This annual publication compiles comparable tax revenue statistics for 30 economies. Additionally, it provides information on non-tax revenues for selected economies. This tenth edition of the report includes a special feature on strengthening property taxation in Asia.
Developing Asia faces greater uncertainty from the Russian invasion of Ukraine even as the region continues to contend with COVID-19 outbreaks. The war has sent shockwaves across financial and commodity markets. The highly transmissible Omicron variant has fueled a sharp rise in cases in the region, though its less severe health impact, coupled with increased immunity, has allowed economies to remain relatively open. As such, growth in the region is forecast to remain strong, supported by recovering domestic demand. The Russian invasion of Ukraine, aggressive monetary policy tightening in the US, and renewed COVID-19 outbreaks pose near-term risks to the outlook, alongside medium-term risks such as rising inequality due to school closures. Fiscal resources are needed to aid recovery and support sustainable development. But deficits and debt expanded substantially during the pandemic. Mobilizing taxes and optimizing tax incentives needs to be combined with improved spending efficiency to help developing Asia achieve its development objectives.
This comprehensive and up-to-date collection of data on the Asian construction sector presents a unique guide to construction economics in the following countries: Australia, China Mainland, China Hong Kong, India, Indonesia, Japan, Korea, Malaysia,
This title illustrates an excellent way to view the dynamic growth of Asia and Australia and features some of the tallest buildings in the world. It would make an excellent reference work.
Providing a thorough and novel account of US and Japanese foreign policymaking toward regional institution-building in post-Cold War Asia, this study serves as the first comparative analysis of these two major actors in this realm of regional cooperation and demonstrates not only how but also when state identity shapes a state's foreign policy.
Building Global Infrastructure is the fourth in a series of volumes-Patterns of Potential Human Progress-that uses the International Futures (IFs) simulation model to explore prospects for human development: how development appears to be unfolding globally and locally, how we would like it to evolve, and how better to assure that we move it in desired directions. Earlier volumes addressed the reduction of global poverty, the advance of global education, and the improvement of global health. Volume 4 sets out to tell the story of the future of global infrastructure. The approach used in this book focuses on the question of whether individual societies will be able to meet future infrastructure demands. Related questions include the following: * What is the range of realistically conceivable futures for infrastructure, considering both demand and supply? * How are the demands for infrastructure balanced with the ability to meet these demands, thereby linking the physical and financial treatment of infrastructure? * What are the effects of providing for infrastructure on issues such as economic productivity and health?
Adaptive reuse refers to reusing an old building for a purpose other than which it was originally built or designed. This conservation approach has become increasingly popular around the world. However, there are few publications that focus on its application in Asia. This book fills this gap by looking at both unique and shared aspects of adaptive reuse in three Asian urban centers: Hong Kong, Shanghai, and Singapore. Building on government policy documents and extensive field work, this book contextualizes adaptive reuse in each city and reveals the impetus behind a wide range of projects from revitalization in Hong Kong, commercial development in Shanghai, to community building in Singapore. The introductory chapter sets adaptive reuse within an international perspective, noting salient differences and similarities between Asia and other parts of the world. It also anchors the discussion within a regional perspective, focusing on the similarities and differences between Hong Kong, Shanghai, and Singapore. Each of the following four essays addresses a specific topic about adaptive reuse, including its relationship to urban development and sustainability, how it benefits heritage buildings, and how it reveals best practices in heritage conservation in Asia. The subsequent three essays, one for each city, supplemented with timelines, set out a clear framework for understanding the city-specific case studies that follow the essays. Afterwards, fifteen representative projects across the three cities are presented as in-depth case studies. The pairing of essays and case studies provides a detailed understanding of each city’s approach to adaptive reuse in the twenty-first century; a time when the need for sustainable development solutions are at the forefront. Intended for classroom use and professional readership, this book will be of considerable value in Asia, as well as elsewhere, providing material for stimulating and worthwhile discussion. “Asian Revitalization is a highly practical and accessible volume on the long-established conservation practice of adaptive reuse in East Asia. Its focus on real-life issues, examples, and challenges posed by revitalization programs in the region is extremely relevant to researchers and practitioners in architectural conservation, urban design, and urban studies.” —Miles Glendinning, University of Edinburgh, Scotland “This is a superb, well-documented, and original book written by some of the best-known and highly respected authors in the field of heritage conservation. The carefully examined case studies illustrate a wide variety of solutions that highlight the work of some of the best minds of the next generations.” —Alastair Kerr, University of Victoria, Canada “This is a most interesting set of essays, informative and thought-provoking. The best way to save any heritage building is by keeping it in beneficial use and how to achieve this in a sensitive manner is what these essays are about. They should be vital reading for anyone considering an adaptive reuse project in Asia.” —Michael Morrison, Purcell, UK “With cultural heritage firmly ensconced in the global development agendas of the United Nations, this well-grounded volume draws upon the experience of Hong Kong SAR, Shanghai, and Singapore to demonstrate to scholars and practitioners alike how historic properties can be sustained through savvy adaptive reuse in the midst of tremendous urban redevelopment pressures.” —Montira Horayangura Unakul, UNESCO Bangkok, Thailand
This report analyzes how rising non-performing loans (NPL) pose a risk to banking sector stability in some Asia and Pacific economies and shows how electronic trading platforms can strengthen NPL markets, bolster cross-border transactions, and enhance transparency. Drawing on insights from economies such as the People’s Republic of China and the Republic of Korea, it outlines a blueprint for addressing the legal, regulatory, and technical challenges of NPL trading platforms. It proposes 10 steps economies can follow to establish online platforms which can help attract foreign investment, improve pricing, and foster financial resilience across the region.
Over the past decade, Northeast Asia has been dominated by quite significant strategic change, which is ongoing and brings with it many uncertainties. naval capabilities in Northwest Asia are instrumental in promoting maritime security interests - helping to build a stable security environment through active participation in regional naval co-operation. This landmark book explores the region's maritime peace and stability, and examines in depth the strategic, military and apolitical issues that underpin any effort to develop maritime co-operation.