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For ADB members in Asia and the Pacific, stronger tax systems are now more important than ever-to boost revenues enabling recovery from the economic shocks of COVID-19, and to reinforce implementation of Sustainable Development Goals. Using comparative data up to the fiscal year 2020 and drawing from the International Survey on Revenue Administration (ISORA 2021), this sixth edition in our series analyzes the administrative setups and performance...
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This publication sets out a framework for measuring the importance of the digital economy in national and global production processes. Amid the growing interest in the digitalization of socioeconomic activities, there is a lack of consensus on an established framework to estimate the digital economy. This report proposes a definition of the core digital economy and an input-output analytical framework to measure it. Applying this framework to selected...
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This issue explores how Pacific developing member countries can strengthen their post-pandemic social protection systems to help address long-standing development concerns and boost resilience to further shocks. It assesses individual countries' economies and outlines ways they could improve their social protection systems, despite depleted resources. Exploring megatrends facing the subregion, including population ageing and migration, it shows how...
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This publication proposes a new independent regulatory body for Indonesia's electricity sector, in particular for investment planning, procurement, tariff setting, and electrification. A situational analysis and review of stakeholder opinions strongly indicates that the current decision-making structures in the electricity sector of Indonesia are inadequate. The publication explains the current context and issues in operations and processes. It provides...
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A sharp increase in nonperforming loans (NPLs) could destabilize financial systems in Asia and the Pacific and compromise post-pandemic economic recovery. This report explains how trading distressed assets could help relieve pressure on banks to ensure they have the capacity to continue financial intermediation. It examines the feasibility of establishing an electronic marketplace to facilitate the trade of NPLs in the region. Designed to serve as...
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These guidelines explain the ASEAN+3 Multi-Currency Bond Issuance Framework (AMBIF) and relate AMBIF Elements to the corresponding features of the professional Philippines bond market. The guidelines highlight market characteristics that are significant for issuers and investors and review the regulatory processes required for issuing different types of debt securities. The guidelines are an output of the ASEAN+3 Bond Market Forum and were developed...
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This report traces the journey and partnership of the People's Republic of China (PRC) and the Asian Development Bank (ADB) over the past decade in four areas: environmental protection and ecological conservation, rural economy, green livable cities, and climate change mitigation and adaptation. It highlights how the green development partnership between the PRC and ADB has evolved over the years. Best practices, innovations, and lessons learned offer...
8) Public Financial Management Systems-Myanmar: Key Elements from a Financial Management Perspective
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This report documents Myanmar's financial management systems, covering primarily the areas of budgeting, funds flow, accounting and reporting, and auditing systems. It provides insights into the quality of internal control systems, staffing resource capacity, and information technology structure. The report aims to provide enhanced insights to stakeholders on financial management systems with the objective of improving the quality of financial management...
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Brunei Darussalam, Indonesia, Malaysia, and the Philippines need to bolster cooperation in their special economic zones (SEZ) to spur sustainable growth. This publication maps out and assesses the economic performance of SEZs across the Brunei Darussalam-Indonesia-Malaysia-Philippines East ASEAN Growth Area. It highlights challenges they face including growing competition for foreign investment, international trade disputes, and digital transformation....
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This publication analyzes the risks of digital transformation and shows how context-aware and integrated risk management can advance the digitally resilient development projects needed to build a more sustainable and equitable future. The publication outlines ADB's digital risk assessment tools, looks at the role of development partners, and considers issues including cybersecurity, third-party digital risk management, and the ethical risks of artificial...
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Technology-based startup enterprises are an increasingly important part of the business landscape in Asia and the Pacific. By applying innovative technologies to create new products and services, they can make a significant contribution to economic development while generating social and environmental benefits. However, to survive and then thrive, tech startups require an enabling ecosystem that includes supportive government policy, and adequate...
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This report explains how rising climate and disaster risk is set to increase the vulnerability of Asia and the Pacific region's urban poor and identifies how to engender systemic change to strengthen their resilience. It stresses the need for targeted actions to tackle the underlying drivers of vulnerability and to make the urban poor central to decision-making. It shows why households, neighborhoods, and cities are key entry points for the investment...
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This knowledge product explains the rationale and procedures for incorporating allowances for climate change in detailed engineering design, with a focus on credible adjustments to extreme rainfall and to mean and high-end sea-level rise. Highlighting worked examples drawn from Viet Nam's road transport sector and peer-reviewed research literature, it offers a point of departure for more sophisticated assessments of high-risk projects. It presents...
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The "leave no one behind" principle espoused by the 2030 Agenda for Sustainable Development requires measures of progress for different segments of the population. This entails detailed disaggregated data to identify subgroups that might be falling behind, to ensure progress toward achieving the Sustainable Development Goals (SDGs). The Asian Development Bank and the Statistics Division of the United Nations Department of Economic and Social Affairs...
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With prayers for healing, peace, and strength for today, 100 Favorite Bible Prayers invites you to rest in God's presence as you develop the practice of praying through the great prayers of the Bible.
Discover the life-changing power of conversation with God as you immerse yourself in the richest prayers of the Old and New Testaments. From Hannah's prayers for a child to Jesus' prayer in Gethsemane, the prayers of Scripture remind us of God's longing...
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This publication covers the review and assessment of existing and potential of trade in Kazakhstan, Tajikistan, and Uzbekistan along the proposed Shymkent-Tashkent-Khujand Economic Corridor (STKEC). The assessment explores the transit of international goods in the three cities and oblasts (administrative regions) in STKEC and trade regimes in the three countries. The publication also, identifies and analyzes existing barriers and opportunities for...
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This study examines how Sri Lanka achieved countrywide electrification by 2016 and looks at its socioeconomic impact. It notes that electrification helped raise living standards and triggered rapid development in rural areas, creating new investment opportunities at the national level. The study was initiated by Sri Lanka's Ministry of Power and Renewable Energy with support from the Asian Development Bank.
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Digital trade promotion has been a long-standing priority for CAREC member countries, as part of their integration into global value chains and economic diversification. This study examines the legal environment on electronic transactions as well as the opportunities and challenges in expanding electronic commerce in the CAREC region. It makes a case for modernization and harmonization of laws of CAREC countries leveraging on international instruments...
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This publication presents the integration of a Strategic Environmental Assessment (SEA) in the revised Power Development Plan VII of Viet Nam. It demonstrates how incorporating an SEA into the planning process will produce plans that are based on a more thorough understanding of their implications for the economy, society, and environment of the country. Viet Nam's revised Power Development Plan VII is a model of good practice in integrating an SEA...
20) Manual on Climate Change Adjustments for Detailed Engineering Design of Roads Using Examples from
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This step-by-step manual describes procedures for climate change adjustments relative to extreme rainfall and local sea level estimates. The principles presented are based on worked examples discussed in the knowledge product accompanied by this manual. While the overall approach on climate change adjustment procedures and calculations are intended to be as transparent as possible, key sources of information and assumptions are open to scrutiny as...
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