Thailand: Growth in Jobs Critical for Sustained COVID-19 Recovery
Thailand’s economy was severely impacted by the COVID-19 pandemic and is estimated to have shrunk by 6.5 percent in 2020. Growth is projected to...
The World Needs to Wake Up to Long-Term Risks
For the last 15 years the World Economic Forum’s Global Risks Report has been warning the world about the dangers of pandemics. In 2020,...
Air travel down 60 per cent, as airline industry losses top $370 billion
A new report from the UN’s air transportation agency confirms there was a “dramatic” fall in international air travel due to COVID-19, of around...
Reskilling and Labour Migration Vital to the Pacific’s Economic Recovery
While the Pacific and Papua New Guinea (PNG) have avoided some of the worst health impacts of the COVID-19 pandemic, the closure of international...
Lao Economy Set to Recover if Threats Can Be Contained
While economic growth in the Lao PDR contracted in 2020 for the first time in over two decades, the economy is set to recover...
Turkey: A full recovery from the COVID-19 crisis will take time
The COVID-19 crisis has hit Turkey’s people and economy hard, accentuating pre-existing challenges such as the low share of workers in formal employment and...
Call for Closer Policy Collaboration on Artificial Intelligence
A recent APEC Business Advisory Council (ABAC) report revealed that artificial intelligence (AI) has a role to play in mitigating both the short and...
Global Economic Outlook 2021: Rebound will drive growth at record speed
The global economy is projected to grow in 2021 by around 5% in market exchange rates - the fastest rate recorded in the 21st...
Global Economy to Expand by 4% in 2021
The global economy is expected to expand 4% in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year. A recovery, however,...
Water Security a Top Priority in COVID-19 Recovery
Economies of Asia and the Pacific must put water security at the top of their agenda to recover from the fallout from the coronavirus...