Global value chains (GVCs) have been a vehicle for job creation in developing Asia, but there is mounting concern that more sophisticated and cost-effective technology could displace workers through automation or reshoring of production. We use the demand-based input–output approach in...

This paper examines the trends in skill and activity upgrading in global value chains (GVCs) and the drivers of upgrading in Asian economies. It uses the newly constructed ADB Multi-Region Input- Output Tables as well as occupation data on jobs by educational attainment and business activities,...

Global value chains (GVCs) have been a vehicle for job creation in developing Asia, but there is mounting concern that more sophisticated and cost-effective technology could displace workers through automation or reshoring of production. We use the demand-based input-output approach in Reijnders...

Global value chains (GVCs) have been a vehicle for job creation in developing Asia, but technology can also displace workers through automation or reshoring of production. We use an input–output approach to examine how employment responded to consumption, trade, and technological progress in...

We derive a Frankel-Romer instrument from a global trade matrix of 157 countries over the period 1990-2007, and deploy it to assess the relationship between international trade, domestic market potential and income for the case of developing Asia, compared to the world average. The findings from...

The Asian Development Outlook (ADO) provides growth and inflation forecasts for more than 40 economies in the region. This paper assesses the accuracy of those forecasts against actual outcomes for the years from 2008 to 2011. The World Economic Outlook (WEO) forecasts by the International...

This is done in relation to the benchmark of World Economic Outlook (WEO) projections by the International Monetary Fund. Amid much heterogeneity across countries and years, it has been found that ADO and WEO projections overlap quite closely. Both are inaccurate, especially during crisis years,...

This paper examines the trends in skill and activity upgrading in global value chains (GVCs) and the drivers of upgrading in Asian economies. It uses the newly constructed ADB Multi-Region Input-Output Tables as well as occupation data on jobs by educational attainment and business activities,...

The central objective of this paper is to empirically examine the issue of fiscal sustainability in developing Asia. To do so, we first diagnose the region's public finances by analyzing the evolution of key fiscal indicators over time and across subregions. We then estimate fiscal policy...