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ESCAP Photo/Anant Jha Blog

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…

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: iStockphoto/Getty Images Op-ed

The start of the “Decade of Action” to achieve the United Nations’ Sustainable Development Goals (SDGs) has also marked the start of an unprecedented period of overlapping crises.

The Covid-19…

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,…

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,…

Photo credit: ASEAN Foundation Blog

Last month, the world marked the first anniversary since the World Health Organization (WHO) declared the COVID-19 virus as a pandemic. Throughout the year, we witnessed how a virus can bring forth a…

Unsplash / Lynda Hinton Blog

After decades of impressive growth, for the first time, Southeast Asia is experiencing a drop in measured human development. The economic fallout from the COVID-19 pandemic will likely take months…

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…