The pandemic has worsened inequality on many fronts. Pro-active macroeconomic policy combined with labor retraining programs and increased social protection are needed.
To cope with the pandemic, Asia’s poor are missing meals and selling their assets. Governments need to target policies toward the most vulnerable in order to stave off long-term damaging impacts.
If we hope to regain progress on the Sustainable Development Goals—and improve people’s lives— we must improve water service delivery in ways that help countries better manage future crises and improve equitable access to water.
The pandemic has shown central bankers and public debt managers that innovation and creativity are needed to maintain borrowing opportunities and keep local currency bond markets functioning.
Small and medium-sized enterprises make up more than 96% of all Asian businesses. Their survival and resilience is essential for a green recovery.
We’ll need innovative solutions and new ways of thinking to bridge the financing gap and achieve the Sustainable Development Goals after the pandemic. SDG Accelerator Bonds could be a good start.
The pandemic provides an opportunity for Asia and the Pacific to undertake reforms that can make it more resilient.