The pandemic has shown central bankers and public debt managers that innovation and creativity are needed to maintain borrowing opportunities and keep local currency bond markets functioning.
Just as past crises triggered international and regional financial cooperation, the pandemic offers an opportunity to collectively improve financial resilience and soundness.
Post-COVID economic recovery could be delayed in countries with poor track records on governance.
Companies deploying Fourth Industrial Revolution technologies, and investing in reskilling and upskilling for digital occupations, are likely to recover faster from the impact of the pandemic.
The pandemic has highlighted the power of digital technology. Now is the time to harness this power for inclusive growth so that communities, especially in poor and remote areas, can survive the crisis and thrive.
Developing economies in Asia have for years relied on partnerships with the private sector to pay for infrastructure projects. That could be in jeopardy during the pandemic.
To ensure that we have an economic recovery that benefits people and the planet, we should scale up investments in businesses that provide environmental benefits.
To respond to the challenges of the pandemic and deliver services effectively, a professional civil service needs to build the values, culture and skills required to respond to complex demands and challenges.
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.