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...
China’s Economic Recovery Picks Up but Risks Remain- Report
Following a sharp decline in the first quarter of 2020, economic activity in China has normalized faster than expected, aided by an effective pandemic-control...
Thailand: Higher productivity in manufacturing key to becoming high-income country
Higher productivity growth in Thailand will be a key source of stronger economic growth and better competitiveness, according to the Thailand Manufacturing Firm Productivity...
Indonesia: Support for Public Health and Affected Households for a Secure Recovery
Indonesia will finish 2020 experiencing its first recession in two decades, but signs of recovery are increasing, driven by a pick-up in consumption and...
In battling COVID-19, countries shouldn’t lose sight of sustainable development
COVID-19 is threatening to plunge millions of people into poverty and worsen global hunger, undermining the long-running push for sustainable development, warns a new...
COVID-19 is a threat to peacebuilding in conflict-affected nations
The ongoing COVID-19 crisis uniquely complicates peace and reconstruction efforts in conflict-affected countries, jeopardizing public health responses and threatening peacebuilding efforts.A joint report co-authored...
Russia’s Economy Loses Momentum Amid COVID-19 Resurgence
The Russian economy contracted in quarter 2 by 8 percent and quarter 3 by 3.4 percent. This negative momentum is expected to continue in...