COVID-19 has hit the entire globe at once, slowing investment in resilient infrastructure that will improve lives over the long term. Effective governance is critical to ensure infrastructure projects are well planned, funded, and implemented.
Bruno Carrasco leads ADB-wide knowledge, innovation, policies and strategies in all thematic and sector operation areas and ensures compliance with environment and social safeguards policies. He oversees the administration of trust funds and global funding initiatives and provides advice to Management on strategic and policy matters, work plans, and major operational matters. He joined ADB 23 years ago and has served in countries across all its regional departments. He holds a doctorate degree in economics from the University of Essex.
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Researchers are finding new uses for artificial intelligence and machine learning during the pandemic, but they are not a silver bullet.
Collecting taxes more efficiently allows countries to improve their balance sheets after the pandemic while promoting business investment and sustainable economic growth.
Creating a bankable project is not enough to automatically mobilize financing.
Let’s make housing finance accessible to middle- and low-income households that are part of the informal economy.
ADB research on how to strengthen India’s fiscal rules yields multiple recommendations for other countries in developing Asia.
Sri Lanka is an excellent example of how it makes good economic sense for the public sector to drive private sector development in Asia and the Pacific.
As Asia and the Pacific comes out of the crisis with significantly larger public debts, their infrastructure investments will need to be efficient, affordable, and sustainable.
To respond to the challenges of the pandemic and deliver services effectively, a professional civil service needs to build the values, culture and skills required to respond to complex demands and challenges.