The pandemic erased millions of jobs in Southeast Asia. But the digital economy offers renewed hope particularly for young job-seekers—if they can learn the necessary skills.
Despite the global economic turmoil, remittances remained remarkable resilient during the pandemic. Reforms are needed to keep this financial lifeline strong in the years ahead.
An ADB economist who specializes in the areas of education, skills development and jobs, answers questions about which jobs are best suited to work-from-home arrangements, based on a recent study in Southeast Asia.
Tourism has yet to recover in Asia and the Pacific, but a few green shoots can help us understand how best to heal the sector.
In Southeast Asia, women workers were disproportionately affected by the pandemic. Urgent policy action is needed to address the issue and improve the welfare of women in other areas as well.
The massive Regional Comprehensive Economic Partnership (RCEP) agreement is expected to go into force in 2022. It could be instrumental in helping Asian economies bounce back from the pandemic.
The People’s Republic of China has shown how buses can be used to dramatically increase the number of people vaccinated against COVID-19. The region should follow their example.
With the right policies in the sustainable finance market, Southeast Asian governments can add momentum to the region’s post-pandemic recovery and improve lives through the achievement of the Sustainable Development Goals.
Though Cambodia contributes minimally to global greenhouse gas emissions, it is highly vulnerable to climate change impacts. Key policies and actions can help the country move toward low carbon economic growth.
Just as past crises triggered international and regional financial cooperation, the pandemic offers an opportunity to collectively improve financial resilience and soundness.