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Expert Opinions & Stories
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…
2022 started with an abnormally warm January for North and Central Asia, followed by civil unrest, and the lingering impacts of COVID-19. How the year ahead would look like is still fraught with…
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,…
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…
Countries in North and Central Asia are increasingly trying to make their energy sectors greener and more sustainable. With stagnating economic growth and climate change on the horizon, countries are…
North and Central Asia is on track to achieve Sustainable Development Goal 7: affordable and clean energy, based on aggregated data for the whole subregion. However, general statistics may conceal…
The world is emerging from the biggest social and economic shock in living memory, but it will be a long time before the deep scars of the COVID-19 pandemic on human well-being fully heal.
In the…