point for finance and the Asian growth model. Regional consensus is now supporting economic rebalancing away from the dominant focus on exports to developed markets and towards more a more balanced economic structure supported by domestic and regional financial development....

    Provided By Asian Development Bank

  • White Papers // Oct 2010

    Shaping New Regionalism In The Pacific Islands: Back To The Future?

    The many small sovereign states and multiple shades of sovereignty that exist across the present-day Pacific Island region are largely the product of the region's colonial history. Yet, the story of regionalism among the Pacific Islands began in pre-colonial times. This history, in turn, has been shaped by the region's...

    Provided By Asian Development Bank

  • White Papers // Nov 2010

    Organizing The Wider East Asia Region

    Regionalism and regional integration in East Asia has developed dynamically at various levels over the past two decades. In the world system, East Asia's degree of regional economic coherence is second only to the European Union's. In addition to deepening micro-level regionalization, new regional frameworks and organizations have emerged, centered...

    Provided By Asian Development Bank

  • White Papers // Nov 2010

    Institutional Design Of Regional Integration: Balancing Delegation And Representation

    Regional economic integration is both a deregulatory project, involving the removal of barriers to the movement of goods and services, as well as a re-regulatory project, involving the adoption of common economic, social, and environmental standards to enable the market to function. The removal of trade barriers can be achieved...

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  • White Papers // Nov 2010

    Regional Judicial Institutions And Economic Cooperation: Lessons For Asia?

    The author shows that Asian states are not unusually averse to refer inter-state disputes over trade, investment, and territory to global judicial institutions. Moreover, Asian states are not unique in their reluctance to resolve regional inter-state disputes through judicial means: Regional judicial institutions elsewhere have also rarely been used to...

    Provided By Asian Development Bank

  • White Papers // Nov 2010

    Labor And Grassroots Civic Interests In Regional Institutions

    There is a vibrant regional civil society in Asia with numerous Civil Society Organizations (CSOs) advancing a range of economic, political and social causes using three key strategies, namely regional advocacy, civil society parallel summits, and civil society partnerships with states and regional institutions. Although regional institutions have become more...

    Provided By Asian Development Bank

  • White Papers // Nov 2010

    The Awakening Chinese Economy: Macro And Terms Of Trade Impacts On 10 Major Asia-Pacific Countries

    This paper analyzes the impact that Terms Of Trade (TOT) are likely to have on the growth of the People's Republic of China's (PRC) neighboring countries. Two scenarios employing a dynamic computable general equilibrium framework are considered: a convergence scenario, where historical trends are projected; and a baseline scenario, where...

    Provided By Asian Development Bank

  • White Papers // Nov 2010

    Institutional Parameters Of A Region-Wide Economic Agreement In Asia: Examination Of Trans-Pacific Partnership And ASEAN+? Free Trade Agreement Approaches

    The future creation of a region-wide economic agreement in Asia has become the hot issue among trade policymakers in the region. The APEC 2010 Summit Statement clearly states that the members should pursue a Free Trade Area of the Asia-Pacific (FTAAP), building on various ongoing regional cooperation formworks including ASEAN+3...

    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 // 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 // Sep 2008

    Cambodia?s Persistent Dollarization: Causes And Policy Options

    Cambodia's economic and social achievements over the past ten years have been the most impressive in its history. Nevertheless, Cambodia today is still as dollarized, if not more so, than it was ten years ago. What is this so, and what, if anything, should the Government do? This paper attempts...

    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