Sustainable Growth Newswire

EPF compiles a selection of policy oriented-research from around the globe pertaining to its policy initiatives. To receive a weekly email of the newswire, please subscribe to our newsletter

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Macroeconomic Shocks and Unconventional Monetary Policy: Impacts on Emerging Markets

Asian Development Bank  
Policy Initiative: Sustainable Finance
2. August 2019

Shocks stemming from the global financial crisis have had wide-reaching effects on macroeconomic financial stability in emerging Asia. Barely two decades after the Asian financial crisis, Asia was suddenly confronted with multiple challenges originating from outside the region: the 2008 global financial crisis, the European debt crisis, and finally developed economies’ implementation of unconventional monetary policies. The implementation of quantitative easing, ultra-low interest rate policies, and negative interest rate policies by a number of large central banks has given rise…

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Global Environment Outlook 6 For Industry in Asia-Pacific

United Nations Environment Programme  
Policy Initiative: Climate Action
2. August 2019

Asia and the Pacific’s unrelenting industrial development has been a driving force in the economic growth of scores of countries in the region and beyond. This shift has led to greater prosperity, increased urbanization and sustained population growth. Yet as the region has become the “world’s factory”, it is increasingly realising not only the benefits but the challenges of industrial development. These challenges are often environmental in nature. The 6th Global Environment Outlook, showed us that sustainable development was at…

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The Role of Artificial Intelligence in Supporting Development in Emerging Markets

International Finance Corporation  
Policy Initiative: Digital Economy
2. August 2019

Artificial Intelligence has enormous potential to augment human intelligence and to radically alter how we access products and services, gather information, make products, and interact. In emerging markets, AI offers an opportunity to lower costs and barriers to entry for businesses and deliver innovative business models that can leapfrog traditional solutions and reach the underserved. With technology-based solutions increasingly important to economic development in many nations, the goals of ending poverty and boosting shared prosperity may become dependent on harnessing…

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Asia’s Future is Now

McKinsey & Company  
Policy Initiative: Digital Economy
2. August 2019

One of the most dramatic developments of the past 30 years has been emerging Asia’s soaring consumption and its integration into global flows of trade, capital, talent, and innovation. In the decades ahead, Asia’s economies will go from participating in these flows to determining their shape and direction. Indeed, in many areas—from the internet to trade and luxury goods—they already are. The question is no longer how quickly Asia will rise; it is how Asia will lead. McKinsey & Company…

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Environmental Regulation: Lessons for Developing Economies in Asia

ADB  
Policy Initiative: Climate Action
26. July 2019

Developing countries in Asia face a variety of environmental challenges. Although environmental economics grew mostly out of the experience of developed countries, decades of environmental economics research offer important and useful lessons for environmental regulation in developing countries in Asia. We synthesize the theoretical and empirical literature on environmental regulation and highlight important insights on formal regulation such as taxes, standards, and tradable permits, as well as on informal regulation such as information and voluntary approaches. We also discuss directions…

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Setting Sail towards Zero Emissions in Shipping

IFC  
Policy Initiative: Sustainable Infrastructure
26. July 2019

The shipping sector emits 1 billion tons of carbon dioxide per year, representing about 2.5 percent of global greenhouse gas emissions. But change is on the horizon. This new industry brief highlights the progress towards the creation of a more sustainable shipping industry. It chronicles the recent regulatory changes and commitments on the part of major shipping companies aimed at decreasing the industry’s environmental footprint. New environmental regulations and standards will make greenhouse gas abatement the industry norm, yielding new…

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Data Innovation for a Stronger Social License

IFC, BHP Foundation  
Policy Initiative: Digital Economy
26. July 2019

Can data help firms increase profits while decreasing social friction? This report shows how firms in the natural resources sector can leverage new sources of data to form and deepen relationships with local communities and stakeholders in ways that are profitable, inclusive, and sustainable for all parties concerned. The report showcases the experience of firms in collecting, analysing, and sharing this data and provides a practical set of guidelines for them to implement smart data strategies. IFC, BHP Foundation | Data…

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Caution! PPP Work in Progress

World Bank  
26. July 2019

Of the 30 years since PPP projects emerged in developing-country markets, the Public-Private Infrastructure Advisory Facility (PPIAF) has been working in the last 20—happy 20th anniversary PPIAF!—to establish regulatory frameworks for government PPP programs. We’ve provided technical advice to the most prolific users of PPPs in the developing world, as well as to the newest PPP units on the globe. World Bank | Caution! PPP Work in Progress

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