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 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…

The summer of 2024 has shattered heat records, starkly illustrating the harsh realities of our warming planet. In India alone, the heatwave has claimed over 100 lives and caused more than 40,000…

Scientific assessments reveal that the Third Pole (TP), encompassing the vast glaciated mountain systems of Asia, is warming at an alarming rate of over 0.3 ºC per decade, surpassing the global…

Stories of growing vulnerability make regular headlines across all Asian and Pacific small island developing States (SIDS). With tens of thousands of people displaced every year due to climate and…

The ESCAP Asia-Pacific SDG Progress Report 2024 flagged the region’s regression on SDG 13, climate action. To reverse this trend, it is imperative that both mitigation and adaptation go hand in hand…

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…

Between 1970 and 2022, disaster events in Asia and the Pacific caused 2.04 million deaths and $2.71 trillion in economic damages. ESCAP estimates that among these totals, tsunamis rank as the third…

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…

Multiple earthquakes, the strongest being of 7.7 magnitude, struck southern Türkiye and northern Syria on 6 February 2023. The earthquake was extremely powerful, and more deadly because it…

Asia and the Pacific is the most digitally divided region of the world, and South-East Asia is the most divided subregion. The Covid-19 pandemic detonated a “digital big bang” that spurred people,…

The Asia-Pacific region is at a crossroads today – to further breakdown or breakthrough to a greener, better, safer future.

Since the Economic and Social Commission for Asia and the Pacific (ESCAP…

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,…

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,…

“Act decisively and early to prevent the further spread or quickly suppress the transmission of COVID-19 and save lives” is the first strategic objective of the UN framework on responding to the…

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…

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…