This issue of the Pacific Economic Monitor provides insights on experiences and lessons of Pacific island countries in striking a delicate balance between health and economic concerns. It also outlines ADB’s new development strategy to help the region address the impacts of the coronavirus disease (COVID-19).
Asia continues to actively pursue trade liberalization and foster economic cooperation through FTAs in the face of the COVID-19 pandemic with four FTAs recently coming into force. This reflects the region's ongoing efforts to establish new markets in a highly uncertain trade environment.
This publication outlines discussions from two international conferences in 2020 on digital financial technologies (Fintech) and their potential to advance inclusive and sustainable development in Asia and the Pacific. Read more.
Regional or international agreements on vaccine passes are still lacking. Current travel bubbles between places with low COVID-19 risks are rare and fragile.
By determining the origin of a product, rules of origin are the plumbing of a free trade agreement. Only goods originating in the RCEP region will be granted duty free or reduced rate of duty when exported to regional partners.
Many Asian migrant workers seem to have withstood the waves of economic hardships, sending home record amounts of money in months following a large slump between April and May 2020.