Global supply chains link the welfare of disaster-hit companies and their surrounding communities to a network of corporations that have an economic incentive to help them bounce back.
Earthquakes, powerful storms, tsunamis and other disasters have powerful immediate impacts, but they also do long-term damage that often gets overlooked.
The pandemic provides an opportunity for regional financial cooperation on reforms to make Asian banks more resilient to crises.
Lining up rights-of-way for megaprojects, such as railways and highways, in crowded places is challenging but it can be done with an imaginative and respectful plan.
Closed borders and health concerns halted international student mobility in 2020, but students are expected to return. Education policy makers need to be ready for a new type of international student that wants both physical and digital learning opportunities.
Investments that consider environment, social, and corporate governance issues can help reduce carbon emissions
More funds should be allocated to innovative firms and essential projects in the areas of renewable energy, electronic vehicles, storage batteries, hydrogen technology, and carbon capture, usage, and storage.
Hydrogen has the potential to be the next breakthrough energy source but key challenges need to be overcome before it can be scaled up to widespread use. Developing countries could be at the forefront of this new “hydrogen economy”
The massive Regional Comprehensive Economic Partnership presents a major trade opportunity for Asia but there are still critical details that need to be worked out.
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.
Measuring purchasing power is an effective way to track economic recovery after the pandemic, estimate the real sizes of economies, and gauge poverty.