Climate Minsky moments: Why they may matter less than expected
Climate policies could affect financial stability if they lead to large changes in asset returns. This column studies the financial stability and welfare effects of
Artificial intelligence and stability
Financial institutions are rapidly embracing AI – but at what cost to financial stability? This column argues that AI introduces novel stability risks that the
Four Ways Developing Countries Can Build Safe, Effective AI Policies
Risk-based approaches, inclusive policymaking, and strategic frameworks will allow developing countries in Asia and the Pacific to navigate the challenges of artificial intelligence while ensuring
Driving Gender Equality: Solutions to Empower Women in a Digital Future
Artificial intelligence presents both opportunities and risks for gender equality, with women facing unique vulnerabilities. Addressing these challenges requires reskilling women, strengthening social safety nets,
From Roads to Riches: Economic Corridors Can Supercharge South Asia
Economic corridor development in South Asia enhances trade, industrialization, and connectivity while addressing infrastructure gaps and business constraints. By creating jobs, promoting regional integration, and
The Association of Southeast Asian Nations should leverage trade, tourism, and digitalization to foster economic resilience and sustainable growth amid global economic uncertainty.
There is a growing sense that the global economy is moving towards a more competitive era as countries are reshoring. Many are bringing their supply
Help Wanted: Better Jobs Amid Megatrends
Evolving megatrends like demographic shifts, climate change, and technological advances are prompting new thinking around how to unlock labor productivity. Their impacts on labor markets
Transport: The Missing Piece in Achieving the SDGs
Asia and the Pacific is a global leader in electric mobility and energy-efficient transport, with significant progress in railway electrification and emissions reduction. However, these
How Innovative Insurance Products Can Bridge the Climate Insurance Gap
Asia and the Pacific urgently needs to close the climate-related insurance gap. Solutions like green bonds, parametric insurance, and adaptation financing emphasize partnerships, nature-based investments,
Technology spillovers, diffusion, and rivalry in firm networks
Quantifying technology adoption, spillovers, and diffusion across firms is crucial for understanding industry dynamics, and in turn countries’ growth. This column combines firm-level input-output VAT
