This publication highlights new sector and thematic directions, operational opportunities, and technology and policy innovations for expanding and deepening regional cooperation and integration in Asia and the Pacific.

macroeconomic uncertainty; euro area; Bayesian VARs; COVID-19

This brief looks at how projects to build entrepreneurial capacity and improve access to finance and equipment can strengthen the resilience of Mongolia’s micro, small, and medium-sized enterprises (MSMEs).

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Focusing on Pacific economies, this 2023 edition shows how micro, small, and medium-sized enterprises (MSMEs) helped spur a robust recovery from the pandemic and why supporting their development is key to driving sustainable, inclusive growth.

Bhutan’s schools maintained their relatively strong performance during the pandemic as access to remote learning, the opening of boarding facilities, and moves to prioritize education for secondary school pupils prevented performance gaps widening.

This edition shows how a modest improvement in economic fundamentals has buoyed East Asia’s local currency bond (LCY) markets, but potential renewed increases in inflation and further interest rate hikes could pose risks for the region’s borrowers.

COVID-19; poverty; inequality; earnings; India

Child poverty; COVID-19; Pandemic; Scarring; European Union; Labor policy; Social protection; Childcare; Barcelona Objectives; European Child Guarantee.

As fast-evolving education technology (EdTech) revolutionizes learning, this report examines the evidence for effective digital learning, the key interventions and innovations in education technology, and how best to implement effective digital transformation initiatives in the education sector.

This edition presents recent developments in emerging East Asian local currency bond markets and features a special section about how increased climate risk awareness can influence investors’ trading decisions.

Exports from developing Asia weakened in the first quarter of 2023 as global demand slowed. However, consumption and investment are forecast to boost aggregate regional growth to 4.8% in 2023, as earlier forecast, with the projection for 2024 revised down only marginally to 4.7%.

Exports from developing Asia weakened in the first quarter of 2023 as global demand slowed. However, consumption and investment are forecast to boost aggregate regional growth to 4.8% in 2023, as earlier forecast, with the projection for 2024 revised down only marginally to 4.7%.

COVID-19; developing economies; externality; working from home

The integration of the Graduation Approach in resettlement planning and implementation under the Tamil Nadu Inclusive, Resilient, and Sustainable Housing for Urban Poor Sector Project presents a unique model for large-scale resettlement.

This edition notes slowing growth in the last quarter of 2022 in emerging East Asia’s local currency (LCY) bond market, though aggregate issuance of LCY bonds by these economies reached a record high in 2022.

This brief recommends reforms to increase potential GDP growth. These include improving the allocation of capital and credit in the economy, increasing the quality of education, and introducing policy measures to mitigate the adverse impact of demographic aging on the labor force and to lift total factor productivity.

This brief explores how data from the Automatic Identification System (AIS) for maritime traffic could help monitor and analyze trade flows, port performance, and shipping emissions, among many potential uses.

This policy note provides suggestions to help increase youth employment in the PRC following the pandemic, including retooling the education system to meet demand for skills in the “new economy”, expanding the labor capacity of the service sector, and developing labor markets in rural areas.

This publication reviews the financial performance of state-owned enterprises (SOEs) in nine Pacific island economies and looks at how policy makers can help state-owned power utilities address climate risk.

The present report provides information on the region’s progress in each of the 17 SDGs and their 169 target and related indicators, and highlights where the region now stands in relation to 2030, with a 2015 baseline. It stresses the importance of data availability and its impact on planning processes. It also presents key messages under each Goal.

credit guarantee programs; fair-value basis; COVID-19; fiscal risks

COVID-19, policy packages, policy effectiveness, bank lending

In the aftermath of the global financial crisis (2008–2009), the external financing needs of Latin America and the Caribbean increased significantly, reflecting a process of external debt accumulation in all developing regions, exacerbated by the impacts of COVID-19. The region is now the most indebted in the developing world, with a debt profile that makes it highly vulnerable to changes in international lending conditions and to perceptions of risk. This has placed a major constraint on government responses to the COVID-19 emergency and undermines their capacity to build forward better. This document considers two proposals to address these challenges: (i) expand and redistribute liquidity from developed to developing countries through innovative uses of SDRs; and (ii) expand the set of innovative instruments to increase debt repayment capacity and avoid over-indebtedness.

This report shows how smart trade and investment policies, and regulatory cooperation in the Asia and Pacific region can help economies tackle climate change, recover from the pandemic, and support resilient and sustainable development.

This report analyzes how the pandemic has impacted investment in infrastructure in Southeast Asia and assesses how infrastructure development can help drive economic recovery and support sustainable growth.

This South Asia Working Paper explores the benefits and trade-offs of harnessing private sector health services as governments look to build more resilient, accessible, and affordable health systems and support the post-pandemic recovery.