Economic Development

State of the Climate in Asia 2024

The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …

Mongolia’s Economic Prospects: Resource-Rich and Landlocked Between Two Giants

Mongolia can build a more inclusive and sustainable economy by improving macroeconomic management, strengthening human development, increasing international trade, and diversifying the economy by building on the country’s existing knowledge and expertise, including in the mining sector, says a new Asian Development Bank (ADB) Country Diagnostic Study. The study, Mongolia’s …

Post-COVID recovery: An agenda for resilience, development and equality

The International Renewable Energy Agency (IRENA) has released a new policy report that provides governments with a set of recommendations to align immediate economic recovery efforts with long-term objectives of the Paris Agreement and the UN Sustainable Development Agenda. Post-COVID Recovery: An Agenda for Resilience, Development and Equality shows how …

Exploring Blockchain Technology for Government Transparency: Blockchain-Based Public Procurement to Reduce Corruption

In partnership with the Inter-American Development Bank (IDB) and the Office of the Inspector General of Colombia (Procuraduría General de Colombia), the Forum has led a multistakeholder team to investigate, design and trial the use of blockchain technology for corruption-prone government processes, anchored in the use case of public procurement. …

Beyond 'Business as Usual': Biodiversity Targets and Finance

Biodiversity underpins all economic activities through the provision of a range of ecosystem services, and it is experiencing dangerous and unprecedented declines due to the current model of economic development. The world’s ecosystems have declined in size and condition by 47% globally compared to estimated baselines, and the continued degradation …

WHO Manifesto for a healthy recovery from COVID-19

WHO Director-General Dr Tedros Adhanom Ghebreyesus. Address to the 73rd World Health Assembly. May 18th 2020. What we have learned from COVID-19 is the greatest global shock in decades. Hundreds of thousands of lives have been lost, and the world’s economy likely faces the worst recession since the 1930s. The …

Africa Regional Integration Index Report 2019

The 2019 Africa Regional Integration Index (ARII) assesses the regional integration status and efforts of countries that are members of the eight regional economic communities recognised by the African Union. It compares each country to the other countries in its regional economic community and to the countries of Africa as …

Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19

Presentation of details of 5th Tranche announced by Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman under Aatmanirbhar Bharat Abhiyaan to support Indian economy in fight against COVID-19. Rs 40,000 crores increase in allocation for MGNREGS to provide employment boost. Public Expenditure on Health will be increased. Investments in …

Inequality and growth impacts from climate change - insights from South Africa

The impact of climate change on economic growth has received considerable attention in recent years based on several macro-econometric studies estimating the impact of country-level temperatures on GDP growth rates. We build on this literature, but instead of per-capita GDP, we consider inequality and poverty at the country and sub-national …

Social Dialogue And The Future Of Work

Social dialogue has been long employed as a tool in the governance of work, with the objective of delivering sustainable economic growth, social justice and the kind of high-trust work relations that are not only valuable in themselves, but that can also improve business performance and increase workers’ share in …

Republic of Malawi: Rural Livelihoods Economic Enhancement Programme

The Rural Livelihoods and Economic Empowerment Programme (RLEEP) has laid a good foundation for pro-poor value chain development. Small-scale farmers have increased their awareness that farming is a business. A number of useful partnerships were built and promising initiatives started. This includes the Farm Radio Trust, which was highly effective …

MPFD Working Paper on A Review of Access to Finance by Micro, Small and Medium Enterprises and Digital Financial Services in Selected Asia-Pacific Least Developed …

Micro, Small and Medium Enterprises (MSMEs) are key to the economies of various countries. Their numbers and contribution towards employment is well documented and there is acceptance amongst policy makers that these enterprises are critical for economic development. Increasingly, access to finance has been recognised as a major hurdle in …

Uganda: Impact Assessment of the Small and Medium Agribusiness Development Fund (SMADF)

This baseline report was undertaken as part of the impact assessment of the Yield Uganda Investment Fund (YUIF), a EUR 20 million impact fund that provides targeted financing to small and medium agribusinesses (SMAs) in Uganda to help them overcome barriers to accessing capital. The Fund was established by the …

Kerala Calling

Four years of Effective governance is no mean achievement. Fulfilled promises and futuristic projects are the hall mark of this Government. Near-perfect taming of a global threat like Covid-19 menace is something more than an achievement. More effective plans are there on the anvil… On May 25th, our government will …

COVID-19: Towards an inclusive, resilient and green recovery —building back better through regional cooperation

The COVID-19 crisis has caused untold disruption to lives and economies. As the current patterns of globalization are being questioned, the regional level will become vital in dealing with crossborder problems. It is at this level that reconnecting economies, reversing the disruption of trade and transport links, and addressing transboundary …

The Global Pandemic, Sustainable Economic Recovery, And International taxation

The global pandemic has led to major structural increases in public expenditure to support health, incomes and employment. The question of who will ultimately foot the bill will need to be answered, but the economic burden must not fall disproportionately on disadvantaged groups and countries. Reductions in corporation tax ‘to …

Sustainable Port Development and Improving Port Productivity in ESCAP Member Countries

From an economic and environmental point of view, sustainable port development is a very important issue not only for the government as port management agencies but also for port authorities and terminal operators. It is important to harmonize the roles and functions of individual ports with Sustainable Development Goals (SDGs) …

COVID-19: Action In The Global Garment Industry

COVID-19: Action in the Global Garment Industry aims to catalyse action from across the global garment industry to support manufacturers to survive the economic disruption caused by the COVID-19 pandemic and to protect garment workers’ income, health and employment. This global action also calls for work on sustainable systems of …

Africa's Pulse, No. 21, Spring 2020 : An Analysis of Issues Shaping Africa’s Economic Future

The COVID-19 pandemic has taken a toll on human life and brought major disruption to economic activity across the world. Despite a late arrival, the COVID-19 virus has spread rapidly across Sub-Saharan Africa in recent weeks. Economic growth in Sub-Saharan Africa is projected to decline from 2.4 percent in 2019 …

Economic and Social Survey of Asia and the Pacific 2020: Towards sustainable economies

Decades of high economic growth in the Asia-Pacific region have transformed its socioeconomic landscape – lifting a billion people out of extreme poverty in the past two decades and raising living standards of even greater numbers. However, such growth has been accompanied by growing inequality of income and opportunity and …

The COVID-19 Crisis: Accentuating the Need to Bridge Digital Divides

The spread of the latest strain of coronavirus (COVID-19) is disrupting economic and social life in multiple ways and dimensions. This crisis is unfolding at a time characterized by rapid digitilization, which is helping in the decision making process regarding response and adaptations to the situation by governments, business and …

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