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Expert Opinions & Stories
High prices of essential goods and services have become a pressing issue for the poor and vulnerable in Asia and the Pacific despite decent economic growth and declining inflationary trends so far in…
Economic prospects in Asia and the Pacific – celebrate resilience, prepare for headwinds
Economic performance in Asia and the Pacific has proved to be quite resilient to the shocks of the past few years – the COVID-19 pandemic, the ongoing wars in Ukraine and Gaza, and the cost-of-living…
Following persistent and determined efforts, Africa has achieved a breakthrough in advancing the establishment of an African credit rating agency (ACRA), with the proposed launch scheduled for…
First and Last Mile Access to Public Transport: Safe and Inclusive Mobility Solutions for Asian Cities
In the Asia-Pacific region, due to urban sprawl and transport infrastructure characteristics, the distance from a location to a public transport node is often longer than the 500m mark to…
As cities in Asia and the Pacific continue to expand, the demand for transport services to accommodate commuters is increasingly challenging. Integration of public transport systems has emerged as a…
When students from poor families in developing countries are offered places at prestigious universities, they are often faced with a tough choice. One option is to accept the offer and create more…
Bhutan is one of two countries globally that maintains a carbon-neutral status and is the only country in the Asia-Pacific region that can claim this title. However, as the country recovers from the…
ESCAP Public Debt Dashboard – a one-stop shop to learn about public debt in Asia and the Pacific
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…
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…
The unprecedented fiscal firepower used to protect the vulnerable from the harsh socio-economic impact of the COVID-19 pandemic and the resulting economic contraction have pushed the average…
With a population of around 4.9 billion people, the Asia-Pacific region is home to 63 per cent of the world’s inhabitants. As of 2021, the region accounts for around 37 per cent of global GDP (USD 35…
After two years of human devastation, the world is learning to live with COVID-19 while trying to balance the protection of public health and livelihoods.
For countries in Asia and the Pacific,…
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,…
The risk of public debt distress is considerably high in almost all Pacific small island developing States (PSIDS). The debt levels in most PSIDS were on a rising trajectory since early 2010s and are…
The Pacific Small Island Developing States (PSIDS) are among the most vulnerable countries in the world to the impacts of climate change. The World Risk Index 2021 ranks several Pacific Island…
The inauguration of 414 km electrified standard gauge Lao-China railway line has a potential to change the dynamics of international transport among the ASEAN member States and beyond.
The railway…
Meeting urban mobility needs through paratransit and informal transport in Asia-Pacific cities
Asia and the Pacific is a region where diverse modes of transport play special roles in facilitating mobility. Mass transit modes (trains, trams, Bus Rapid Transit and ordinary buses) coexist with…
COVID-19: a threat and opportunity for urban passenger transport in Asia and the Pacific
The rise of the omicron variant is pushing the end of the COVID-19 pandemic further into the future. It remains to be seen if this new variant will wreak as much havoc as previous ones on public…
We, not me: building a fairer future
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,…
Transport ministers from across Asia and the Pacific are meeting this week to consider a potentially transformational agenda for how people and goods are moved around the region and across the globe…