Economic Research Publications

The Impact of a People’s Republic of China Slowdown on Commodity Prices and Detecting the Asymmetric Responses of Economic Activity in Asian Countries to Commodity Price Shocks

Adopting a structural dynamic regression and censoring positive and negative shocks, findings suggest limited evidence of any asymmetric response of economic activity to positive and negative commodity price shocks.

Effects of the People’s Republic of China’s Structural Change on the Exports of East and Southeast Asian Economies

The People’s Republic of China’s structural transformation from an export- and investment-led economy to a domestic demand- and consumption-led economy is likely to have a significant impact on its import structure.

Asian Development Outlook 2016 Supplement: Asia's Growth Prospects Undimmed by Brexit Vote

Developing Asia’s growth outlook this year is revised slightly down from that published in March in Asian Development Outlook 2016 with growth forecast for developing economies at 5.6%. For 2017, growth is seen unchanged at 5.7%.

Understanding Recent Trends in Income Inequality in the People’s Republic of China

Evidence suggests that reversal of key drivers of rising income inequality in the People's Republic of China, with the exception of wealth inequality, could partly explain the decline in income inequality since 2008.

Deflation in Asia: Should the Dangers Be Dismissed?

The traditional view is that deflation can lead to a vicious cycle of falling demand and prices. However, another school of thought emphasizes the role of positive supply shocks and takes a more benign view.

Asia Bond Monitor - June 2016

Bond yields in most emerging East Asian markets fell between 1 March and 15 May amid a weak global economy. The exceptions were the People’s Republic of China (PRC) and the Philippines, where yields generally picked up.