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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…

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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,…

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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,…

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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,…

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In theory, the pandemic created an opportunity for policymakers to recalibrate existing policies and develop new, innovative strategies to mobilize financial resources and drive a green, inclusive,…

Photo credit: iStockphoto/Getty Images Op-ed

If the world wants to beat back the COVID-19 pandemic and ensure no one is left behind in the recovery, two issues thrown into sharp relief by the pandemic need attention: digitalization and regional…

Photo Credit: Arnie Chou Blog

As the world enters its second year of living with the COVID-19 pandemic, the focus has shifted from containing the spread of the disease towards recovering from socio-economic disruptions. COVID-19…