Climate change is creating uncertainties for companies around the world. With the right policies, governments can help them to navigate tumultuous times and support green transformation.
Facing global supply chain challenges, the Indo-Pacific Economic Framework promotes economic cooperation among 14 economies, strengthening supply chain resilience, fostering innovation, and driving growth.
Persistent, high levels of nonperforming loans could undermine bank lending and economic recovery in Asia’s developing countries.
Profound impacts are already being felt due to school closures in Asia. Urgent action is needed to limit further damage to students and the broader economy.
Interest rate hikes in the United States would exert significant impacts on Asian economies through trade, exchange rates, and financial markets.
The massive Regional Comprehensive Economic Partnership (RCEP) agreement is expected to go into force in 2022. It could be instrumental in helping Asian economies bounce back from the pandemic.