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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,…

Photo credit: istockphoto/tampatra Blog

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,…

Photo credit: Getty Images/iStockphoto Blog

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,…

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…

Unsplash/Lightscape Blog

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…

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…

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…

ESCAP / Daphna Beerdsen Blog

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–…