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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…

Photo credit: iStockphoto/RomoloTavani Blog

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…

iStockphoto/Cyano66 Op-ed

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…

Photo credit: Shutterstock/Tsetso Photo Op-ed

The recent climate talks in Egypt have left us with a sobering reality: The window for maintaining global warming to 1.5 degrees is closing fast and what is on the table currently is insufficient to…

Photo credit: iStockphoto/peterschreiber.media Blog

Secure and sustainable energy systems are a key driver of economic growth and social development. Together with technological innovations, which open new opportunities, the modern world faces…

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The world is facing multiple overlapping challenges. The recovery from COVID-19 and the impacts of climate change along with the food, energy and cost of living crises are straining the economies of…

Photo credit: iStockphoto/metamorworks; iStockphoto/coffeekai Blog

The recently released IPCC report ‘Climate Change 2022 Impacts, Adaptation and Vulnerability’ published in February 2022 makes it abundantly clear that we must accelerate efforts to decarbonize our…

Photo credit: iStock/FroYo_92 Blog

The last two years have seen several significant disturbances to global energy markets. The COVID-19 pandemic and the resulting economic shutdowns at first depressed demand, leading to significant…

Op-ed

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,…

Photo credit: Adobe Stock/Gajus Blog

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,…