This paper evaluates the impact of the RCEP on global and regional incomes, trade, economic structure, factor returns, and employment.
The ADB Brief finds that the trade finance gap has grown, with more companies unable to find the financing they need to trade their goods. This may have exacerbated the sharp drop-off in trade during the pandemic and will make a recovery more difficult. Read more.
This report reviews the impact of trade facilitation initiatives in Asia and the Pacific since the coronavirus disease (COVID-19) pandemic began and discusses how to increase supply chain resilience.
Developing Asia is estimated to have fended off the scarring impact of investment decline relatively well during the pandemic compared to other developing regions such as Latin America and Africa.
Migration in the Asia-Pacific region is diverse and enduring. It cannot be handled by one country alone. Regional cooperation is needed.
Regional or international agreements on vaccine passes are still lacking. Current travel bubbles between places with low COVID-19 risks are rare and fragile.