No country can fight climate change alone. The countries of the Central Asia Regional Economic Cooperation (CAREC) program should take coordinated action to combat the increasing impacts of climate change and find sustainable solutions.
The ability of the economies of the Caucasus and Central Asia to effectively respond to external shocks critically depends on their cooperation in diversifying trade and transport routes. The right policies and development of the Middle Corridor is a key to success.
Population aging can turn the demographic dividend into a drag on economic growth. New research indicates automation can lessen the effects of unfavorable demographic change on labor productivity.
Governmental policies can influence individual investor behavior, driving them towards sustainable investments and shaping' risk perceptions and investment choices.
As the world commemorates International Youth Day, governments should consider targeted policies, and cultural changes, to address the differences in leisure time among girls and boys.
Rapid socioeconomic development and population growth are escalating groundwater overexploitation, creating a potential crisis in Asia and the Pacific.
The region’s aging population poses challenges and opportunities. As the age dependency ratio rises, it's vital to address healthcare, pensions, and food security. Investments in capital, technology, and human capital development are crucial for the 'silver workforce'
Inflation in Asia and the Pacific’s developing economies has declined, but the fight may not be over. Underlying price pressures remain persistent, even as growth is weighed down by continued global headwinds. Policymakers can however put in place reforms to promote a low-inflation environment.
A free trade agreement could bring the economic and social development benefits of global value chains to Central Asia.
Retail bonds provide stability, attract individual investors, and support financial literacy in Asia's growing bond market.