Wellness provides a more balanced and holistic view of a country’s development than its per capita gross domestic product. A new tool is helping policymakers measure wellness in society.
The pandemic represents a severe challenge for policymakers in Asia. They need a response that will help economies achieve a more efficient and fairer allocation of resources in the economy, enhancing productivity, economic growth and employment.
疫情给亚洲国家和地区的政策制定者提出了挑战。虽然经济复苏的形态尚不明朗，但政府和货币政策主管机关制定的积极政策可以推动经济复苏。
The pandemic is challenging policymakers across Asia. The shape of the economic recovery is uncertain but pro-active government and central bank policies can improve outcomes.
Policies that promote wellness can help Asians navigate the uncertain, stressful COVID-19 world and achieve a better post-pandemic lifestyle.
Asian economies must strengthen their regulatory frameworks, and invest in digital networks and infrastructure, to support contactless payment systems.
Families throughout Asia and the Pacific rely on money sent by relatives overseas. These remittances are threatened by the pandemic but policy actions can help.
The right policies can bring a new golden age of innovation for developing countries in Asia.
A high level of external debt is linked with decreased economic growth but there are policy options that can help economies keep growing.
A rules-based approach to monetary policy needs to be part of any discussion involving central bank policy.
