Online courses play an important role in accessing quality higher education, even more so during the pandemic. But most higher education systems do not have a process in place to accept credits from online courses not offered by their own institution.
The massive Regional Comprehensive Economic Partnership (RCEP) agreement is expected to go into force in 2022. It could be instrumental in helping Asian economies bounce back from the pandemic.
The People’s Republic of China has shown how buses can be used to dramatically increase the number of people vaccinated against COVID-19. The region should follow their example.
Effective risk management for flash flood disasters is now achievable, thanks to 21st century technological advances in communication technology, spatial data analysis, and weather prediction.
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.