“A truly great writer” returns to the Midwest characters and setting of his landmark debut novel, The End of Vandalism (Esquire). When fourteen-year-old Micah Darling travels to Los Angeles to reunite with the mother who abandoned him seven years ago, he finds himself out of his league in a land of magical freedom. He does new drugs with new people, falls in love with an enchanting but troubled equestrienne named Charlotte, and gets thrown out of school over the activities of a club called the New Luddites. Back in the Midwest, an ethereal young woman comes to Stone City on a mission that will unsettle the lives of everyone she meets including Micah’s half-sister, Lyris, who still fights fears of abandonment after a childhood in foster care, and his father, Tiny, a petty thief. An investigation into the stranger’s identity uncovers a darkly disturbed life, as parallel narratives of the comic and tragic, the mysterious and everyday, unfold in both the country and the city. “Pacific is a terrific book, and a strange one, as strange as the world and the great literature that helps us make our way through it.” —The New York Times Book Review “On the surface, Pacific is a disarmingly plain tale about people managing loss. But look closer, and you’ll see it’s as deep as the ocean it’s named after.” —San Francisco Chronicle “If The End of Vandalism provided a world for readers to slow down and catch their breath, Pacific is determined to knock it out of them.” —New York Observer
Throughout Asia and the Pacific, gross domestic product growth in 2010 has recovered significantly after the economic downturn of 2008-2009. Employment grew and poverty was reduced but the quality of jobs in Asia remains inadequate. This issue of the Key Indicators highlights the crucial role of higher quality employment in economic growth and poverty reduction in Part I--- Toward Higher Quality Employment in Asia---followed by statistical tables in Parts II and III with short, nontechnical commentaries on economic, financial, social, and environmental developments. Part II comprises the first set of statistical tables and commentaries, which look at the Millennium Development Goals and progress in the region toward achieving key targets. The second set of tables, which are in Part III, is grouped into seven themes providing a broader picture of economic, financial, social, and environmental developments. The aim of the publication is to provide the latest key statistics on development issues concerning Asian and Pacific economies to a wide audience including policy makers, development practitioners, government officials, researchers, students, and the general public. This year, the Asian Development Bank presents a special supplement to the Key Indicators--- theFramework of Inclusive Growth Indicators, which defines inclusive growth and measures countries' progress in ensuring that economic growth benefits all.
The Key Indicators for Asia and the Pacific 2013 (Key Indicators), the 44th edition of this series, includes the latest available economic, financial, social, and environmental indicators for the 48 regional members of the Asian Development Bank. This publication aims to present the latest key statistics on development issues concerning the economies of Asia and the Pacific to a wide audience, including policy makers, development practitioners, government officials, researchers, students, and the general public. Part I of this issue of the Key Indicators is a special chapter---Asia's Economic Transformation: Where to, How, and How Fast?. Parts II and III comprise of brief, non-technical analyses and statistical tables on the Millennium Development Goals and seven other themes. This year, the 2013 edition of the Framework of Inclusive Growth Indicators, a special supplement to Key Indicators is also included. The statistical tables in this issue of the Key Indicators may also be downloaded in MS Excel format from this website or in user-specified format at SDBS Online. The statistical tables are complemented by a visualization tool that is intended to provide users with an alternative way to look at some of the development issues concerning the economies of Asia and the Pacific.
The 47th edition of this series, includes the latest available economic, financial, social, and environmental indicators for the 48 regional members of the Asian Development Bank. It presents the latest key statistics on development issues concerning the economies of Asia and the Pacific to a wide audience, including policy makers, development practitioners, government offi cials, researchers, students, and the general public. Part I of this issue presents the current status of economies of Asia and the Pacific with respect to the Sustainable Development Goals based on selected indicators from the global indicator framework. Part II comprises statistical indicators that capture economic, financial, social, and environmental developments. Part III presents key statistics and stylized facts on the phenomenon of global value chains.
In what may be the last memoir to be published by a living veteran of the pivotal invasion of Guadalcanal, which occurred almost seventy years ago, Marine Jim McEnery has teamed up with author Bill Sloan to create an unforgettable chronicle of heroism and horror McErery’s Rifle Company—the legendary K/3/5 of the First Marine Division, made famous by the HBO miniseries The Pacific—fought in some of the most ferocious battles of the war. In searing detail, the author takes us back to Guadalcanal, where American forces first turned the tide against the Japanese; Cape Gloucester, where 1,300 Marines were killed or wounded; and bloody Peleliu, where McEnery assumed command of the company and helped hasten the final defeat of the Japanese garrison after weeks of torturous cave-to-cave fighting. McEnery’s story is a no-holds-barred, grunt’s-eye view of the sacrifices, suffering, and raw courage of the men in the foxholes, locked in mortal combat with an implacable enemy sworn to fight to the death. From bayonet charges and hand-to-hand combat to midnight banzai attacks and the loss of close buddies, the rifle squad leader spares no details, chronicling his odyssey from boot camp through twenty-eight months of hellish combat until his eventual return home. He has given us an unforgettable portrait of men at war.
The Asia-Pacific Profile offers a unique combination of maps, diagrams, documents, and statistical data covering every state around and within the Pacific: North-East and South-East Asia, the western rim of Central and South America, the Pacific island states, the Russian Far East, North America, and Australia. Key features include over 25 historical and contemporary maps featuring flows of labour, trade, investment, tourists and telecommunications, and empires, wars, colonial struggles and environmental degradation; succinct surveys of historical developments and contemporary political issues; over 500 diagrams depicting key demographic, economic and social changes since 1970 with appendices showing the actual data used and their sources; and key documents that have shaped the Asia-Pacific including founding charters of contemporary organizations such as APEC, ASEAN, NAFTA and the WTO, treaties and declarations that started and later resolved conflicts within and between states over politico-economic issues, and essential social rights documents concerning indigenous peoples. The Asia-Pacific Profile has been designed for those studying or with a general interest in the politics, economics and international relations of the Asia-Pacific region.
No segment of the world's economy will be more affected in the drive to reduce greenhouse gas emissions than energy and fuels. The energy sector study, carried out by The Energy and Resources Institute, reviews recent experience in end-use energy efficiency, new technologies, and practices for higher efficiency in fossil fuel energy production as well as ways to expand energy production from renewable sources. Implications for energy security are derived along with recommendations for financing, technology transfer, and associated policy and institutional reforms.
This paper seeks to guide the reform of fiscal frameworks in Asia-Pacific in the context of calls for a more active fiscal policy in a shock-prone world. It highlights that the cost of fiscal support is large and that fiscal frameworks, including fiscal rules, are being put to the test given the sharp increase in debt, high interest and weaker growth prospects. The stress is only compounded by long-term challenges like aging populations, climate change and the need to deliver on the sustainable development goals. In this context, it is timely to review the effectiveness of fiscal policy in Asia-Pacific and seek for ways to strengthen fiscal frameworks. After the global financial crisis, fiscal policy in Asia-Pacific became more countercylical and stronger than in other regions—especially in advanced economies. The paper shows that the degree of countercyclicality has been asymetric, with larger responses during periods of weak growth, and in particular in response to large shocks—the global financial crisis and the pandemic. It highlights that responses to the pandemic were large and used a wide range of tools, and how fiscal and monetary policy complemented each as they responded to large shocks. It looks into the deterioration of debt dynamics in Asia-Pacific, as public debt has been rising persistently across most countries driven by declining growth and rising deficits—particualrly after the global financial crisis for advanced economies and after the pandemic for emerging market and low income countries. The paper reviews fiscal frameworks across Asia-Pacific, including the use of fiscal rules, medium-term fiscal frameworks, and fiscal councils. It describes the characteristics of fiscal rules, which usually focus on debt and budget balances and are set by law but tend to lack well-specified enforcement mechanism or escape clauses. It highlights that compliance with the rules has worsened following the pandemic as—in contrast with the outturns before the pandemic--Asia-Pacific countries tend to show larger deviations relative to other regions. It also shows that despite the increase adoption of medium-term fiscal frameworks in Asia-Pacific forward guidance has been hampered by the lack of binding targets and ex-post analysis. Moreover, they do not seem to have resulted in better macro-fiscal forecast in part due to weak capacity and enforcement, lack of integration with the annual budget, and exposure to shocks—with risk analysis mostly limited to qualitative discussions. Proposed reforms seek to implement a comprehensive, risk-based approach to public finances. They focus on strengthening the medium-term orientation of fiscal policy through credible medium-term fiscal plans, fiscal rules linked to the medium-term strategy and the annual budgets, and a stronger reliance on fiscal councils. They also emphasize the need for a broader view of the public sector as fiscal policy is being conducted through multiple channels, which requires assessing and managing vulnerabilities and a significant improvement in fiscal statistics. They also address aging and climate change by focusing on assessing large intergenerational trade-offs, reporting on long-term debt dynamics, and on green medium-term fiscal frameworks that incorporate the effects of climate change and climate policies.
The Key Indicators for Asia and the Pacific 2017, the 48th edition of this series, includes the latest available economic, financial, social, and environmental indicators for the 48 regional members of the Asian Development Bank. It presents the latest key statistics on development issues concerning the economies of Asia and the Pacific to a wide audience, including policy makers, development practitioners, government officials, researchers, students, and the general public. Part I of this issue presents the current status of economies of Asia and the Pacific with respect to the Sustainable Development Goals based on selected indicators from the global indicator framework. This year's report also discusses results from an initiative to facilitate the compilation of statistics on asset ownership from a gender perspective. Part II comprises statistical indicators that capture economic, financial, social, and environmental developments. Part III presents key statistics and stylized facts on the phenomenon of global value chains.
This book guides the implementation of trade facilitation measures and reforms in Asia and the Pacific. It attempts to bridge the gaps among policy makers, practitioners, and economists by outlining operational guidance on how to assess the status of trade facilitation, what measures and reforms are necessary, and how to implement them at the national and regional levels. The reference book also provides international, regional, and national perspectives on trade facilitation.
