Turbulent Remittance Flows During the Pandemic Highlight the Need for Reforms
Despite the global economic turmoil, remittances remained remarkable resilient during the pandemic. Reforms are needed to keep this financial lifeline strong in the years ahead.
Asia’s Fashion Industry Looks to New Strategies to Overcome Pandemic Impacts
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.
Your Questions Answered: How to Manage Rising Prices in Asia?
ADB economists Irfan A. Qureshi and Matteo Lanzafame answer questions about inflation in Asia and how governments can best respond.
What Emerging Bright Spots Tell Us About Reviving Тourism in Asia
Tourism has yet to recover in Asia and the Pacific, but a few green shoots can help us understand how best to heal the sector.
Asia’s Resilient Supply Chains Withstand Pandemic and Global Turmoil
A range of factors have helped Asia’s supply chains weather the pandemic better than those in other parts of the world. Vigilance is needed to maintain these vital trade links.
Asia’s Developing Countries Need Bold Tax Reform to Rebound from the Pandemic
Tax revenue can be raised in a fair and reasonable way to provide much-needed public services and support the poor and disadvantaged still reeling from the pandemic.
The Implications for Asia of US Monetary Policy
Interest rate hikes in the United States would exert significant impacts on Asian economies through trade, exchange rates, and financial markets.
Asian Trade Has Rebounded Strongly, Yet Uncertainties Persist
These charts illustrate the strong momentum of Asia’s trade growth during 2021, showing its resilience amid continuing uncertainties around the pandemic and a potential slowdown in the pace of global economic recovery.
During The Pandemic, Asia Went Online Yet the Digital Economy Declined
As the pandemic embedded “digitalization” into our daily lives, the digital sector suffered along with other aspects of the economy. The rise of the digital economy has made defining and measuring it imperative for policymaking.
Vaccinated Asia is Prospering While Other Countries Struggle
To benefit from the demand for Asian exports, rapid and widespread vaccination – particularly in light of the Omicron variant – is needed to stop the divergence in economic recovery paths among Asia’s economies.