This research dives deep into the interplay between environmental technology, environmental taxes, and renewable energy consumption, emphasizing their collective influence on ecological footprints within the East Asian context. The scrutiny period extends from 1999 to 2019, encompassing five...

In light of recent pronouncements of tariff hikes in the United States (US) and the retaliatory responses of major economies such as China, Canada, and Mexico, this paper revisits the global value chains (GVC) experience of the Philippines amid the trade tensions between China and the US from...

This study examines recent changes in international production networks facing various risks. We primarily investigate how import sources of the European Union (EU) countries in machinery industries have changed from the pre-pandemic to the post-pandemic period using monthly and annual...

This study examines recent changes in international production networks facing various risks. We primarily investigate how import sources of the European Union (EU) countries in machinery industries have changed from the pre-pandemic to the post-pandemic period using monthly and annual...

This study examines family control's direct and indirect impacts (mediated by opacity) on crash risk in East Asian firms. We hypothesize that family control can mitigate agency problems of bad news hoarding due to increasing firm opaqueness. We chose six East Asia countries as the research...

This paper draws a concise overview of the economic relationship between the European Union (EU) and selected Asian regions in the context of the twin transition - green and digital. A series of significant initiatives adopted in recent years to consolidate the cooperation with these regions are...

In light of recent pronouncements of tariff hikes in the United States (US) and the retaliatory responses of major economies such as China, Canada, and Mexico, this paper revisits the global value chains (GVC) experience of the Philippines amid the trade tensions between China and the US from...

East Asia and the Pacific remains one of the most dynamic regions in the world. Yet, when measured against its own past performance and potential, the region has under-performed. Growth in most economies - and even output in several Pacific Island economies - has not returned to pre-pandemic...

This book argues that a resilient region should act reactively and proactively in the face of shocks and disruptions and asserts that the institutionalization of regional cooperation may be the answer to development challenges in times of uncertainty and instability. It considers regional,...

Inspired by Confucianism, Daoism, and Buddhism, many East Asian ethical leaders have aspired to emulate seemingly unattainable sages and buddhas throughout history. This aspiration challenges the common psychological view that significant gaps between role models and actual selves might hinder...

Over the last half century East Asia has become the global economy's manufacturing hub. Powerful trends have made a military conflict in East Asia, especially over Taiwan, more likely since 2016. The most important of these are China's rapid military modernisation and increasing number of...

In this article, we present an analysis of how East Asian states (specifically, Japan, South Korea and Taiwan) are adapting to the emerging geopolitical contexts of the "great powers competition" between the United States and China. To the extent that the previous literature on GPN/GVC...

Against the backdrop of the Russia-Ukraine (R-U) conflict, this paper investigates the convergence process of the bond market in East Asia from 2010 to 2024, focusing on the impact of the R-U crisis on bond yield convergence. Our findings show convergence toward both benchmarks, with an...

This paper employs a cross-country regression to investigate the role of education in the growth of nations. The sample includes 101 countries over the period from 1980 to 2015. We have found that education, in general, has significant effects on economic growth. For the robustness of the...

East Asia is undergoing a rapid demographic transition and "super" aging. As a result of steadily decreasing fertility and increasing life expectancy, older people's proportion of the population and the old-age dependency ratio is rising across all countries in East Asia, particularly in the...

This edition of the Macro Poverty Outlooks periodical contains country-by-country forecasts and overviews for GDP, fiscal, debt and poverty indicators for the developing countries of the Sub-Saharan Africa region. Macroeconomic indicators such as population, gross domestic product, and gross...

Most economies in developing East Asia and Pacific (EAP) are growing faster than the rest of the world but slower than before the pandemic. Slowing global growth, still tight financial conditions, and an increase in trade protection and industrial support in large and rich countries are key...

The importance of data in the economy is exponentially growing. Although the amount of data generated and analyzed in the economy has always grown, the recent growth in data generation and the advancements of analytic technology are much faster than in the past. Open data, which grants the right...

This paper examines how geography matters for the location of industries in East Asia, employing regression analyses on a novel and comprehensive regional GDP dataset. This study examines how geography affects industrial location patterns, particularly the role of infrastructure, such as ports...

Competition increases productivity boosting innovation and economic growth. Competition fosters cost reductions, innovation and promotes productivity growth. This paper reviews global and regional trends on conglomeration in digital markets, especially through mergers and acquisitions. In recent...

This paper studies China's four-fold increase in per capita GDP relative to the U.S. between 1995 and 2019. First, we argue that China's growth pattern is very similar to that of several other East Asia economies that initially grew very quickly. Second, we show that a minimalist...

The world's two largest economies, the United States and China, are locked in a trade war, complicating policy choices internationally. These choices are sharper for the countries of East and Southeast Asia than they are elsewhere, because the multilateral rules-based economic order on which...

The year 2023 commemorates the 30th anniversary of the publication of the influential, yet controversial, study The East Asian Miracle report by the World Bank (1993). An important part of the report's analysis was concerned with the sources of growth in East Asia. This was based on the...

After successful government-led afforestation projects, what are the challenges for forest management in the face of climate change in East Asia? This reprint presents studies from the natural and social sciences related to forest conservation, engineering, disaster sociology, and forest policy...

We use monthly birth data collected by the Human Fertility Database to analyze the impact of the COVID‐19 pandemic on birth trends until September 2022 in 38 higher‐income countries. We also present estimates of the monthly total fertility rate adjusted for seasonality. Our analysis reveals...

This study examines bond market convergence in East Asia from 2010 to 2022, with a focus on the Russia-Ukraine conflict. Using high-frequency bond yield data from multiple countries, the analysis reveals a gradual convergence in East Asian bond markets, driven more by global integration than...

This paper examines the stock market exposures of French and German firms to the Korean won and the Japanese yen. If a European firm competes with an Asian firm, an appreciation of the euro relative to its competitors’ currency should lower its profitability and its stock price. If a European...