Expert Opinions & Stories

Extraordinary times calls for extraordinary measures. The COVID-19 pandemic has required countries to deploy large spending for emergency health response and relief measures for households and firms…

“We have to learn from COVID… We can’t wish away systemic risk. It’s much much cheaper, much more effective to invest upfront in order to avoid disaster and so it is with climate change – a crisis…

The current COVID-19 crisis has shown that governments can act quickly and decisively if needed and collaborate to work collectively. So, why are governments not acting as quickly and decisively in…

The year 2020 has witnessed an unprecedented COVID-19 crisis where many human lives have been lost. We have also witnessed the tremendous magnitude and speed of collapse in economic activity–…

For the first time in history, remittances are expected to become the largest source of external financing for low- and middle-income countries worldwide. Remittances are expected to reach $550…

Fiscal policy – the use of government spending and taxation – is a prominent policy tool for national development. Since the 1980s, its role somewhat diminished as laissez-faire, an approach of…

Four years after the global leaders came together to commit to the 17 Sustainable Development Goals (SDGs) to end poverty, fight inequalities, tackle climate change, and ensure that no one is left…

Less than a dollar per person per day. That is all it will cost developing countries in Asia and the Pacific to realize their ambitions for an inclusive and sustainable future, according to a study…

Infrastructure development is undoubtedly critical for a country’s long-term economic growth and competitiveness as it impacts economic activities by increasing productivity, facilitating trade, and…