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Regional financial cooperation has strengthened Asian economies and made them more resilient, but attention toward this important work has waned in recent years.
Policy challenges include the shift in financial intermediation away from traditional banks toward digital finance providers.
Enable small and medium-sized enterprises to become part of global value chains to revive economies and promote inclusive growth after COVID-19.
Patent and public procurement systems can help promote productivity-led growth by improving technology diffusion and supporting innovative solutions.
Among the lessons: Make inclusive investments in education, sanitation, and health in order to avoid enclaves of rich and poor.
One way to reduce poverty in developing countries is to make it cheaper and easier for migrant workers to send money home.
An analysis of socioeconomic indicators shows India is a suitable market for bullet trains.
Combining materials processed in a single treatment plant offers cost savings and private sector opportunities in sanitation services.
Design projects with high economic impact and share dividends with investors and communities through hometown investment funds, land trusts, and other instruments.
Two of five adults in the Asia and Pacific region are overweight or obese and the costs associated with these conditions undermine economic growth as well as the achievement of the United Nations 2030 Sustainable Development Goals, particularly on health.