How to Assess Crisis Risks: Developing a New Early Warning System at the Asian Development Bank

Name: How to Assess Crisis Risks: Developing a New Early Warning System at the Asian Development Bank
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Bol This report presents a new early warning system to help detect economic vulnerabilities in Asia and the Pacific. The new early warning system is powered by machine learning and a rich dataset of more than 1,500 indicators. Representing a shift toward more adaptive forecasting, it integrates traditional macrofinancial metrics with emerging risks and broadens the lens for assessing vulnerabilities. An intuitive companion dashboard delivers frequently updated forecasts, making insights accessible for policy dialogue with governments and development partners.

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This report presents a new early warning system to help detect economic vulnerabilities in Asia and the Pacific. The new early warning system is powered by machine learning and a rich dataset of more than 1,500 indicators. Representing a shift toward more adaptive forecasting, it integrates traditional macrofinancial metrics with emerging risks and broadens the lens for assessing vulnerabilities. An intuitive companion dashboard delivers frequently updated forecasts, making insights accessible for policy dialogue with governments and development partners.

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