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Expert Opinions & Stories
High prices of essential goods and services have become a pressing issue for the poor and vulnerable in Asia and the Pacific despite decent economic growth and declining inflationary trends so far in…
Economic prospects in Asia and the Pacific – celebrate resilience, prepare for headwinds
Economic performance in Asia and the Pacific has proved to be quite resilient to the shocks of the past few years – the COVID-19 pandemic, the ongoing wars in Ukraine and Gaza, and the cost-of-living…
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…
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…
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…
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…
After two years of human devastation, the world is learning to live with COVID-19 while trying to balance the protection of public health and livelihoods.
For countries in Asia and the Pacific,…
Emerging from the shock of the COVID-19 pandemic, the global economy has been shaken yet again, this time by geopolitical events that threaten to set back the nascent post-COVID-19 economic recovery,…
We, not me: building a fairer future
Even as Asia and the Pacific continues to be the fastest growing region in the world, economic growth has been slowing since the 2008 global financial crisis. Add the COVID-19 pandemic to the mix,…
Time to leverage fintech in remittances
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…
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…
An economics for people and planet
Economics is supposedly a hard-nosed academic profession, focused on understanding the mechanisms by which material wealth is created and enlarged to meet ever-growing demand. For a long time, the…
Asia’s Landlocked: Tackling Development Challenges through Structural Transformation and Trade
Structural economic transformation and the expansion of international trade are among the most pressing issues to be addressed, if Asia’s landlocked developing countries (LLDCs) are to overcome the…
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…