Expert Opinions & Stories

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…

Several Asia-Pacific countries are ageing fast. This transition is neither unique nor limited to the region - it is a global megatrend. However, this time it is different. Why? Because ageing…

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…

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…

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…

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…

Drought is a slow-onset disaster that causes significant damage to the environment.  Unlike most other natural hazards, the effects of drought often accumulate slowly over an extended period…

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…

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,…

In theory, the pandemic created an opportunity for policymakers to recalibrate existing policies and develop new, innovative strategies to mobilize financial resources and drive a green, inclusive,…

Over the past two decades, the Asia-Pacific region has made remarkable progress in managing disaster risk. But countries can never let down their guard. The COVID-19 pandemic, with its epicentre now…

From May 12-19, in the midst of the devastating second wave of the pandemic, the powerful Cyclone Tauktae struck India’s west coast and killed more than 100 people. This was the deadliest cyclone in…

In recent weeks, India’s second COVID-19 wave has been devastating, reaching world records for the total numbers of cases and deaths and overwhelming the healthcare system. On 8 May, India, for the…

Economic and non-economic shocks such as financial crises, natural disasters, and pandemics leave behind permanent scars in economies and societies and result in major setbacks to development gains…

The world is emerging from the biggest social and economic shock in living memory, but it will be a long time before the deep scars of the COVID-19 pandemic on human well-being fully heal.

In the…

In 2020, Asia-Pacific saw the collision of climate extremes and COVID-19 transmission create cascading disasters with wide-ranging impacts on sectors, economies, and populations.

The year…

Science Technology and Innovation (STI) has been at the forefront of the fight against the COVID-19 pandemic. From enhancing our understanding of virus transmission pathways and the complexity of…