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Project detail:
The TA subproject will support the production of the ADO 2025, and ADPR 2025 two of ADB's major publications. It will support the following activities: (i) preparing background analytical papers following the 2-year rolling research plan, (ii) further developing and refining analytical methods, (iii) drafting of ADO content, (iv) editing economic content and manuscripts, (v) preparing and laying out of materials for publication, and (vi) disseminating key results and policy messages.
Project Rationale and Linkage to Country/Regional Strategy Policy - makers in ADB's developing member countries (DMCs) have been tested by some serious new challenges since 2019. In 2020, the coronavirus disease pandemic caused the region's first contraction in gross domestic product in 6 decades. Shrinking revenues and higher spending on safety nets worsened fiscal deficits and public debt, limiting investment capacity. The Russian invasion of Ukraine in 2022, which drove up energy and food prices, increased inflation, and slowed poverty reduction, disrupted recovery efforts in developing Asia. As these shocks subsided, trade, geopolitical, and economic tensions intensified, posing new challenges. New rounds of tariff increases by the United States announced on 2 April 2025 could increase global fracturing. Geopolitical conflicts in the Middle East and elsewhere could disrupt supply chains. Threats from climate change continue to grow: rising temperatures, extreme weather events, and sea level rise could cause economic losses of up to 24% across Asia and the Pacific by 2100, with higher losses in Southeast Asia and India. Even technological advancements, which will continue to drive growth, present risks such as workforce displacement and a growing digital divide.
Note: please download project document attached to this project for more information.
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