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East Asia and Pacific Growth Expected to Moderate as Global Headwinds Persist

Growth in developing East Asia and the Pacific (EAP) is projected to soften to 6.0 percent in 2019 and 2020, down from 6.3 percent in...

Peru should help more young vulnerable people into work

Peru’s remarkable economic growth since the 2000s and policies targeting the most vulnerable young people have helped boost the youth employment rate. Peru should now focus...

New safety and health issues emerge as work changes

Changes in working practices, demographics, technology and the environment are creating new occupational safety and health (OSH) concerns, according to a new report from the International Labour...

China needs further reforms to make growth sustainable, greener and more inclusive

The Chinese economy continues to slow as it rebalances, with headwinds including trade frictions and the weakening global economy undermining exports and creating new uncertainties. Policy...

Bhutan’s Economy to Moderately Grow in 2019 and 2020 on Strong Hydropower and Tourism Outlooks

Economic growth in Bhutan is forecast to strengthen moderately, buoyed by the industry and services sectors, according to a new Asian Development Bank (ADB) report. The Asian Development...

SMEs turning to alternative financing instruments as growth slows in bank lending

Small and medium-sized enterprises (SMEs) are turning to non-bank financing sources at a faster pace than in the past, as bank lending to them has risen...

Further reforms in Japan needed to meet the challenges of population ageing and high public debt

The Japanese economy is undergoing the longest expansion in its post-war history, marked by strong job creation and business investment. Government policy must overcome the intertwined...

Only 19 Percent of Business Leaders Say They Are Ready to Lead the Social Enterprise

Amid rapid technological, economic and social change, it is important for organizations to move beyond mission statements and social impact programs to put humans at the...

Kenya’s Economic Outlook Remains Stable Amid Threats of Drought in 2019

Kenya’s real gross domestic product is projected to grow by 5.7% in 2019, a slight decrease from the estimated 5.8% growth experienced in 2018, according to...

Deep Electrification Powered by Renewables Key for a Climate-Safe Future

As the urgency to take bold climate action grows, new analysis by the International Renewable Energy Agency (IRENA) finds that scaling-up renewable energy combined with electrification...

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