Asia Pathways

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Asia Pathways
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Asia Pathways is a blog of the Asian Development Bank Institute (ADBI). ADBI welcomes contributions to Asia Pathways. Information on how to contribute to the blog is available at our guidelines for authors.

Located in Tokyo, Japan, ADBI is the think tank of the Asian Development Bank. Its mission is to identify effective development strategies and improve development management in ADB's developing members countries. ADBI has an extensive network of partners in the Asia and Pacific region and beyond. ADBI's activities are guided by its three strategic priority themes of inclusive and sustainable growth, regional cooperation and integration, and governance for policies and institutions.

Asia Goes Green with Sustainable Investments

Date: 21 January 2015

The concept of “green growth” has been connected to the “green economy for sustainable development and poverty reduction,” which is the first theme of the Rio+20 United Nations Conference on Sustainable Development (UNCSD). 

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EU and US Trade and Investment Partnership a Second-Best Approach

Date: 17 December 2014

Like the Trans-Pacific Partnership, the Regional Comprehensive Economic Partnership, and the Free Trade Area of the Asia-Pacific, the Transatlantic Trade and Investment Partnership (TTIP) between the European Union (EU) and the United States (US) is a second-best approach to trade and investment liberalization compared to a global agreement. 

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The AEC's December 2015 Deadline - Too Soon?

Date: 12 December 2014

In 2007, the 10-member Association of Southeast Asian Nations (ASEAN) bloc adopted the goal of creating an integrated economic region—termed the ASEAN Economic Community (AEC)—by December 2015. However, concerns have been expressed that the regional integration project’s 2015 deadline will be missed due to an overly ambitious timeline and too many ill-thought-out initiatives. 

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Should the Progress in Bangladesh Come as a Surprise?

Date: 8 December 2014

Bangladesh’s economy has recorded remarkable economic performance in the new millennium, though its per capita income has remained low. Even more spectacular has been the steady improvement in its levels of many social development outcomes. Popular commentaries have drawn comparisons with India and Pakistan in highlighting the significance of Bangladesh’s development achievements. 

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Russia's Focus is now a Pivot to Asia

Date: 21 November 2014

The United States’ “pivot to Asia” has been intensely discussed over the last years. But recently, a new pivot model has come up: the Russian Federation’s pivot to Asia. This article analyzes this topic from an economic perspective by asking: Is the Russian economy really about to shift its focus thus far centered on the European Union (EU) to Asia? 

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U.S.-China Move on Climate Change Critical to Asia

Date: 12 November 2014

A set of reports by the Intergovernmental Panel on Climate Change (IPCC), the last of which was released on November 2, 2014, sets the scene for governments to renew their efforts on the issue through ambitious commitments for a comprehensive climate agreement in Paris in December 2015. 

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A Future with a Low-Carbon Asia

Date: 22 October 2014

The pattern of energy supply and demand that has prevailed over the last 3 decades is undergoing transformation, with great consequences for Asia’s energy security and regional cooperation. The two factors driving this transformation are the rise of the Association of Southeast Asian Nations (ASEAN), the People’s Republic of China (PRC), and India as major energy consumers, and the impressive additions to oil, gas, and coal output. 

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NDB and AIIB Initiatives Sound Global Finance Wake Up Call

Date: 12 August 2014

 July 2014 marked the seventieth anniversary of the Bretton Woods conference, which laid the foundation for the post-WWII international financial system. The conference established the IMF to stabilize the world economy and the World Bank to finance post-war reconstruction. Both have evolved into pillars of present-day global finance.

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5 Developments To Look Out For In Asian Bond Markets In 2014

Date: 20 May 2014

This year is shaping up to be another challenging year for bond markets in Asia after a see-saw 2013 which saw prices rise at the start of the year, and then fall back on news that the US Federal Reserve plans to reduce or “taper”its quantitative easing operations.

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Why ASEAN Is Mongolia’s Best Chance For A Prosperous Future

Date: 5 May 2014

Despite its great potential, the Mongolian economy has not developed as well as expected – a trend that can be reversed with sound regional integration. But finding the right economic partners is difficult; and the nation runs the risk of falling behind as an underdeveloped and isolated “white spot” on East Asia’s dynamically advancing economic integration map.

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Why Central Asia Needs Economic Integration

Date: 21 April 2014

Central Asia has for centuries been seen as a neglected Russian “backyard,” but international interest in the region has increased over the last two decades because of its vast stores of energy and natural resources. But to achieve a brighter future the region must pursue economic integration.

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Why The Yuan Won’t Replace The USD As The World’s Reserve Currency

Date: 26 March 2014

In the eyes of many commentators, the US dollar’s reign as the global reserve currency is under threat from two angles. The first comes from within the US—a permanent deficiency in demand or secular stagnation; and the second from the People’s Republic of China (PRC), and in particular from a fully convertible yuan.

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Can Chinese ‘Soft Power’ Win Hearts & Minds In Africa?

Date: 13 March 2014

China’s links to Africa have grown from mere trade partnerships, to increased media and educational tie-ups. But unless Chinese media and web services can be counted on to provide information about Beijing’s ventures in Africa independently and accurately, viewership will suffer and the “soft power” offensive will falter.

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Do The WTO & The Doha Round Still Have A Future?

Date: 6 February 2014

After several days of grueling negotiations the Ninth WTO Ministerial Conference in Bali, Indonesia, in December 2013, adopted the Bali Package aimed at mainly streamlining global trade. However, this is only the first step toward a Doha deal and much work remains to re-formulate a post-Bali agenda, as well as reform of the WTO to restore its relevance as a key pillar of multilateral trade relations.

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Can The 2020 Tokyo Olympics Solve Japan’s Debt Problem?

Date: 7 January 2014

Abenomics’ first and second arrows have put the Japanese economy firmly on the path to recovery. The country is now awaiting the release of the third arrow. The 2020 Tokyo Olympics complement the Abenomics strategy by presenting a golden opportunity to solve Japan’s debt sustainability problem.

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