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 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…

Several Asia-Pacific countries are ageing fast. This transition is neither unique nor limited to the region - it is a global megatrend. However, this time it is different. Why? Because ageing…

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…

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…

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,…

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,…

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,…

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…

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…

Economic and non-economic shocks such as financial crises, natural disasters, and pandemics leave behind permanent scars in economies and societies and result in major setbacks to development gains…

Extraordinary times calls for extraordinary measures. The COVID-19 pandemic has required countries to deploy large spending for emergency health response and relief measures for households and firms…

As the socio-economic impacts of the COVID-19 pandemic spread across the length and breadth of Asia and the Pacific, finance ministries are continuing their relentless efforts to inject trillions of…

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…

“We have to learn from COVID… We can’t wish away systemic risk. It’s much much cheaper, much more effective to invest upfront in order to avoid disaster and so it is with climate change – a crisis…

The current COVID-19 crisis has shown that governments can act quickly and decisively if needed and collaborate to work collectively. So, why are governments not acting as quickly and decisively in…

The year 2020 has witnessed an unprecedented COVID-19 crisis where many human lives have been lost. We have also witnessed the tremendous magnitude and speed of collapse in economic activity–…

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…