Trade Connections Expose Asia and the Pacific to the Global Slowdown
These charts illustrate how developing economies in Asia and the Pacific face significant growth challenges due to their exposure to declining demand from major markets in Europe, the United States, and the People’s Republic of China.
Three Ways Finance Departments Can be a Secret Weapon Against Climate Change
Finance ministries are empowered with functions that allow them to lead a comprehensive, government-wide approach to address climate change.
Driving Green Investments: How Fiscal Reforms and Governance Can Spur Climate-Resilient Development
Governments in Asia and the Pacific are navigating fiscal reforms and enhancing governance to align finance with climate action. This includes using national adaptation plans, climate-inclusive fiscal frameworks, and green budget tagging initiatives.
The "Invisible" Water Crisis: Groundwater Sustainability in Asia and The Pacific
Rapid socioeconomic development and population growth are escalating groundwater overexploitation, creating a potential crisis in Asia and the Pacific.
Here’s How to Manage the Economic Impact of Asia and the Pacific's Aging Population
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'
Global Supply Chains Need Fixing: Help Is on The Way
Facing global supply chain challenges, the Indo-Pacific Economic Framework promotes economic cooperation among 14 economies, strengthening supply chain resilience, fostering innovation, and driving growth.
The Power of Retail Bonds: A Stable Funding Source for Asian Governments
Retail bonds provide stability, attract individual investors, and support financial literacy in Asia's growing bond market.
Child Mortality Remains High in Asia and the Pacific: A Renewed Focus on Vaccines is Needed
Despite a notable drop in under-five mortality, Asia and the Pacific remains a hotspot for child deaths. The pandemic made things worse, causing a significant decline in routine immunizations. It's time to intensify vaccination programs and renew our commitment to children's health.
Indonesia's Digital Transformation: Leave No Region Behind
Technological transformation in Indonesia should take into account the different needs and opportunities of each region to avoid exacerbating development disparities. Targeted policies are needed to prepare these areas for digitization.
Factories or Call Centers? Asia Charts its Development Path
Asia’s industries, primarily manufacturing, fueled phenomenal economic growth and poverty reduction in recent decades. But today many countries are looking to the service sector as an alternative.