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Photo credit: iStockphoto/RomoloTavani Blog

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 by Unsplash/Irina Shishkina Blog

2022 started with an abnormally warm January for North and Central Asia, followed by civil unrest, and the lingering impacts of COVID-19. How the year ahead would look like is still fraught with…

Op-ed

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,…

Photo credit: Adobe Stock/Gajus Blog

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,…

Photo credit: istockphoto/tampatra Blog

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,…

Shutterstock / Chubykin Arkady Blog

Civilizations in North and Central Asia have ebbed and flowed, along with the river basins that feed and nurture them. Water has always been a key source of livelihood in this subregion, given that…

Shutterstock / Curioso.Photography Blog

In recent years, countries in North and Central Asia have put in place measures to ensure the rights of migrant workers, recognizing their significant contribution to both home and recipient…

Pixabay/Sasin Tipchai Blog

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…

iStock-929499172 Blog

Fiscal policy – the use of government spending and taxation – is a prominent policy tool for national development. Since the 1980s, its role somewhat diminished as laissez-faire, an approach of…