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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…

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…

iStock-929499172 Blog

Fiscal policy – the use of government spending and taxation – is a prominent policy tool for national development. Since the 1980s, its role somewhat diminished as laissez-faire, an approach of… 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…