Increasingly, innovation is being seen as a key element in growing Asia’s economies and creating jobs.
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.
Measuring purchasing power is an effective way to track economic recovery after the pandemic, estimate the real sizes of economies, and gauge poverty.
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.
The tradeoff between lost lives during the pandemic and lost livelihoods is often viewed as an all-or-nothing choice between complete lockdown versus zero restrictions. In reality, a balance can be struck.
Simmering trade disputes are decreasing the beneficial effects of free trade and could in the long-term damage the rules-based order upon which global commerce is based.
Investments in universal health coverage are investments in economic growth. They play a critical role in leveraging opportunities, anticipating challenges, and delivering the knowledge, expertise, and financing countries need to achieve universal health coverage.
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.
This innovative approach has enabled cities like Tokyo to curb traffic by financing ultra-efficient public transport systems.