Spotlight Archives
- ADB Working Paper Series on Regional Economic Integration No. 98: ASEAN-China FTA and the Competitiveness of Local Industries: A Case Study of Major Industries in the Lao PDRJuly 2012L. Leebouapao, S. Insisienmay, and V. Nolintha assess the effect of the ASEAN–China Free Trade Agreement (ACFTA) on wood processing, cement, and motorcycle assembly in the Lao PDR. The paper finds that the ACFTA will have sizable but varying degrees of impact on the three industries. Read more.
- ADB Policy Brief, No.1: Why do intra-regional debt investments remain low in Asia?June 2012OREI Policy Brief finds “home bias” among Asian debt investors has deepened after the global crisis. It shows that cross-border debt investments are influenced by returns, financial openness, expected currency appreciation and liquidity. More liquid markets, harmonized rules and reduced cross-border barriers can channel the region’s savings toward long-term productive uses. Read more.
- Can renminbi appreciation resolve global imbalances?June 2012In AIEN's Trade Spotlight blog, H.C. Tang revisits arguments to refute the claim on faster appreciation of the renminbi being touted as the panacea for resolving global imbalances. Such calls have softened after the recent decline in the People’s Republic of China’s (PRC) current account surplus and the world’s preoccupation over the eurozone debt crisis. Read full story. | View other blogs on AIEN Trade Spotlight.
- ADB Working Paper Series on Regional Economic Integration No. 97: Determinants of Local Currency Bonds and Foreign Holdings—Implications for Bond Market Development in the People's Republic of ChinaMay 2012In this paper, K.H. Bae identifies the determinants of cross-country differences in bond market development and draws policy implications that are pertinent to the PRC bond market. Read more. View other working papers.
- Asia Bond Monitor - April 201226 April 2012Emerging East Asia's local currency bond markets expanded 7.0% to $5.7 trillion in 2011, driven by double-digit growth in the region's corporate bond markets, according to the latest edition of the ADB's Asia Bond Monitor. Download report.
- Dealing with the “Noodle Bowl” of Asia’s Free Trade Agreements24 April 2012Masahiro Kawai and Ganeshan Wignaraja discuss the impact of Asia’s "noodle bowl"of Free Trade Agreements (FTA) on businesses based on firm-level surveys in seven countries. Read more.
- Asian Development Outlook 2012: Confronting Rising Inequality in Asia2012ADB’s flagship economic publication, the Asian Development Outlook 2012 forecasts GDP growth in developing Asia to moderate to 6.9% in 2012, before picking up to 7.3% in 2013. The greatest risk to outlook is the uncertainty surrounding the resolution of sovereign debt problems in the eurozone. Download.
- ASEAN+3 Bond Market Guide2012The ASEAN+3 Bond Market Guide is a comprehensive report on bond market in the ASEAN+3 region. The Guide is a product of the collaborative efforts of ASEAN+3 Bond Market Forum (ABMF) members and is the first report endorsed by ASEAN+3. Download.
- ADB Working Paper Series on Regional Economic Integration No. 96: Why Do Imports Fall More than Exports Especially During Crises? Evidence from Selected Asian EconomiesApril 2012H. Chink Tang examines this question by estimating a standard import demand equation augmented with differential and time-varying components of the aggregate demand and finds that falls in imports are largely but not solely due to falling exports alone. Read More. View other working papers.
- ADB Working Paper Series on Regional Economic Integration No. 95: Measuring Commodity-Level Trade Costs in Asia - The Basis for Effective Trade Facilitation Policies in the RegionApril 2012In this paper, Hamanaka and Domingo suggest that the use of trade statistics in conjunction with the World Bank’s Doing Business Report’s trade cost data is helpful in designing sector-specific trade facilitation policies. Read More. View other working papers.