ADB Briefs

The global financial crisis of 2008/09 has prompted a reassessment of financial regulation and supervision. Many note that regulatory changes in the global financial system inevitably slow financial innovation and economic growth. Will a wave of regulation and reform in the wake of the crisis also limit the ability of financial institutions to innovate? What are the likely implications for relatively underdeveloped emerging Asian economies?

This brief highlights the pivotal role to be played by fiscal policy in the People's Republic of China's rebalancing process if other supportive and complementary policies are in place.

This policy brief examines the estimation procedure of net enrollment rate that can be improved to provide a better gauge for development in basic education.

This brief begins by discussing East Asia's emergence as a global factory and the spread of FTAs. It then examines varieties of national FTA strategies in Northeast and Southeast Asia. The brief goes on to analyze information on FTA use, impediments, and rules of origin based on the ADB multi-country survey. Finally, it explores a possible way forward, highlighting short-term measures as well as a regionwide FTA for the medium term.

This brief begins by discussing East Asia's emergence as a global factory and the spread of FTAs. It then examines varieties of national FTA strategies in Northeast and Southeast Asia. The brief goes on to analyze information on FTA use, impediments, and rules of origin based on the ADB multi-country survey. Finally, it explores a possible way forward, highlighting short-term measures as well as a regionwide FTA for the medium term.

This brief explores the wave of speculative capital flowing into the People's Republic of China, also known as hot money inflows.

The objective of this brief is to describe the development of an ADB-financed poverty monitoring system in Dayao county in Chuxiong Prefecture of Yunnan Province that can be used to track poverty in a county.

Sovereign wealth funds (SWFs) and their investment activities have emerged as one of the most controversial issues in international finance. As their name implies, SWFs are characterized by two defining qualities - ownership and control by the government, and pursuit of high risk-adjusted returns as the central objective. Although the term SWF was coined only 3 years ago by Rozanov (2005), these funds have actually been around for quite some time. The oldest SWF, the Kuwait Investment Authority, goes all the way back to 1953.