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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 / Nicolas Weldingh Op-ed

Developing countries of Asia and the Pacific are experiencing unbalanced tolls of the COVID-19 pandemic. Grim milestones in infections and deaths have left countless devastated. Yet, we must look at…

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…

Shutterstock / Khongtham Blog

The destruction caused by natural disasters, which is becoming more frequent and severe due to climate change, is graphic and frightening. However, there is a significant impact on the financial…

Unsplash / Bill Oxford Blog

On the frontlines of the battle to contain the public health and economic fallouts of the global COVID-19 pandemic, the Asia-Pacific region faces crucial policy choices as it tries to balance short…

Pixabay/Sasin Tipchai Blog

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…

UNICEFINDA2013-00377Romana Blog

Less than a dollar per person per day. That is all it will cost developing countries in Asia and the Pacific to realize their ambitions for an inclusive and sustainable future, according to a study…

Shutterstock.com Blog

Economics is supposedly a hard-nosed academic profession, focused on understanding the mechanisms by which material wealth is created and enlarged to meet ever-growing demand. For a long time, the…