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Expert Opinions & Stories
Economic prospects in Asia and the Pacific – celebrate resilience, prepare for headwinds
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…
The Asia-Pacific region is faltering on decades of progress in reducing poverty and hunger. Increasingly, severe climate-related hazards are threatening food security and triggering human…
Following persistent and determined efforts, Africa has achieved a breakthrough in advancing the establishment of an African credit rating agency (ACRA), with the proposed launch scheduled for…
When students from poor families in developing countries are offered places at prestigious universities, they are often faced with a tough choice. One option is to accept the offer and create more…
“Climate change impacts everyone, but not equally,” says Shreya KC, a young climate activist from Solukhumbu, Nepal.
Shreya has seen firsthand how women and young girls in rural communities have…
We are living in an era of a polycrisis: the lingering effects of the COVID-19 pandemic, the climate emergency and the Russian invasion of Ukraine continue to send shockwaves through Asia and the…
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 latest synthesis report from the Intergovernmental Panel on Climate Change makes for grim reading: Every fraction of a degree of warming comes with escalated threats, from deadly heatwaves to…
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…
Achieving the SDGs in extraordinary times
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…
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,…
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…
We, not me: building a fairer future
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,…
Green recovery policies are still possible
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,…
Scale up carbon dioxide removal to achieve climate targets, urge United Nations regional leaders
In a joint statement, the Executive Secretaries of the United Nations Regional Commissions have called for enhanced regional cooperation to develop nature-based and technological solutions for…
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…
Resilient economies are possible
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…
