Investments in transportation infrastructure can impact the environment beyond their immediate surroundings. This paper builds an interregional trade model to estimate the general equilibrium effects of changes in infrastructure on deforestation. Using panel data on the evolution of the...

Too many children are not learning to read in the East Asia and Pacific region's middle-income countries. In some countries in the region, such as the Lao People's Democratic Republic and the Philippines, more than 90 percent of 10-year-olds cannot read and understand an age-appropriate text. To...

The global food supply chain experiences a loss of approximately one-third of the food produced, making food loss in international trade a significant threat to food and nutrition security and economic loss. Bangladesh, a major producer of vegetables and fruits, faces constraints such as...

Although the economic success of Amazon Prime has been widely reported in the mass media, few empirical studies have carefully quantified the economic value, consumer welfare impacts, or public policy implications of the subscription program. This study contributes to this economic literature by...

We study the co-movement of credit and equity markets in four Asia-Pacific countries at firmand index level. First, we establish realized volatility as an important determinant of CDS spreadlevels and changes. Second, we examine lead-lag relationships between CDS spreads, volatility and stock...

Timely and equitable access to vaccines and other health technologies is vital in effectively responding to pandemics and treating other communicable diseases. This paper shows how countries might overcome real or purported intellectual property (IP) barriers to regional COVID-19 vaccine...