Services trade restrictions increased in 2020, compounding COVID-19 economic shock

The global regulatory environment for services trade became more restrictive in 2020, with new barriers compounding the shock of the COVID-19 pandemic on exporters,...

Winter 2021 Economic Forecast: A challenging winter, but light at the end of the tunnel

Europe remains in the grip of the coronavirus pandemic. The resurgence in the number of cases, together with the appearance of new, more contagious...

APEC Sees Softer Contraction in 2020, Uneven Recovery in 2021-2022

A new updated report by the APEC Policy Support Unit finds that the rebound in economic activity in the second half of 2020 and...

Road Crashes in India Increase Household Poverty and Debt

More than 75 percent of poor households in India reported a decline in their income as a result of a road traffic crash. The...

Leveraging Digital Technologies Key to Asia’s COVID-19 Recovery

Digital platforms and other technology-based tools are providing new growth opportunities for businesses of all sizes and across all industries in Asia and the...

East Asian countries led economic recovery in last quarter of 2020

Without the resilience of the economies of East Asia and the Pacific, there would have been no global trade recovery at the end of...

Better use of energy taxes could strengthen developing country finances

Developing countries could raise much-needed public revenues, while cutting emissions and air pollution, by making better use of energy taxes and reducing energy subsidies,...

Food systems face a daunting triple challenge

Food systems face the triple challenge of providing food security and nutrition for a growing global population, and livelihoods to farmers and others working...

US Advanced Air Mobility Market Could Reach $115B by 2035

The market for advanced air mobility (AAM) in the United States is estimated to reach $115 billion annually by 2035, potentially creating more than...

Bulgaria: Reforms would strengthen the recovery from COVID-19

The COVID-19 pandemic hit Bulgaria as its economy was performing well. Along with continued support to help households and firms weather the crisis, reforms...

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