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				December 2024  | 
				
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				China and 
				Angola: From the Pioneering “Angolan Model” to a “New” 
				Relationship, November 2024. 
				China’s relationship with Angola is an important case in the 
				larger strategic competition between Beijing and the 
				economically developed, liberal democratic states for political 
				influence in the Global South. China has provided large loans to 
				Angola since the 2000s and, in return, acquired Angola’s 
				petroleum to meet China’s high domestic energy demands. Angola 
				has repaid the majority of its debt to China in the form of 
				extracted oil. This contractual arrangement is known as the 
				“Angolan model.” However, China’s large loans only enriched a 
				small segment of Angola’s elite circle and spread serious 
				corruption. The drop in global oil prices since 2014 has left 
				Angola in serious economic distress...  | 
				
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				EWC  | 
					 
				
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				Understanding the United States’ Place in the Pacific: Why the 
				Pacific Partnership Strategy has been Successful for both the 
				Pacific and US, November 2024. 
				Research on the Pacific island’s pursuit of self-governance 
				highlights how the region sits in a post-decolonial era, meaning 
				we understand the issues and problems caused by colonialism with 
				Pacific island polities achieving varied measures of 
				independence. Now, the question is, how do we move forward? 
				Decolonization is not enough—the United States and other Western 
				powers have done it, and while there are traces of it, we need 
				to do something now about the under-resourcing and precarious 
				international standing of some Pacific nations. There is a 
				common experience from the end of imperial rule to the current 
				struggles of formerly colonized states...  | 
				
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				EWC  | 
					 
				
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				Shaping Perceptions: Three Layers of Social Media’s Role in the 
				2024 Indonesia Elections, November 2024. 
				The political activity on social media has revealed a paradigm 
				shift in political communication in the digital era. Increased 
				access to the internet and social media in Indonesia, 
				particularly after Covid-19, along with demographic changes in 
				the electorate spurred on by an influx of younger voters created 
				an environment in which the election was filtered through three 
				layers of digital reality. These three layers of digital reality 
				mixed actuality, based on information that could be 
				substantiated, and hyper reality, in which fabricated 
				information about the election was perceived as more real than 
				the objective facts...  | 
				
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				EWC  | 
					 
				
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				How the Elections will set Expectations in the Philippines–US 
				Alliance, November 2024. 
				It had been a common staple among observers to predict which 
				candidate would be more beneficial or detrimental vis-à-vis 
				their country’s national interest. In the Philippines, any 
				Filipino would look at US elections exactly this way. But what 
				can the Philippines realistically expect from the US 
				presidential elections in the context of their alliance? I argue 
				that what the Philippines should expect and work hard for is 
				consistent bipartisan support from both Republicans and 
				Democrats for all its intended defense and foreign policy 
				priorities where the alliance is crucial...  | 
				
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				EWC  | 
					 
				
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				The Economic Implications for Asia of the Trump Program, 
				November 2024. 
				As the election approaches, President Trump is the only 
				candidate who has outlined a detailed agenda when it comes to 
				international economics. Vice President Kamala Harris has 
				offered general ideas about expanding childcare and other 
				benefits for the middle and working classes, presumably to be 
				paid for by higher taxes on the wealthy and corporations. Still, 
				she has not gone into much detail on tariffs, except to say that 
				she would be selective in imposing them. She effectively 
				represents a continuation of the status quo on economics...  | 
				
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				EWC  | 
					 
				
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				Asia Navigates Uncertainty and Continuity of US Regional Policy 
				in the 2024 Elections, October 2024. 
				Following a series of interviews and meetings in the 
				Indo-Pacific, a team of researchers have brought forth a 
				comprehensive report regarding the 2024 elections in the United 
				States and their impact on the Indo-Pacific. This analysis 
				incorporates the perspectives of those in the region, from 
				shared concerns to opportunities for engagement.  | 
				
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				EWC  | 
					 
				
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		Persuasive Technologies in China: Implications for the Future of 
		National Security, November 2024. The rapid adoption of 
		persuasive technologies—any digital system that shapes users’ attitudes 
		and behaviours by exploiting physiological and cognitive reactions or 
		vulnerabilities—will challenge national security in ways that are 
		difficult to predict. Emerging persuasive technologies such as 
		generative artificial intelligence (AI), ambient technologies and 
		neurotechnology interact with the human mind and body in far more 
		intimate and subconscious ways, and at far greater speed and efficiency, 
		than previous technologies. This presents malign actors with the ability 
		to sway opinions and actions without the conscious autonomy of users...  | 
				
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				ASPI  | 
					 
				
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		Darwin Dialogue 2024: Triumph From Teamwork, November 2024. In 
		an increasingly fracturing international system, set to undergo only 
		further strain in the near future, critical minerals are a point of 
		significant international contention. Critical minerals underlie 
		competition across critical civil and defence sectors and promise 
		economic opportunity throughout their supply chain. They are vital to 
		the clean-energy transition with minerals needed for electric vehicle 
		batteries, solar panels, and even wind turbines. Resolving the 
		significant vulnerabilities across critical mineral supply chains is a 
		significant economic and national security challenge. This report—based 
		on an exclusive, invitation-only discussion at the Darwin Dialogue 2024, 
		a 1.5 Track discussion between the Australian, United States, Japanese 
		and Republic of Korean Governments-makes 11 recommendations for 
		government and industry to develop both the domestic and international 
		critical minerals sector...  | 
				
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				ASPI  | 
					 
				
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					The Economic Leash: China’s Financial Tethers and Global 
					Power Plays, November 2024. 
					China’s emphasis on Gross Domestic Product (GDP) growth and 
					its integration into global markets have allowed it to wield 
					significant influence internationally. Nonetheless, this 
					focus on rapid expansion has created disparities within the 
					Chinese economy, such as regional inequalities, a reliance 
					on debt-fueled growth, and a fragile financial system. These 
					economic challenges impose limitations on China’s broader 
					strategic objectives, particularly its military ambitions. 
					The global financial system, especially China’s stock 
					market, acts as a stabilizing force, as economic volatility 
					directly affects China’s capacity to engage in risky 
					geopolitical behavior...  | 
				
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				ISDP  | 
				 
				
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					China’s Himalayan Hustle: Revisionism Resistance Must be the 
					Order of the Region, November 2024. 
					This edited volume brings together papers to highlight the 
					challenges and opportunities in mapping China’s Himalayan 
					hustle. It aims to advance key debates about the importance 
					of this region to maintain a rules-based order in the 
					Indo-Pacific and to defend the liberal international order. 
					The special volume would also be a valuable contribution to 
					the literature on China’s attempts to dominate the Himalayan 
					region and its resources, and will generate new insights 
					into how to integrate this strategically vital region into 
					the Indo-Pacific construct. Besides the Introduction, this 
					volume has six sections. Section I focuses on the issues 
					arising out of Himalayas as a strategic arena. It looks at 
					China’s revisionism in the Himalayas, in particular its 
					neighborhood strategy. It also explores Japan’s strategic 
					outlook on China’s Himalayan tactic...  | 
				
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				ISDP  | 
				 
				
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					Russian and DPRK Military Cooperation in Ukraine – A 
					Win-Win? November 2024. 
					In early August 2024, Ukraine launched a significant 
					offensive in the Kursk region in Western Russia which may 
					have prompted the activation of the DPRK-Russia Strategic 
					Partnership Agreement and triggered the DPRK’s deployment of 
					troops to Russia. The involvement of foreign military 
					personnel represents a significant escalation and shift in 
					the conflict, further complicating the geopolitical balance 
					internationally as more actors become directly involved. 
					This issue brief discusses how the deepening military 
					collaboration between Russia and North Korea poses several 
					risks and benefits to both countries and new challenges to 
					the Western alliance against Russia’s war in Ukraine.  | 
				
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				ISDP  | 
				 
				
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					Report of the First Stockholm Forum on Himalaya, November 
					2024. 
					The first Stockholm Forum on Himalaya was organized by the 
					Institute for Security and Development Policy (ISDP) on 
					October 17, 2024, in Stockholm, Sweden. The flagship event 
					of the ISDP’s Stockholm Center for South Asian and 
					Indo-Pacific Affairs (SCSA-IPA) was titled “Mapping China’s 
					Himalayan Hustle.” The forum probed the intricacies of 
					China’s role as a revisionist power in the Himalayan region, 
					exploring how its infrastructure development, military 
					strategies, and diplomatic initiatives were reshaping the 
					geopolitical landscape. In the context of growing tensions 
					and strategic competition in Asia, particularly in the 
					Himalayas, the conference aimed to foster dialogue among 
					scholars, and experts from India, Europe, East Asia, and the 
					United States on the broader ramifications of China’s 
					ambitions...  | 
				
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				ISDP  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #26: Malaysia’s Motorcycle Sector: Past 
					and Present Possibilities in an Era of Energy Transition. Malaysia 
					has traditionally adopted an intensive automotive 
					industrialization model and created its own vehicles under 
					national brands. The national car project started with 
					Proton in 1983, and the national motorcycle project with 
					Modenas in 1995. While policies and scholarship have focused 
					on national car projects, the two-wheeler sector has stood 
					in their shadow. Modenas witnessed early growth and remains 
					a popular brand after Yamaha and Honda; it has however 
					failed to hit export targets, owing to limited technology 
					transfer and the inability to scale. In recent years, there 
					has been renewed interest in the two-wheeler sector, 
					focusing on phasing out combustion motorcycles in favour of 
					electric two-wheelers (E2Ws)...  | 
				
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				ISEAS  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #24: The Rising Role of Chinese Firms in 
					Southeast Asia’s Automotive Supply Chain. Chinese 
					firms have become global leaders in the electrification, 
					networking and intelligentization of vehicles. They are 
					globally dominant in minerals extraction and processing and 
					battery production for electric vehicles (EVs) and are 
					becoming internationally competitive in the enabling 
					microelectronics, components and systems. This report covers 
					the role of Chinese firms in Southeast Asia across five 
					segments of the EV supply chain, namely minerals extraction 
					and processing; battery manufacturing, energy storage and 
					charging; original equipment manufacturer (OEM) production 
					of complete vehicles; microelectronics design and 
					manufacturing; and research and development activities...  | 
				
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				ISEAS  | 
				 
				
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				Financial Stability Review 2024. Global economic 
				activity has remained resilient, while disinflation progressed 
				in 2024. However, the global economy 
				confronts heightened uncertainty, trade tensions and
				geopolitical conflicts that raise the 
				probability of adverse shocks. Trade-dependent small
				economies could face a confluence of risks, 
				including potential terms-of trade shocks, slower
				global growth, higher-for-longer rates, and 
				renewed dollar strength. The build-up 
				of financial imbalances, including fiscal and credit risks, 
				stretched asset valuations and 
				leveraged positions, may amplify these risks. Sudden spikes in 
				global financial market volatility, as 
				evidenced in August, could lead to the disorderly unwinding of 
				leveraged positions, sharp asset 
				repricing or a sudden retrenchment in cross-border financial 
				flows...  | 
				
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				MAS  | 
					 
				
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				Monetary 
				Authority of Singapore: Macroeconomic Review, Volume XXIII, 
				Issue 2, October 2024 (Full 
				Report). In the July 2024 Monetary Policy Statement, 
				MAS maintained the rate of appreciation of the Singapore dollar 
				nominal effective exchange rate (S$NEER) policy band, with no 
				change to the width of the band or the level at which it was 
				centred. Since then, the S$NEER has been appreciating gradually 
				in line with the policy band. The global economy has remained 
				broadly resilient. Growth has been steady in the US, sustained 
				by domestic demand, but has been weaker in the Euro area. In 
				China, exports were buoyant in the first half of 2024, but 
				domestic spending continued to be subdued amid the housing 
				market downturn. Regional economies meanwhile have benefited 
				from the sustained upturn in the global electronics cycle, with 
				investments supported by tech-related activities...  | 
				
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				MAS  | 
					 
				
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				Singapore Asset Management Survey 2023. Global assets under 
				management (AUM) increased by 12% and Asia AUM
				
				similarly trended up by 8% in 2023, on the back of gains in 
				global bonds and 
				equities after a challenging 2022. Singapore’s AUM grew by 10% 
				to S$5.4 
				trillion (or US$4.1 trillion), faster than the AUM growth in 
				Asia. 
				Singapore serves a key gateway for global asset managers and 
				investors to tap 
				the region’s growth opportunities, with 77% of AUM sourced from 
				outside 
				Singapore, and 89% of total AUM invested outside the country. 
				Discretionary AUM accounts for more than half of total AUM in 
				2023, as asset managers continue to base their key 
				investment professionals and decision makers in the country...  | 
				
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				MAS  | 
					 
				
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				Latest APEC publications: 
				
					- 
					
					Workshop on Infrastructure Regulation and Competition from 
					Structural Reform Experiences in APEC, November 2024
 
					- 
					
					Unlocking the Upstreamness Benefits in Global Value Chains, 
					November 2024
 
					- 
					
					APEC Technology Empowers Low Carbon Action (TELCA): Best 
					Practice Report, November 2024
 
					- 
					
					APEC Supply Chain Connectivity Framework Action Plan 
					2022–2026 (SCFAP III): Mid-term Review, November 2024
 
					- 
					
					Final Report: Public-Private Dialogue on Best Practices for 
					the Transition of Economic Actors from Informal to Formal 
					Economy, November 2024
 
					- 
					
					Revealing Women’s Potential in the Creative Economy, 
					November 2024
 
					- 
					
					2024 CTI Annual Report to Ministers
 
					- 
					
					APEC Senior Officials' Report on Economic and Technical 
					Cooperation 2024
 
					- 
					
					Highlights of Economic and Technical Cooperation in APEC 
					2024
 
					- 
					2024 
					APEC Economic Policy Report
 
					- 
					
					APEC Regional Trends Analysis, November 2024
 
					- 
					
					APEC in Charts 2024
 
					- 
					
					Mainstreaming Gender in the Transport Workforce for 
					Sustainability, November 2024
 
					- 
					
					Accelerating Industry 4.0 Technology Adoption in 
					Manufacturing Sectors through STI Partnerships among Smart 
					Manufacturing Research and Innovation Centers, November 2024
 
					- 
					
					Summary Report - APEC Workshop on Enhancing SMEs’ 
					Participation in GVCs in the Manufacturing Sector through 
					Digital Technology, November 2024
 
					 
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				APEC  | 
					 
				
				
				
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				Latest ADBI Working Paper Series:
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				ADB  | 
					 
				
				
				
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				Latest ADB Working Paper Series:
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				ADB  | 
					 
				
				
				
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				Latest ADB Publications:
					- 
					
					Decarbonizing Hard-to-Abate Sectors with Carbon Capture, 
					Utilization, and Storage, November 2024
 
					- 
					
					Toward a Low-Carbon and Just Energy Transition in Developing 
					Asia, November 2024
 
					- 
					
					Assessing and Addressing Risks in Pacific Construction 
					Supply Chains, November 2024
 
					- 
					
					Strengthening Foundations for a Food-and Nutrition-Secure 
					Future in the Lao People’s Democratic Republic, November 
					2024
 
					- 
					
					Preparing for Disease X: Lessons Learned from the Gendered 
					Impacts of the COVID-19 Pandemic in the Pacific, November 
					2024
 
					- 
					
					Innovations in Job Matching for Youth in Asia and the 
					Pacific: A Review, November 2024
 
					- 
					
					Climate Change and Education Playbook: Investing in 
					Education and Skills for Climate Resilience in Asia and the 
					Pacific, November 2024
 
					- 
					
					Civil Society Brief: Lao People’s Democratic Republic, 
					November 2024
 
					- 
					
					Transformative Effects of Rural Connectivity: Innovations 
					and Institutional Strengthening in Five Indian States, 
					November 2024
 
					- 
					
					The Kyrgyz Republic and ADB: 30 Years of Partnership 
					(1994–2024), November 2024
 
					- 
					
					Bridging the Divide: Exploring Gender Bonds for Equality in 
					Asia and the Pacific, November 2024
 
					- 
					
					Cambodia’s Economic Diversification: A Country Diagnostic 
					Study, November 2024
 
					- 
					
					Pakistan’s Low-Carbon Energy Outlook and Technology Road 
					Map, October 2024
 
					- 
					
					Asia Bond Monitor, November 2024
 
					 
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				ADB  | 
					 
				
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				November 2024  | 
				
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				The Case for an Indo-Pacific Economic Resilience Bank, October 
				2024. Eighty years ago at Bretton Woods, leading countries 
				gathered to design an international financial architecture 
				needed to sustain a broadly open world economy and global 
				financial stability. The institutions that emerged remain 
				important, but they are struggling to rise to the modern-day 
				challenges posed by climate change and economic insecurity. The 
				world faces a multi-trillion-dollar financing gap to 
				reinvigorate stalling global development and create diversified 
				green supply chains to enable a secure clean energy transition 
				for all countries...  | 
				
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				Lowy  | 
					 
				
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				Nusantara: Climate Dilemmas of a “Green” Capital City in 
				Indonesia, October 2024. 
				Even before Indonesia’s independence, its leaders had drafted 
				plans to relocate the capital city. Proponents gave various 
				reasons at different times, but with Jakarta’s stifling traffic 
				and perennial flooding, the government is now translating 
				visions of relocation into action. Construction of the new 
				capital, Nusantara, is already underway in East Kalimantan 
				province. Nusantara is an ambitious and symbolic nation-building 
				project that positions Indonesia as an increasingly confident 
				player on the international stage...  | 
				
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				EWC  | 
					 
				
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				Indo-Pacific Lens on the Arctic: How US Partners in Asia View 
				Arctic Security and Governance, August 2024. 
				Japan, South Korea, Singapore, and India joined the Arctic 
				Council as observers in 2013, concurrently with China, but their 
				perspectives have not received sufficient attention. This paper 
				examines how US partners Japan, South Korea, India, and 
				Singapore view their role in Arctic governance and security and 
				what this means for the United States. From the perspective of 
				Indo-Pacific states seeking to access Arctic shipping routes and 
				resources and participate in Arctic science and governance, the 
				Russia-administered Northern Sea Route (NSR) was a crucial 
				gateway until 2022...  | 
				
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				EWC  | 
					 
				
				
				
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				Latest Asia Pacific Bulletin series:
					- 
					
					India - Indian Ocean Security and the US Indo-Pacific 
					Strategy, October 2024
 
					- 
					
					Sri Lanka - Indian Ocean Security and the US Indo-Pacific 
					Strategy, October 2024
 
					- 
					
					Indonesia - Indian Ocean Security and the US Indo-Pacific 
					Strategy, October 2024
 
					- 
					
					Thailand - Indian Ocean Security and the US Indo-Pacific 
					Strategy, October 2024
 
					- 
					
					Madagascar - Indian Ocean Security and the US Indo-Pacific 
					Strategy, October 2024
 
					- 
					
					Maldives - Indian Ocean Security and the US Indo-Pacific 
					Strategy, October 2024
 
					- 
					
					Seychelles - Indian Ocean Security and the US Indo-Pacific 
					Strategy, October 2024
 
					- 
					
					Connecting West and East - Indian Ocean Security and the US 
					Indo-Pacific Strategy, October 2024
 
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					New Zealand and NATO - A Developing Relationship, October 
					2024
 
					- 
					
					The Republic of Korea and 2024 NATO Presidential Summit in 
					Washington DC, October 2024
 
					- 
					
					A New Deterrence Agenda for NATO and Japan, October 2024
 
					- 
					
					Continental Drift - Australia and the 2024 NATO Summit, 
					October 2024
 
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					NATO’s Indo-Pacific Aspirations, October 2024
 
					- 
					
					Malaysian perspectives of the US-Australia alliance in 
					Southeast Asia, September 2024
 
					- 
					
					Supporting the Philippines in Kickstarting the Comprehensive 
					Archipelagic Defense Concept (CADC) - The Role of the 
					US-Australian Alliance, September 2024
 
					 
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				EWC  | 
					 
				
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					Why the World Can’t Afford to Keep Taiwan Out of Interpol, 
					October 2024. 
					Taiwan’s exclusion from the International Criminal Police 
					Organization (Interpol) presents a critical gap in the 
					global effort to combat transnational crime. As criminal 
					networks become more sophisticated, particularly in areas 
					such as cybercrime, human trafficking, and terrorism, 
					seamless international cooperation is essential. Despite 
					Taiwan’s strategic importance in the Asia-Pacific region and 
					its advanced law enforcement capabilities, it remains 
					excluded from Interpol’s systems, creating a vulnerability 
					in the global security framework...  | 
				
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				ISDP  | 
				 
				
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					Elevating Democracy via Transatlantic Collaboration, October 
					2024. 
					In collaboration with the U.S. Embassy in Stockholm, the 
					Institute for Security and Development Policy (ISDP) 
					organized a series of conference events from March 11 to 14, 
					2024, held in various locations including Stockholm, 
					Gothenburg, and a final closed-door roundtable in Luleå with 
					local stakeholders. The goal was to raise awareness and 
					encourage dialogue on the challenges posed by authoritarian 
					regimes exploiting international research collaborations and 
					corporate ownership for illiberal purposes...  | 
				
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				ISDP  | 
				 
				
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					BRICS: Evolving into a Vehicle for Inclusive 
					Multilateralism? October 2024. 
					BRICS (Brazil, Russia, India, China, and South Africa) is a 
					group of major emerging economies that seeks to reform 
					global governance and foster alternatives to established 
					financial institutions. First convened in 2009, BRICS has 
					gradually expanded its cooperation areas beyond economics to 
					include various new sectors, such as security, energy, 
					infrastructure, science, technology, digital economy, 
					healthcare, and green development. BRICS operates as a 
					flexible intergovernmental organization without a permanent 
					secretariat or founding charter, and functions through 
					consensus-based decision-making, guided by implicit, 
					semi-codified internal rules...  | 
				
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				ISDP  | 
				 
				
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					Structural Transformation and Inclusive Growth in Cambodia: 
					Country Diagnostic and Product Space Analyses, October 2024. Cambodia 
					aims to become an upper middle-income country by 2030 and a 
					high-income country by 2050. This study provides a country 
					diagnostic analysis of the Cambodian economy. An empirical 
					analysis based on product space is carried out to identify 
					product diversification and future growth opportunities to 
					guide Cambodia’s structural transformation path. By 
					addressing the key constraints to intra-sectoral 
					diversification, Cambodia would be better placed to navigate 
					the inherent trade-offs between capabilities, complexity and 
					opportunity gain.  | 
				
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				ISEAS  | 
				 
				
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				Digital Capacity Building for Own-Account Workers in Singapore, 
				October 2024. Own-account workers are self-employed persons 
				who engage in a trade or business without employing any paid 
				workers. Own-account workers are not only delivery riders and 
				private-hire car drivers but are also real estate and property 
				agents, information and communication technology professionals, 
				science and engineering professionals, and freelancers in the 
				arts, media, creative, entertainment and sports industries. 
				Without a singular long-term employer that can help to 
				facilitate or support their upskilling, own-account workers are 
				left to navigate the complexities of upgrading their skillsets 
				to remain competitive in the workforce on their own. Despite 
				own-account workers making up a third of the global workforce, 
				research on the role technology plays in their work and their 
				digital upskilling needs remains scarce...  | 
				
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				IPS  | 
					 
				
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				International Vertical Equity in Global — An Asian Perspective, 
				September 2024. Rising multipolarity is seen to be leading 
				to a fracturing of the global economy, which has hitherto been 
				characterised by efficiency, multilateralism and a level playing 
				field. Amongst many responses, some have focused on the 
				expertise and incentives that small states might have to keep 
				the global system together. For example, it has been argued 
				“small states can create effective (if restricted) multilateral 
				groupings that are either plurilateral or minilateral, but that 
				can seamlessly transition to open, inclusive multilateralism 
				when interests again align”...  | 
				
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				IPS  | 
					 
				
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				Latest APEC publications: 
				
					- 
					
					APEC STI Strategic Foresight: Net Zero Emissions/ Carbon 
					Neutrality Report, October 2024
 
					- 
					
					Workshop to Sharing Experiences and Best Practices on How 
					APEC Economies’ Qualifications Frameworks are Coping with 
					the Disruptive Impact of Emerging AI Technologies - Summary 
					Report, October 2024
 
					- 
					
					Workshop to Sharing Experiences and Best Practices on How 
					APEC Economies’ Qualifications Frameworks are Coping with 
					the Disruptive Impact of Emerging AI Technologies - 
					Compendium, October 2024
 
					- 
					
					Promoting Carbon Neutrality in North Sulawesi – Vision, 
					Targets, Benchmarking and Monitoring, October 2024
 
					- 
					
					2024 Update to Monitoring Pandemic Recovery Under the APEC 
					Services Competitiveness Roadmap (ASCR), October 2024
 
					- 
					
					Supporting AI at Scale in the APEC Region Through 
					International Standards - Recommendations Report, October 
					2024
 
					- 
					
					2022 APEC Research Center for Typhoon and Society (ACTS) 
					Annual Meeting (2022ACTS) & 2022 ACTS Expert Meeting / 
					Policy Dialogue Report, October 2024
 
					- 
					
					Survey Report - Inclusive and Responsible Business and 
					Investment (IRBI) in APEC, October 2024
 
					- 
					
					APEC Guidelines on Inclusive and Responsible Business & 
					Investment (IRBI), October 2024
 
					- 
					
					Implementing Inclusive and Responsible Business and 
					Investment (IRBI) in APEC - A Toolkit for Business and 
					Investment Institutions in APEC, October 2024
 
					- 
					
					Trends and Developments in IP Protection of Software-Related 
					Inventions in the APEC Region, October 2024
 
					- 
					
					Promoting Circular Economy in the Construction Industry 
					within APEC Region Using Industrial Symbiosis Approach, 
					October 2024
 
					- 
					
					Developing Integrated Timber Data to Enhance Legal Timber 
					Trade of the APEC through Xylaria Networking - Final Report, 
					October 2024
 
					- 
					
					Peer Review and Capacity Building on APEC Infrastructure 
					Development and Investment: Chile, October 2024
 
					- 
					
					Handbook on Rebuilding Rural Tourism in APEC Economies by 
					Utilising Green Recovery Strategies, October 2024
 
					- 
					
					APEC Blue Citizen Guidebook, September 2024
 
					- 
					
					Vaccine Spotlight Report: A Compilation of Initiatives to 
					Explore Vaccine Uptake in the Asia-Pacific Region, September 
					2024
 
					 
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				APEC  | 
					 
				
				
				
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				Latest ADBI Working Paper Series:
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				ADB  | 
					 
				
				
				
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				Latest ADB Working Paper Series:
					- 
					
					Impact of Climate Risk on Fiscal Space: Do Political 
					Stability and Financial Development Matter? October 2024
 
					- 
					
					Measuring Port Activities and Lockdown Impact Using 
					Automatic Identification System Data, October 2024
 
					- 
					
					Pensions in Aging Asia and the Pacific: Policy Insights and 
					Priorities, October 2024
 
					- 
					
					Well-Being of Older People in East Asia: The People’s 
					Republic of China, Japan, and the Republic of Korea, October 
					2024
 
					- 
					
					Environmental, Social, and Governance Materiality in XBRL 
					Disclosures and its Performance Predictability: Evidence 
					from Japan, October 2024
 
					- 
					
					Storms, Early Education, and Human Capital, October 2024
 
					 
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				ADB  | 
					 
				
				
				
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				Latest ADB Publications:
					- 
					
					Asia-Pacific Climate Report 2024: Catalyzing Finance and 
					Policy Solutions, October 2024
 
					- 
					
					Handbook on Energy Efficiency in Buildings, October 2024
 
					- 
					
					Designing Competition Policy for Economic Development in 
					Asia and the Pacific, Published 2024
 
					- 
					
					Harnessing Development Financing for Solutions to 
					Displacement in the Context of Disasters and Climate Change 
					in Asia and the Pacific, Published 2024
 
					- 
					
					Digital Transformation of Multilevel Tax Policies and 
					Administration for Resilience and Sustainable Growth, 
					October 2024
 
					- 
					
					Georgia Exports and Value Chain Study, October 2024
 
					- 
					
					A Review of Digital Creative Industries in Asia: 
					Opportunities and Policies to Foster Growth and Create 
					High-Quality Jobs, October 2024
 
					- 
					
					Aiming for Sustainable Economic Development in the Pacific: 
					The Asian Think Tank Forum 2023 Proceedings, Published 2024
 
					- 
					
					ADB and Sri Lanka: Pursuing the Sustainable Development 
					Goals, October 2024
 
					- 
					
					Kazakhstan’s Resource Economy: Diversification Through 
					Global Value Chains, October 2024
 
					- 
					
					Gender Equality and Water Security: A Conceptual Framework 
					and Practical Strategies to Accelerate Progress, October 
					2024
 
					 
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				ADB  | 
					 
				
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				October 2024  | 
				
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				Asian Development Outlook, September 2024 (Full Report,
				Highlights). 
				Technology exporters are particularly benefiting from higher 
				global semiconductor sales driven by the artificial intelligence 
				boom. Inflation in the region is expected to ease further, 
				supported by the lagged effects of previous monetary policy 
				tightening and declining global food and energy prices. However, 
				risks loom, including potential increases in protectionism 
				depending on the outcome of the United States presidential 
				election, escalating geopolitical tensions, further weakness in 
				the property market in the People’s Republic of China, and 
				adverse weather and climatic conditions...  | 
				
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				ADB  | 
					 
				
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						High 
						Frequency Macroeconomic Forecasts Current Quarter Model: 
						2024Q4, October 2024. Hong Kong’s economic growth 
						moderated from 4.3% growth in the second half of 2023 to 
						3.0% growth in the first half of 2024. Changes in 
						consumer behavior and the surge in consumption by Hong 
						Kong residents abroad have led to reduced private 
						consumption expenditure and increased imports of 
						services. Hong Kong's Economy is expected to slow from 
						3.3% in the 24Q2 to 2.0% in the 24Q3. The job market 
						remains tight, with the unemployment rate is projected 
						to 3.0% in 24Q4. Visitor arrivals in Hong Kong continue 
						to rise, with number of visitors up by 9.2% year-on-year 
						in August 2024, driving up Hong Kong tourism-related 
						service exports...  | 
				
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				HKU  | 
					 
				
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				2024 Asia Power Index Key Findings Report. 
				The annual Asia Power Index — launched by the Lowy Institute in 
				2018 — measures resources and influence to rank the relative 
				power of states in Asia. The project maps out the existing 
				distribution of power as it stands today, and tracks shifts in 
				the balance of power over time. The Index ranks 27 countries and 
				territories in terms of their capacity to shape their external 
				environment — its scope reaching as far west as Pakistan, as far 
				north as Russia, and as far into the Pacific as Australia, New 
				Zealand, and the United States. The 2024 edition is the most 
				comprehensive assessment of the changing distribution of power 
				in Asia to date. It includes Timor-Leste for the first time, 
				reflecting its growing importance as a result of likely 
				accession to the Association of Southeast Asian Nations (ASEAN) 
				in future years...  | 
				
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				Lowy  | 
					 
				
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				A Climate Loss and Damage Fund That Works, September 2024. 
				Loss and Damage resulting from climate change presents a unique 
				global challenge that affects vulnerable countries the most, and 
				requires a rethinking of the traditional approach to accessing 
				climate finance. In response, a Fund for responding to Loss and 
				Damage has been established under the United Nations. To 
				succeed, the Fund should learn from the key shortcomings of 
				other climate funds. The new Fund for responding to Loss and 
				Damage should adopt a clear allocation mechanism based on 
				recipient countries’ vulnerability, emission contributions, and 
				climate change policies. Loss and Damage solutions are unlikely 
				to result in clear financial returns...  | 
				
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				Lowy  | 
					 
				
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				The Australia-US Alliance from a Thai Perspective - An 
				Unbreakable or Unpinnable Partnership? August 2024. 
				The Australia-United States alliance—as enunciated in the ANZUS 
				Treaty in 1951—is now opined as “unbreakable,” which is part and 
				parcel of the latest trilateral arrangement between Australia, 
				the United Kingdom, and the United States, known as AUKUS. First 
				and foremost, it is a normative alliance, upholding a shared 
				vision of a liberal rules-based world order in the Indo-Pacific. 
				Secondly, it signifies that Washington and Canberra are prepared 
				to act in unison to maintain regional peace and order. 
				Conventional wisdom in Southeast Asia holds that AUKUS, 
				primarily aimed at providing Australia with nuclear-powered 
				submarines...  | 
				
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				EWC  | 
					 
				
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				Vietnamese Perspective on the Significance of the US-Australia 
				Alliance in Southeast Asian Security, August 2024. 
				The United States and Australia have maintained a robust 
				alliance for decades, underpinned by shared strategic interests 
				and values. This enduring partnership has played a crucial role 
				in shaping the security landscape of the Indo-Pacific region. As 
				Southeast Asia faces an increasingly complex security 
				environment, marked by great power rivalry and transnational 
				challenges, the region has a significant stake in the trajectory 
				of the US-Australia alliance. This commentary examines the 
				implications of the alliance for Southeast Asian security from 
				the perspective of Vietnam, a country that has long pursued a 
				policy of non-alignment while actively engaging with both the 
				United States and Australia...  | 
				
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				EWC  | 
					 
				
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				Strategic Partners or Fickle Friends? Indonesia’s Perceptions of 
				the US-Australia Defense and Security Relationship, August 2024. 
				The US-Australia relationship is a special one. Bilateral 
				military and defense ties between the two countries are over a 
				century old, with the Australian military having been involved 
				in almost every major conflict that the United States has been 
				involved in since World War I. These ties have only grown 
				stronger with the emergence of security-based minilateral 
				initiatives such as the Quad and AUKUS. US-Australia 
				minilaterals are products of the contested nature of the 
				Indo-Pacific security landscape, in which the United States and 
				Australia find themselves grappling with what they consider a 
				monumental adversary in the People’s Republic of China...  | 
				
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				EWC  | 
					 
				
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				Understated and Sometimes Contentious -  A Perspective on 
				the US-Australia Alliance in Southeast Asia, August 2024. 
				The Australian-United States alliance is probably one of the 
				most under-appreciated and misunderstood security partnerships 
				in Southeast Asia. Often derided as a barely tolerable symbol of 
				“Western” influence in Asia and sometimes ridiculed for its 
				ambitions to act as “sheriff” and “deputy sheriff,” the alliance 
				nonetheless provides useful support for the region’s stability 
				today. Southeast Asian states benefit from a predictable set of 
				international practices, major powers exercising relative 
				restraint, and a general aversion to escalating uses of force in 
				the region. Thereby, they derive some utility from a functioning 
				US-Australia alliance. The alliance is one of the pillars that 
				helps undergird the status quo in Southeast Asia...  | 
				
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				EWC  | 
					 
				
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		Connecting the Indo-Pacific: The Future of Subsea Cables and 
		Opportunities for Australia, September 2024. Submarine 
		cable networks are critical infrastructure; they carry nearly all public 
		internet and private network data traffic, facilitating global economic 
		and financial activity as well as government and military communications 
		and operations. The submarine cable landscape has entered a new era and 
		is now shaped by the rising participation of hyperscalers—hyperscale 
		cloud and content providers— as well as the strategic actions of major 
		powers and minilateral groups. The report examines the significance of 
		this for Australia and explores how Australia can capitalise on these 
		evolving dynamics to solidify its position as a regional digital hub in 
		the Indo-Pacific by improving regional subcable resilience and digital 
		connectivity, including its own...  | 
				
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				ASPI  | 
					 
				
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		Lessons in Leadership: Interviews With 11 of Australia’s Former Defence 
		Ministers, September 2024. In a time of growing 
		strategic uncertainty, 11 of Australia’s former defence ministers have 
		shared valuable lessons they learned over decades running one of the 
		toughest portfolios in government. In this compendium, the former 
		ministers from both sides of politics give their views on topics ranging 
		from the complexity of dealing with a massive department, to the grief 
		they shared with families at the funerals of slain soldiers. The pieces 
		are drawn from interviews with former ASPI executive director Peter 
		Jennings and links to the original video interviews are available in the 
		posts on The Strategist site...  | 
				
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				ASPI  | 
					 
				
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					Taiwan’s Diplomatic Allies and the Struggle for Global 
					Inclusion, September 2024. 
					Considering the importance of multilateral institutions in 
					global governance in the liberal world order, global 
					stakeholders highly regard their memberships in 
					international organizations to address various challenges 
					and threats. Different actors cooperate through 
					international organizations on transnational crime, 
					environment, industry, global health, and many others. 
					However, Taiwan continues to be sidelined in major 
					organizations due to political considerations in favor of 
					China. Stemming from its diplomatic history, Taiwan has a 
					unique setup when interacting with and participating in 
					international institutions...  | 
				
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				ISDP  | 
				 
				
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					Navigating the Indo-Pacific: How Australia and the EU Can 
					Partner for Peace, Stability, and Prosperity, September 2024. 
					To navigate the choppy waters of the Indo-Pacific, the EU 
					and Australia must be on the same wavelength regarding 
					shared interests in rules, values, and an open and liberal 
					economic order. Headwinds are plenty as the underpinnings of 
					peace and stability are currently frail in an era of 
					Indo-Pacific (re-)ordering. Proactive minilaterals and the 
					agency of middle powers such as Australia provide tailwinds. 
					Besides dealing with a more assertive China, five key areas 
					of convergence between the EU and Australia are...  | 
				
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				ISDP  | 
				 
				
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					Eco-Economic Balancing Act: The EU’s Approach to the China 
					EV Trade Dispute, September 2024. 
					The European Commission unveiled in June the long-expected 
					preliminary results from the ongoing anti-subsidy 
					investigation into Chinese Electric Vehicle (EV) 
					manufacturers. Applicable from July 5, 2024, a new 
					provisional tariff regime will apply to EV imports until 
					November, when the EU Council at the latest must-have voted 
					to either make the tariffs permanent or lift them, pending 
					the results from the 13-month probe. However, reactions to 
					the Commission’s initial findings have varied widely within 
					the EU, and it also remains disputed how the tariffs will 
					impact EU competitiveness and trade relations with China...  | 
				
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				ISDP  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #23: Learn from Your Comrades: 
					Understanding Authoritarian Diffusion between Vietnam and 
					China. Since the normalization of relations in 
					1991, Vietnam and China, two of the five remaining communist 
					regimes, have established a robust framework for mutual 
					learning and cooperation. This collaboration has primarily 
					centred around party governance and cadre training. Vietnam 
					has actively studied and adopted elements of China’s 
					successful model, which combines economic reform with strict 
					political control. This approach has allowed Vietnam to 
					maintain communist rule in the face of increasing global 
					pressure for democratic reforms...  | 
				
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				ISEAS  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #22: Prospects and Challenges in 
					Promoting Humanitarian Islam: Nahdlatul Ulama’s 
					International Social Partnerships. Humanitarian 
					Islam refers to the efforts of Nahdlatul Ulama (NU) to 
					promote peaceful coexistence among people of different 
					faiths in the world, with a focus on rahmah (universal love 
					and compassion). The main vehicles for promoting 
					Humanitarian Islam have been North Carolina-registered 
					non-governmental organizations (NGOs), namely Bayt ar-Rahmah 
					(Home of the Divine Grace) and the Center for Shared 
					Civilizational Values. Key advocates of this campaign 
					include current Nahdlatul Ulama (NU) chairman Yahya Cholil 
					Staquf and North Carolina native Holland Taylor...  | 
				
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				ISEAS  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #21: Mitigating Carbon Emissions and 
					Haze in Southeast Asia’s Peatlands: Opportunities and 
					Challenges in Integrating Policy and Governance. Peatland 
					ecosystems in Southeast Asia are globally important as 
					carbon sinks, rich in terrestrial and aquatic fauna and 
					flora, and important sources of livelihood for local 
					communities. However, agribusiness-driven land-use change 
					and drainage cause peatland degradation and peat fires, 
					which generate “haze” air pollution and lead to significant 
					economic losses and health impacts. Disturbed peatlands also 
					become substantial sources of greenhouse gas (GHG) 
					emissions...  | 
				
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				ISEAS  | 
				 
				
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				Safeguarding Elections from Threats Posed by Artificial 
				Intelligence, August 2024. Artificial intelligence (AI) 
				presents a novel challenge to a record-breaking year of 
				elections, with over 20 national elections held since the start 
				of 2024. Much of the public discourse centres on AI’s ability to 
				produce and disseminate mis- and disinformation, which has 
				already impacted some elections. For instance, the deepfake of 
				late Indonesian President Suharto endorsing Golkar candidates 
				circulated during the lead-up in the country’s 2024 general 
				election. The use of AI during elections is beneficial for 
				increasing the efficiency of political campaigning processes, 
				improving information parity and detecting AI-generated and 
				AI-manipulated information. However, the technology has its 
				pitfalls too. Its generative functionality has caused it to 
				become a powerful manipulation tool...  | 
				
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				IPS  | 
					 
				
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				Not Quite Impulsive Spenders: Key Findings from the IPS-CNA 
				Survey on Financing Behaviours among Younger Singaporeans, April 
				2024. The IPS-CNA Survey on Financing Behaviours Among 
				Younger Singaporeans 2022 sought to understand financial 
				attitudes and behaviour among younger Singaporeans. It 
				investigated attitudes and behaviours related to debt, savings, 
				coping with the cost living, as well as planning for the future. 
				The key findings of the study are summarised below. Almost half 
				of all respondents indicated that food is their top or second 
				top expenditure. Respondents aged 25 to 39 most often spend 
				money on food (around eight in 10), clothes and footwear (over 
				six in 10), and utility bills (around six in 10). Higher 
				proportions of older respondents also indicated that they pay 
				allowance to their children, parents or other dependents...  | 
				
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				IPS  | 
					 
				
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				Decentralised Governance through Blockchain, March 2024. 
				This paper explores the application of blockchain technology to 
				decentralised governance. More specifically, it examines the 
				potential of blockchain in creating self-governing ecosystems 
				that help manage shared resources effectively. The paper uses 
				the late Nobel laureate Elinor Ostrom’s model of decentralised 
				governance to prove that effective resource management can be 
				undertaken through a system that facilitates and rewards 
				cooperation, as well as punishes parties that violate key 
				principles and laws. This can be achieved without the overriding 
				authority of the state imposing its will on the participants of 
				that said ecosystem...  | 
				
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				IPS  | 
					 
				
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				Public Housing in Singapore: Four Principles for Public 
				Deliberation, February 2024. The paper analyses the baseline 
				principles that underpin public housing policies in Singapore. 
				Presented as four principles that can align or contradict each 
				other, this happens when policy choices are made to achieve a 
				key national objective or a balance of several, or to privilege 
				a key segment of the population as part of those objectives. The 
				four principles that are proposed are: Shelter, Citizenship, 
				Store of Value, and Tradeable Assets and they are explained in 
				detail. The paper provides a language by which to discuss the 
				strategic role it plays in socio-economic development in 
				Singapore and the trade-offs that are involved in prioritising 
				one principle over the others in reforming public housing policy 
				in the future.  | 
				
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				IPS  | 
					 
				
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				Monetary 
				Authority of Singapore: Macroeconomic Review, Volume XXIII, 
				Issue 1, April 2024 (Full 
				Report). In the January 2024 Monetary Policy 
				Statement (MPS), MAS maintained the rate of appreciation of the 
				Singapore dollar nominal effective exchange rate (S$NEER) policy 
				band, with no change to the width of the band or level at which 
				it was centred. Since then, the S$NEER has continued to 
				strengthen in the upper half of the appreciating policy band. 
				Global economic growth remained resilient at the turn of the 
				year. In the near term, growth in Singapore’s major trading 
				partners is expected to be tempered by the impact of past 
				monetary policy tightening and withdrawal of previous 
				expansionary fiscal policies...  | 
				
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				MAS  | 
					 
				
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				MAS Survey of Professional Forecasters, September 2024. 
				The Sep 2024 Survey was sent out on 13 August 2024 to a total of 
				25 economists and analysts who closely monitor the Singapore 
				economy. This report reflects the views received from 21 
				respondents (a response rate of 84%) and does not represent MAS’ 
				views or forecasts. The Singapore economy expanded by 2.9% 
				year-on-year in Q2 2024, above the respondents’ median forecast 
				of 2.7% in the previous survey. In the current survey, the 
				respondents expect the economy to grow by 2.6% year-on-year in 
				Q3 2024. The respondents expect GDP to expand by 2.6% this year, 
				up from 2.4% in the previous survey, with higher forecasts for 
				the finance & insurance, construction as well as wholesale & 
				retail trade sectors...  | 
				
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				MAS  | 
					 
				
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				Latest APEC publications: 
				
					- 
					
					Trade in Value Added (TiVA) in the APEC Region: Evolution of 
					Indicators on GVCs, September 2024
 
					- 
					
					Analytical Report - CTI Initiative on Exploring 
					interoperability in APEC approaches on Green Finance and 
					Sustainability Investing, September 2024
 
					- 
					
					Building a FinTech Ecosystem for the Recovery of the MSME 
					Sector, September 2024
 
					- 
					
					Connecting Traveler Choice with Climate Outcomes: Innovative 
					Greenhouse Gas Emissions Reduction Policies and Practices in 
					the APEC Region through Traveler Behavioral Change, 
					September 2024
 
					- 
					
					Peer Review on Low-Carbon Energy Policies in Peru, September 
					2024
 
					- 
					
					APEC Workshop on Promoting Technology to Contribute to 
					Sustainable Energy Transition, September 2024
 
					- 
					
					APEC Workshop on Promoting Sustainable Energy for Small 
					Farmers towards Climate-friendly Agri Value Chains, 
					September 2024
 
					- 
					
					Enhancing MSME Data Interoperability in the APEC Region, 
					September 2024
 
					- 
					
					APEC Workshop on Promoting Women Economic Empowerment 
					through Enhancing Opportunities for Women in Remote Areas 
					across Agri-food Chains, September 2024
 
					- 
					
					Workshop Summary Report: Increasing Access to the Benefits 
					of Trade for Indigenous Businesses and Entrepreneurs 2023, 
					September 2024
 
					- 
					
					APEC Energy Resiliency Enhancement Project: Project Summary 
					Report, September 2024
 
					- 
					
					APEC Energy Resiliency Sectoral Guidelines for Energy 
					Infrastructure Companies, September 2024
 
					- 
					
					Reframing an Unfolding Canvas: Policy Approaches to 
					Facilitate APEC’s Creative Economy amid Evolving Digital 
					Technologies, September 2024
 
					 
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				APEC  | 
					 
				
				
				
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				Latest ADBI Working Paper Series:
					- 
					
					Remittances and Economic Growth: The Role of Financial 
					Development in Nepal, September 2024
 
					- 
					
					Local Communities’ Perspectives on Ecological Restoration of 
					Native Plant Species: Evidence from Delhi’s Southern Ridge, 
					September 2024
 
					- 
					
					Hydrogen Fuel Cell Trucks: Total Cost of Ownership Analysis 
					for the People’s Republic of China, September 2024
 
					- 
					
					Empowered Women Prioritize the Environmental and Health 
					Impacts of Fuel Choice, September 2024
 
					- 
					
					Labor Market Impact of Export in a Commodity-Dependent 
					Nation: The Case of Indonesia, September 2024
 
					- 
					
					Food Insecurity, Inflation and Government Aid: Evidence from 
					a Household Survey in Developing Asia, September 2024
 
					- 
					
					Digitalization for Decarbonization: Evidence from 
					Bangladesh, the Republic of Korea, and Sri Lanka, September 
					2024
 
					- 
					
					House Insulation: Perceived Needs and Willingness in Central 
					Asia, September 2024
 
					 
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				ADB  | 
					 
				
				
				
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				Latest ADB Working Paper Series:
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				ADB  | 
					 
				
				
				
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				Latest ADB Publications:
					- 
					
					Quality Jobs and the Future of Work in Asia and the Pacific: 
					Impacts of a Triple Transition—Demographic, Digital, and 
					Green, September 2024
 
					- 
					
					Echoes of Success: Case Studies in the Replication of Asian 
					Development Bank Projects in the People's Republic of China, 
					September 2024
 
					- 
					
					Asia Bond Monitor, September 2024
 
					- 
					
					Emerging Hydrogen Energy Technology and Global Momentum, 
					September 2024
 
					- 
					
					Proposed Life Cycle Approach for Promoting Climate 
					Resilience and Carbon Neutrality: Case of the Road Subsector 
					in Tajikistan, September 2024
 
					- 
					
					Indonesia Longitudinal Aging Survey 2023, September 2024
 
					- 
					
					Driving Energy-Efficient and Low-Carbon Investments for 
					Small and Medium-Sized Enterprises through the Finance 
					Sector, September 2024
 
					- 
					
					Public–Private Partnership Monitor: India, September 2024
 
					 
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				ADB  | 
					 
				
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				Asian Development Review, Vol. 
				41, No. 2, September 2024 (Full 
				Report). Two of the articles look at the trade–poverty nexus 
				and the linkages between demographic changes and labor 
				productivity. The other three articles delve into the structural 
				change impacts of trade disputes, special economic zones, and 
				the transfer of labor away from agriculture. 
				
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				ADB | 
				 
				
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				September 2024  | 
				
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				Key Indicators for 
				Asia and the Pacific 2024 
				(Full Report):
				 
				
				Key Indicators for 
				Asia and the Pacific covers 49 
				economies:
				Afghanistan,
				
				Armenia,
				
				
				Australia, 
				Azerbaijan,
				Bangladesh,
				Bhutan,
				
				Brunei Darussalam,
				Cambodia,
				China,
				Cook Islands,
				Fiji Islands,
				
				
				Georgia, 
				Hong 
				Kong, 
				India,
				Indonesia,
				
				
				Japan, 
				Kazakhstan,
				Kiribati,
				Republic 
				of Korea,
				Kyrgyz Republic,
				Lao,
				Malaysia,
				Maldives,
				Marshall Islands,
				Micronesia,
				Mongolia,
				Myanmar,
				Nauru,
				Nepal,
				
				Niue, 
				
				New Zealand, 
				Pakistan,
				Palau,
				Papua New Guinea,
				Philippines,
				Samoa,
				Singapore,
				Solomon Islands,
				Sri Lanka,
				Taipei,
				Tajikistan,
				Thailand,
				Timor-Leste,
				Tonga,
				Turkmenistan,
				Tuvalu,
				Uzbekistan,
				Vanuatu, 
				and 
				
				
				Viet Nam.  | 
				
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				ADB  | 
				 
				
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				Trump 2.0, August 2024. 
				On 5 November, Americans will go to the polls to elect their 
				next president. The choice is between Donald Trump, running for 
				a second, non-consecutive term at the helm of a Republican Party 
				moulded firmly in his image, and incumbent Vice President Kamala 
				Harris, whose surprise elevation to the top of the Democratic 
				ticket has re-energised her party. President Joe Biden’s 
				decision to drop out of the contest has rebalanced the race for 
				the moment. But the political landscape remains volatile. Of two 
				things we can be fairly certain. Trump is better positioned for 
				a knife-edge victory now than he was ahead of his shock win as a 
				political outsider in 2016. Second, compared to a Harris 
				victory, a return of Trump to the White House portends far 
				greater disruption to the global role of the United States...  | 
				
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				Lowy  | 
					 
				
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				The Great Game in the Pacific Islands, August 2024. 
				Pacific Islanders have found their region, previously 
				undervalued by larger powers, now a focal point for strategic 
				competition. Geopolitical competition in the Pacific Islands 
				region is intensifying. From deals on policing in Solomon 
				Islands to building parliamentary complexes in Vanuatu, China’s 
				outreach and activities in the region appear indefatigable. In 
				the words of Australia’s Foreign Minister Penny Wong, Canberra 
				and its partners are locked in a “state of permanent contest” 
				with Beijing over influence in the region. Pacific Island 
				leaders used to complain that Australia and its Western partners 
				paid too little attention to the region...  | 
				
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				Lowy  | 
					 
				
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				Women Are Underfunded in the Pacific Islands, August 2024. 
				Pacific Islands women are not receiving enough development 
				funding. Until 2021, only about 3% of all aid had gender 
				equality as its “principal” target, below the global average of 
				4%, and only a quarter of all aid had gender equality as a 
				“significant” focus, 13% below the global average. Australia’s 
				financing for Pacific women’s development overshadows that of 
				all other development partners. Australia’s total contribution 
				is slightly below the global average of financing for women’s 
				development, although it is expected to rise with the 
				implementation of new targets. Aid to the sector from China is 
				negligible...  | 
				
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				Lowy  | 
					 
				
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				Latest East-West Center Asia Pacific 
				Bulletin series: 
				
					- 
					
					US-Japan Alliance Resiliency Amid Risks, August 2024
 
					- 
					
					United States, UNESCO, and International Relations through 
					Cultural Heritage, August 2024
 
					- 
					
					Rise of Economic Nationalism in Emerging Economies and the 
					Influence of Elections, August 2024
 
					- 
					
					How Will the Probowo Administration Shape Indonesia’s 
					Foreign Policy as a Middle Power? August 2024
 
					- 
					
					South Korean Perspectives on China-Russia Collaboration in 
					the Arctic, August 2024
 
					- 
					
					Arctic Geopolitics and Governance: An Indian Perspective, 
					August 2024
 
					- 
					
					Sino-Russia Arctic Relations - The View from Singapore, 
					August 2024
 
					- 
					
					US Perspectives on Sino-Russian Cooperation in the Arctic 
					and Roles for Partners, August 2024
 
					- 
					
					Japan's Arctic Policy - Current Status and Challenges, 
					August 2024
 
					- 
					
					The US-India Clean Energy Partnership and Quad Provide 
					Overlapping Pathways to Produce Clean Energy, August 2024
 
					- 
					
					Enhancing Military Diplomacy in the Asia Pacific - A US 
					Foreign Area Officer’s Perspective, August 2024
 
					 
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				EWC  | 
					 
				
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		ASPI’s Two-Decade Critical Technology Tracker, August 2024. The 
		Critical Technology Tracker is a large data-driven project that now 
		covers 64 critical technologies spanning defence, space, energy, the 
		environment, artificial intelligence, biotechnology, robotics, cyber, 
		computing, advanced materials and key quantum technology areas. It 
		provides a leading indicator of a country’s research performance, 
		strategic intent and potential future science and technology capability. 
		It first launched 1 March 2023 and underwent a major expansion on 28 
		August 2024 which took the dataset from five years (previously, 
		2018–2022) to 21 years (2003–2023)...  | 
				
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				ASPI  | 
					 
				
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		When China Knocks at the Door of New Caledonia, August 2024. China’s 
		covert foreign interference activities in the Pacific are a very 
		important, and yet under-researched, topic. This report uses New 
		Caledonia as the case study to examine China’s hidden front, throughout 
		the wider Pacific. Successive months of violence and unrest in New 
		Caledonia in 2024, have heightened regional and international awareness 
		of the uncertain future of the territory, and the role of China in that 
		future. The unrest erupted after France pushed through legislation 
		extending voting rights in the territory. The CCP has engaged in a range 
		of foreign interference activities in New Caledonia over many decades, 
		targeting political and economic elites, and attempting to utilise the 
		ethnic Chinese diaspora and PRC companies as tools of CCP interests...  | 
				
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				ASPI  | 
					 
				
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		Ice Panda: Navigating China’s Hybrid Antarctic Agenda, August 2024. Antarctica 
		is often overlooked in strategic discussions, but its role in 
		geopolitical competition deserves attention. This report assesses the 
		continents importance to Australian security, China’s hybrid Antarctic 
		activity, and the need for Australia to develop a balancing strategy 
		capable of bolstering the Antarctic Treaty and ‘pushing back’ against 
		growing Chinese power in Antarctica. Antarctica offers significant 
		strategic advantages for the People's Republic of China (PRC). Although 
		Beijing's actions in Antarctica may not overtly violate the Antarctic 
		Treaty (AT), they effectively undermine its principles and, by 
		extension, Australia's strategic interests...  | 
				
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				ASPI  | 
					 
				
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		Australia’s New Digital ID System: Finding the Right Way to Implement 
		It, August 2024. This report reviews the Australian 
		Government's proposed plans for establishing a digital ID, and the ways 
		the new system is expected to work. It explores the planned digital ID 
		system, the key features of the approach, and the privacy and security 
		protections that have been built into the proposals. Australia has had a 
		long and troubled history with national ID systems, dating back to the 
		mid-1980 when the government failed to introduce the Australia Card. 
		Since then, Australia has ended up with a clunky and inefficient process 
		to identify peoples’ identities online. It has led to an oversharing and 
		storage of sensitive personal data...  | 
				
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				ASPI  | 
					 
				
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		The ‘Official’ Histories of Australian and British Intelligence: Lessons 
		Learned and Next Steps, August 2024. Unclassified, 
		official histories of ‘secret’ intelligence organisations, for public 
		readership, seem a contradiction in terms. These ‘official’ works are 
		commissioned by the agencies in question and directly informed by those 
		agencies’ own records, thus distinguishing them from other, outsider 
		historical accounts. But while such official intelligence histories are 
		relatively new, sometimes controversial, and often challenging for 
		historians and agencies alike, the experiences of the Australian and 
		British intelligence communities suggest they’re a promising development 
		for scholarship, maintaining public trust and informed public discourse, 
		and more effective functioning of national security agencies. 
		Furthermore, these histories remain an ongoing project for Australia’s 
		National Intelligence Community (NIC).  | 
				
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				ASPI  | 
					 
				
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		Gender Mainstreaming in United Nations Peace Operations: An Unfulfilled 
		Promise? August 2024. The principle of gender equality 
		is a cornerstone of the United Nations (UN). Centred on equal access to 
		rights, opportunities, resources and decision-making powers irrespective 
		of gender, it’s embedded within the UN Charter and championed in the UN 
		Universal Declaration of Human Rights. Mechanisms such as the inaugural 
		resolution 1325 on Women, Peace and Security (WPS) agreed to in 2000 by 
		the UN Security Council (UNSC), and the adoption of an additional nine 
		WPS resolutions, further represent the critical intent to achieve this 
		goal. The purpose of such WPS mechanisms is to cultivate gender balance, 
		foster diverse leadership and champion gender equality in a global 
		effort to establish sustainable peace after conflict...  | 
				
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				ASPI  | 
					 
				
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		The Geopolitics of Water: How the Brahmaputra River Could Shape 
		India–China Security Competition, August 2024. This 
		report assesses the geopolitical impact of a possible dam at the Great 
		Bend of the Brahmaputra. In particular, it exams the dam as a potential 
		source of coercive leverage China may gain over India. A dam there would 
		create four likely strategic effects: it would very likely consolidate 
		Beijing’s political control over its distant borderlands; it would 
		create the potential for massive flooding as a tool of violence; it may 
		affect human settlement and economic patterns on the Indian side of the 
		border, downstream; and it would give Beijing water and data that it 
		could withhold from India as bargaining leverage in unrelated 
		negotiations. To mitigate those challenges and risks, the report 
		provides three policy recommendations for the Indian Government and its 
		partners in Australia and the US...  | 
				
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				ASPI  | 
					 
				
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					Indo-Pacific as a Strategic Imperative for the EU: Whither 
					Australia? August 2024. 
					No global actor can afford to fall short in contributing to 
					a stable, peaceful, and prosperous Indo-Pacific—this 
					particularly applies to a somewhat distracted European Union 
					(EU). The EU should become more central to fostering order 
					in the Indo-Pacific, arguably more than it realizes: It is 
					not taken too seriously as a regional actor beyond 
					economics. It is critical for the EU to pay special 
					attention to four principal strategic bearings: 1) 
					International order probing and reform is mostly led by 
					Indo-Pacific residents, 2) Indo-Pacific geo-economics will 
					rule the roost only more, 3) The Indo-Pacific will largely 
					determine (any) climate change reversion, and 4) The tech 
					war will mostly play out in the Indo-Pacific...  | 
				
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				ISDP  | 
				 
				
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					Russia-DPRK Partnership: Implications for the West, August 
					2024. 
					This issue brief examines the evolving relationship between 
					the DPRK and Russia, particularly since Russia’s invasion of 
					Ukraine in 2022. The partnership has deepened, with North 
					Korea supporting Russia diplomatically and receiving 
					military and economic aid in return. This alliance, 
					formalized during Putin’s 2024 visit to Pyongyang, has 
					significant implications for regional stability and global 
					geopolitics, including for Europe. The DPRK-Russia 
					Comprehensive Strategic Partnership encompasses military, 
					economic, and technological cooperation, challenging U.S.-ROK 
					alliance strategies and potentially intensifying regional 
					arms races and provocations. The DPRK’s selective engagement 
					strategy underscores its prioritization of relationships 
					that bolster its security and economic interests amidst 
					global tensions.  | 
				
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				ISDP  | 
				 
				
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					Taiwan and International Organizations – Between Security, 
					Cooperation and Identity, August 2024. 
					International organizations are a historical point of 
					contestation between the People’s Republic of China (PRC) 
					and the Republic of China (ROC), today commonly known as 
					Taiwan. As of 2024, only 11 United Nations (UN) 
					member-states and the Holy See diplomatically recognize 
					Taiwan. However, 70 years ago the situation was very 
					different. As the Chinese Communist Party (CCP) established 
					its rule in China in 1949, it started from a position of 
					little international recognition. At that time, the ROC not 
					only represented China in the UN system but also held a seat 
					at the UN Security Council. Since then, the situation has 
					effectively been reversed...  | 
				
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				ISDP  | 
				 
				
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					The Political Gambit in Sports: Taiwan’s Struggles and 
					Opportunities, August 2024. 
					In the Paris 2024 Olympics, the Taiwanese government is 
					being given the opportunity to use ‘Taiwan’ as its name in 
					the Cultural Olympiad. Taking part in international sports 
					is viewed as a critical means to bolster Taiwan’s diplomatic 
					outreach, contributing to advancing cross-strait relations 
					and relations with other countries while promoting Taiwan 
					internationally. Taiwan’s sports diplomacy relies on hosting 
					international sporting events and academic events and 
					conducting cross-strait exchange programs. Due to China’s 
					pressure on Taiwan’s participation in the international 
					space, the effectiveness of these strategies is limited...  | 
				
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				ISDP  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #20: The Evolution of Economic Reforms 
					across Myanmar’s Administrations. Myanmar’s 
					economic trajectory has shifted across various governmental 
					regimes, transitioning from socialist to democratic systems 
					and from planned to market economy structures. The economic 
					policies implemented by successive governments often lacked 
					coherence and were characterized by ad hoc measures aimed at 
					short-term solutions rather than addressing underlying 
					issues. Policymakers since 1989 have endeavoured to guide 
					Myanmar towards a market-oriented economy, characterized by 
					what could be termed the “Burmese/Myanmar Way to Market 
					Economy”, which includes significant restrictions and 
					controls...  | 
				
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				ISEAS  | 
				 
				
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				Latest APEC publications: 
				
					- 
					
					APEC Regional Trends Analysis, August 2024
 
					- 
					
					APEC Energy Overview 2024
 
					- 
					
					Driving the Future: Leveraging Regional Cooperation for 
					Inclusive, Sustainable, and Resilient Electric Vehicle 
					Battery Supply Chains, August 2024
 
					- 
					
					Final Report: Sub-regional Pilot of the APEC Occupational 
					Standards for the Travel, Tourism and Hospitality Industry 
					in the Pacific Alliance, August 2024
 
					- 
					
					Workshop on Health and Innovation - Building A Resilient 
					Public Health System Capacity for A Stronger Economic 
					Recovery from the COVID-19 Pandemic, August 2024
 
					- 
					
					Guideline to Good Practices - Cycle of Workshops to 
					Strengthen Prevention, Coordination, and Response Capacities 
					through the Incident Command System (ICS), August 2024
 
					 
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				APEC  | 
					 
				
				
				
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				Latest ADB Working Paper Series:
				 | 
				
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				ADB  | 
					 
				
				
				
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				Latest ADBI Working Paper Series:
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				ADB  | 
					 
				
				
				
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				Latest ADB Publications:
					- 
					
					Preparing Outer Islands for Sustainable Energy Development: 
					Maldives’ Experience in Deploying Advanced Hybrid Renewable 
					Energy Systems, August 2024
 
					- 
					
					Key Aspects of UNIDROIT Principles on Digital Assets and 
					Private Law, August 2024
 
					- 
					
					2021 International Comparison Program for Asia and the 
					Pacific Purchasing Power Parities and Real Expenditures: A 
					Summary Report, August 2024
 
					- 
					
					An Introduction to Digital Assets, August 2024
 
					- 
					
					Enhancing Data Management through the Statistical Data and 
					Metadata Exchanges Standard: A Special Supplement of Key 
					Indicators for Asia and the Pacific 2024
 
					- 
					
					A Guide to Insurable Infrastructure in the Pacific, August 
					2024
 
					- 
					
					Paving the Inclusive Path toward Water for All: Policies and 
					Cases Supporting a Human Rights-Based Approach in Asia and 
					the Pacific, August 2024
 
					- 
					
					The Ten Questions of Sound Public Debt Management, Published 
					2024
 
					- 
					
					Climate-Resilient Ocean Governance in the People’s Republic 
					of China, August 2024
 
					- 
					
					Regional Cooperation and Integration to Promote 
					Sustainability and the Digital Transformation of Tourism, 
					August 2024 
 
					- 
					
					Exchange of Information Handbook, August 2024
 
					- 
					
					Case Studies of ADB's Procurement Procedures, August 2024
 
					- 
					
					Pacific Economic Monitor: Building Resilience the Pacific 
					Way, August 2024
 
					 
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				ADB  | 
					 
				
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				August 2024  | 
				
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				The US Should Enhance Economic Engagement with Taiwan, July 2024. 
				US engagement with Taiwan should place greater emphasis on the 
				island’s economic resilience and vitality. Further strengthening 
				Taiwan’s economy will make it more capable of bearing the 
				financial burden of defending the island against a Chinese 
				invasion. Additionally, a more robust Taiwan economy could 
				provide more domestic space to manage relations vis-à-vis the 
				United States and China. The United States cannot afford to lose 
				Taiwan, a key democratic partner, an important link in the 
				global supply chain network, and a critical player in America’s 
				competition with China in the global semiconductor industry...  | 
				
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				EWC  | 
					 
				
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				Election 2024 in Pakistan - A Catalyst for Strengthening Global 
				Health Security Partnerships, July 2024. 
				The recent 2024 elections in Pakistan present a unique 
				opportunity to strengthen global health security through 
				enhanced collaboration, ultimately contributing to improved 
				health outcomes and resilience to domestic and international 
				health threats. Against the backdrop of persistent health 
				security challenges, particularly the threat of infectious 
				diseases like malaria and polio, understanding how political 
				dynamics influence health governance is crucial for advancing 
				health security in Pakistan. This brief explores the impact of 
				Pakistan’s 2024 electoral outcomes on health policy formulation, 
				resource allocation, and continued partnership and engagement 
				with the United States on global health security and sustainable 
				development...  | 
				
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				EWC  | 
					 
				
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				Strategic Realignments: Assessing the Impact of Taiwan's 2024 
				Elections on US-China Relations and Indo-Pacific Stability, July 
				2024. 
				On January 13, 2024, Taiwan conducted presidential and 
				comprehensive legislative elections. Lai Ching-te of the 
				Democratic Progressive Party (DPP) was elected president, thus 
				preserving the party's dominance over the executive branch. 
				Concurrently, the Kuomintang (KMT) managed to secure the largest 
				share of seats in the legislature, achieving a majority through 
				a coalition with the increasingly influential Taiwan People's 
				Party (TPP). This shift in political dynamics represents a 
				significant departure from the era of Tsai Ing-wen, during which 
				the DPP maintained robust control over both the executive and 
				legislative branches, thereby minimizing the influence of 
				opposition parties...  | 
				
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				EWC  | 
					 
				
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				Japan, the Philippines, and the United States: A New Era of 
				Partnership through Trilateral Defense and Security Cooperation, 
				July 2024. 
				On April 11, 2024, a historic trilateral summit took place at 
				the White House between the United States, Japan, and the 
				Philippines. The leaders of the three countries agreed to deepen 
				security and economic ties, with a joint statement outlining 
				their shared commitment to maintaining a free and open 
				rule-based international order in the Indo-Pacific region. The 
				strengthening of trilateral cooperation is a significant 
				strategic move to institutionalize the deterrence and response 
				capabilities of US allies and partners, especially to protect 
				the territorial sovereignty in the South China Sea (SCS) and 
				East China Sea (ECS)...  | 
				
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				EWC  | 
					 
				
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				The Role of the United States in Just Energy Transition 
				Partnerships in Indonesia and Vietnam, July 2024. 
				The potential reelection of Donald Trump as the US president 
				looms as a critical juncture with profound implications for 
				global energy transition efforts and climate commitments. 
				Throughout Trump’s presidency (2016 to 2020), his administration 
				championed domestic energy production while systematically 
				dismantling key domestic climate policies, ultimately 
				withdrawing from the landmark Paris Agreement. In stark 
				contrast, Trump’s successor, President Joe Biden, has swiftly 
				positioned combating climate change as a central pillar of his 
				administration's agenda.  | 
				
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				EWC  | 
					 
				
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				Testing Taiwan’s Democracy, July 2024. 
				Despite fears of foreign interference, ballot hacking, and 
				social media subversion, Taiwan’s 2024 election went off without 
				a hitch, securing a win for the incumbent Democratic Progressive 
				Party (DPP) and concessions from its main opponents, the 
				Kuomintang (KMT) and the Taiwan People’s Party (TPP). 
				Nevertheless, Taiwan’s new government faces rough seas ahead. As 
				they chart their course, Taiwan’s leaders will have to navigate 
				three perilous domains: a divided domestic polity, an 
				increasingly aggressive China, and an unpredictable American 
				election. This bulletin highlights Taiwan’s liabilities in these 
				domains and some of its hidden strengths...  | 
				
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				EWC  | 
					 
				
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				Decoding Social Media’s Role in Taliban 2.0 and its Implications 
				for Afghan Youth, July 2024. 
				The Taliban retook control of Afghanistan on Aug. 15, 2021 after 
				two decades of fighting on the ground and manipulating 
				narratives online, particularly on social media. Their tactical 
				use of social media was more evident in 2021 when they were 
				advancing their territorial gains and posting on social media to 
				promote the idea of their impending return to power. This study 
				aims to understand the (ab)use of social media by the resurgent 
				Taliban 2.0 and to suggest ways young Afghans can utilize social 
				media to navigate their lives under the new regime. The authors 
				undertook a critical review of the literature to analyze the 
				Taliban’s social media tactics in manipulating public narratives 
				to portray themselves as the legitimate rulers of Afghans...  | 
				
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				EWC  | 
					 
				
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				Digitising the Social Safety Net: Lessons From Indonesia, July 
				2024. 
				This analysis paper examines Indonesia’s journey in digitising 
				its social safety net, emphasising the scale and long-term 
				nature of the initiative. It offers insights for other countries 
				undertaking similar initiatives and poised to leverage future 
				digital advancements. Central to Indonesia’s success is 
				unwavering government commitment, demonstrated through 
				high-level political will and collaborative efforts across 
				government agencies, regulators, local governments, the private 
				sector, and international development partners. Indonesia’s 
				approach highlights the value of tailored solutions and 
				continuous experimentation rather than simply replicating the 
				models of others. Sustaining progress requires ongoing 
				commitment and adaptive strategies to navigate evolving 
				government agendas and advancements in technology.  | 
				
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				Lowy  | 
					 
				
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				Deterrence and Alliance Power: Why the AUKUS Submarines Matter 
				and How They Can Be Delivered, July 2024. 
				The AUKUS program to deliver eight nuclear-powered 
				conventionally armed submarines to Australia is a large, 
				technologically challenging, and industrially demanding venture. 
				Many doubts have been raised about its practicality. This report 
				addresses each of those critiques squarely. It concludes that 
				some concerns are warranted but others have been ill-informed or 
				driven by outdated assumptions. The United States, the United 
				Kingdom, and Australia have all committed substantial resources 
				to ensure that the submarine program succeeds. Progress in most 
				areas is impressive. Project planning is in an advanced state, 
				programs of industrial expansion and modernisation are well 
				underway, personnel recruitment and training are advancing, and 
				the AUKUS submarine design should be finalised within 18 
				months...  | 
				
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				Lowy  | 
					 
				
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		Full Tilt: The UK’s Defence Role in the Pacific: Views From the 
		Strategist, July 2024. Britain has a new prime minister, 
		Keir Starmer, leading its first Labour government in 14 years. Key 
		questions for us now are how Britain under Labour will approach the 
		security partnership with Australia and whether London will remain 
		committed to investing defence resources in the Indo-Pacific. This 
		report provides vital context for addressing these questions. In this 
		series of articles, originally published in ASPI’s The Strategist this 
		year, ASPI authors review the historical underpinnings and future course 
		of Britain’s strategic recoupling with Australia and this region, 
		especially the Pacific Islands, from perspectives ranging from 
		deterrence to climate resilience...  | 
				
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				ASPI  | 
					 
				
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		A National Strategic Warning Intelligence Capability for Australia, July 
		2024. Australia’s strategic warning time has 
		collapsed—in response to profound geopolitical shifts. As the ADF is 
		adapting to the hard implications of this change, so must the national 
		intelligence community (NIC). Australian Government decision-makers need 
		time and insight to identify and prioritise threats (and opportunities) 
		and devise effective responses. Strategic warning intelligence enables 
		and empowers them to do so. But it must be done in a way that keeps up 
		with the rapid pace of geopolitical and technological change, and a 
		widening array of non-traditional strategic threats, and in a fashion 
		best suited to Australia’s circumstances...  | 
				
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				ASPI  | 
					 
				
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					Taiwan-PRC Crisis: What Cross-Strait Conflict Could Cost 
					Europe, July 2024. 
					The escalating tensions between Taiwan and China pose 
					significant economic and strategic challenges to the 
					European Union, such as the inaccessibility of Taiwanese 
					inputs, market, and capital. This issue brief aims to 
					examine Europe’s economic stake in the peace and stability 
					of the Taiwan Strait. By outlining EU-Taiwan’s economic ties 
					and emphasizing European interest in the self-governing 
					island, this issue brief highlights the potential costs of a 
					cross-strait crisis in Europe and what actions Europe needs 
					to take. It additionally examines two scenarios of an armed 
					conflict: a blockade and an all-out war. In its conclusion, 
					the issue brief provides a perspective of Europe’s stake in 
					cross-strait peace and stability.  | 
				
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				ISDP  | 
				 
				
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					Deciphering North Korea’s Military Activities, July 2024. 
					In 2024, the growing tensions on the Korean Peninsula have 
					highlighted the unpredictability of North Korea’s military 
					intentions. This issue brief evaluates the strategic 
					behaviors of North Korea, particularly under the leadership 
					of Kim Jong Un. By analyzing public military activities, 
					often portrayed as a “show of force,” it attempts to 
					interpret the underlying political and strategic intentions 
					that North Korea aims to convey both domestically and 
					internationally. The analysis suggests that these displays 
					serve multiple functions, including deterrence, coercion, 
					and internal governance. This issue brief contributes to a 
					more nuanced understanding of North Korea’s military 
					posturing and proposes considerations for a rational 
					strategy in the ROK-U.S. alliance’s approach towards the 
					regime.  | 
				
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				ISDP  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #19: From Paper to Practice: 
					Generational Divides in Understanding Thailand’s History 
					Grow Amid Political Polarization. Amid political 
					polarization, knowledge and understanding of Thailand’s 
					history have also diverged radically. This divide is 
					especially evident between younger and older generations. 
					Driving this phenomenon is the growing rejection by students 
					of the traditional history taught in public schools, which 
					in the past had been a means for the Thai state to instil in 
					the young a sense of nationalism, national pride and shared 
					values. Poor pedagogy that emphasizes memorization, and that 
					discourages discussions and critical thinking, has alienated 
					many from the subject. Education professionals and student 
					activists have also been critical of this development...  | 
				
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				ISEAS  | 
				 
				
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					Politics, Pandemics and Economics: Malaysia’s Post-Covid 
					Election, July 2024. Malaysia’s fifteenth general 
					election was in November 2022. Held in the aftermath of the 
					Covid-19 pandemic, economic recovery was sufficiently robust 
					to benefit the two political parties PAS and BERSATU which 
					campaigned as incumbents in the election. There was a shift 
					in the support away from UMNO to these two parties amongst 
					the Bumiputra voters in Peninsular Malaysia. Voters’ support 
					for PAS was particularly strong in constituencies with 
					higher poverty rates and lower inequality. The opposite is 
					true for PKR and DAP. The low explanatory power of the 
					economic voting model for UMNO also hints that other factors 
					that could have reduced voters’ support for the party in 
					GE2022.  | 
				
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				ISEAS  | 
				 
				
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						High 
						Frequency Macroeconomic Forecasts Current Quarter Model: 
						2024Q3, July 2024. Hong Kong's economic growth grew 
						by 2.7% in 24Q1, lower than the annual 3.3% in 2023. 
						Hong Kong’s real GDP is expected to further moderate to 
						a 2.0% growth in 24Q2, reflecting a slowdown in Hong 
						Kong domestic demand. Given the tightness in the labour 
						market, the unemployment rate is projected to remain at 
						3.0% in 24Q3. Private consumption expenditure is 
						expected to experience a slight negative growth in 24Q3 
						since the recovery from the pandemic. Clouded by a grim 
						outlook for the retail industry, the volume of retail 
						sales dropped by 16.5% and 12.9% in April and May 2024 
						respectively...  | 
				
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				HKU  | 
					 
				
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				Latest APEC publications: 
				
					- 
					
					Assessing Study on the Impact of Information Technology 
					Agreement (ITA) and Future of ICT Trade, July 2024
 
					- 
					
					Reframing an Unfolding Canvas: Policy Approaches to 
					Facilitate APEC’s Creative Economy amid Evolving Digital 
					Technologies, July 2024
 
					- 
					
					APEC SEN Mental Health Training Curriculum to Empower 
					Well-being of Life Onboard for Seafarers across the APEC 
					Region, July 2024
 
					- 
					
					APEC Climate Economics Cross-Border Educational Course 
					(CECC), July 2024
 
					- 
					
					Challenges, Opportunities and Trends of Digitalization in 
					Education in the Asia-Pacific Region, July 2024
 
					- 
					
					Report - Nature-Based Tourism and Adventure Tourism in the 
					APEC Economies, Published 2024
 
					- 
					
					International Investment Agreements and Climate Change: What 
					is the Role that International Investment Agreements Play in 
					the Transition to a Green Economy? July 2024
 
					- 
					
					GHS Preparation Checklist and Guidance on How to Upgrade to 
					Higher GHS Version, July 2024
 
					- 
					
					Compendium of Best Practices on Mental Health Resilience of 
					Healthcare Workers in the New Normal, July 2024
 
					- 
					
					Improving the Accessibility and Inclusivity of Public 
					Transport through New and Emerging Transport Technologies - 
					Best Practice Guidance for Policy Makers, July 2024
 
					 
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				APEC  | 
					 
				
				
				
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				Latest ADB Working Paper Series:
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				ADB  | 
					 
				
				
				
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				Latest ADBI Working Paper Series:
					- 
					
					Global Value Chains, Employment, and Wage Inequality: A 
					Study of Indian Manufacturing, July 2024
 
					- 
					
					The Paradox of Progress: Technological Advancements in 
					Banking and the Dual Impact on SME Bank Borrowing, July 2024
 
					- 
					
					Are Financing Conditions a Threat to SMEs’ Performance, 
					Growth, and Transformation? July 2024
 
					- 
					
					Droughts: Learning Continuity and Recovery, July 2024
 
					- 
					
					Forced Displacement: A Rapidly Rising Vulnerability and Its 
					Challenges for an Inclusive and Sustainable Asia and the 
					Pacific, July 2024
 
					- 
					
					The Impacts of Climate Change and Air Pollution on 
					Children’s Education Outcomes: Evidence from Viet Nam, July 
					2024
 
					- 
					
					Factors Contributing to Differences in Unmet Healthcare 
					Needs Among Vietnamese Older Persons Between Pre- and 
					Post-COVID-19 Pandemic Periods: Evidence from National 
					Surveys, July 2024
 
					- 
					
					Gender Perspective of Globalization and Human Development: 
					Evidence from Individual-Level Data, July 2024
 
					- 
					
					Disruption to Schooling: Evidence from Volcano Eruptions on 
					Java Island, Indonesia, July 2024
 
					- 
					
					Informal Labor Regulations, Firm Boundaries, and Global 
					Sourcing, July 2024
 
					- 
					
					Can ICT Make Small Beautiful? Examining the Role of ICT in 
					Affecting the Credit Behavior of SMEs in India, July 2024
 
					 
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				ADB  | 
					 
				
				
				
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				Latest ADB Publications:
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				ADB  | 
					 
				
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				Asian Development Outlook, July 2024. Growth in 
				developing Asia accelerated in the first quarter of 2024 on 
				resilient domestic demand and strong export growth, particularly 
				in electronics. The region’s growth forecast for 2024 is 
				increased slightly to 5.0%, while the 2025 projection is 
				maintained at 4.9%. East Asia’s 2024 growth projection is 
				revised up to 4.6% on strong exports of semiconductors and other 
				goods driven by the artificial intelligence boom, with the 2025 
				projection maintained at 4.2%. Despite some changes in 
				individual economies, growth forecasts for Southeast Asia remain 
				at 4.6% in 2024 and 4.7% in 2025, and for the Pacific at 3.3% in 
				2024 and 4.0% in 2025...  | 
				
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				ADB  | 
					 
				
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				July 2024  | 
				
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				Deterring at a Distance: The Strategic Logic of Aukus, June 2024. 
				As China’s massive military build-up drives rising regional 
				security anxieties, Australia is contributing to a more 
				favourable balance of power through AUKUS. This 
				technology-sharing agreement with the United Kingdom and the 
				United States will see eight nuclear-powered submarines (SSNs) 
				in Australian service by the 2050s. SSNs are overwhelmingly in 
				Australia’s interest because they strengthen the country’s 
				ability to deter war by threatening painful consequences for 
				aggression against Australia, its partners, and its interests. 
				The 2023 Defence Strategic Review explicitly tasks the 
				Australian Defence Force with a deterrence role against a 
				significant military power — a relatively new mission. SSNs are 
				optimal deterrence machines, able to accomplish the essential 
				tasks laid out in the Review.  | 
				
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				Lowy  | 
					 
				
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				Southeast Asia Aid Map 2024 - Key Findings Report, June 2024. 
				After a pandemic-related surge in support, total official 
				development finance to the region fell to a new low of $26 
				billion in 2022. There has been a sharp decline in new Chinese 
				development financing, though ongoing projects mean Beijing 
				looks set to remain the dominant infrastructure financier in the 
				region. Traditional development partners collectively continue 
				to dominate total financing, accounting for nearly 90% of total 
				ODF disbursements to Southeast Asia in 2022. The Asian 
				Development Bank and Japan played the most substantive roles in 
				supporting crisis man- agement and recovery. Climate development 
				finance dropped 15% in 2022 despite increased policy emphasis 
				from the international community, leaving the region’s green 
				transition at risk...  | 
				
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				Lowy  | 
					 
				
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				Constrained Recovery: Global Shocks and Emerging Southeast Asia, 
				May 2024. 
				Southeast Asia’s emerging economies are some of the most 
				successful in the world. Economic recovery from the Covid-19 
				pandemic and Russia’s invasion of Ukraine is underway, and the 
				region has returned to relatively strong growth. Nonetheless, 
				the impact from these shocks and ongoing developments in the 
				world economy has been substantial. This report focuses on how 
				the high-performing economies of Emerging Southeast Asia — 
				Cambodia, Indonesia, Malaysia, the Philippines, Thailand, and 
				Vietnam — have been affected and their outlook for growth and 
				development reshaped by the tumultuous events of recent years. 
				Emerging Southeast Asia managed the economic impacts of Covid-19 
				and Russia’s invasion of Ukraine relatively well...  | 
				
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				Lowy  | 
					 
				
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				Growing Foreign and Security Policy Challenges Face India’s 
				Re-elected Modi Government, June 2024. 
				The 2024 Indian general election—the largest in human history, 
				with 642 million taking part—resulted in a third five-year term 
				for incumbent Prime Minister Narendra Modi and the ruling 
				coalition headed by his Bharatiya Janata Party (BJP). Unlike 
				some of his predecessors, Modi has been keen to establish 
				himself as a foreign and defense policy heavyweight. Reflecting 
				the scale of Modi’s stated ambition, India’s External Affairs 
				Minister has compared him favorably to India’s founding Prime 
				Minister, Jawaharlal Nehru, despite the latter’s lasting 
				international reputation as a global leader...  | 
				
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				EWC  | 
					 
				
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				Revisiting the Cambodia-Thailand Maritime Dispute: International 
				Law, Politics and Nationalism, June 2024. 
				This article analyzes the historical and continuing 
				Cambodia-Thailand maritime dispute in the Overlapping Claims 
				Area of the Gulf of Thailand, first looking into the history of 
				the dispute to identify primary sticking points that have led to 
				the five decade deadlock and then considering current politics, 
				attendant risks and possibilities of finding a solution to the 
				deadlock. The author argues that policy makers have a historic 
				opportunity to seize the moment by using large amounts of 
				political capital accumulated in the elections last year to 
				break the longstanding impasse. Policy makers must pay heed to 
				nationalisms in both countries to lessen the risks of 
				negotiation failure...  | 
				
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				EWC  | 
					 
				
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				Indo-Pacific Minilateralism and Strategic Competition (I): 
				Australia/Japan and Chinese Approaches Compared, June 2024. 
				This East-West Center Occasional Paper is the first in a set of 
				two papers examining the ways in which Australia and Japan have 
				sought to leverage minilateral forms of cooperation as a means 
				of strategic competition in the Indo-Pacific. The topic of 
				minilateralism is usually treated as response to the rise of 
				China on the part of “Western” countries, but this obscures the 
				fact that Beijing is also a major practitioner of minilateral 
				forms of cooperation. This paper concludes that Australia and 
				Japan have taken a traditional “security-first” approach to 
				minilateralism. This stands in contrast to the more expansive 
				approach pursued by Beijing, which focuses primarily on 
				geoeconomics along with China’s broader goal of becoming a 
				global leader, which has potential implications for 
				international order...  | 
				
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				EWC  | 
					 
				
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				Japan/Australia Minilateralism in the Indo-Pacific (II): 
				Advancing Cooperation in Order-building and Geoeconomics, June 
				2024. 
				This East-West Center Occasional Paper is the second of a set of 
				two papers examining how Japan and Australia are seeking to 
				employ minilateral institutions to enhance their cooperation and 
				compete strategically in an increasingly contested region. The 
				first paper demonstrated how Japan and Australia have adopted a 
				minilateralist approach that chiefly prioritizes traditional 
				security concerns, in contrast to China’s emphasis on 
				geoeconomics alongside its efforts to entrench its 
				global/regional leadership and shape the international order. 
				This second paper considers the strategic objectives underlying 
				China’s practice of minilateralism and reevaluates the 
				order-building and geoeconomic dimensions within the 
				Australian/Japanese practice of minilateralism...  | 
				
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				EWC  | 
					 
				
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				North of 26 Degrees South and the Security of Australia: Views 
				From the Strategist, Volume 9, June 2024. Expanding 
				on previous volumes, this edition introduces thematic chapters 
				focused on a range of subjects relevant to northern Australia. 
				These include;
					- Defence in the North,
 
					- Developing Northern 
					Australia,
 
					- Northern Australia and the 
					Indo-Pacific
 
					- Critical Minerals, Energy, 
					and Commodities,
 
					- Space, Food Security and 
					Climate Trends
 
					 
					As in previous editions, 
					Volume 9 contains a range of expert opinions across these 
					varied topics...  | 
				
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				ASPI  | 
					 
				
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		Negotiating Technical Standards for Artificial Intelligence, June 2024. At 
		the heart of how AI technologies are developed, deployed and used in a 
		responsible manner sit a suite of technical standards: rules, guidelines 
		and characteristics that ensure the safety, security and 
		interoperability of a product. The report authors highlight that the 
		Indo-Pacific, including Australia and India, are largely playing 
		catch-up in AI standards initiatives. The United States and China are 
		leading the pack, followed by European nations thanks to their size, 
		scope and resources of their national standardisation communities as 
		well as their domestic AI sectors. Not being strongly represented in the 
		world of AI governance and technical standards is a strategic risk for 
		Indo-Pacific nations. For a region that’s banking on the opportunities 
		of a digital and technology-enabled economy and has large swathes of its 
		population in at-risk jobs...  | 
				
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				ASPI  | 
					 
				
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		The Cost of Defence: ASPI Defence Budget Brief 2024-2025, June 2024. On 
		14 May 2024, the Treasurer released the 2024–25 Budget, describing it as 
		being designed ‘for the here‑and‑now and … for the decades to come’. 
		It’s a pre-election budget, so the priorities for this year’s 
		appropriations are very much the cost-of-living crisis facing Australian 
		citizens and the government’s Future Made in Australia initiative. 
		Unsurprisingly, the big spending in this year’s budget covers domestic 
		social policy issues and the first tranche of a more interventionist 
		industry policy. It is also the case, as it was last year through the 
		2023 Defence Strategic Review (DSR), that much of the defence-related 
		budget had already been announced through the 2024 National Defence 
		Strategy (NDS)...  | 
				
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				ASPI  | 
					 
				
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					Japan’s Energy Security in the Persian Gulf: Caught Between 
					New and Old Challenges, June 2024. 
					The goal of this paper is to investigate the evolution of 
					Japan’s energy strategy in the Persian Gulf and understand 
					how intra-Asian competition for business opportunities in 
					the region can impact Tokyo’s energy security. It analyzes 
					the current state of defense cooperation agreements (DCAs) 
					between leading East Asian and Gulf Cooperation Council 
					countries (GCC). DCAs are considered among the most relevant 
					tools available to states to build up strategic 
					partnerships. Successful DCAs with GCC states are therefore 
					an indicator of political and security commitment...  | 
				
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				ISDP  | 
				 
				
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					Anticipating North Korea’s Next Nuclear Test, June 2024. 
					This issue brief provides a comprehensive analysis of the 
					anticipated technical and strategic objectives behind North 
					Korea’s potential seventh nuclear test, along with an 
					examination of the probable timing for such an event. 
					Drawing upon recent developments, including North Korea’s 
					pursuit of tactical nuclear weapons and its political 
					aspirations for cementing its nuclear status, the issue 
					brief explores the interplay of domestic and international 
					factors shaping Pyongyang’s decision-making. With insights 
					into North Korea’s evolving nuclear capabilities, the 
					analysis delves into the significance of the upcoming U.S. 
					presidential election as a potential catalyst for nuclear 
					testing and its implications for regional dynamics...  | 
				
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				ISDP  | 
				 
				
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					EU-Taiwan Semiconductor Supply Chain: Resilience amid the 
					Digital and Green Transition, June 2024. 
					This issue brief provides a comprehensive analysis of the 
					anticipated technical and strategic objectives behind North 
					Korea’s potential seventh nuclear test, along with an 
					examination of the probable timing for such an event. 
					Drawing upon recent developments, including North Korea’s 
					pursuit of tactical nuclear weapons and its political 
					aspirations for cementing its nuclear status, the issue 
					brief explores the interplay of domestic and international 
					factors shaping Pyongyang’s decision-making. With insights 
					into North Korea’s evolving nuclear capabilities, the 
					analysis delves into the significance of the upcoming U.S. 
					presidential election as a potential catalyst for nuclear 
					testing and its implications for regional dynamics...  | 
				
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				ISDP  | 
				 
				
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					To What Extent is China a ‘Security Threat’? June 2024. 
					The current international order, led by the United States, 
					is undergoing phenomenal political, economic, and security 
					changes that will decide whether the order will continue as 
					it is, or a major pole shift will occur in an increasingly 
					bipolar world. China is at the forefront of this evolution. 
					It is the sole actor threatening the U.S.-led order so that 
					it can be reshaped to fit into a novel design with Chinese 
					characteristics. To do so, China employs a diverse set of 
					economic and political strategies, which are efficient 
					despite their ruthless nature. Currently, it does not look 
					like the U.S. and the international community can form a 
					consensus on how much of a security threat China poses...  | 
				
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				ISDP  | 
				 
				
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					G20 and BRICS: Towards a Joint Pursuit of Effective 
					Multilateralism for the Global South, June 2024. 
					The Global South is, unarguably, the pivoting point of 
					debates and deliberations in the G20 grouping. As the baton 
					of the G20 presidency passes on from India to Brazil, the 
					greater representation of the Global South, its role in 
					global governance, and strengthening multilateralism will be 
					the moot point and pursuit. BRICS remains a pre-eminent 
					platform for South-South cooperation and its founding 
					members are some of the most prominent actors within the G20 
					as well. Moreover, BRICS’ recent enlargement has increased 
					its relevance as a platform for cooperation among emerging 
					markets and developing countries...  | 
				
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				ISDP  | 
				 
				
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					India’s Position in Iran’s ‘Look to the East’ Policy, June 
					2024. 
					Ebrahim Raisi’s administration has prioritized its ‘Look to 
					the East’ policy. Although the focus is on Russia and China, 
					India also has a special place in this policy. Iran and 
					India consider the development of Chabahar port vital for 
					establishing the International North-South Transport 
					Corridor (INSTC) and connecting Afghanistan to Central Asia. 
					The INSTC can strengthen Iran’s relations with India and 
					Russia and provide these countries with geopolitical and 
					geo-economic benefits. At the same time, it allows India to 
					find a suitable route to Central Asia, Eurasia, and Europe, 
					bypassing Pakistan and competing with China in creating 
					international corridors, including the Belt and Road 
					Initiative and the China-Pakistan Economic Corridor (CPEC)...  | 
				
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				ISDP  | 
				 
				
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					Does Soft Power Have Any Value for Taiwan, May 2024. 
					As a diplomatic tool, soft power conveys the core values and 
					ideology of a country and serves as its front window abroad 
					to win sympathy for its beliefs, values, and institutions. 
					The aim is to garner support for political agendas and 
					determine the framework of debate and engagement in favor of 
					the nation that is able to deploy soft power. In the case of 
					Taiwan, there are limits to how soft power can be used due 
					to the lack of international recognition of its sovereignty 
					and the existential threat from China. Still, Taiwan’s soft 
					power has been deployed with increasing success over the 
					years. Taiwan has won more and more recognition 
					internationally, especially from like-minded countries...  | 
				
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				ISDP  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #18: From Paper to Practice: Utilizing 
					the ASEAN Guide on Artificial Intelligence (AI) Governance 
					and Ethics. The rapid development of Artificial 
					Intelligence (AI) technologies has been nothing less of 
					awe-inspiring. Policymakers are put in a bind as debates 
					over how the deployment of these AI systems is to be managed 
					— with good governance and ethical considerations in mind, 
					and without stifling innovation. ASEAN’s response has been 
					the formulation of the ASEAN Guide on AI Governance and 
					Ethics, or the ASEAN AI Guide. This Guide serves more as a 
					“practical guide” for organizations involved in the 
					development and deployment of AI for commercial and 
					non-military or dual-use applications, as opposed to a 
					policy playbook for governments...  | 
				
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				ISEAS  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #17: Who’s Doing What? A Closer Look at 
					Methane Climate Impact and Commitments in Southeast Asia’s 
					Energy Sector. This article draws from a database 
					of asset-level emissions to identify key methane-emitting 
					coal, oil and gas facilities in Southeast Asia while taking 
					stock of the methane commitments of their owners. Coal mines 
					account for around a third of fossil fuel methane emissions 
					globally, but in Southeast Asia, they make up more than half 
					of tracked fossil fuel methane emissions. Over half of 
					emissions from the coal mining subsector is traced to its 
					top ten emitters, mostly in East Kalimantan, Indonesia; 
					while some coal mines in North Vietnam have high emissions 
					intensities...  | 
				
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				ISEAS  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #16: Understanding Vietnam’s Foreign 
					Policy Choices Amid Sino-US Rivalry. Vietnam’s 
					foreign policy towards China and the United States (US) 
					involves a delicate process of reconciling and balancing 
					competing perceptions, goals and interests within the 
					country. This leads to foreign policy decisions that may 
					respectively lean towards either China or the US, depending 
					on specific circumstances and issues, while trying to 
					maintain an overall equilibrium between the two powers. 
					Vietnam’s foreign policy adopts the paradigm of 
					“cooperation” and “struggle” in its relations with major 
					powers, and defines “national security” as encompassing both 
					national sovereignty and regime security...  | 
				
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				ISEAS  | 
				 
				
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				Latest APEC publications: 
				
					- 
					
					Study on the Maritime Transport Sector in the COVID-19 Era: 
					Challenges, Opportunities, and Way Forward, June 2024
 
					- 
					
					Sharing Knowledge and Experiences on Small-Scale Marine 
					Fisheries Data Collection and Management for Sustainable 
					Development in the APEC Region, June 2024
 
					- 
					
					APEC Sectoral Symposia on the Holistic Approach of 
					Decarbonization for Energy Transition, June 2024
 
					- 
					
					Development of Integrated Timber Data for Enhancing Legal 
					Timber Trade in the Asia-Pacific Region - Research Paper, 
					June 2024
 
					- 
					
					Compendium of Resources for the Facilitation of the Trade 
					and Distribution of Legally Harvested Forest Products in the 
					APEC Region, June 2024
 
					- 
					
					Recent Challenges to Merger Control and Anticompetitive 
					Conducts Proceedings in order to Protect the Competition 
					Process, June 2024
 
					- 
					
					PSU Annual Report 2023, June 2024
 
					- 
					
					APEC Urban Energy Report 2023 - Driving Cities Through the 
					Low Carbon Transition, June 2024
 
					- 
					
					Study on Economy Legal Frameworks for the Implementation of 
					ODR under the APEC Collaborative Framework, June 2024
 
					- 
					
					Online Micro-Credentials Toolkit – Addressing Skill Needs 
					through Online Micro-Credentials in Higher Education, June 
					2024
 
					 
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				APEC  | 
					 
				
				
				
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				Latest ADB Working Paper Series:
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				ADB  | 
					 
				
				
				
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				Latest ADBI Working Paper Series:
					- 
					
					Exploring the Link Between Social Participation, Functional 
					Health, and Depression Among Older Adult, June 2024
 
					- 
					
					Climate Change and Corporate Financial Performance, June 
					2024
 
					- 
					
					Eliminating Gender Disparities in Firm Performance in India: 
					Can Globalization Bridge the Gap? June 2024
 
					- 
					
					Improving Agri-Food Sector Productivity in Indonesia through 
					Information and Communication Technologies, June 2024
 
					- 
					
					Building Education Resilience through Parenting Style and 
					Out-of-School Learning: Field Experimental Evidence from 
					Rural Bangladesh, June 2024
 
					- 
					
					Globalization and Equality: A Cross-Country Analysis, June 
					2024
 
					- 
					
					Does Digitalization Alleviate Rural Clean Energy Poverty? 
					June 2024
 
					- 
					
					Ring of Progress: Examining the Impact of the Intensity of 
					Mobile Phone Use on Female Labor Force Participation in 
					India, June 2024
 
					- 
					Do 
					Remote Learning Tools Reduce Learning Loss during School 
					Closure? Experience from Central Asia and the Caucasus 
					during the COVID-19 Pandemic, May 2024
 
					- 
					
					What Happens to the Learning Outcomes of Left-Behind 
					Children When Parents Are Away? Evidence from Four Pacific 
					Island Countries, May 2024
 
					- 
					
					Unlocking Inclusive Growth: The Nexus of Digitalization, 
					Formalization, and Global Value Chains, May 2024
 
					 
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				ADB  | 
					 
				
				
				
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				Latest ADB Publications:
					- 
					
					Fostering Export Diversification in Bangladesh: Issues and 
					Way Forward, June 2024
 
					- 
					
					Harnessing the Economic Potential of India’s Cities. June 
					2024
 
					- 
					
					An Innovative and Climate-Resilient Approach to Coastal 
					Management and Adaptation for India, June 2024
 
					- 
					
					Mainstreaming Aid for Trade for Structural Reforms in the 
					Changing Landscape of the Global Economy, June 2024
 
					- 
					
					Plotting from Above: Enhancing Agricultural Mapping in Asia 
					and the Pacific, June 2024
 
					- 
					
					Basic Tool Kit for Cybersecurity in Education Management 
					Information Systems, June 2024
 
					- 
					
					Fiscal Policy and Sustainable Finance: Enhancing the Role of 
					the Financial Sector in Achieve the Sustainable Development 
					Goals, June 2024
 
					- 
					
					Strengthening Regional Cooperation and Integration through 
					Economic Corridor Development: Proceedings of the 2023 
					Regional Cooperation and Integration Conference, Published 
					2024
 
					- 
					
					Mobilizing Revenue: Digital Transformation of Revenue 
					Administration in Singapore, Published 2024
 
					- 
					
					Powering Nepal: 5 Decades of ADB–Nepal Partnership in the 
					Energy Sector, Published 2024
 
					- 
					
					Asia Bond Monitor, June 2024
 
					 
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				June 2024  | 
				
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				Outrage Is Not a Policy: Coming to Terms With Myanmar’s 
				Fragmented State, May 2024. 
				This paper analyses the evolution of Myanmar’s civil war with a 
				view to identifying optimal international policy responses. The 
				sharp escalation of armed resistance since late 2023 holds out 
				the tantalising prospect that the once seemingly invincible 
				military regime could be defeated. Yet it remains an open 
				question whether anti-junta forces will be able to carry the 
				momentum from their recent victories in the forest-covered, 
				mountainous borderlands across the open plains of central 
				Myanmar to take the capital or other major cities. Even if 
				resistance forces ultimately emerge victorious, the goal of 
				building a genuine federal democracy will likely take years of 
				highly complex and politically fraught negotiations...  | 
				
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				Lowy  | 
					 
				
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				Being Chinese in Australia, 2023 Edition. 
				In this third nationally representative survey of the Lowy 
				Institute’s Being Chinese in Australia series, we asked 
				Chinese-Australians about Australia and the world. As in the two 
				previous surveys, we explored three broad themes: how 
				Chinese-Australians see Australia and their place in it; how 
				they consume news and information; and how they view the wider 
				world. The survey also compares the sentiments expressed by 
				Chinese-Australians with those of the broader Australian 
				population. Most Chinese-Australians have a positive view of 
				Australia. A majority say that Australia is a good place to live 
				and are proud of the Australian way of life and culture. Three 
				quarters say they feel a moderate or strong sense of belonging — 
				an increase from the 2021 survey. Fewer Chinese-Australians say 
				they have been called offensive names or physically threatened 
				or attacked because of their heritage in the last year...  | 
				
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				Lowy  | 
					 
				
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		Nobody Wins Unless Everybody Wins: The Coles Review Into the Sustainment 
		of Australia’s Collins-Class Submarines, May 2024. In 
		2003, Australia became the proud owner of the last of six new-build 
		Collins-class submarines. Less than a decade later, the fleet was in a 
		poor state of repair, and at times only one or two of the boats were 
		available to the Royal Australian Navy. This account by Andrew Davies 
		explains how the situation was remediated by bringing in a team of 
		highly experienced naval professionals to take an uncompromising look at 
		the arrangements in place to manage a vital national defence asset. 
		Despite a public perception that the submarines were inherently 
		defective, the problems were in fact almost entirely due to 
		dysfunctional and often rancorous organisational dynamics between the 
		key players...  | 
				
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				ASPI  | 
					 
				
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		Deterrence, Escalation and Strategic Stability: Rebuilding Australia’s 
		Muscle Memory, May 2024. To build an effective 
		deterrence strategy, Australia needs urgently to improve its skills and 
		understanding of deterrence, and raise the topic’s profile in our public 
		and policy discussions. Despite having previously been a global thought 
		leader on nuclear weapons and deterrence half a century ago, Australia 
		today doesn’t have a strong grasp of the basics of modern deterrence. 
		Knowledge of and literacy in deterrence are vital for adapting and 
		applying such concepts to meet today’s extraordinarily complex, 
		multidomain and multidimensional requirements. A lack of understanding 
		of deterrence can critically undermine the ability to get strategy and 
		policy right. The implications for Australia’s national interests are 
		urgent and serious...  | 
				
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				ASPI  | 
					 
				
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		AUKUS Pillar 2 Critical Pathways: A Road Map to Enabling International 
		Collaboration, May 2024. The AUKUS trilateral 
		partnership presents Australia with an unprecedented opportunity to 
		achieve national-security goals that have eluded it for decades. It 
		could offer access to cutting-edge technologies. It can further 
		integrate Australian, US and UK military forces, allowing more unified 
		action to maintain deterrence against national and transnational actors 
		who threaten the global rules-based order. Perhaps most importantly, 
		AUKUS—in particular its Pillar.2 objectives—is an opportunity for 
		Australia to pursue the long-sought industrial capacity necessary to 
		defend its borders and its interests across a range of probable conflict 
		scenarios...  | 
				
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				ASPI  | 
					 
				
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				Turning Back the Clock: The Changing Nature of North Korean Food 
				Insecurity, May 2024. 
				Over the past several years, North Korea has adopted legal 
				changes that are increasing the centrality of the Workers Party 
				of Korea and the state in agricultural production, distribution, 
				and consumption. This development changes the basic nature of 
				food insecurity in North Korea from one in which access to food 
				is determined by the ability to purchase it in the market to one 
				in which access to food is determined by political status. This 
				development is of potential policy relevance: Although current 
				conditions do not appear to be severe, if and when North Korea 
				experiences another food crisis, foreign partners are likely to 
				encounter a state dominated model more closely resembling the 
				system that existed in the early 1990s at the onset of the 
				famine and with it the attendant problems that 
				humanitarian-relief agencies confronted at that time.  | 
				
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				EWC  | 
					 
				
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				From Bandung to Hindutva: How the Palestine Question Shows 
				India’s Alternative Foreign Policy Futures, May 2024. 
				On January 26, 2024, in the midst of ongoing global protest 
				against Israel’s siege of Gaza, the International Court of 
				Justice (ICJ) ordered that Israel must “take all possible 
				measures” to prevent genocide against Palestinian people living 
				in the Gaza Strip. Justice Dalveer Bhandari, the only Indian 
				justice of the fifteen judges who overheard the case, concurred 
				with the ruling, writing, “It must, in this case, take into 
				account the widespread destruction in Gaza and loss of life that 
				the population of Gaza has thus far endured.” Soon after, on 
				February 21, 2024, the Water Transport Workers Federation (WTWF), 
				representing fourteen thousand workers, including 3,500 
				stationed at eleven of India’s twelve major ports, declared they 
				would refuse to handle weaponry destined for Israel...  | 
				
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				EWC  | 
					 
				
				
				
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				Latest AsiaPacific Issues:
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				EWC  | 
					 
				
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					South Korea’s Road to Carbon Neutrality: Solutions and 
					Obstacles, May 2024. 
					Globally, energy security policies are gaining prominence as 
					geopolitical tensions and climate concerns intersect. The 
					escalating impacts of climate change, evident through 
					extreme weather events like heatwaves, heavy snowfall, 
					typhoons, and forest fires, underscore the urgency for 
					action. In response, major developed countries are hastening 
					their transitions towards a green economy to mitigate 
					climate related disasters and their socioeconomic fallout. 
					Carbon neutrality has emerged as an irreversible 
					international imperative, symbolizing a shift towards “low 
					carbon, green growth” as a strategy for environmental 
					conservation...  | 
				
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				ISDP  | 
				 
				
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					The Kingdom of Sweden: A Long History of Sustainable 
					Practices, May 2024. 
					Sweden has been one of the pioneering countries in the field 
					of sustainability, green transition, and environmental 
					conservation. Notably, in 1964 and 1967, Sweden passed the 
					Nature Conservancy Act and the Environmental Protection Act, 
					respectively, becoming the first country ever to pass such 
					legislation. Additionally, in 1972, Sweden was the host of 
					the United Nations Conference on the Human Environment, the 
					first conference to raise the issue of environmental 
					conservation. From then on, Sweden has taken major leaps in 
					promoting policies, practices, and legislation aimed at 
					substantially reducing greenhouse gas emissions and other 
					pollutants. As of 2023, Sweden is a leading hub for 
					environmental research and green technologies, spearheading 
					decarbonization efforts through clean energy sources and 
					becoming a model globally...  | 
				
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				ISDP  | 
				 
				
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					Maldives Walking Tight Rope between India and China, May 
					2024. 
					Like all the South Asian small states, the Maldives has been 
					subjected to great power politics. There are five principles 
					of Maldives’ foreign policy (mostly reciprocating with 
					India’s ‘Panchsheel’) and six goals that revolve around 
					sovereignty, identity, and Islamic nationalism. But due to 
					the increasingly tense geopolitical environment, foreign 
					policy adaptation has been a challenging task for the 
					Maldives. As a result, Maldives’ internal political 
					environment is largely polarized to ‘Anti or Pro- India or 
					China’ when it comes to managing the changing geopolitical 
					discourse. This issue brief aims to untangle the sources of 
					Maldives’ foreign policy toward China and India so as to 
					identify how the Maldives has adjusted to the changing 
					geopolitical environment in South Asia.  | 
				
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				ISDP  | 
				 
				
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					Positive Paranoia: Chinese Interpretations of Indo-Pacific 
					Geopolitics, May 2024. 
					This Focus Asia paper seeks to interpret Chinese narratives 
					on Indo-Pacific geopolitics by reviewing Chinese state media 
					and scholarly opinions on Indo-Pacific geopolitics. For this 
					purpose, the paper also examines the PRC’s interpretation of 
					the Quadrilateral Security Dialogue (the ‘Quad’ comprising 
					Australia, India, Japan, and the U.S.) and the interplay 
					with the three middle-power Quad partners. Similarly, it 
					explores China-Europe dynamics in Chinese state media and 
					official discourse, given the expansion of the European 
					Union’s strategic interest in Indo-Pacific geopolitics. 
					Chinese scholars share many views with those of official 
					state media. This is particularly evident in views of U.S. 
					motives to contain China, dismissals of any U.S. success, 
					and fault-finding with U.S. traditional and potential 
					allies. Yet, Chinese scholars reveal different 
					interpretations of the evolution of U.S. Indo-Pacific 
					policies and the space for U.S.-China cooperation within the 
					Indo-Pacific strategy confines...  | 
				
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				ISDP  | 
				 
				
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					Why Taiwan Matters to Europe, May 2024. 
					The Taiwan issue is known to be sensitive for Beijing, one 
					of its so-called core interests. Taiwan has no diplomatic 
					recognition among European Union member states but informal 
					relations and cooperation between Taiwan and Europe are 
					nevertheless extensive in many areas. The position that 
					Europe should steer clear of a conflict over Taiwan 
					presupposes that it does not have a clear stake in 
					maintaining peace and stability in the Taiwan Strait. 
					European interests are, however, far more intertwined with 
					Taiwan and its security than what its lack of geographical 
					proximity would initially suggest. Understanding Taiwan’s 
					significance to Europe is increasingly important in order to 
					understand the foundations on which current relations rest 
					and what Europe’s stake in the Taiwan Strait is. To examine 
					and expound on why Taiwan matters to Europe...  | 
				
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				ISDP  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #15: Party of Hardship: The Evolution of 
					Malaysia’s Parti Keadilan Rakyat. The People’s 
					Justice Party (PKR) may in many ways be synonymous with its 
					larger-than-life leader, Anwar Ibrahim, who, although only 
					president for six of the party’s twenty-five years, has 
					always been its de facto leader and adviser. However, PKR is 
					much more than only about Anwar, and this paper traces the 
					evolution of the party independently of Anwar as a 
					person.PKR’s evolution can be broken down into four main 
					periods: 1998–2004 (formative), 2005–13 (golden era), 
					2014–18 (all-in for power), and 2019–22 (lessons on 
					restraints). From 1998 to 2022, PKR tended to adopt a 
					big-tent approach (internally and externally), ideological 
					synthesis to find a middle ground, and a loose organization 
					led by a charismatic personality at the top and 
					self-organization at the grassroots...  | 
				
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					Trends in 
					Southeast Asia 2024 #14: Delivering Development, Enforcing 
					Shariah: PAS’s Dilemma in Terengganu. Whenever the 
					Islamist party PAS comes to power in Terengganu, its 
					political agenda has been to combine populist-type 
					development programmes with the wish to turn Terengganu into 
					a shariah-compliant state. Terengganu’s state budget is 
					however heavily dependent on the federal government, to the 
					tune of 80–90 per cent. This hinders the state government’s 
					policymaking and implementation, especially when the federal 
					government is controlled by its political opponents. This 
					article argues that the politics of development play a more 
					central role in determining the durability of the PAS state 
					government in Terengganu than it does in neighbouring 
					Kelantan...  | 
				
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					Trends in 
					Southeast Asia 2024 #13: Malaysia’s Responses to Issues 
					Pertaining to Palestine. Malaysia’s support for 
					Palestinian independence has always been based on religion. 
					Historically, Malaysia has had warm relations with 
					Palestinian leaders including the Palestine Liberation 
					Organization—during Hussein Onn’s and Mahathir Mohamad’s 
					administrations—and Hamas since Najib Razak’s 
					administration. However, Malaysia’s support is not just 
					based on their affinity to Palestinians as fellow Muslims 
					but is also a matter of domestic politics. Support for 
					Palestine has been used as a political tool for various 
					quarters to prove that they are more Islamic than the 
					other...  | 
				
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				ISEAS  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #12: Why Young Malay Voters in Malaysia 
					Are “Turning Green”. There is an increasing trend among 
					young Malay voters in Malaysia to support the Perikatan 
					Nasional coalition, with a particular emphasis on the 
					Islamist party PAS. Despite recognition of the weak economy 
					as a significant national concern, young Malay voters 
					continue to place a higher emphasis on Muslim leaders who 
					assert their commitment to safeguarding the rights of Islam 
					in Malaysia. Consistent with theories on political 
					socialization, the influence of family members significantly 
					affects young Malay voters in Malaysia, particularly due to 
					their limited political awareness of alternative channels 
					like formal schooling...  | 
				
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				ISEAS  | 
				 
				
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				Latest APEC publications: 
				
					- 
					
					Youth Involvement in the Development of Sustainable and Safe 
					Tourism in Rural Areas of APEC Economies, May 2024
 
					- 
					
					Win, Lose or Draw: Estimating the Impact of Trade 
					Disengagement on APEC Trade, May 2024
 
					- 
					
					Sharing Best Practices and Capacity Building on the Role of 
					Battery Energy Storage Systems (BESS) Standards in Promoting 
					Safety, Energy Resilience and Sustainability, May 2024
 
					- 
					
					APEC Workshops for Capacity Building in Self-Declaration of 
					Origin for FTAs/RTAs - Workshop Series Report, May 2024
 
					- 
					
					APEC Regional Trends Analysis, May 2024
 
					- 
					
					Reducing Food Loss and Waste by Strengthening Resilience of 
					APEC Food System and Enhancing Digitalization and Innovative 
					Technologies, May 2024
 
					- 
					
					A New Look at the Free Trade Area of the Asia-Pacific 
					(FTAAP): Review of APEC’s Collective Progress, May 2024
 
					- 
					
					Webinar on Standards of Product Circularity Data Exchange 
					among APEC Economies, May 2024
 
					 
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				APEC  | 
					 
				
				
				
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				Latest ADB Working Paper Series:
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				ADB  | 
					 
				
				
				
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				Latest ADBI Working Paper Series:
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				ADB  | 
					 
				
				
				
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				Latest ADB Publications:
					- 
					
					Gender Equality and Disability Inclusion: Guidelines to 
					Address the Specific Needs of Women and Girls with 
					Disabilities, May 2024
 
					- 
					
					Leveraging Online Job Portal Data in Asia and the Pacific, 
					May 2024
 
					- 
					
					How to Build Nonperforming Loan Trading Platforms in Asia 
					and the Pacific: Issues and Processes, May 2024
 
					- 
					
					Low-Cost Carrier Opportunities, Air Transport 
					Liberalization, and Post-Pandemic Recovery in CAREC, May 
					2024
 
					- 
					
					Deep-Tier Supply Chain Finance: Unlocking the Potential, May 
					2024
 
					- 
					
					Assessment of the Legal Status of Sexual and Gender 
					Minorities in 17 Countries in Asia and the Pacific, May 2024
 
					- 
					
					A Study on Nepal’s National Health Insurance Program, May 
					2024
 
					- 
					
					The Bond Market in the Republic of Korea: An ASEAN+3 Bond 
					Market Guide Update, May 2024
 
					- 
					
					Artificial Intelligence in Action: Selected ADB Initiatives 
					in Asia and the Pacific, May 2024
 
					- 
					
					Aging Well in Asia: Asian Development Policy Report, May 
					2024
 
					- 
					
					Assessment of Natural Capital and Ecosystem Services: Two 
					Cases of Ecosystem Restoration in the People’s Republic of 
					China, April 2024
 
					 
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				ADB  | 
					 
				
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				May 2024  | 
				
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				Pacific Perspectives on the US Indo-Pacific Strategy, April 2024. 
				The Pacific and its ocean people’s heritage need to be featured 
				more prominently in the US Indo-Pacific strategy. Pacific island 
				states are large, gigantic if you will! If you consider the area 
				where these states have sovereign rights, their exclusive 
				economic zones (EEZs), then 5 of the 20 largest states in the 
				world would be Pacific Island states. Three of those are in the 
				North Pacific. Considering its EEZ, the Federated States of 
				Micronesia (FSM) is equivalent to the size of the entire US 
				mainland. Obviously, this assertion challenges the “land 
				dominates sea” maxim in international discourse. However, a 
				saying from our traditional navigators, “The seas are highways 
				of life, they do not separate us, they connect us,” better 
				encapsulates the strategic value of our ocean territory...  | 
				
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				EWC  | 
					 
				
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				Enhancing the ASEAN Outlook on the Indo-Pacific through 
				Sub-Regional Initiatives: The Case of the BIMP-EAGA Initiative, 
				April 2024. 
				Effectively managing geopolitical competition in Southeast Asia 
				has arguably become the most pressing concern for maintaining 
				regional peace and stability. In recent years, US-China tensions 
				have escalated across multiple facets of the region’s 
				multilateral institutions. As a result, managing strategic 
				competition has become an ever more complex affair, testing the 
				overall effectiveness of ASEAN centrality. The United States has 
				taken a series of steps to strengthen its relations with its 
				Indo-Pacific partners and allies through multilateral and 
				minilateral frameworks—namely the Quadrilateral Security 
				Dialogue, or the QUAD, and AUKUS, a trilateral security 
				partnership between Australia, the United Kingdom, and the 
				United States...  | 
				
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				EWC  | 
					 
				
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				The Open Gap in the “Free and Open” Indo-Pacific, April 2024. 
				The Indo-Pacific Strategy (IPS) opens with President Biden’s 
				words at the Quad Leader’s Summit: “The future of each of our 
				nations, and indeed the world, depends on a free and open 
				Indo-Pacific flourishing in the decades ahead.” The emphasis on 
				a free and open Indo-Pacific maintains the “rules-based 
				international order” label wherein the United States aims to 
				strengthen democratic institutions, the rule of law, and 
				accountable democratic governance...  | 
				
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				EWC  | 
					 
				
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		Australia’s 2024 Independent Intelligence Review: Opportunities and 
		Challenges: Views From the Strategist, April 2024. Australia 
		has a recent history of intelligence community reform via independent 
		intelligence reviews (IIRs) commissioned by government on a regular 
		basis since 2004. The latest IIR is being undertaken by Dr Heather Smith 
		and Mr Richard Maude. In the lead-up to the announcement of the 2024 IIR, 
		and afterwards, ASPI’s The Strategist has served as a valuable forum for 
		canvassing publicly the most significant issues and challenges to be 
		addressed by the reviewers...  | 
				
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				ASPI  | 
					 
				
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		Reclaiming Leadership: Australia and the Global Critical Minerals Race, 
		April 2024. Climate policy, geopolitics and market 
		forces are coalescing to deliver Australia a global leadership 
		opportunity in critical minerals. To grasp that opportunity, Australia 
		needs both to utilise its domestic mineral endowment and its mining 
		knowledge and technology and to leverage the global footprint of 
		Australian companies to help build a global supply chain network. How 
		Australia responds will not only determine economic benefits to the 
		nation but will also affect the world’s ability to achieve minerals 
		security and the sustainability required for the global energy 
		transition and inclusive economic growth...  | 
				
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				ASPI  | 
					 
				
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		Regional Security and Pacific Partnerships: Recruiting Pacific Islanders 
		Into the Australian Defence Force, April 2024. The 
		security and stability of the South Pacific and Australia are deeply 
		intertwined. Australian Government policies have for more than a decade 
		consistently prioritised the Pacific for international engagement, 
		including in defence, development and diplomacy. The Australian 
		Government’s ‘Pacific Step-up’, first announced in 2016, delivered a 
		heightened level of effort by Canberra in the region, as did Australia’s 
		strong support for the Pacific Islands Forum’s Boe Declaration. The 
		Albanese government’s increased policy focus on the region, and on a 
		coordinated whole-of-government approach to the Pacific, demonstrates 
		the centrality of our immediate region to the Australian Government’s 
		strategic planning...  | 
				
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				ASPI  | 
					 
				
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						High 
						Frequency Macroeconomic Forecasts Current Quarter Model: 
						2024Q2, April 2024. Given the tightness in the 
						labour market, it is projected that the unemployment 
						rates for 24Q1 and 24Q2 will remain at 2.9% 
						respectively. Hong Kong's external trade is expected to 
						maintain its positive momentum, with exports and imports 
						of goods projected to increase from 4.1% and 1.9% growth 
						in the 24Q1 to 6.5% and 5.2% growth in 24Q2. Hong Kong's 
						services exports is expected to increase by 5.9% in 
						24Q2, thanks to the resumption of normal travel. 
						However, the surge in consumption by Hong Kong residents 
						abroad has led to a significant increase of 7.5% in 
						services imports during the same period, entirely 
						offsetting the contribution of service exports to the 
						overall economic growth...  | 
				
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				HKU  | 
					 
				
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					Trends in 
					Southeast Asia 2024 #11: Myanmar’s Resistance and the Future 
					of Border Trade: Challenges and Opportunities. Since the 
					start of Operation 1027, Myanmar’s resistance groups have 
					gained control over large parts of key overland trade routes 
					and a number of important border crossings, fundamentally 
					changing the realities in the control of border trade. 
					Despite these losses, the State Administration Council (SAC) 
					retains control-of-trade-related institutions that are vital 
					for accessing an international trading system characterized 
					by state-to-state interactions...  | 
				
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				ISEAS  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #10 : Beyond Slacktivism: The Dynamic 
					Relationship between Online and Offline Activism among 
					Southeast Asian Youths. Despite a surge in youth 
					activism across Southeast Asian countries, comparative 
					analysis in this region remains scarce. Using data from the 
					World Values Survey of several studies, and case studies on 
					Indonesia, this article examines the extent to which online 
					political activism serves as a catalyst for mobilization, 
					awareness and community building among young people in 
					Indonesia, Malaysia, Thailand and the Philippines...  | 
				
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				ISEAS  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #9 : Shifting to a Higher Gear: The Saga 
					of Malaysia’s National Carmaker Proton. Newly 
					independent Malaysia’s economic growth was driven mainly by 
					the export of primary products such as rubber, timber and 
					tin. However, in light of the steadily declining non-oil 
					commodity prices in the early 1980s and informed by the 
					ongoing structural transformation in Japan and South Korea, 
					the country’s then Prime Minister Mahathir Mohamad 
					reoriented the national growth model to one that put heavy 
					industries—steel, cement, petrochemicals, machinery and 
					equipment and automotive—at the forefront. To garner public 
					support, he promulgated the idea of a “national car”, 
					employing it as an expression of technological modernism and 
					national pride...  | 
				
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				ISEAS  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #8 : Scrutinizing the DAP’s Success in 
					the 2023 Malaysian State Elections. Using granular 
					polling station and polling stream data for forty-seven 
					seats contested by the Pakatan Harapan (PH) member 
					Democratic Action Party (DAP), this paper explores the 
					effect of this relationship on voter support. This Trends in 
					Southeast Asia finds that, contrary to expectations, DAP 
					actually gained voter support from campaigning with UMNO...  | 
				
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				ISEAS  | 
				 
				
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				Asian Development Outlook, April 2024 (Full Report,
				Highlights). 
				Growth in developing Asia and the Pacific is expected to remain 
				resilient, propelled by strong domestic demand, improving 
				semiconductor exports, and the ongoing recovery in tourism. 
				Regional inflation will moderate further, as global food and 
				fuel prices stabilize. However, several risks warrant attention. 
				Escalating conflicts and geopolitical tensions may disrupt 
				supply chains and impact commodity prices. Uncertainty 
				surrounding US monetary policy, potential further weakness in 
				the property market in the People’s Republic of China, and 
				extreme weather events could present challenges for the region. 
				Policymakers should intensify efforts to bolster resilience by 
				fostering trade, cross-border investment, and commodity supply 
				networks...  | 
				
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				ADB  | 
					 
				
				
				
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				Latest ADB Working Paper Series:
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				ADB  | 
					 
				
				
				
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				Latest ADBI Working Paper Series:
					- 
					
					Financial Development and the Capital Flow Allocation Puzzle 
					in Developing Asia, April 2024
 
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					Balancing the Needs of Energy Security, Economic Growth, and 
					Climate Sustainability in ASEAN, April 2024
 
					- 
					
					The Multidimensional Well-Being of Asian Senior Citizens: A 
					Systematic Review, April 2024
 
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					Learning Disruptions during the COVID-19 Pandemic: Evidence 
					from Household Surveys in Southeast Asia, April 2024
 
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					Self-Learning at the Right Level, COVID-19 School Closure, 
					and Non-cognitive Abilities, April 2024
 
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					Financial Literacy and Fintech Use in Family Business, April 
					2024
 
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					Asia's Sectoral Transformation, Evolving Diets, and the 
					Consequences for Climate Change, April 2024
 
					 
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				ADB  | 
					 
				
				
				
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				Latest ADB Publications:
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					Transforming ASEAN: Strategies for Achieving Inclusive and 
					Sustainable Growth, Published 2024
 
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					Blue Finance Development in Shandong Province, People’s 
					Republic of China, April 2024
 
					- 
					
					Regional Action on Climate Change: A Vision for Central Asia 
					Regional Economic Cooperation, April 2024
 
					- 
					
					Basic Statistics 2024
 
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					Fiscal Incidence in Timor-Leste: Impact of Taxation and 
					Public Expenditure on Poverty and Inequality, April 2024
 
					- 
					
					Expanding and Diversifying Exports in Bangladesh, April 2024
 
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					Smart Tourism Ecosystem Development Readiness in Southeast 
					Asia, April 2024
 
					- 
					
					Pollution Characterization and Quantification in the 
					Agriculture Sectors, April 2024
 
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					Multilateralism, Regionalism, and Unilateralism 
					Retrospectives: Case for Hybrid Multilateralism for Trade 
					Liberalization in Developing Countries, April 2024
 
					- 
					
					Article XXIV of the General Agreement on Tariffs and Trade 
					in Light of Regional Trade Integration in Eurasia, April 
					2024
 
					- 
					
					Mobilizing Capital Markets for a Climate-Responsive and 
					Inclusive Southeast Asia, April 2024
 
					 
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				Asian Development Review, Vol. 
				41, No. 1, March 2024 (Full 
				Report): 
				The first paper presents harmonized methodologies used to 
				estimate health capacity to work, followed by seven country 
				papers. The four other papers in this issue cover topics related 
				to intergovernmental fiscal systems, population and geospatial 
				data, regional inequalities, and well-being, and the “Belt and 
				Road” initiative. 
				
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				Latest APEC publications: 
				
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					Project Summary Report: Capacity Building on GHS 
					Implementation Convergence Practices, April 2024
 
					- 
					
					Advancing the Trade and Distribution of Legally Harvested 
					Forest Products: Navigating to Legal Timber, April 2024
 
					- 
					
					Guidelines and Recommendation on Vessel Innovation to Combat 
					Marine Debris, April 2024
 
					- 
					
					The Innovating for Public Urban Technology Transformation 
					(INPUT2) Competition Report, April 2024
 
					- 
					
					Research Outcomes: Summary of Research Projects 2023
 
					- 
					
					Services Domestic Regulation: Envisioning Next Generation 
					Technical Standards Principles - At A Glance, April 2024
 
					- 
					
					Building a Resilient and Sustainable Cruise Industry Post 
					COVID-19, April 2024
 
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					An Overview of GHG Monitoring: Objectives and Technologies, 
					April 2024
 
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					Review of Traceability Systems Applied to the Value Chain of 
					Fisheries and Aquaculture in APEC Economies, April 2024
 
					- 
					
					APEC Public-Private Dialogue on Challenges, Opportunities, 
					and Digitally-enabled Recovery in the Post-COVID Era, April 
					2024
 
					- 
					
					APEC Energy Handbook 2021, April 2024
 
					- 
					
					APEC Energy Statistics 2021, April 2024
 
					 
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				April 2024  | 
				
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				Mind the Gap: Ambition Versus Delivery in China’s BRI 
				Megaprojects in Southeast Asia, March 2024. 
				China has become Southeast Asia’s largest infrastructure 
				financing partner. Yet there is an enormous gap between what 
				Beijing promises and what it has delivered, amounting to more 
				than $50 billion in unfulfilled project financing with more than 
				half of this reflecting projects that have either been 
				cancelled, downsized, or otherwise seem unlikely to proceed. The 
				reasons for this gap include China’s almost exclusive focus on 
				financing ambitious megaprojects especially prone to problems 
				and delays but also political instability in partner countries, 
				weak stakeholder consultation, and increasingly stranded fossil 
				fuel projects...  | 
				
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				Lowy  | 
					 
				
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				Papua New Guinea’s Fiscal Decentralisation: A Way Forward, March 
				2024. 
				Fiscal decentralisation in Papua New Guinea (PNG) has been a 
				contentious topic for much of the country’s history. PNG has had 
				several attempts at decentralising fiscal responsibilities, 
				without much success in improving governance or service 
				delivery. This is concerning, given sub-national funding has 
				increased in the past decade. Governance has deteriorated over 
				time as more responsibilities and funds are channelled to lower 
				levels of government, including through unaccountable transfers 
				to members of parliament (MPs) to use at their discretion. 
				Government effectiveness and service delivery have suffered as a 
				result, leading to poor development outcomes. This paper 
				examines the weaknesses in the decentralisation process and how 
				these mechanisms can be strengthened...  | 
				
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				Lowy  | 
					 
				
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		The Trade Routes Vital to Australia’s Economic Security, March 2024. A 
		recurrent theme in Australia’s defence strategy has been our reliance on 
		and need to defend Australia’s trade routes in a globalised world. The 
		vulnerability of Australia’s limited stockpiles of critical goods and 
		its concentrated sources of supply have driven military capability and 
		planning for decades and remain a justification for strategic 
		investments. The 2023 Defence Strategic Review argued that the danger of 
		any power threatening to invade the Australian continent was remote, but 
		that an adversary could implement military coercion at a distance with 
		threats against our trade and supply routes. With limited resources and 
		finite defence capability, yet vast interests at sea, it’s important 
		that Australian security and economic planning is trained on the most 
		critical pain points in our sea lines of communication. Strategy and 
		planning must derive from up-to-date and accurate data about what we 
		trade, via which routes, and to and from which specific locations...  | 
				
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				ASPI  | 
					 
				
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		Deterring an Attack on Taiwan: Policy Options for India and Other 
		Non-belligerent State, March 2024. India has a 
		vital role to play in deterring China from unifying Taiwan by military 
		force, a new Australian Strategic Policy Institute report finds, 
		highlighting New Delhi’s significant economic, diplomatic, legal and 
		strategic narrative levers. The report looks beyond traditional thinking 
		on military preparations to dissuade Beijing from taking the island by 
		force and offers six ways for India, with its great strategic and 
		economic weight, to “help shape Beijing’s calculus away from the use of 
		force”. The author writes that the use of such long-term measures is 
		vital to New Delhi’s own interests, as the economic and regional 
		security impacts of a major war would be devastating for India itself.  
		India and other “non-belligerent states” could apply a range of measures 
		to persuade Beijing that the time is not right for a military attack...  | 
				
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				ASPI  | 
					 
				
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					EU-Thailand FTA Negotiations: IUU Fishing and Human Rights 
					Remain Obstacles, March 2024. 
					Thailand’s fishing industry, which at its height saw as many 
					as 200,000 migrant workers from neighboring Laos, Myanmar, 
					and Cambodia caught in a brutal system of abuse, withered 
					global criticism until eventually, the European Union (EU) 
					issued a “yellow card” to Thailand aiming to crack down on 
					both systemic abuse and illegally caught fish ending up in 
					European supermarkets. With a semi-democratic government 
					replacing the military-backed establishment that ruled 
					Thailand for nearly a decade, negotiations for a mutually 
					desired free trade agreement (FTA) have resumed. However, as 
					the new Srettha Thavisin government seeks fast economic 
					remedies to a flagging economy, reforms to its fishing 
					industry may come undone, compromising FTA talks and putting 
					the Kingdom again under international scrutiny...  | 
				
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				ISDP  | 
				 
				
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					Trade, Connectivity and Supply Chains in EU-India Relations, 
					February 2024. 
					In the decade and a half since 2007 when the EU and India 
					first started their FTA negotiations, the world economic 
					order has undergone a sea change. During that period, Europe 
					has also sought to position itself as a strategic actor 
					seeking to create a secure and rules-based Indo-Pacific 
					through its 2021 Strategy for Cooperation in the 
					Indo-Pacific (SCIP). The release of the Global Gateway 
					strategy in December 2021 holds the potential to leverage 
					China’s increasingly controversial Belt and Road Initiative 
					(BRI) — Italy’s recent withdrawal from the project 
					constitutes another major blow to the venture. Relying on 
					partner states like India to be a ‘gateway’ to Asia’s 
					infrastructure markets is a natural evolution of the EU’s 
					focus on the region. Proof of this is the MoU signed by the 
					EU and India, among others, as a prelude to the launch of 
					IMEC in September 2023...  | 
				
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				ISDP  | 
				 
				
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					Report of the Webinar on “SOUTH KOREA, INDIA, AND THE 
					EMERGING QUAD PLUS CALCULUS”, February 2024. 
					The webinar addressed several questions: Where does Seoul’s 
					engagement with the Indo-Pacific stand and where does the 
					Quad feature therein? What are South Korea’s reasons for 
					seeking greater cooperation with the Quad? What shape would 
					South Korea’s cooperation with the Quad take? Would it 
					emerge as a new ‘Quint’ platform or as a more flexible and 
					ad hoc ‘Quad Plus’ format? What are the prospects for 
					India-Korea cooperation in the Indo-Pacific? Considering 
					their bilateral cooperation, what are the prospects for both 
					countries to promote and enhance minilateral formats of 
					cooperation in the region, particularly about the Quad? How 
					can we envision a strategic convergence between India and 
					South Korea in Indo-Pacific minilateral frameworks? In other 
					words, what other minilateral forums could set this example 
					for quad-plus format cooperation? Please read the report of 
					this webinar here.  | 
				
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				ISDP  | 
				 
				
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					Issues and Trends in U.S. Presidential Election 2024. 
					The U.S. presidential election, like national elections in 
					most democracies, is mostly fought and won on domestic 
					issues that have a direct bearing on the day-to-day lives of 
					the American people. Foreign policy issues, while still 
					significant for a global power like the United States, is 
					largely peripheral and episodic in terms of influencing 
					voting patterns. Nevertheless, more than any other election 
					in the world, the process and result of the U.S. 
					presidential election is keenly watched and has global 
					repercussions. From the intra-party primaries to the 
					presidential nominations, and then to the final verdict in 
					November, candidates will have to grapple with a host of 
					issues, based on which American voters will elect the next 
					U.S. president. As the election season heats up, candidates 
					will become more hyperbolic in asserting their best plans to 
					save American democracy at home, and American leadership 
					abroad...  | 
				
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				ISDP  | 
				 
				
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					South Korea-India Ties: Between Bilateralism, Minilateralism, 
					and Multilateralism, March 2024. 
					In the context of the Indo-Pacific construct, the expanding 
					gaps in global governance, the rise in minilateralism, the 
					need to reinvigorate regional and global multilateralism, 
					and the imperative to strengthen the rules-based liberal 
					international order, it is important to look at the evolving 
					trajectory of ties between India and South Korea, both Asian 
					giants. This paper first discusses the contours of the ROK’s 
					Indo-Pacific strategy, especially through the India angle. 
					It then examines South Korea’s importance in India’s foreign 
					policy and regional/global goals through the prism of 
					India’s relationship with the Quad partners. It also looks 
					at their congruence and cooperation in regional, global 
					organizations and platforms such as the United Nations (UN), 
					ASEAN, the Group of Twenty (G20), and the Indo-Pacific 
					Economic Framework for Prosperity (IPEF). Finally, it 
					explores the prospects of cooperation through select 
					minilateral forums.  | 
				
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				ISDP  | 
				 
				
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					Navigating BRI and Indo-Pacific Strategy: Challenge for 
					South Asian Small States, March 2024. 
					This paper explores the intersection of China’s Belt and 
					Road Initiative (BRI) and the Indo-Pacific Strategy (IPS) 
					among South Asian Small States, analyzing the interplay 
					between the two initiatives and their implications for 
					regional geopolitics. Specifically, it aims to elucidate the 
					synergies and conflicts between the two initiatives, assess 
					the strategic significance of South Asian Small States, 
					including Nepal, Bhutan, Maldives, and Sri Lanka, within 
					this framework, and examine the implications for regional 
					stability and national sovereignty. It highlights the 
					complex interplay between BRI and IPS in the South Asian 
					Small States, characterized by economic opportunities, 
					geopolitical tensions, and strategic maneuvering...  | 
				
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				ISDP  | 
				 
				
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					Can UAE become an Indo-Pacific Sea Power? March 2024. 
					Amidst the intensified race over connectivity in the 
					Indo-Pacific in a competitive infrastructure marketplace, 
					the UAE is positioning itself to play an important role 
					through strategic investments in ports abroad and extensive 
					maritime engagements. Having established a strong presence 
					in the Horn of Africa through investment in port 
					infrastructure, the UAE is now keen to expand its regional 
					influence in the South Asia sub-region of the Indian Ocean, 
					and beyond into the larger Indo-Pacific. This issue brief 
					outlines the emergence of the UAE as a sea power through 
					such investments while highlighting how the Emirates’ 
					limited participation in the governance of the Indo-Pacific 
					is limiting its influence. It makes a case for the UAE to 
					take a more proactive role in complementing its economic 
					investments with participation in regional governance 
					initiatives to help secure a truly free and open 
					Indo-Pacific.  | 
				
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				ISDP  | 
				 
				
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					Needed, a Framework to Protect Undersea Cables, March 2024. 
					In the data-driven world we live in, submarine cables are 
					the arteries that connect nation-states and their people in 
					literally every human activity, including trade, commerce, 
					entertainment, and social interactions. Any interference in 
					that flow of data can disrupt lives and livelihoods and 
					compromise the capacity of nation-states to trade, 
					communicate, and defend their interests. There are few 
					instruments in public international law available to 
					nation-states for the protection of submarine cables vital 
					to their national interest. However, private international 
					law and, in particular, commercial contracts may provide the 
					basis for a network of contracts that may provide the legal 
					framework required to defend the network of submarine 
					cables...  | 
				
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				ISDP  | 
				 
				
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					India-Japan-Philippines: A Strategic Maritime Trilateral or 
					More, March 2024. 
					Regional states like India, Japan, and the Philippines have 
					been seeking cooperative solutions with other middle powers 
					that can both counter the Chinese influence and fulfill 
					other economic as well as traditional and non-traditional 
					security objectives. Against this scenario of evolving 
					geopolitics, is there merit in an India-Japan-Philippines 
					trilateral? Can it play a strategic role in the Indo-Pacific 
					maritime domain and keep China in check? Can such grouping 
					enhance the scope of “third country” partnerships and boost 
					the multilateralism espoused by ASEAN? This Focus Asia paper 
					aims to address such questions by exploring the 
					interconnectedness between the Philippines, India, and Japan 
					through both the bilateral and regional lens, looking at the 
					trajectory of the recent high-level interactions...  | 
				
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				ISDP  | 
				 
				
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					The State of Southeast Asia: 2024 Survey Report.  
					The State of Southeast Asia 2024 Survey conducted by the 
					ASEAN Studies Centre at ISEAS – Yusof Ishak Institute 
					reveals that Southeast Asia’s top preoccupations are with 
					unemployment, climate change, and intensifying economic 
					tensions between major powers. The Israel-Hamas conflict is 
					the region’s top geopolitical concern, while China has edged 
					past the US to become the prevailing choice if the region 
					were forced to align itself in the ongoing US-China rivalry.  | 
				
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				ISEAS  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #7: ASEAN Post-2025: Reimagining the 
					ASEAN Economic Community.  ASEAN Economic Community 
					(AEC) building is a long journey. For continued relevance 
					and impact, the AEC must remain dynamic while taking into 
					consideration evolving contexts and emerging opportunities 
					and challenges. Notable progress has been made under the two 
					AEC Blueprints (2015 and 2025), particularly in laying down 
					the frameworks for regional economic integration and 
					community building. Nonetheless, gaps remain in 
					implementation, calling for a more streamlined but 
					result-oriented agenda and stronger institutional 
					coordination. Today, the AEC is faced with a markedly 
					different context and unprecedented challenges resulting 
					from a poly-crisis, involving geo-economic fragmentation, 
					supply chain restructuring, and climactic changes. Without 
					adjustment, ASEAN’s pillar and sector-centric approach can 
					be expected to fall short in effectively responding to these 
					challenges...  | 
				
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				ISEAS  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #6: Prosperity or Predicament? Decoding 
					Certification Challenges in Malaysia’s Palm Oil Industry. 
					Oil palm was brought to Malaysia from West Africa as part of 
					British colonial agricultural development initiatives, but 
					the refining of crude palm oil only began in the 1970s as 
					part of the move by the Malaysian government to 
					industrialize the country’s agrarian economy. Malaysia is 
					the world’s second-largest producer of palm oil, after 
					Indonesia. Both countries account for about 85 per cent of 
					total exports. Incidentally, smallholders produce about 40 
					per cent of the total output of palm oil in Malaysia. The 
					palm oil industry is mired in controversy. Global campaigns 
					originating in Europe and the US have branded the crop the 
					biggest cause of deforestation, with proposed bans to follow 
					in December 2024...  | 
				
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				ISEAS  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #5: How Thailand’s Move Forward Party’s 
					Fandom Strategy Shaped the 2023 General Election. The 
					concept of political fandom, the state of being fans of a 
					politician or of a political party, played a crucial role 
					during Thailand’s General Election in 2023. Fandom 
					contributed to the popularity on social media of 
					politicians, such as Pita Limjaroenrat, the Move Forward 
					Party’s leader and prime ministerial candidate. The 
					strategies involved in achieving celebrity status for 
					politicians are varied. This paper provides a case study of 
					the factors behind the success of Pita and the Move Forward 
					Party and contrasts these with reasons why Pita’s key 
					political opponents were less effective. It argues that the 
					digital age and the transcendence of politics into pop 
					culture, where celebrity status and fandom can drive 
					electoral outcomes, signify a profound shift in democratic 
					participation, political engagement and the very fabric of 
					Thai politics...  | 
				
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				ISEAS  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #4: China’s Cultural Diplomacy in 
					Indonesia: The Case of a Transnational Singing Contest. 
					The emphasis on cultural connectivity in China’s growing 
					presence and involvement in Southeast Asia highlights the 
					importance China places on people-to-people exchanges as 
					part of its global engagement strategy. The remarkable 
					ascension of China over the recent decades has precipitated 
					a proliferation of anti-China sentiments, particularly 
					galvanized within the crucible of a “discourse war” with 
					Western powers, as expressed in the latter’s “China threat” 
					narrative. In response to such challenges, China has made 
					substantial investments in cultural diplomacy, to augment 
					its soft power through orchestrated global outreach 
					initiatives...  | 
				
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				ISEAS  | 
				 
				
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				Latest APEC publications: 
				
					- 
					
					Services Domestic Regulation: Envisioning Next Generation 
					Technical Standards Principles, March 2024
 
					- 
					
					APEC Education Officials Dialogue: Schools as Community Hubs 
					– Project Summary Report, March 2024
 
					- 
					
					APEC Technology Commercialization Demand Side Program Study 
					Report, March 2024
 
					- 
					
					Fostering Digital Competency, Building Re-employment 
					Capacity, and Enhancing Well-being for Younger Older Adults 
					in the Digital Economy - Background Paper, March 2024
 
					- 
					
					Digitalising Trade: The Role of Paperless Platforms, March 
					2024
 
					- 
					
					Consensus Framework Resource Guide, March 2024 
 
					- 
					
					Call To Action: Report, March 2024
 
					- 
					
					Findings and Practices on Smart Customs in APEC Free 
					Zones/Free Trade Ports, March 2024
 
					- 
					
					Report on the APEC Roundtable - The Seabird-Safe Longline 
					Fishing Toolkit, March 2024
 
					- 
					
					Policies and Tools for Improving Digital Economy and 
					Competition in Digital Markets: Current Issues, March 2024
 
					- 
					
					APEC Workshop on Implementation of Online Dispute Resolution 
					(ODR) in APEC Economies, including through the APEC ODR 
					Collaborative Framework, March 2024
 
					- 
					
					APEC Creative Industries in The Post-COVID-19 Pandemic: 
					General Situations and Policy Responses, March 2024
 
					- 
					
					Policy Recommendations: Stakeholder Engagement to Promote 
					Digitalization of Licensing and Permitting Measures in APEC 
					Economies, March 2024
 
					- 
					
					Workshop Summary Report – APEC Workshop on Promoting Digital 
					Transformation in Agriculture, March 2024
 
					- 
					
					A Workshop for Fisheries Enforcement Strategies to Prevent, 
					Combat and Deter IUU Fishing Related to COVID-19 Pandemic, 
					March 2024
 
					- 
					
					World-Class Circular Economy Industrial Parks: Best 
					Practices, Challenges, Opportunities, Training and 
					Collaboration, March 2024
 
					- 
					
					Progress Evaluation and Future Direction: An Analysis of the 
					Cebu Action Plan, March 2024
 
					- 
					
					Study on the Use of Telemedicine to Promote Health Equity in 
					APEC Region after COVID-19, March 2024
 
					- 
					
					Gap Analysis of Economic Incentives for Antimicrobials in 
					APEC Economies, March 2024
 
					- 
					
					Options Paper: Incentives to Bring New Antibiotics to APEC 
					Markets, March 2024
 
					- 
					
					APEC Regional Trends Analysis, February 2024
 
					- 
					
					Capacity Building on Vessel Innovation Symposium to Combat 
					Marine Debris, March 2024
 
					- 
					
					Final Report with Policy Recommendations for APEC 
					Manufacturing-Related Services: Definitions, Contributions, 
					Issues, & Challenges, March 2024
 
					- 
					
					Data Standardization within APEC: Focusing on Health Data, 
					March 2024
 
					- 
					
					Microplastic Exposure and Distribution in the Coastal 
					Aquaculture Input System, March 2024
 
					- 
					
					APEC FTAAP Work Program: Multistakeholder Engagement for 
					Trade Agreement Development, March 2024
 
					- 
					
					Green Chemistry and Sound Chemicals Management Workshop, 
					March 2024
 
					- 
					
					Energy Efficiency Policy Workshop on PREE 12: 
					Electrification and Energy Efficiency, March 2024
 
					- 
					
					Promoting Compostable Bioplastics in the APEC Region, March 
					2024
 
					- 
					
					Research Report on Promoting Green Jobs for a Resilient 
					Economic Recovery from COVID-19, February 2024
 
					 
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				March 2024  | 
				
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		Escalation Risks in the Indo-Pacific: A Review for Practitioners, 
		February 2024. The outbreak of war in the Indo-Pacific 
		is a real possibility. Increased competition, a growing trust deficit 
		between global and regional powers and potential miscalculations 
		heighten the risk. There needs to be a more engaged Australian 
		discussion on conflict-escalation risks and how they might be managed. 
		Policymakers and leaders need to understand escalation risks as they 
		manage Australia’s relationship with the US, China, North Korea and 
		Australia’s key regional defence partners over coming decades. In 
		rhetoric and in action, Australia also needs to be attentive to how the 
		acquisition and employment of our own new capabilities—strike missiles, 
		evolving cyber capabilities and nuclear-propelled submarines—affect 
		strategic stability dynamics in a fast-changing world...  | 
				
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				ASPI  | 
					 
				
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		National Resilience: Lessons for Australian Policy From International 
		Experience, February 2024. The strategic circumstances 
		that Australia contemplates over the coming decades present multiple, 
		cascading and concurrent crises. Ensuring a safe and secure Australia, 
		able to withstand the inevitable shocks that we’ll face into the future, 
		will require a more comprehensive approach to strategy than we’ve 
		adopted over the past seven decades. We can’t rely on the sureties of 
		the past. The institutions, policies and architectures that have 
		supported the nation to manage such crises in our history are no longer 
		fit for purpose. The report highlights lessons drawn from international 
		responses to crisis, to assist policymakers build better responses to 
		the interdependent and hyperconnected challenges that nations face. The 
		report brings together the disciplines of disaster management, defence 
		strategy and national security to examine what an integrated national 
		approach to resilience looks like, and how national resilience thinking 
		can help Australia build more effective and more efficient responses to 
		crisis and change...  | 
				
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				ASPI  | 
					 
				
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				2024 Global Diplomacy Index. 
				China and the United States lead the world, by some margin, in 
				the size of their diplomatic networks. Beijing tops the Index 
				with 274 posts in its global network, followed closely by 
				Washington with 271. China’s rise to the top spot was rapid. In 
				2011, Beijing lagged behind Washington by 23 diplomatic posts. 
				By 2019, China had surpassed the United States in having the 
				world’s largest diplomatic network. In 2021, China pulled 
				further ahead, leading the United States by eight posts, but by 
				2023, the gap narrowed again to China ahead by just three posts. 
				Since China assumed the lead, both countries have largely 
				plateaued, with China down two posts overall compared to 2019 
				(276), and the United States fluctuating slightly to return to 
				2016 levels (271)...  | 
				
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				Lowy  | 
					 
				
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				Overcoming Digital Threats to Democracy, February 2024. 
				Many of the challenges that digital technologies present stem 
				not only from what they can do, but how they are governed. Most 
				of the digital platforms used in democracies are controlled by a 
				handful of multinational corporations, colloquially known as 
				“Big Tech”. The digital technologies they develop maximise the 
				profit and interests of this handful of technology companies. 
				But when power is concentrated in the hands of a few, there is 
				little accountability to the public. When users do not properly 
				understand terms of service, tracking, or privacy notices, 
				consent cannot be fully or freely given. When terms of service 
				are not consistently applied, there is inconsistent application 
				of the law. And when governments enact regulation primarily 
				based on partisan pressures and interests, the public interest 
				is absent. All these elements combine to create a crisis of 
				legitimacy...  | 
				
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				Lowy  | 
					 
				
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				Geopolitics in the Pacific Islands: Playing for Advantage, 
				February 2024. 
				Traditional donors — Australia, France, Japan, New Zealand, and 
				the United States — now compete with China for geopolitical 
				influence in the Pacific Islands. Pacific Islands leaders worry 
				this competition could lead to militarisation or “strategic 
				manipulation”. Leaders are refusing to choose between major 
				powers and are claiming to be “friends to all, enemies to none”. 
				This allows Pacific Islands Countries (PICs) to leverage 
				strategic competition for political and national advantage, as 
				well as maximise aid. But there are limits to the “friends to 
				all” rhetoric — not all friends share compatible values or 
				governance systems. Some PICs, such as the US Compact states and 
				French territories, have associations that limit their security 
				engagements. Others, such as Papua New Guinea, have a clear 
				preference for traditional partners to assist with security...  | 
				
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				Lowy  | 
					 
				
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				Drought, Flood, and Rice Security in Central Thailand, March 
				2024. 
				With roughly 63 percent of the country’s agricultural area 
				allocated for rice farming, rice has long been a key food staple 
				and export crop for Thailand. As with other crops, rice is 
				heavily dependent on water, whether it is from precipitation or 
				irrigation, and is also sensitive to changing temperatures. The 
				impacts of droughts and floods on rice farming are a fundamental 
				source of concern for Thai farmers and the government. This 
				article focuses on the effects of droughts and floods on rice 
				quality and quantity, as well as on farmers’ rice income and 
				prospects for livelihood diversification. Based on our 
				interviews with rice farmers in Uthaithani, Chainat, and 
				Ayutthaya, droughts and floods diminish rice yields and increase 
				incidences of crop failures, both partial and complete. They 
				also lower the quality of rice and further depress net head rice 
				yields by altering rice grain dimensions and moisture levels, as 
				well as increasing the amount of cracked and immature grains...  | 
				
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				EWC  | 
					 
				
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				Indian Ocean Security Means More Will Be Asked of US Allies, 
				February 2024. 
				The Indian Ocean is now the globe’s busiest and most 
				strategically significant trade corridor, carrying two-thirds of 
				the world’s oil shipments and a third of the world’s bulk cargo. 
				The vulnerability of the global commons has been on display 
				since late 2023 as Houthi rebels in Yemen have attacked shipping 
				in the Red Sea and the Gulf of Aden. The rebels claimed to be 
				targeting ships based on their links to the United States or 
				Israel to support Palestinians in the Israel-Hamas conflict. 
				These attacks significantly disrupted international trade as the 
				Red Sea, via the Suez Canal, offers the shortest shipping route 
				between Asia and Europe. The response, led by the United States, 
				saw an international coalition formed to ensure freedom of the 
				seas as well as tailored strikes in Yemen and the seizure of a 
				container ship with Iranian-supplied weapons bound for the 
				Houthis...  | 
				
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				EWC  | 
					 
				
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				Australia and the Resilient Pacific Islands, February 2024. 
				The Pacific is Australia’s region and home—we are a member of 
				the Pacific family and a proud founding member of the Pacific 
				Islands Forum (PIF). Australia’s priority is to ensure the Blue 
				Pacific remains peaceful, prosperous, and equipped to respond to 
				the challenges of our time. Australia is bringing new energy and 
				more resources to the Pacific to help build a stronger and more 
				united Pacific family and elevate Pacific voices on issues that 
				matter to the region. We are committed to working in lockstep 
				with the PIF to support Pacific priorities, guided by the 
				Pacific Way and by ambitions articulated in the 2050 Strategy 
				for the Blue Pacific Continent. We are reliable, transparent, 
				and open, and we respect the sovereignty and the centrality of 
				regional institutions. Over the past 12 months, Australia’s 
				Minister for Foreign Affairs, Senator the Honorable Penny Wong, 
				and Minister for International Development and the Pacific, the 
				Honorable Pat Conroy (member of parliament)...  | 
				
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				EWC  | 
					 
				
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					The Political Split at the Heart of Taiwan’s Struggle 
					against Foreign Disinformation, February 2024. 
					Taiwan’s struggle against foreign disinformation and 
					concerns about China’s impact on its 2024 election has 
					received much international attention recently. This issue 
					brief examines the domestic and international politics 
					behind Taiwan’s struggle against foreign disinformation. A 
					significant push towards dealing with foreign disinformation 
					has been undertaken during the eight-year rule of the 
					Democratic Progressive Party (DPP), both in terms of 
					strengthening democratic resilience and seeking support and 
					cooperation from international partners. This push has 
					launched Taiwan’s issue into the international arena, in 
					line with the DPP’s strategy for closer cooperation with 
					other “like-minded” democracies...  | 
				
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				ISDP  | 
				 
				
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					Must Regulate the AI Trifecta: Security, Business, and 
					Privacy, February 2024. 
					The enormous amount of research and development in 
					Artificial Intelligence (AI) technologies has led it to grow 
					to a level that impacts security, business, and privacy 
					concerns. The proliferation of artificially intelligent 
					weaponry raises the potential for arms races, the 
					possibility of non-state actors obtaining such weapons, and 
					security issues. From the business lens, AI has catalyzed 
					decision-making and operational strategies that have enabled 
					efficiency. However, as the functioning of AI is dependent 
					on data, deliberating privacy issues has become necessary. 
					Discussions around AI governance are still in their infancy, 
					which presents a chance to create frameworks for governance 
					that encompass every step of the process, from development 
					to deployment...  | 
				
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				ISDP  | 
				 
				
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					Japan’s Strategic Messaging for a ‘Free and Open 
					International Order (FOIO)’: Can It Preserve its 
					Indo-Pacific Achievements? February 2024. 
					The “free and open international order (jiyū de hirakareta 
					kokusai chitsujo) based on the rule of law,” or “FOIO,” is 
					emblematic of Japan’s overriding ideal as pursued across 
					multiple administrations. Introduced in early 2017 following 
					the better-known “free and open Indo-Pacific (FOIP),” it 
					became Prime Minister Fumio Kishida’s major diplomatic 
					message in 2023. Underpinned by the rule of law among 
					nations, the FOIO represents the latest evolution in Japan’s 
					attempt to preserve the existing international order amid 
					the growing challenges posed by China and other 
					authoritarian states...  | 
				
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				ISDP  | 
				 
				
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					Iran and Japan Relations in a Transitional World Order, 
					February 2024. 
					Both the Japanese and Iranian foreign policies are under 
					evolution. Given the changing global security environment, 
					their foreign policy approach toward each other is 
					continuously changing, and the Free and Open Indo-Pacific (FOIP) 
					strategy is certainly one important factor that shapes 
					Japanese foreign policy towards Iran as well as the Middle 
					East. Iran, on its part, is strengthening its ties with 
					China and North Korea which is concerning for Japan. This 
					issue brief sheds light on the mutual perception and 
					misperception of Iran and Japan towards each other and how 
					they aim to navigate the difficult terrain to maintain a 
					relationship...  | 
				
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				ISDP  | 
				 
				
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					Russia-DPRK Relations: Implications for the UNSC’s Mandate, 
					February 2024. 
					The burgeoning military cooperation between Russia and the 
					DPRK poses a significant challenge to global security. The 
					simplified characterization of the alleged arms deal as a 
					product of converging interests between old friends 
					overlooks the fundamental importance of geo-political 
					dynamics and both states’ diplomatic pivot away from the 
					liberal West as a cause for re-evaluating their bilateral 
					relations. This issue brief argues that regardless of 
					whether the arms deal sustains momentum beyond the Ukraine 
					war, strengthened DPRK-Russo relations challenge the UN 
					Security Council as the principal theater for engagement on 
					the North Korean nuclear issue and threaten to accelerate 
					the widening rift between liberal and autocratic spheres of 
					influence.  | 
				
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				ISDP  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #3: Enhancing ASEAN’s Role in Critical 
					Mineral Supply Chains. An energy transition is underway 
					in Southeast Asia. This process is dependent on an 
					uninterrupted supply of the minerals and metals that are 
					essential to produce low-carbon technologies. These raw 
					materials are termed “critical minerals” (CMs), owing to 
					three broad features: their necessity as inputs in 
					low-carbon technology, the lack of viable substitutes, and 
					significant supply constraints. The demand for CMs such as 
					lithium, nickel, cobalt, rare earth elements (REEs), copper, 
					and silicon3 is expected to increase exponentially in the 
					coming decades. To meet the global net zero target by 2050, 
					mineral inputs will need to increase sixfold by 2040, 
					compared to current levels. According to scenarios developed 
					by the International Energy Agency (IEA), the demand for 
					minerals used in electric vehicles (EVs) will increase 
					thirty times compared to current levels, while mineral 
					requirements for low-carbon energy generation will triple by 
					2040...  | 
				
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				ISEAS  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #2: China as a Rising Norm Entrepreneur: 
					Examining GDI, GSI and GCI. Addressing a gathering at 
					the Moscow State Institute of International Relations in 
					March 2013, Chinese President Xi Jinping talked about the 
					concept of mankind being a community of shared future or 
					with a common destiny. This was Xi’s first major foreign 
					policy speech, during his first foreign visit, after taking 
					over as president. Analytical and media discourse at the 
					time paid little attention to this concept. Instead, much of 
					the discussion was focused on what appeared to be the 
					articulation of shared grievances and a convergence of 
					objectives between China and Russia. From a policy 
					perspective, the idea of people being a community of common 
					destiny or shared future was rather vague. Moreover, it did 
					not seem novel. In fact, in Chinese discourse, this concept 
					can be traced back to the pre-Xi era...  | 
				
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				ISEAS  | 
				 
				
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					Trends in 
					Southeast Asia 2024 #1: TIMOR-LESTE IN ASEAN: Is It Ready to 
					Join?. In response to Timor-Leste’s formal application 
					for ASEAN membership in 2011, ASEAN leaders in November 2022 
					finally came to an in-principle agreement to admit the 
					country as its eleventh member and to grant Timor-Leste 
					observer status to attend all ASEAN meetings. This follows 
					the positive outcomes of fact-finding missions across the 
					three ASEAN Community pillars, which noted the strong 
					political will and commitment displayed by Timor-Leste for 
					its accession to ASEAN. Timor-Leste has developed two key 
					documents to help align its national laws, regulations, and 
					policies with ASEAN’s, particularly concerning its binding 
					agreements...  | 
				
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				ISEAS  | 
				 
				
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				Latest APEC publications: 
				
					- 
					
					APEC Policy Brief – Drivers of Services Competitiveness and 
					the Contribution of Structural Reform, February 2024
 
					- 
					
					Conference Report - Managing Infectious Disease on 
					Cross-Border Cruise Ships in the Post-COVID-19 Era: 
					Application of Digital Technology, February 2024
 
					- 
					
					APEC Women Empowerment through Cybercrime-Free Workshop for 
					Secure Online Trading in the 4th Industrial Revolution, 
					February 2024
 
					- 
					
					Reaction to COVID-19: Strengthening Quality Infrastructure 
					for Energy Efficiency of Lighting Products in Buildings in 
					the APEC Region, February 2024
 
					- 
					
					Workshop on Promoting Bioplastic Materials to Reduce Marine 
					Plastic Litter in the Asia Pacific Region, February 2024
 
					- 
					
					Addressing Informality: Transitioning to the Formal Economy, 
					February 2024
 
					- 
					
					Outcomes and Outlook 2023/2024
 
					- 
					
					Mutual Recognition Agreements for Professional 
					Qualifications and Licensure in APEC: Experiences, 
					Impediments and Opportunities, February 2024
 
					- 
					
					APEC Oil and Gas Security Exercise in Thailand - 5th APEC 
					Oil and Gas Security Exercise, February 2024
 
					- 
					
					APEC Workshop on Energy Modelling - Workshop Summary Report, 
					February 2024
 
					- 
					
					APEC Workshop on Sustainable Energy Transition: 
					Opportunities and Challenges - Summary Report, February 2024
 
					- 
					
					APEC Youth Impact Forum: Promoting Local Sustainability and 
					Inclusive Growth to Enhance Post-pandemic Regional 
					Resilience and Innovation - Final Report, February 2024
 
					- 
					
					Establishing a Safe and Sustainable Future for Travel in the 
					Better Normal - Compendium, February 2024
 
					- 
					
					Capacity Building on Supply Chain Connectivity with 
					Cloud-based Manufacturing Solutions - Final Report, February 
					2024
 
					- 
					
					APEC Capacity Building Workshop on APEC’s Goals of Doubling 
					the Renewable Energy Share in the Energy Mix and Reducing 
					Energy Intensity - Workshop Summary, February 2024
 
					 
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				APEC  | 
					 
				
				
				
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				Latest ADBI Working Paper Series:
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				ADB  | 
					 
				
				
				
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				Latest ADB Working Paper Series:
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				ADB  | 
					 
				
				
				
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				Latest ADB Publications:
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					Budgeting for Gender Equality: A Practical Guide to Gender 
					Budgeting, February 2024
 
					- 
					
					Homelessness in Ulaanbaatar: Evidence and Policy 
					Recommendations, February 2024
 
					- 
					
					Nurturing Short-Term Rentals in Thailand, February 2024
 
					- 
					
					A Governance Framework for Climate-Relevant Public 
					Investment Management, February 2024
 
					- 
					
					Asian Economic Integration Report 2024: Decarbonizing Global 
					Value Chains, February 2024
 
					- 
					
					Kazakhstan and ADB (1994-2024): 30 Years of Partnership, 
					February 2024
 
					- 
					
					Comparative Analysis of Collateral Eligibility Criteria, 
					February 2024
 
					- 
					
					People and Planet: Addressing the Interlinked Challenges of 
					Climate Change, Poverty and Hunger in Asia and the Pacific - 
					2024 Asia-Pacific SDG Partnership Report, February 2024
 
					- 
					
					Mobilizing Taxes for Development, February 2024
 
					- 
					
					New Energy Applications for Ports and Inland-Waterway 
					Shipping in the People’s Republic of China, February 2024
 
					- 
					
					Estimating Value-Added Tax Using a Supply and Use Framework: 
					The ADB National Accounts Statistics Value-Added Tax Model, 
					February 2024
 
					- 
					
					Asia Clean Energy Forum 2023—Navigating Toward a 
					Carbon-Neutral Future through Clean Energy Solutions: Event 
					Highlights, February 2024
 
					- 
					
					Costing Social Protection Reform for Asia and the Pacific: 
					Strategies for Financing Social Protection to Achieve 
					Sustainable Development Goals in the Developing Member 
					Countries, January 2024
 
					 
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				February 2024  | 
				
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				A Renewed Philippine-United States Alliance, January 2024. 
				In 2023, after tumultuous relations during the Duterte 
				administration, the Philippine-United States alliance was 
				reinvigorated under President Ferdinand “Bongbong” Marcos Jr. 
				and his “friend to all, enemy to none” foreign policy. The 
				alliance’s strong footing is exemplified by high-level meetings 
				and dialogues, defense cooperation, and coordination on 
				non-traditional issues. Several high-level meetings were held in 
				the first half of 2023. The Bilateral Strategic Dialogue set the 
				tone for the alliance, with Washington reaffirming its 
				commitment to Manila. This was followed by the 2+2 Ministerial 
				Dialogue in April and a state visit by Marcos in May, resulting 
				in $1.3 billion in pledges. The dialogues revolved around four 
				main areas: reaffirming the alliance and enhancing defense 
				relations, promoting a rules-based international order, 
				exploring economic cooperation, and supporting green energy and 
				environmental protection...  | 
				
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				EWC  | 
					 
				
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				The Consequences of Taliban Policies on Human Rights in 
				Afghanistan (August 2021–August 2023). 
				Following the collapse of the Islamic Republic regime, the 
				Taliban seized power in Afghanistan in August 2021. The 
				Taliban’s abolition of the 2004 constitution and other internal 
				regulations has set the stage for Tali-ban fighters to engage in 
				violent and arbitrary practices. The dismal human rights 
				situation in Afghanistan has prompted international 
				organizations to express serious concerns and to demand an 
				examination of the Taliban regime’s conduct toward the Afghan 
				people. This article provides a comprehensive analysis of the 
				repercussions of the Taliban’s policies on citizen rights, which 
				are divided into two distinct categories: civil-political rights 
				and economic, social, and cultural rights...  | 
				
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				EWC  | 
					 
				
				
				
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				Latest East-West Center Occasional Papers Series:
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				EWC  | 
					 
				
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					Experts’ Scenarios on Russia’s Future, January 2024. 
					For a century determinists of various persuasions claimed to 
					be able to predict future developments. They believed that 
					very few key economic or social indicators determined 
					humankind’s future evolution. Nowadays all but the most 
					diehard determinists accept that a broad range of factors 
					contribute to the direction of change. We acknowledge that 
					along with economic and social change, factors as diverse as 
					the values and personalities of leaders, the dynamics of 
					groups and bureaucracies, changing sources of energy, group 
					and national psychology, and even changes in climate can all 
					shape the future. These and many other factors could affect 
					the outcome of Russia’s current war on Ukraine and 
					developments within the Russian Republic immediately 
					thereafter...  | 
				
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				ISDP  | 
				 
				
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					Sino-Russian Relations, From Where – To Where, January 2024. 
					Since 1949, relations between the Soviet Union/Russia and 
					China have been oscillating between formal military 
					alliances and military border clashes. In the early phases, 
					the cooperation was beneficial for both nations. China, 
					emerging from decades of war with a devastated economy and 
					international isolation, needed both economic and military 
					support and the Soviet Union as the leader of the socialist 
					block in the world, saw an alliance with China as both 
					natural and strategically convenient. However, with the 
					death of Stalin relations became strained. Khrushchev´s 
					“de-Stalinization process“ and his policy of “peaceful 
					coexistence” with the West and a promise to President 
					Eisenhower to stop a project to help China develop nuclear 
					weapons, infuriated Mao. Sino-Soviet economic cooperation 
					and trade almost came to a halt amid the ideological 
					competition between the two countries...  | 
				
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				ISDP  | 
				 
				
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					The Quad and Submarine Cable Protection in the Indo-Pacific: 
					Policy Recommendations, January 2024. 
					This policy brief analyzes the Quadrilateral Security 
					Dialogue (Quad) initiative on submarine cables in the 
					Indo-Pacific and offers a timely roadmap as to how best to 
					protect them. It first locates the significance of submarine 
					cables for global connectivity and security, and then 
					contextualizes the perception of threats to cables from 
					malicious state or state-supported actors at a time of 
					rising global tensions. Because of the unique challenges 
					posed by cable vulnerabilities, including sabotage and 
					espionage, the brief focuses on the impact of disruptions 
					within the evolving geopolitical landscape as well as their 
					recent securitization and provides actionable rather than 
					aspirational recommendations for the Quad...  | 
				
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				ISDP  | 
				 
				
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					Disaster Risk Reduction: Need for Collective Approach-Based 
					Policy Measures, January 2024. 
					At the beginning of 2024, a massive earthquake struck Japan 
					killing several people and displacing even more. However, 
					the earthquake was only one instance of the various natural 
					disasters experienced the world over in the year gone by, 
					ranging from wildfires in North America to droughts in parts 
					of Europe. Climate change has influenced the intensity and 
					frequency of such disasters – causing immense economic 
					damage. The effect of disasters is further amplified in 
					regions already grappling with prolonged internal and 
					cross-boundary conflicts...  | 
				
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				ISDP  | 
				 
				
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					Bangladesh: Strategies and Requisites for Growth, January 
					2024. 
					Over the past decade, Bangladesh has achieved an impressive 
					annual growth rate of around 7 percent, with the GDP soaring 
					from USD 18.14 billion in 1980 to USD 460.2 billion in 2022. 
					The country is set to become the 20th largest economy by 
					2037. This issue brief maps the country’s economic ascent, 
					which has led to substantial improvements in social 
					indicators, including a rise in life expectancy, a 
					significant reduction in under-five mortality, and strides 
					in education and gender empowerment. It explores 
					Bangladesh’s proactive approach to regional partnerships, 
					particularly with India, and its efforts to diversify global 
					engagements, including collaborations with Japan and Europe. 
					Highlighting Dhaka’s challenges, such as the overreliance on 
					the textile sector, energy crises, and geopolitical 
					complexities affecting economic growth, it emphasizes the 
					need for Bangladesh’s democracy to maintain social harmony, 
					political stability, and gender empowerment to attract 
					foreign investment and sustain economic growth.  | 
				
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				ISDP  | 
				 
				
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					Trends in 
					Southeast Asia 2023 #19: Managing China-Singapore Relations 
					Amid US-China Rivalry. China-Singapore relations have 
					come a long way since diplomatic ties were established in 
					1990. At that time, China needed friends and foreign 
					investments, and Singapore played a role in befriending 
					Beijing and bringing in investments from abroad. The West 
					had then ostracized Beijing due to the 1989 Tiananmen 
					incident. Today, a much stronger China faces a somewhat 
					similar hostile external environment. Most notable is the 
					escalating tensions between China and the United States, 
					which has created a unique geopolitical context that 
					necessitates a careful examination of the future trajectory 
					of China-Singapore ties. As both nations navigate this 
					complex geopolitical environment, they must adapt and 
					respond to evolving circumstances so that they can continue 
					to reap mutual benefits...  | 
				
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				ISEAS  | 
				 
				
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					Trends in 
					Southeast Asia 2023 #20: The Debate on the Ba‘Alawi Lineage 
					in Indonesia: Highlighting Weaknesses in the Genealogical 
					Records. The Ba‘Alawi ( بَاعَلَوِي or the descendants of 
					‘Alawi) trace their lineage from Prophet Muhammad through 
					Ahmad Al-Muhajir who migrated from Basra, Iraq, to Hadramaut, 
					Yemen, in 320H. They thus have their ancestral roots in the 
					valley of Hadhramaut. Since the early nineteenth century, 
					large numbers of people left Yemen and traversed the Indian 
					Ocean, resulting in a Hadhrami diaspora across South Asia, 
					Southeast Asia and East Africa (Ho 2010, p. xxii). They 
					played an important role in commercial activity and the 
					spread of Islam, and over the years became well-respected 
					for their religious knowledge. In Southeast Asia, some of 
					them even attained political influence through marriage to 
					local ruling families. Most Hadhramis in the region are 
					concentrated in Indonesia, Malaysia and Singapore...  | 
				
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				ISEAS  | 
				 
				
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				Latest APEC publications: 
				
					- 
					
					Workshop on Microplastics in the Coastal Aquaculture Input 
					Chain: From the Perspectives of Policy, Regulation and 
					Research to a Recommendation of a Mitigation Plan, January 
					2024
 
					- 
					
					Unpacking Issues in the Gig Economy: Policy Approaches to 
					Empower Women in APEC, January 2024
 
					- 
					
					Helping Businesses Build and Maintain Open, Secure and 
					Resilient Supply Chains, January 2024
 
					- 
					
					E-commerce Status Analysis to Identify Best Practices, 
					Digital Skills Development and Strategies that Promote 
					E-Commerce in MSMEs in APEC Economies, January 2024
 
					- 
					
					Annual Report on Asia-Pacific Tourism (2021), January 2024
 
					- 
					
					Exploring Ways to Enhance the Cross-Border Development of 
					Skilled Professionals across the APEC Region, January 2024
 
					- 
					
					Workshop on Public-Private Collaboration in Supporting of 
					Containing Measures During and Beyond Pandemic - Project 
					Final Report, January 2024
 
					- 
					
					A Toolkit for Developing Digital Upskilling Training Program 
					in New Media from the Gender Lens, January 2024
 
					- 
					
					Increasing the Readiness and Resiliency of Tourism 
					Destination Stakeholders in Managing Health Crises in APEC 
					Economies, January 2024
 
					- 
					
					Paving the Way for Green Hydrogen in Advancing Circular 
					Economy: Stakeholder Management for Capacity Building and 
					Strategic Communications for Advocacy, January 2024
 
					- 
					
					Digital and Inclusive Talents Cultivation and Technology 
					(AI)-Enabled Collaboration: TVET’s Integrative Models of 
					Skills and Trainings - Project Summary Report, January 2024
 
					 
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				Latest ADB Working Paper Series:
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				ADB  | 
					 
				
				
				
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				Latest ADBI Working Paper Series:
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				Latest ADB Publications:
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				January 2024  | 
				
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						High 
						Frequency Macroeconomic Forecasts Current Quarter Model: 
						2024Q1, January 2024. Hong Kong’s economy has 
						reverted to a growth rate of 2.2% in the first half of 
						2023. Economic growth is expected to accelerate in the 
						second half of 2023 with a 4.1% increase in 23Q3. Hong 
						Kong’s real GDP is expected to grow by 4.5% in 23Q4. It 
						is projected to grow by 3.3% for the year 2023 as a 
						whole. Hong Kong’s imports and exports are expected to 
						reverse the decline in 2023 and grow by 5.8% and 5.5% in 
						the first quarter of 2024 respectively, partly due to a 
						lower base of comparison. The job market is anticipated 
						to remain stable, with an unemployment rate maintained 
						at 2.9%. Elevated interest rates hold back consumer and 
						investment sentiment, leading to a global economic 
						slowdown in the first half of 2024. Hong Kong’s real GDP 
						is expected to grow by 2.1% in 24Q1. Hong Kong’s 
						economic growth is projected to be between 1.9% to 2.7% 
						for the year 2024.  | 
				
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				HKU  | 
					 
				
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				Enhancing Australia’s Taiwan Ties, December 2023. 
				Australia’s economic and political engagement with the 
				self-governed island of Taiwan has been constrained by 
				inconsistent and tentative policy under diplomatic pressure from 
				Beijing. Economically, Australian interests have been hurt by 
				China’s so-far successful effort to stop Canberra pursuing a 
				free trade agreement with Taipei. Politically, Australia has 
				contributed to Taipei’s international isolation by not more 
				fully taking advantage of the freedom to manoeuvre granted by 
				the ambiguities of its one-China policy. If left unchecked, this 
				deepening international isolation could eventually endanger both 
				Taiwan’s de facto independence and its liberal democracy...  | 
				
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				Lowy  | 
					 
				
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		Shadow Play, December 2023. ASPI has recently observed a 
		coordinated inauthentic influence campaign originating on YouTube that’s 
		promoting pro-China and anti-US narratives in an apparent effort to 
		shift English-speaking audiences’ views of those countries’ roles in 
		international politics, the global economy and strategic technology 
		competition. This new campaign (which ASPI has named ‘Shadow Play’) has 
		attracted an unusually large audience and is using entities and voice 
		overs generated by artificial intelligence (AI) as a tactic that enables 
		broad reach and scale. It focuses on promoting a series of narratives 
		including China’s efforts to ‘win the US–China technology war’ amid US 
		sanctions targeting China. It also includes a focus on Chinese and US 
		companies, such as pro-Huawei and anti-Apple content...  | 
				
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				ASPI  | 
					 
				
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		North of 26 Degrees South and the Security of Australia: Views From the 
		Strategist, Volume 8, December 2023. Building on 
		previous volumes, this edition discusses the opportunities and 
		intersections between improved national defence and capability 
		development in northern Australia, regional economic growth, and 
		enhanced engagement with the Indo-Pacific region. Similar to previous 
		editions, Volume 8 contains a wide range of articles sourced from a 
		diverse pool of expert contributors, writing on topics such as: northern 
		Australia’s critical role for national defence, how Defence can improve 
		operational capability and re-design its strategy in the north, critical 
		minerals and rare earths, national disaster preparedness, and economic 
		opportunity in northern Australia...  | 
				
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				ASPI  | 
					 
				
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					Building the India-Japan Partnership: Strategic Compulsions 
					and Indo-Pacific Imperatives, December 2023. 
					Over the past two decades, Japan and India have witnessed a 
					transformative shift in bilateral ties that has seeped into 
					their already officially established “Special Strategic and 
					Global Partnership.” However, even as this growth remains 
					unprecedented, the need for deepening their three-tiered 
					partnership—bilateral, regional, and global— on multilateral 
					concerns such as traditional and non-traditional security, 
					defense, trade and investment, energy, technological 
					innovation, and economy has never been more urgent, nor the 
					scope so immense. This publication reviews diverse aspects 
					of the ever-growing India-Japan comprehensive partnership in 
					four key areas—namely strategic essence; trade, investment, 
					and economic security; energy and digital partnership; and 
					Indo-Pacific connects—highlighting the opportunities and 
					challenges, as well as providing implementable 
					recommendations for going forward.  | 
				
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				ISDP  | 
				 
				
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					The CSDDD Effect: Assessing the Impact of the EU’s Impending 
					Corporate Sustainability Mandate on Japanese Companies, 
					December 2023. 
					This issue brief explores the significant impact of the 
					European Union (EU)’s expected Corporate Sustainability Due 
					Diligence Directive (CSDDD) on global corporate 
					responsibility, with a specific focus on its implications 
					for Japanese companies. The CSDDD, which will mandate that 
					companies conduct human rights and environmental due 
					diligence (HREDD) across their value chains, extends the 
					influence of the EU’s regulatory policy to companies well 
					beyond the borders of Europe. Japanese companies, which have 
					traditionally been less integrated in HREDD practices, now 
					face a critical need to align their corporate policies with 
					these new standards to maintain their global business 
					relevance...  | 
				
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				ISDP  | 
				 
				
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					Chinese Investments in Malaysia: Synthesizing the Evidence 
					Ten Years into the BRI, December 2023. The launch of the 
					BRI in 2013 raised the interests of Chinese investors in 
					Malaysia. However, views of the BRI in Malaysia are often 
					based on a few mega projects, which are financed by federal 
					loans. This lends a misleading view that Chinese investments 
					are motivated by geoeconomic interests alone rather than 
					commercial interests. This study synthesizes the existing 
					evidence on Chinese investments in Malaysia, ten years into 
					the BRI, using an Antecedent, FDI Decision and Outcome (ADO) 
					framework. It seeks to shed light on the nature, drivers, 
					and motivations as well as some of the outcomes of these 
					investments. It is found that Chinese investments in 
					Malaysia are diverse in terms of sectoral coverage, drivers, 
					and entry modes while the long-term impact on technology 
					transfer remains unclear.  | 
				
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				ISEAS  | 
				 
				
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				2022 Singapore Asset Management Survey. 
				2022 presented a challenging environment for global investors, 
				with global AUM falling by 10%. Against this backdrop, 
				Singapore’s asset management industry also declined by 10% to 
				S$4.9 trillion (or US$3.65 trillion1). The healthy net inflows 
				partially offset the decline in valuation that contributed to 
				the drop in AUM. Singapore remains a key gateway for 
				global asset managers and investors to tap the region’s growth 
				opportunities, with 76% of AUM sourced from outside Singapore, 
				and 88% of total AUM invested outside the country. Within Asia 
				Pacific, 20% of AUM was invested in Southeast Asia...  | 
				
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				MAS  | 
					 
				
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				MAS Survey of Professional Forecasters, December 2023. The 
				Dec 2023 Survey was sent out on 22 November 2023 to a total of 
				26 economists and analysts who closely monitor the Singapore 
				economy. This report reflects the views received from 25 
				respondents (a response rate of 96%) and does not represent MAS’ 
				views or forecasts. The Singapore economy expanded by 
				1.1% year-on-year in Q3 2023. This was slightly above the 
				respondents’ median forecast of 1.0% in the previous survey. In 
				the current survey, the respondents expect the economy to grow 
				by 1.8% year-on-year in Q4 2023...  | 
				
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				MAS  | 
					 
				
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				2023 Singapore Corporate Debt Market Development. Global 
				bond issuances volume decreased in 2022 due to an acceleration 
				in rate hikes to rein in inflation. Over the same period, 
				annual issuance volume of Asia (Ex-Japan) G-3 bonds halved to 
				USD 192 billion as compared to USD 391 billion in 2021. Issuers 
				and investors continued to keep a close eye on the interest 
				rates environment with corporate issuers reducing financing 
				amidst greater volatility in bond markets as interest rates 
				climbed, or opting for shorter-term financing as an 
				alternative...  | 
				
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				MAS  | 
					 
				
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				Latest APEC publications: 
				
					- 
					
					Project Report on Improving Transparency and Knowledge of 
					Safety Requirements for Trade Food in APEC Region, December 
					2023
 
					- 
					
					APEC Embracing Carers Policy Toolkit to Address the Unpaid 
					Care Gap, December 2023
 
					- 
					
					APEC Digital Innovation to Facilitate SMEs’ Green 
					Transformation Feature Report, December 2023
 
					- 
					
					Virtual Workshop: Leveraging New Technology for Tax 
					Administration in the Post-COVID Era, December 2023
 
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					APEC Workshop on Microgrids for a Just Energy Transition, 
					December 2023
 
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					Study on Techniques to Implement International Secured 
					Transactions Standards in Civil and Common Law 
					Jurisdictions, December 2023
 
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					Sharing Standards of the Detection of SARS-CoV-2 by Nucleic 
					Acid Amplification Methods for Strengthening Public Health 
					System and Facilitating, December 2023
 
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					FemTech: Economic Empowerment of Women with Health 
					Technology, December 2023
 
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					Communicating the APEC Putrajaya Vision 2040: Perception 
					Survey 2023
 
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					APEC Workshop on Facilitating Digital Transformation for 
					SMEs in Logistics and Transport Industries in the Post 
					COVID-19 Pandemic, December 2023
 
					- 
					
					Study on the Use and Efficacy of Face Masks for Combating 
					COVID-19 Transmission, December 2023
 
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					Assessing the Impact of Rising Sea Levels on Travel and 
					Tourism in APEC Economies, December 2023
 
					 
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				Latest ADB Publications:
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					Alternative Way to Expand Access and Improve Quality 
					Public–Private Partnership in Education in the Republic of 
					Korea and Japan, December 2023
 
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					Performance-Based Road Maintenance Contracts in the CAREC 
					Region, December 2023
 
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					Strengthening the Life-Science Industry in the People’s 
					Republic of China, December 2023
 
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					Financing Transport Connectivity in the BIMSTEC Region, 
					December 2023
 
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					Enhancing Gender Equality in Infrastructure Development: 
					Theories of Change, Indicators, and Sector Strategies, 
					December 2023
 
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					Gendered Impacts of the COVID-19 Pandemic in Central and 
					West Asia: Lessons Learned and Opportunities for 
					Gender-Responsive Public Investments, December 2023
 
					- 
					
					Manual for Climate Change Adaptation Measures for Transport 
					Infrastructure in Central Asia with a Focus on Uzbekistan, 
					December 2023
 
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					Road Map to Scale Up Solar Irrigation Pumps in Bangladesh 
					(2023–2031), December 2023
 
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					Human Settlements in Mongolia: Strengthening Strategic 
					Cities and Towns for Sustainable Territorial Development, 
					December 2023
 
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					Online Learning During the COVID-19 Pandemic: A Review of 
					Student Experiences in Asian Higher Education, December 2023
 
					- 
					
					Driving Digitalization of Global Trade: UNCITRAL Model Law 
					on Electronic Transferable Records, December 2023
 
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					Civil Society Brief: Kazakhstan, December 2023 
 
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					Atlas of Landslides in the Kyrgyz Republic, December 2023
 
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					Tax Expenditure Estimation Tool Kit, December 2023
 
					- 
					
					Tourism as Services Export: Current State, Vulnerabilities, 
					and Building Resilience, December 2023
 
					- 
					
					Pacific Economic Monitor: Domestic Resource Mobilization for 
					Economic Recovery and Resilience, December 2023
 
					- 
					
					Asian Development Outlook (ADO): Growth Upbeat, Price 
					Pressures Easing, December 2023
 
					- 
					
					Update on Financial Market Infrastructures in ASEAN+3, 
					December 2023
 
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					Excise Tax Policy and Cigarette Use in High-Burden Asian 
					Countries, December 2023
 
					 
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