Covid-19 highlights Asian banks’ vulnerability to US dollar debt
The pandemic provides an opportunity for regional financial cooperation on reforms to make Asian banks more resilient to crises.
The pandemic provides an opportunity for regional financial cooperation on reforms to make Asian banks more resilient to crises.
The Covid-19 pandemic could be an opportunity to take a more holistic approach to health and well-being, invest in health systems and in resilient supply chains.
Covid-19 is uncharted territory but development professionals bring a wealth of experience from past crises to rebuild lives, livelihoods, and economies.
According to ADB estimates, the global impact of Covid-19 will range from US$77 billion to US$347 billion in lost output.
In the medium term ADB will need to work with its member countries and private sector to reduce the likelihood of future pandemics and respond effectively when they (inevitably) occur.
How policy makers respond now will be crucial in avoiding this worst-case scenario, and deciding whether the recovery path will be V, U, or L-shaped.
Fitch Solutions predicted power consumption in Vietnam to grow by an annual average of 6.5% between 2020 and 2029, which still remains one of the fastest growth rates in Asia.
Southeast Asian governments invest more as a share of total government expenditures than member countries of the OECD. Much of that spending goes for infrastructure.
No one should be left offline in the digital economy.
If the budget is key, Hanoi is a must-see in Asia offering the best value.