This policy brief, released by ESCAP in September 2013 considers how to make emerging Asia-Pacific less vulnerable to global financial panics.

Ensuring full or high employment has been one of the key mandates put forward by the international development community. But despite their impressive economic growth, a number of Asia-Pacific economies continue to experience ...

<p></p> Amid gradual yet steady economic recovery in the United States in recent quarters, the Federal Reserve raised its policy interest rate by 25 basis points in December 2015; the first increase in nearly a decade. ...

This policy brief discusses channels through which governance affects fiscal management and presents the estimated impact of change in governance on fiscal variables. Policy options are also discussed for further consideration ...

Development trajectories of countries within the Asia-Pacific region vary significantly across countries. While some countries have experienced tremendous advancements in terms of economic and social indicators, others ...

In the past decade, the Asia-Pacific region’s financial landscape became more diversified, with households having better access to personal loans and mortgages and corporates able to issue bonds, including in offshore ...

The necessity for a global currency for the global economy was recognized as early as in 1944 at the Bretton Woods Conference and after an over 60-year experimenting with various settings, the issue is on the policy agenda ...

<p>Amid rising public debt levels in many Asia-Pacific economies, this policy brief highlights public debt management practices that Asia-Pacific countries could adopt to benefit from lower financing costs and better risk ...

The COVID-19 pandemic is a global catastrophe, with no region spared including Asia and the Pacific. The cost has been considerable, whether measured in terms of public health or economic fallout. In a bid to constrain the ...

<p>This policy brief examines how to increase sustainable investments by public institutional investors in Asia and the Pacific. To leverage the largely untapped potential of pension funds and sovereign wealth funds in ...