Smart Ports are Needed for Shipping to Recover from the Pandemic
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.
Reviving Connectivity and Diversifying Trade in Central Asia
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.
Responding to Income Inequality in Asia
Asian governments should introduce policies that do not slow down economic growth, but do spread its benefits more equitably.
Renminbi Stepping in Right Direction Toward Internationalization
The PRC may be a globally significant economic and trading power, but the market share of its currency, the renminbi (RMB), lags well behind the US dollar and the euro. To align the RMB with its growing global stature, the PRC has embarked on a strategy to internationalize the currency. Typically, it is taking a gradual approach.
Rebooting the Economy During COVID-19
Governments in Asia and the Pacific must think about two things when restarting their economies: when to do it and how.
Reaching for the Stars in the Fight Against COVID-19
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.
RCEP is a Gargantuan Trade Deal But Will Economies be Able to Make the Most of It?
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.
Putting Derivatives to Work in Development Finance
Over-the-counter derivatives allow investors and lenders to price and structure tailor-made funding arrangements to promote long-term infrastructure finance.
Protecting The Yellow River Basin in the People’s Republic of China
With the right policies, the Yellow River can help the People’s Republic of China achieve its goals for ecological sustainability and economic growth.
Private Debt, a Hidden Menace to Asia’s Financial Stability
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.