COVID-19 is a wake-up call for the world. The pandemic has brought some of the worst economic impacts since World War II. While some Eastern countries seem much better prepared than their Western peers in […]
A public health crisis like the COVID-19 pandemic destroys economic growth and pushes millions into poverty. Without policy interventions, it will also worsen income inequality. As of June 16, 2020, there have been more than […]
Identified by The World Bank (WB) as among the top three fastest growing economies in East Asia in 2019, Vietnam’s economy last year again demonstrated its resilience in the face of a falling Manufacturing Purchasing […]
For the past 50 years the Asian Development Bank (ADB) has been tracking and helping to improve the prosperity, inclusiveness, and sustainable livelihoods for inhabitants of the Asia-Pacific region. Its latest annual statistical report, Key […]
Laos is one of the fastest growing economies in Southeast Asia (SEA). On average the country’s economy as measured by GDP has grown by 7.5 per cent per year and trade by 17 per cent […]
Indonesia has achieved almost 20 years of continuous economic growth. It navigated the 2008 global financial crisis with little difficulty, and effectively weathered the emerging market volatilities of 2018. It has also adjusted to the […]
The Philippines government spending on infrastructure may have hit 6.2 per cent of the country’s economy in 2018, a continuation of the fast-tracked spending under President Rodrigo Duterte’s ambitious “Build, Build, Build” programme. Budget Secretary […]
Despite some appearances to the contrary, things in Cambodia are looking pretty rosy… at least according to the World Bank. In its latest revision of world economies the Bank raised Cambodia’s status from a low-income […]