These charts illustrate the need for Pacific countries to expand local livelihood opportunities while balancing between sustaining remittance flows and addressing local labor shortages.
Lotte Schou-Zibell, a financial inclusion advisor for ADB, and ByeongJo (Jo) Kong, a Digital Technology Specialist in data analytics and big data for ADB, answer questions about how generative AI can aid in the effort to expand financial inclusion in Asia and the Pacific.
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 ability of the economies of the Caucasus and Central Asia to effectively respond to external shocks critically depends on their cooperation in diversifying trade and transport routes. The right policies and development of the Middle Corridor is a key to success.
As countries in Central Asia and the Caucasus navigate post-pandemic recovery and geopolitical challenges, managing increasing public debt becomes crucial for sustainable growth.
Governments around the world are designing and implementing new industrial policies to address economic, security, and environmental concerns. Should policymakers in Asia and the Pacific follow suit?
The pandemic, which devastated the tourism industry worldwide, illustrated the importance of Maldives diversifying its economy to sectors other than tourism and travel.
Population aging can turn the demographic dividend into a drag on economic growth. New research indicates automation can lessen the effects of unfavorable demographic change on labor productivity.
These charts illustrate how developing economies in Asia and the Pacific face significant growth challenges due to their exposure to declining demand from major markets in Europe, the United States, and the People’s Republic of China.
The rise of trade distorting measures adopted unilaterally by countries signals the need for reform of World Trade Organization rules and procedures.