Seaports, which are a lifeline for economies small and large, have been hit hard by COVID-19 disruptions. Using smart technology will help them rebound and could usher in a new era of equitable economic growth.
In Central Asia, it once took up to 58 hours and $318 for a cargo truck to cross a border. Countries in the region are working together to streamline the process for goods and services to move across borders.
Asian governments should introduce policies that do not slow down economic growth, but do spread its benefits more equitably.
Governments in Asia and the Pacific must think about two things when restarting their economies: when to do it and how.
The pandemic has highlighted the importance of technology in managing the crisis. Public-private partnerships, coupled with global cooperation, could help us explore technological solutions beyond the earth.
The Regional Comprehensive Economic Partnership brings 15 nations and 2.2 billion people into a trade partnership. It also offers broad economic and societal benefits that go beyond imports and exports.
Over-the-counter derivatives allow investors and lenders to price and structure tailor-made funding arrangements to promote long-term infrastructure finance.
With the right policies, the Yellow River can help the People’s Republic of China achieve its goals for ecological sustainability and economic growth.
Asian regulators and policy makers should undertake prudential financial supervision and regulation to improve the quality of private debt and reduce the risk of financial instability in the future.