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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…

Photo credit: iStockphoto/Metamorworks Blog

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…

Photo credit: iStockphoto/Worawut Prasuwan Blog

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…

Blog

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…

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…

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,…

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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…

Photo credit: Shutterstock/Przemyslaw Skibinski Blog

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…

Shutterstock/TZIDO SUN Blog

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…

Photo credit: iStock/tudiocasper Op-ed

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…

UNICEF Op-ed

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…

Unsplash / Macau Photo Agency Blog

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…

Unsplash / billow926 Blog

The United Nations has tasked the Canadian Institutes of Health Research Institute of Population and Public Health (CIHR-IPPH) to lead the research roadmap to identify priorities that will support an…

Unsplash/Prayag Tejwani Op-ed

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…

UN News / WB State Inter Agency Group on Disaster Management Blog

“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…

ESCAP/Dayyan Shayani Blog

New dashboard to track SDG investments

Achieving a goal requires dedicating adequate resources. ESCAP’s SDG Progress Assessment shows that countries in Asia and the Pacific are not on track to…

Pixabay / Manuel Dario Fuentes Hernandez Blog

“We have a rare and short window of opportunity to rebuild our world for the better”
- António Guterres, United Nations Secretary-General

Not undermining the challenges posed by COVID-19, there…

Unsplash / Dominik Vanyi Blog

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…