Using company data from the ADB Trade Finance Survey, ADB Briefs No. 193 explores the potential of fintech in helping narrow the trade finance gap in the CAREC region. Read here.
This paper evaluates the impact of the RCEP on global and regional incomes, trade, economic structure, factor returns, and employment.
The ADB Brief finds that the trade finance gap has grown, with more companies unable to find the financing they need to trade their goods. This may have exacerbated the sharp drop-off in trade during the pandemic and will make a recovery more difficult. Read more.
This report reviews the impact of trade facilitation initiatives in Asia and the Pacific since the coronavirus disease (COVID-19) pandemic began and discusses how to increase supply chain resilience.
The COVID-19 pandemic has widened budget deficits in many Southeast Asian economies through lower tax revenue and higher spending on healthcare and recovery. This leaves less revenue to invest in social and economic development...
The Regional Comprehensive Economic Partnership (RCEP) agreement, a major regional trade agreement in Asia, was signed a year ago as the pandemic fueled economic uncertainty. Now, key elements of the pact could prove instrumental in aiding the regionís recovery in 2022 and beyond.
Developing Asia is estimated to have fended off the scarring impact of investment decline relatively well during the pandemic compared to other developing regions such as Latin America and Africa.