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Putting in place policies, systems, and infrastructure for e-government helped improve efficiency, transparency, and people’s access and participation.
Countries need to adopt new regulations and technologies to counter an estimated $66 million net welfare loss by 2040.
Define large businesses, implement comprehensive management of compliance risk, increase public accountability, and improve perceptions of fairness.
New ADB data underlines the importance of managing public debt effectively as the region emerges from the pandemic amid global uncertainty.
Strengthening governance, building institutional capacity, and weeding out corruption are essential for effective privatization.
Strategies include enhancing water resource management, strengthening biodiversity conservation, and promoting sustainable ecotourism.
East Asia needs to shift toward a model of economic growth focused on low carbon emissions and more efficient use of resources.
While remittances from migrant workers continue to increase, they can only fuel economic growth if they enter the formal financial system and be channeled into productive investments.
International exchange of information curbs the outflow of resources from tax evasion.
Assess preparedness for BEPS minimum standards and the global minimum tax proposal, prioritize tax certainty, and develop capacities to address international tax avoidance and treaty abuse.