COVID-19 is Boosting Inequality but Government Policies can Help
The pandemic has worsened inequality on many fronts. Pro-active macroeconomic policy combined with labor retraining programs and increased social protection are needed.
COVID-19: How Quickly Can Asia Bounce Back?
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.
Does a Healthy Economy Equate with a Healthy and Happy Population?
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.
Factories or Call Centers? Asia Charts its Development Path
Asia’s industries, primarily manufacturing, fueled phenomenal economic growth and poverty reduction in recent decades. But today many countries are looking to the service sector as an alternative.
Five Steps for Countries to Become Innovation Leaders
The right policies can bring a new golden age of innovation for developing countries in Asia.
How the COVID-19 Crisis Can Spur Economic Transformation
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.
In Asia, Education is Key to Maintaining an Edge in Innovation
Compared to Latin America and other regions, Asia scores high on innovation. The reasons are complex but education is fundamental to the process.
Money Rules
A rules-based approach to monetary policy needs to be part of any discussion involving central bank policy.
Plugging Into Contactless Payment in Post-COVID Asia
Asian economies must strengthen their regulatory frameworks, and invest in digital networks and infrastructure, to support contactless payment systems.
Protecting the Remittance Lifeline from COVID-19’s Economic Fallout
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.