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Photo credit: iStockphoto/Metamorworks Blog

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…

Photo: ESCAP/Madan Regmi Blog

The Asia-Pacific region is experiencing a rapid increase in demand for passenger transport driven by high population and economic growth rates. While the crucial role of transport for economic and…

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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…

Photo credit: ESCAP/ Chanju Lee Blog

With a population of around 4.9 billion people, the Asia-Pacific region is home to 63 per cent of the world’s inhabitants. As of 2021, the region accounts for around 37 per cent of global GDP (USD 35…

Photo credit: iStock/narvikk Op-ed

The emergence of middle-income developing countries willing to share their knowledge, expertise and resources through their own assistance programs offers new opportunities for partnerships and…