Vaccination programs and travel bubbles are still in their infancy. They could help revive tourism in Asia and the Pacific but governments need to pave the way with the right policies.
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.
Governments and the private sector are working together in Asia and the Pacific to chart a path toward re-opening businesses during the midst of the pandemic.
In cities around Asia, governments are exploring ways to capture the increased value of land near public infrastructure projects, and direct these funds back toward the needs of city residents.
This innovative approach has enabled cities like Tokyo to curb traffic by financing ultra-efficient public transport systems.