Search

Regional financial cooperation has strengthened Asian economies and made them more resilient, but attention toward this important work has waned in recent years.

Among the lessons: Make inclusive investments in education, sanitation, and health in order to avoid enclaves of rich and poor.

Policy challenges include the shift in financial intermediation away from traditional banks toward digital finance providers.

Enable small and medium-sized enterprises to become part of global value chains to revive economies and promote inclusive growth after COVID-19.

Design projects with high economic impact and share dividends with investors and communities through hometown investment funds, land trusts, and other instruments.

One way to reduce poverty in developing countries is to make it cheaper and easier for migrant workers to send money home.

Patent and public procurement systems can help promote productivity-led growth by improving technology diffusion and supporting innovative solutions.

Bucking the digital trend, the appetite for cash is driven by such factors as opportunity cost, precautionary motives, aging, and demand from abroad.

Combining materials processed in a single treatment plant offers cost savings and private sector opportunities in sanitation services.

Policy responses to population aging should promote economic growth, higher productivity, and higher income for workers.