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ESCAP / Daphna Beerdsen Blog

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–…

Shutterstock / Khongtham Blog

The destruction caused by natural disasters, which is becoming more frequent and severe due to climate change, is graphic and frightening. However, there is a significant impact on the financial…

Unsplash / Victor He Blog

The global outbreak of the COVID-19 pandemic is causing severe hardship to millions of people from Beijing to Bangkok, Dhaka to Da Nang, Kolkata to Karachi: leaving no place and community untouched.

Unsplash / Bill Oxford Blog

On the frontlines of the battle to contain the public health and economic fallouts of the global COVID-19 pandemic, the Asia-Pacific region faces crucial policy choices as it tries to balance short…

Pixabay/Sasin Tipchai Blog

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…

UN Photo/ Kibae Park Blog

Is the current economic growth ‘purposeful”? And how do we define ‘purposefulness’?

While this may seem a profound philosophical query, there is no questioning that growth that undermines…

Image by Republic of Korea CC 2.0 via Flickr https://flic.kr/p/pe7ixf Blog

Do people cheat because they can get away with it or because they feel that the rules are unfair? My recent paper examines this question in the context of tax evasion.

Unable or unwilling to cheat…

Blog

On the road to sustainable development, Sri Lanka provides an interesting case study. Having overcome a three-decade domestic conflict, Sri Lanka has begun its transformation towards a sustainable…

Blog

The Asia-Pacific region is at a crossroads. The traditional export-oriented, manufacturing-driven growth is facing headwinds from sluggish external demand and rising protectionist trade measures. New…

ESCAP Photo/ Kibae Park Blog

Asia and the Pacific is lauded globally for its rapid economic growth over recent decades and has lifted 1.1 billion people out of extreme poverty since 1990. Nevertheless, the region continues to…