ADB economists Irfan A. Qureshi and Matteo Lanzafame answer questions about the ability of Asia’s economies to bounce back from the pandemic, and how governments should respond to new global economic headwinds.
The pandemic threatens to reverse recent progress on gender equality. Making women central to pandemic recovery efforts will help the region to build back better. Here are answers to some of the key questions.
International labor migration is an important driver of development in Asia. To support it after the pandemic, policies are needed that are not just reactive but integrated into national development strategies.
The threat of automation taking away jobs due to new and emerging technologies has faded from public discussion lately, but COVID-19 might be speeding up the process in an 'organic way.'
School reopening should be done on a risk-based approach – with situations closely monitored, particularly for the effect of COVID-19 variants – and school closure be used as a last resort.
Government assistance programs, and relaxed insolvency procedures, have helped keep businesses afloat during the pandemic.
Central Asia has the opportunity to create a sustainable, safe, easily accessible, and well-known tourism destination that provides a variety of year-round, quality experiences.
The pandemic has highlighted the shortcomings of the globalized supply chain model.
An analysis of global responses to the virus indicate that expanding the capacity to test, trace, and isolate potential carriers is effective, as is the expansion of paid sick leave benefits.
With millions of confirmed COVID-19 infections worldwide and hundreds of thousands of deaths, the search for solutions to end the impacts of COVID-19 is overpowering. Finding a safe and effective vaccine is one crucial answer to the crisis. But there is more to it.