This paper estimates the growth impact of disasters, with a focus on developing Asia and its subregions. It finds that … severe disasters slow down annual growth in the Pacific island countries by between 1 and 2 percentage points on average … to the footprint of major natural hazards. The growth impact is less clear for other regions and worldwide, mainly …

give rise to a silver dividend that contributes to economic growth (ADB 2019). While the demographic dividend refers to the … sources of growth in an aging society. Extending Lee and Shin (2021) to include developing countries, we examine the potential … for a silver dividend by investigating the channels through which population aging affects economic growth. We find that …

-side policies that foster productivity growth will be vital for sustaining developing Asia's future growth in the postcrisis period …-term challenge of sustaining growth beyond the crisis. The central objective of this paper is to empirically investigate the sources … of economic growth in 12 developing Asian economies during 1992-2007 via a two-stage analysis. In the first stage, we …

prospects as an engine of growth. Our analysis resoundingly confirms the conventional wisdom of an underperforming service …

The underdeveloped service sector in Asia has the potential to become a new engine of economic growth for developing … Asia, which has traditionally relied on export-oriented manufacturing to power its growth. The central objective of this … paper is to empirically analyze the prospects for the service sector as a future engine of growth. Our analysis of 12 Asian …

jobs needed. There is no policy leading to inclusive growth, and multiple, uncoordinated governing bodies adversely affect … the growth of the sector. Many regulations are outdated, and there are restrictions and barriers on foreign direct … investment. While India is among the top 10 World Trade Organization members in service exports and imports, the growth and …

We review the growth experience of middle-income countries. Economic factors associated with growth appear to differ … between middle income and other countries. The efficiency of the financial system is importantly related to the growth rate in …

This paper revisits the impact of population aging on economic growth. In order to understand the impact of population … aging on economic growth, it is important to consider the changes in the entire age distribution of demography. Our … working-age population lowers economic growth. We also investigate the effect of technological advances on the relation …

-side policies that foster productivity growth will be vital for sustaining developing Asia’s future growth in the postcrisis period …-term challenge of sustaining growth beyond the crisis. The central objective of this paper is to empirically investigate the sources … of economic growth in 12 developing Asian economies during 1992–2007 via a two-stage analysis. In the first stage, we …