Looming threat of reverse labour force migration

The entry of a European robot company in Bangladesh eying to automate 3.0 million manufacturing jobs is more than a threat of job loss. In an industry, once one firm starts taking the advantage of robots to replace human workers to reduce cost, competition starts compelling other firms to start...

Securing robust financial markets for stable growth in Asia

Twenty years after the Asian Financial Crisis resulted in the region's greatest economic dislocation, two lessons from that episode continue to resonate to date. The first is that the crisis largely reflected vulnerability resulting from flows of easy money into, and eventually out of, the region, rather than being triggered...