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Financial support and credit rehabilitation can help financially vulnerable borrowers to repay their debts amid economic impacts of COVID-19.
Policy makers must improve labor market conditions and reduce employment uncertainties as part of their economic stimulus plans.
This piece discusses how central banks can take the lead in addressing climate-related risks in the finance sector.
Managing household debt is becoming increasingly difficult for low-income households.
A high poverty rate among older persons in the Republic of Korea calls for better pension services and welfare programs.
The Republic of Korea improved road safety for children through strict implementation of policies related to engineering, education, and enforcement.
Strategies include smart enforcement, presumptive taxes, digital tools, sector-specific reforms, and incentives tied to formalization benefits.
Significant reforms are needed to improve indirect investment vehicles in real estate in the Republic of Korea.
Reforming the calculation of lending rates could improve delinquent loan collection.
It is necessary to redesign private pension management fee schemes so companies have incentives to compete and develop better products.