Compared to Latin America and other regions, Asia scores high on innovation. The reasons are complex but education is fundamental to the process.
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.
Just as past crises triggered international and regional financial cooperation, the pandemic offers an opportunity to collectively improve financial resilience and soundness.
Government assistance programs, and relaxed insolvency procedures, have helped keep businesses afloat during the pandemic.
Vaccination programs and travel bubbles are still in their infancy. They could help revive tourism in Asia and the Pacific but governments need to pave the way with the right policies.
The right blend of public and private sector support, along with long-term transport strategies and anchor institutions such as schools and hospitals, are some of the basic ingredients needed for a successful new city.