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Following persistent and determined efforts, Africa has achieved a breakthrough in advancing the establishment of an African credit rating agency (ACRA), with the proposed launch scheduled for…

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In the Asia-Pacific region, due to urban sprawl and transport infrastructure characteristics, the distance from a location to a public transport node is often longer than the 500m mark to…

ESCAP Photo/Madan Regmi Blog

As cities in Asia and the Pacific continue to expand, the demand for transport services to accommodate commuters is increasingly challenging. Integration of public transport systems has emerged as a…

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When students from poor families in developing countries are offered places at prestigious universities, they are often faced with a tough choice. One option is to accept the offer and create more…

ESCAP Photo/Anant Jha Blog

Bhutan is one of two countries globally that maintains a carbon-neutral status and is the only country in the Asia-Pacific region that can claim this title. However, as the country recovers from the…

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While each Small Island Developing State (SIDS) has its own unique characteristics and circumstances, as remote island economies each share similar challenges and opportunities. They have limited…

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The Economic and Social Survey of Asia and the Pacific 2023 highlighted that 19 countries in the region are facing a high risk of debt distress.[1] While the public debt-to-GDP ratio is the most…

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More and more developing countries in the Asia-Pacific region are struggling under mounting public debt, making it difficult for them to invest in sustainable development.

External debt servicing…

iStockphoto/Cyano66 Op-ed

The unprecedented fiscal firepower used to protect the vulnerable from the harsh socio-economic impact of the COVID-19 pandemic and the resulting economic contraction have pushed the average…

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The recent climate talks in Egypt have left us with a sobering reality: The window for maintaining global warming to 1.5 degrees is closing fast and what is on the table currently is insufficient to…