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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,…

Photo credit: istockphoto/tampatra Blog

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,…

Shutterstock/TZIDO SUN Blog

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…

Unsplash / Victor He Blog

The global outbreak of the COVID-19 pandemic is causing severe hardship to millions of people from Beijing to Bangkok, Dhaka to Da Nang, Kolkata to Karachi: leaving no place and community untouched.

Unsplash / Bill Oxford Blog

On the frontlines of the battle to contain the public health and economic fallouts of the global COVID-19 pandemic, the Asia-Pacific region faces crucial policy choices as it tries to balance short…

Pixabay/Sasin Tipchai Blog

For the first time in history, remittances are expected to become the largest source of external financing for low- and middle-income countries worldwide. Remittances are expected to reach $550…

ESCAP Photo/ Kibae Park Blog

Asia and the Pacific is lauded globally for its rapid economic growth over recent decades and has lifted 1.1 billion people out of extreme poverty since 1990. Nevertheless, the region continues to…

Shutterstock.com Blog

Economics is supposedly a hard-nosed academic profession, focused on understanding the mechanisms by which material wealth is created and enlarged to meet ever-growing demand. For a long time, the…

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Structural economic transformation and the expansion of international trade are among the most pressing issues to be addressed, if Asia’s landlocked developing countries (LLDCs) are to overcome the…

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Infrastructure development is undoubtedly critical for a country’s long-term economic growth and competitiveness as it impacts economic activities by increasing productivity, facilitating trade, and…