In this paper, we assess electric vehicle (EV) tax credits in the US Inflation Reduction Act (IRA), the largest significant action in favour of climate change in US history. We find that the provisions of the IRA have so far done little to increase the uptake of EVs by US households, accounting...

The last decade has witnessed the development and implementation of two major infrastructure initiatives: China's Belt and Road Initiative (BRI) and the Partnership for Global Infrastructure and Investment (PGII) by the United States and the G7 countries. The escalating political confrontation...

Over the past several years, North Korea has adopted legal changes that are increasing the centrality of the Workers Party of Korea and the state in agricultural production, distribution, and consumption. This development changes the basic nature of food insecurity in North Korea from one in...

This study examines the impact of financial development on green growth in ASEAN-6 countries, offering empirical insights relevant to ongoing efforts toward sustainable economic development. A key contribution of the study is its focus on the moderating role of institutional quality in this...

This study analyzes the integration of South Asia into global value chains (GVCs) through a value-added decomposition framework that distinguishes simple and complex participation modes. Using the Asian Development Bank Multi-Regional Input-Output database, which spans two decades, the study...

This paper examines the origins, evolution, and emerging trends in Japan's international cooperation, focusing on its Official Development Assistance (ODA) and the newer Official Security Assistance (OSA). While initially aimed at diplomatic normalization, Japan's approach has consistently...

Female labor force participation plays a significant role in driving the economic development of a country across various sectors. The previous literature suggests that increasing female labor force participation contributes to economic growth, the sector-specific impact remains unclear. The...

The Fourth Industrial Revolution is reshaping global value chains (GVCs), creating new strategic imperatives for export-oriented small and medium-sized enterprises (SMEs). This study elucidates how technology adoption translates into enhanced export performance for Korean SMEs. Drawing on survey...

This paper examines the effects of unemployment and low wages on mental health in India. The analysis applies cross-sectional data from the Longitudinal Ageing Study in India (LASI), 2017-18. Seven different indicators of psychological distress are used. The relationships are estimated using the...

Oil prices have been high and volatile. This paper investigates how oil prices affect Indonesian stocks. Using Hamilton's (2014) method to decompose oil prices into portions driven by shocks to aggregate demand and to oil supply, the results indicate that demand-driven oil price increases...