Economic corridors have the potential to bridge infrastructure gaps, foster industrial growth, and promote economic diversification, playing a pivotal role in propelling Asia towards a more inclusive and sustainable growth trajectory.
Asia’s vast global diaspora – which includes many skilled, highly educated and prosperous people – is a strong potential source of financing for the region’s infrastructure and other development needs.
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 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.
Data-driven decision making can be a powerful tool in the world of international development but it requires careful planning and management.
Mutual recognition arrangements can help ASEAN stop the brain drain, and remain globally competitive.
The future of the AEC depends on ASEAN member states making economic and labor market conditions more conducive for foreign workers.