Asian Development Bank

Displaying 1-40 of 71 results

  • 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 // 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 // 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 // Apr 2009

    Managing Success In Viet Nam: Macroeconomic Consequences Of Large Capital Inflows With Limited Policy Tools

    Viet Nam has experienced spectacular economic growth over the past decade, in part the result of massive Foreign Direct Investment (FDI) inflows. Although much has been written on the impacts of FDI in developing countries, previous studies have generally ignored macroeconomic consequences in cost-benefit assessments. These macroeconomic aspects can be...

    Provided By Asian Development Bank

  • White Papers // May 2009

    The Building Block Versus Stumbling Block Debate Of Regionalism: From The Perspective Of Service Trade Liberalization In Asia

    This paper argues that regionalism is certainly a building block, not a stumbling block to a multilateral trading system, using the services liberalization scheme of Association of Southeast Asian Nations (ASEAN) as a case study. At the same time, it is critical to set out a proper institutional arrangement to...

    Provided By Asian Development Bank

  • White Papers // May 2009

    East Asian And European Economic Integration: A Comparative Analysis

    This paper compares the economic integration processes of the European Union and the East Asian nations and comments on the possible reciprocal lessons, if any, that can be drawn in order to smooth the future paths of the two groups. On the EU side, institutions, structural policies, and the monetary...

    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...

    Provided By Asian Development Bank

  • 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 // Mar 2010

    A Macroprudential Framework For Monitoring And Examining Financial Soundness

    This paper describes concepts and tools behind macro prudential monitoring, and the growing importance of macro prudential tools for assessing the stability of financial systems. This paper also employs a macro prudential approach in examining financial soundness and identifying its determinants. Using data from selected developing economies in Asia, South...

    Provided By Asian Development Bank

  • White Papers // Mar 2010

    A Macroprudential Framework For The Early Detection Of Banking Problems In Emerging Economies

    This paper develops an analytical framework that can be used to anticipate problems in the banking system and enable supervisors to take mitigating actions at an early stage. This paper has two components. First, it develops an early warning indicator that is intended to capture a number of the systemic...

    Provided By Asian Development Bank

  • White Papers // Apr 2010

    The 2008 Financial Crisis And Potential Output In Asia: Impact And Policy Implications

    Monitoring the behavior of potential output helps policymakers implement appropriate policies in response to an economic crisis. In the short-run, estimates of the output gap can guide the timing of the implementation and withdrawal of stimulus measures. In the medium-to long-term, these estimates can also provide the basis for gauging...

    Provided By Asian Development Bank

  • White Papers // Apr 2010

    Do Hub-And-Spoke Free Trade Agreements Increase Trade? A Panel Data Analysis

    The authors use panel data consisting of 96 countries and covering the period 1960 - 2000 to investigate the effects of Free Trade Agreements (FTAs) and hub-and-spoke systems of FTAs on exports. The empirical results imply an annual growth rate of 5.57% in exports, leading to a doubling of exports...

    Provided By Asian Development Bank

  • White Papers // Apr 2010

    Crises In Asia: Recovery And Policy Responses

    This paper is to provide stylized facts on recovery from economic downturns and to evaluate the role of macroeconomic policies in promoting recovery. In particular, the authors examine Gross Domestic Product (GDP) recessions and financial downturns (credit contractions and stock price declines) using data from 21 Organization for Economic Cooperation...

    Provided By Asian Development Bank

  • White Papers // May 2010

    A New Multi-Dimensional Framework For Analyzing Regional Integration: Regional Integration Evaluation (RIE) Methodology

    Theories of regional integration typically analyze the regional integration process from the perspective of a single discipline, usually economics. However, such one-dimensional analytical frameworks cannot fully capture the richness and complexity of the inherently multi-dimensional regional integration process. To address the problem, the authors propose the Regional Integration Evaluation (RIE)...

    Provided By Asian Development Bank

  • White Papers // May 2010

    Regional Surveillance For East Asia: How Can It Be Designed To Complement Global Surveillance?

    This paper discusses conceptual and operational issues related to regional surveillance for East Asia, which is a topic that has assumed considerable prominence in recent months. The need for regional surveillance is both immediate and evolving. For the immediate need, a surveillance mechanism must cover the operational requirements of the...

    Provided By Asian Development Bank

  • White Papers // Jun 2010

    Poverty Impacts Of Government Expenditure From Natural Resource Revenues

    This paper analyzes the effects on poverty incidence and other economic variables resulting from government expenditures associated with natural resource revenues, using the Nam Theun II hydroelectric power project in the Lao People's Democratic Republic (Lao PDR) as a paper. The analysis uses a multi-sector/multi-household general equilibrium model of the...

    Provided By Asian Development Bank

  • White Papers // Jun 2010

    Methods For Ex Ante Economic Evaluation Of Free Trade Agreements

    This paper provides practical techniques to policymakers for evaluating the potential economic effects of a Free Trade Agreement (FTA). To this end, the paper discusses how to apply three methods: trade indicators, SMART (Software for Market Analysis and Restrictions on Trade) in WITS (World Integrated Trade Solutions), and the GTAP...

    Provided By Asian Development Bank

  • White Papers // Jun 2010

    The Role Of Membership Rules In Regional Organizations

    This paper argues that success in the struggle for regional integration hinges foremost on the degree of heterogeneity among regional states. Regional organizations therefore must consider how to optimize their leverage to forge convergence that will foster agreement and cooperation. To do so, regional organizations can rely on inclusive designs...

    Provided By Asian Development Bank

  • White Papers // Jul 2010

    The Political Economy Of Regional Cooperation In South Asia

    Regional Cooperation Arrangements (RCAs) have produced vastly dissimilar performances; some have spurred remarkable expansion in trade and cooperation among members, while several others have achieved little. Studies show that performances vary because RCAs differ from one another in important characteristics, namely the objectives they aim to achieve, balance of power...

    Provided By Asian Development Bank

  • 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 // Jun 2009

    Emerging Asia: Decoupling Or Recoupling

    In this paper, the authors investigate the degree of real economic interdependence between emerging Asia and major industrial countries to shed light on the heated debate over the "Decoupling" of emerging Asia. They first document the evolution of macroeconomic interdependence for emerging Asian economies through changing trade and financial linkages...

    Provided By Asian Development Bank

  • White Papers // Jul 2009

    India?s Role In South Asia Trade And Investment Integration

    Recent developments in South Asian countries, especially the re-emergence of democratic governments, new growth momentum despite the global economic downturn and greater openness, warrant a fresh look at the region's prospects for economic integration. On the basis of a thorough review of the literature on potential and prospects of regional...

    Provided By Asian Development Bank

  • White Papers // Sep 2009

    Developing Indicators For Regional Economic Integration And Cooperation

    The authors develop indicators to measure the degree of economic integration and cooperation among East Asian economies and compare these with similar measures for other regions. The indicators cover regional integration in trade, investment, financial assets, and people-to-people exchange. They also analyze measures of regional cooperation such as the density...

    Provided By Asian Development Bank

  • White Papers // Sep 2009

    Beyond The Crisis: Financial Regulatory Reform In Emerging Asia

    This paper is to suggest reform measures to address the gaps and weaknesses in emerging Asia's financial regulatory and supervisory systems, on the basis of lessons drawn from the global crisis. For emerging Asia, the direct impact of the global financial crisis has been limited, thus generating substantially less pressure...

    Provided By Asian Development Bank