The pandemic has underscored the importance of trade facilitation within South Asia and with the region’s neighbors.
Governments in Central and West Asia must commit to reforms and get them right, or face a downward spiral. The costs of the crisis are already obvious in rising deficits and debt. There is no room for complacency.
The pandemic is changing consumer behavior and expectations in the Pacific, particularly when it comes to using digital tools for financial transactions.
The pandemic provides an opportunity for regional financial cooperation on reforms to make Asian banks more resilient to crises.
Hunger and malnutrition were an increasing problem worldwide before the pandemic. Restrictions imposed to curb disease spread have disrupted local and international food supply chains, making the problem even more urgent.
In Sri Lanka, an effort to match education with the skills needed in the workplace provides valuable lessons for the future of work.
The pandemic has created an unprecedented crisis for overseas workers and the remittances they send home. But with the right actions by governments, it could also be a chance for long-term change.
The pandemic reinforces the need for reliable energy services to support healthcare. Clean, renewable power is a good place to start.
The pandemic has worsened inequality on many fronts. Pro-active macroeconomic policy combined with labor retraining programs and increased social protection are needed.
The COVID-19 pandemic has increased the importance of ensuring that the poorest and most vulnerable people have access to formal financial services, given their role in supporting inclusive economic recovery and resilience.