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.
Business-friendly policies, and the transition to greater use of e-commerce and on-demand production, are key to helping Asia’s small and medium-sized fashion companies bounce back from the pandemic.
Economies in Asia and the Pacific should consider utilization rates as a regional public good allowed to raise the value of trade agreements and foster regional value chains.
The pandemic provides an opportunity for regional financial cooperation on reforms to make Asian banks more resilient to crises.
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.
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.
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 pandemic-driven surge in data collection offers major opportunities, and some risks, for the reopening of tourism in the region.
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.