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…

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…

Despite efforts to mitigate and adapt to climate change, Sustainable Development Goal (SDG) 13 on Climate Action has seen an overall regression in progress in Asia and the Pacific. A 2023 ESCAP…

The unique challenges posed to the Asia-Pacific region in the face of climate change, poverty and hunger are well known. The region plays a significant role in climate action as both the largest…

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…

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…

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…

Stakeholder engagement: The case for a more strategic approach

After the isolating and unkind years of the COVID-19 pandemic, which shrank our networks and reduced social interactions, it was…

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,…

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…

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,…

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…

The Pacific Island Developing State of Vanuatu has emerged as one of the region’s great success stories. Vanuatu has joined the ranks of Samoa and the Maldives as one of only six countries to…

The COVID-19 pandemic is imposing economic and broader development challenges as never before. Job losses, reduced income and lack of access to social protection will push millions back into extreme…