IMF-India: Financial Sector Assessment Program-Financial System Stability Assessment

February 28, 2025-Summary
India's financial system has withstood the pandemic well and has become more resilient since the 2017 FSAP. Nonbank financial institutions (NBFIs-especially nonbank financial companies (NBFCs) providing credit with wholesale financing-and market financing have grown, making the financial system more diverse and interconnected.

The role of the state has diminished, yet it remains significant, including in using the financial system to pursue social and public finance goals.

New World Bank Report Charts Pathways for Energy Security, New Jobs, and Market Opportunities in East Asia

August 28, 2025-A new World Bank report, Green Horizon: East Asia's Sustainable Energy Future, outlines practical pathways to modernize and upgrade the region's energy systems to support power and industrial sectors-a key step for East Asia to sustain long-term growth, create jobs, and retain economic competitiveness.

Dissecting Medium-Term Growth Prospects for Asia

August 22, 2025-Summary
This paper explores Asia-Pacific's medium-term growth prospects using two approaches. First, growth accounting analysis and machine-learning estimation reveal how demographics, capital deepening, productivity, and human capital shaped Asia's growth.