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COVID-19’s impact in Asia shapes blueprint for sustainable economic recovery
The economic impact of the coronavirus disease (COVID-19) pandemic in Asia highlights the importance of entrenching longer-term sustainability and economic resilience into the recovery process. The macroeconomic effects of the pandemic, as well as the impact on firms and households in Asia, are featured in a new ADBI edited book, COVID-19 Impacts and Policy Options: An Asian Perspective.
How can the private sector help solve the sanitation challenge?
The private sector can play a vital role in solving the sanitation challenge. The following four aspects highlight the importance of private sector participation in sanitation in developing countries, including in Asia.
Lessons for the informal sector from COVID-19
By Alessia Destefanis, Tetsushi Sonobe, Dil Rahut and Jeetendra Prakash Aryal. Posted August 13, 2021
The informal sector, which employs over 62% of the global population, is a fundamental source of livelihood for over 2 billion people (ILO 2020). Here, “employment” includes self-employment, and the informal sector refers to the part of the economy that is generally not monitored by a tax authority or other forms of government. Before the outbreak of the coronavirus disease (COVID-19), the informal sector accounted for 87.7%, 51.5%, and 55.7% of the population in low-, middle-, and high-income countries, respectively (ILO 2018a).
Rebooting food systems to achieve the unfinished agenda of global food security
Food insecurity continues to be a pressing issue worldwide, despite scientific innovation and technological advancements in agriculture. Therefore, food security continues to be at the center of the global development agenda. The burgeoning demand for food due to exponential growth in the world’s population and the mismatch between demand and supply due to factors such as climate change, loss of soil fertility, land degradation, water scarcity, food loss and waste, and inefficient distribution systems, have exacerbated the problem of food insecurity.
Remittance inflows giving resilience to Bangladesh’s rural economy amid COVID-19
While the World Bank has identified Bangladesh as one of only three big economies that had increases in remittance inflows in 2020, along with Pakistan and Mexico (Ratha et al. 2020), and remittances have long made up a substantial share of people’s income in the country, preliminary results from a recent study supported by the Asian Development Bank Institute (ADBI) finds surprising resilience for remittance inflows into the rural economy during the first wave of the coronavirus disease (COVID-19) pandemic in Bangladesh.
Top journal articles on sanitation reveal new policy insights
An examination of the published journal articles on development economics reveals a striking pattern—very few are devoted to the analysis of sanitation interventions and development. In a recent systematic review of all sanitation-related articles from the top-12 highest-ranking journals on development economics (Revilla et al. 2021), we attempt to understand the linkages between sanitation and development based on current qualitative and quantitative empirical work.
Rethinking the impact of the lockdown on micro, small, and medium-sized enterprises in the Philippines
The National Capital Region (NCR) and four provinces in the Philippines have returned to enhanced community quarantine (ECQ) since 29 March 2021 due to surging cases of the coronavirus disease (COVID-19). The ECQ is the strictest measure for prohibiting the movement of people for nonessential purposes and strengthening curfews. The Philippine government moved to the ECQ, or lockdown, to contain the spread of COVID-19 quickly after the pandemic was identified in March 2020.
Can closing borders shut out new COVID-19 strains?
In fighting the coronavirus disease (COVID-19) pandemic and, in particular, the new strains that are emerging, many countries have adopted the dual approach of closing borders and increasing domestic surveillance. This might be overkill. In fact, the latter might suffice.
Making citywide inclusive sanitation a reality through capacity development
By Abishek Narayan, Christoph Luthi, Ma. Laarni Revilla, Deepanshu Agarwal and KE Seetha Ram. Posted January 18, 2021
Over a billion people across Asia and the Pacific still lack access to basic sanitation services (JMP 2019). Most low- and middle-income countries in Central Asia, South Asia, and East Asia still do not have safely managed sanitation services. Further, only a fifth of the countries practicing open defecation are on track to eliminate this practice around the world. Clearly, business as usual in the sanitation sector has not solved this challenge in the last several decades.
Toward an ASEAN COVID-19 travel balloon
While financial markets have responded strongly to the emergency-use authorization of various coronavirus disease (COVID-19) vaccines in several countries, the economic impacts will take much longer to materialize. One reason for this is that vaccinating 60% or more of populations to achieve herd immunity will take time. Reaching herd immunity is critical given the possibility that those vaccinated may still be infectious, despite being immune to the disease.
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