In this paper, we perform different simulations to assess the effect of the Trump administration's international trade policy on the Chinese and American economies in the next five years. To do so, we develop a new economic simulator, namely the “Foreign Trade War Smash Wave Effect Simulator...

"The book documents the evolution of Asia's infrastructure over the past half-century and reviews existing literature on the role of infrastructure investment in supporting growth and social development. It highlights the implications of tax financing and mass transit investments on land and...

This study examines the impact of bond markets on both bank profit and cost efficiency. By employing the stochastic frontier approach and utilizing a large micro dataset for 926 banks covering 27 economies from the Asia and Pacific region over the period from 2004 to 2017, we find that both the...

This study examines the impact of bond markets on both bank profit and cost efficiency. By employing the stochastic frontier approach and utilizing a large micro dataset for 926 banks covering 27 economies from the Asia and Pacific region over the period from 2004 to 2017, we find that both the...

This study examines the impact of bond markets on both bank profit and cost efficiency. To do so, we employ the stochastic frontier approach and utilize a large micro-dataset of 926 banks from 27 Asia-Pacific economies in 2004-2017. We find that both bond market development and bond market...

Population aging is perhaps the single biggest economic and social obstacle confronting Asia's future. The region-wide demographic transition towards an older population is fundamentally reshaping the demographic landscape, and is giving rise to two key socio-economic challenges. This timely...