Factories or Call Centers? Asia Charts its Development Path
Asia’s industries, primarily manufacturing, fueled phenomenal economic growth and poverty reduction in recent decades. But today many countries are looking to the service sector as an alternative.
When Global Tourism Returns, the Silk Road Awaits
Central Asia has the opportunity to create a sustainable, safe, easily accessible, and well-known tourism destination that provides a variety of year-round, quality experiences.
In Central Asia, COVID-19 Response Demands Improved Regional Cooperation
By working together with countries to make sound socioeconomic development strategies, multilateral financial institutions can contribute substantially to the fight against the pandemic.
In Central Asia, a Soviet-Era Electricity Network Could Power Future Energy Sharing
With expanding regional cooperation and a readily available platform, the building blocks are in place for Central Asia to achieve energy security, resilience and economic competitiveness.
Countries in Central and West Asia Must Avoid a COVID-19 Race to the Bottom
Governments in Central and West Asia must commit to reforms and get them right, or face a downward spiral. The costs of the crisis are already obvious in rising deficits and debt. There is no room for complacency.
Two Ways to Help Revive Tourism in Asia and the Pacific
Promoting domestic travel and using “travel bubbles” will help throw a lifeline to the region's struggling tourism industry.
Tracking COVID-19’s Devastating Toll on Asia’s Remittances
Our research indicates that the global economy could lose more than $100 billion in remittances. Governments need to act fast to protect the most vulnerable in society from this loss of vital income.
A New Era of Clean Energy Cooperation Along the Old Silk Road
The historic spirit of cross-border trade in Central Asia is being revived in the energy sector.
Central Asian Countries are Moving Forward Together to Beat COVID-19
A forward-looking, regional approach is needed for countries in Central Asia to respond to the pandemic and prepare for future public health threats.
It’s Time for Central Asia to Do Whatever It Takes to Minimize the Pandemic’s Economic Impact
Bold action is required by policymakers and central bankers to keep the region’s economies afloat and contain the pandemic.