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The Economic and Social Survey of Asia and the Pacific 2023 highlighted that 19 countries in the region are facing a high risk of debt distress.[1] While the public debt-to-GDP ratio is the most…

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More and more developing countries in the Asia-Pacific region are struggling under mounting public debt, making it difficult for them to invest in sustainable development.

External debt servicing…

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Emerging from the shock of the COVID-19 pandemic, the global economy has been shaken yet again, this time by geopolitical events that threaten to set back the nascent post-COVID-19 economic recovery,…

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Even as Asia and the Pacific continues to be the fastest growing region in the world, economic growth has been slowing since the 2008 global financial crisis. Add the COVID-19 pandemic to the mix,…

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In theory, the pandemic created an opportunity for policymakers to recalibrate existing policies and develop new, innovative strategies to mobilize financial resources and drive a green, inclusive,…

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The Covid-19 crisis has upended lives across the globe, wreaking havoc on economies and societies.

Looking beyond the pandemic, climate change poses the single most important threat to the…

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Economic and non-economic shocks such as financial crises, natural disasters, and pandemics leave behind permanent scars in economies and societies and result in major setbacks to development gains…

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The proliferation of plastic in our society is hitting extreme levels that should be of concern to all nations. According to recent research by Plastics Europe, we produce around 359 million tonnes…

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The COVID-19 pandemic is imposing economic and broader development challenges as never before. Job losses, reduced income and lack of access to social protection will push millions back into extreme…

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Extraordinary times calls for extraordinary measures. The COVID-19 pandemic has required countries to deploy large spending for emergency health response and relief measures for households and firms…