The historic spirit of cross-border trade in Central Asia is being revived in the energy sector.
The move to clean energy and carbon neutrality in the People’s Republic of China will require conservation, conversion to new energy sources beyond coal and changing people’s energy consumption habits.
Ensuring equitable access to vaccines is crucial for developing countries in Asia to reopen their economies and recover. Well-designed policies will speed the rebound of Asian economies and have impacts that span the globe.
Earthquakes, powerful storms, tsunamis and other disasters have powerful immediate impacts, but they also do long-term damage that often gets overlooked.
Aging can adversely affect economic performance, demanding changes in social and economic policies to address the challenge. While the best-known dimension of aging relates to fiscal sustainability due to spiraling health care and pension costs, the repercussions are wider. More worryingly, aging will ultimately constrain economic growth because labor supply shortages result in lower GDP growth in the absence of increases in total factor productivity.
To get energy efficiency programs back on track, governments need to focus on education, incentives and improved regulations, as well as artificial intelligence and machine learning.
Vice-President Stephen Groff gives an update from the Beijing launch of the PRC-led Belt and Road Initiative.
Solar power is helping Asia get electricity to people, particularly in rural and remote areas, but it has fallen behind in its use as a clean energy cooking source.
The Asia-Pacific region has the expertise and resources to take a leadership role in not only developing a COVID-19 vaccine but distributing it to those who need it most.
Collecting taxes more efficiently allows countries to improve their balance sheets after the pandemic while promoting business investment and sustainable economic growth.