The pandemic laid bare the fragility of global supply chains and the need to increase access to trade finance to spur economic growth and create jobs.
Kijin works on trade and financial integration within the context of regional cooperation and integration. Before joining ADB, he was a research fellow of the Regional Economics Applications Laboratory at the University of Illinois, where he received his PhD in Economics. From 2004 to 2010, he worked as an economist at the Bank of Korea.
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As the pandemic continues to affect global trade, governments need to take measures now to be better prepared for future disruptions.
Ensuring equitable access to vaccines is crucial for developing countries in Asia to reopen their economies and recover. Well-designed policies will speed the rebound of Asian economies and have impacts that span the globe.
Ази тивийн хөгжиж буй орнуудын хувьд эдийн засгаа сэргээж, зах зээлээ нээхийн тулд вакциныг тэгш хүртээмжтэйгээр нэвтрүүлэх нь нэн чухал болоод байна. Вакцинжуулалтын бодлогыг оновчтой боловсруулснаар Азийн эдийн засгийн сэргэлтийг түргэсгэж, дэлхий дахинд эерэг өөрчлөлтийг авчирч чадна.
Strong remittance inflows should be used as an opportunity to strengthen the systems that help overseas workers and their families back at home.
The COVID-19 crisis should be used as an opportunity for developing economies to implement reforms that help ensure food security
The production processes and supply chains that feed into the production of masks, gloves and other personal protective equipment must be secured.
Digital or financial technology – including mobile internet access, blockchain, artificial intelligence, and big data – can make international trade more efficient and support financing options.