This report summarizes key results from a 2012 survey of businesses in Papua New Guinea. It compares the results with the 2002 and 2007 surveys and shows that, while the business environment has improved since 2002, doing business in Papua New Guinea remains extremely challenging. Continued...

This economic report on Tonga is the result of a joint project of the Asian Development Bank (ADB) and the Australian Agency for International Development. It is part of ADB’s Pacific Islands Economic Report series, which aims to assist governments in formulating policy by analyzing a...

The Monitor provides an update of developments in Pacific economies and explores topical policy issues.

The Quarterly Economic Update (QEU) provides a comprehensive and updated analysis of the recent economic performance of Sri Lanka. The QEU for July 2012 highlights the expected economic slowdown in 2012. With inflation trending up, monetary tightening is expected to continue for a longer period....

This report investigates urbanization trends across the 14 Pacific developing member countries of the Asian Development Bank. It examines the history of Pacific urbanization, current state of infrastructure and service provision within urban areas, and systems of urban governance. It presents...

Asia is on the rise with increasing significance in the global economy. In parallel, regional cooperation and integration is becoming stronger, bringing both benefits and costs. The region is diverse, and so are the challenges that must be overcome to achieve greater trade and financial...

Asia’s phenomenal growth over the past few decades has been driven by the rise of Factory Asia. However, the global financial crisis and uncertain growth prospects in the United States and the eurozone have dampened demand for Asian exports. At the same time, rising wages threaten to erode the...

Access to improved water supply and sanitation results in economic development and poverty reduction, ensures food safety and better livelihoods, preserves the environment, reduces health burden, and empowers communities and provides opportunities for women. The Asian Development Bank (ADB) has...

The private sector contributes to economic development by generating jobs and incomes, as well as through investments, new technologies, knowledge transfer, and enhanced productivity. This is particularly true in Asia and the Pacific, where much of the recent success in reducing poverty has been...

This publication reviews recent developments in East Asian local currency bond markets along with the outlook, risks, and policy options. It covers the 10 members of the Association of Southeast Asian Nations plus the People’s Republic of China; Hong Kong, China; and the Republic of Korea. It...