When global crises are interlinked, they overlap and compound each other. In such cases, the most effective solutions are those that work at the nexus of all these challenges.
The post-COVID-19 period has been a crucial one for members of parliament who have their work cut out to ensure that issues that arose during the pandemic are addressed, especially concerning the ICPD25 commitments and programmes of action for universal access to sexual and reproductive rights, gender-based violence and building peaceful, just and inclusive societies. Across the world, progress toward achieving the SDGs by 2030 was impacted during the pandemic.
Digitalization is a key driver of competitiveness and development. As the world takes the path to unprecedented digital advancement, Asia continues to be a powerhouse of digital transformations in a wide range of areas from microchip manufacturing to electric vehicles, from digital currency to e-commerce.
While a 2017 study by the Confederation of Indian Industry Jones Lang LaSalle India and WeWork noted the potential in India’s co-working segment, it took COVID-19 for people to transition to co-working spaces close to home.
Few policymakers ever claim credit for causing stagnation and recessions. Yet, they do so all the time, justifying their actions by some supposedly higher purpose.
As the year 2022 drew to an end, the United Nations Conference on Trade and Development (UNCTAD) warned, “Developing countries face ‘impossible trade-off’ on debt
”, that spiralling debt in low and middle-income countries (LMICs) has compromised their chances of sustainable development.
A few months after German biotechnology company BioNTech announced the establishment of the first-ever local vaccine manufacturing in Rwanda, experts believe the successful implementation of such initiatives across the continent will require countries to acquire know-how while encouraging potential industrial partners in the pharmaceutical industry.
Inflation worries topped Ipsos’s What Worries the World survey
in 2022 overtaking COVID concerns. The return of inflation caught major central banks, e.g., the US Federal Reserve (Fed), Bank of England, European Central Bank “off guard
”. The persistence of inflation also surprised
the International Monetary Fund (IMF). The return of inflation and its persistence exposed the poverty of the economics profession, unable to agree on its causes and required policy responses. It also exposed the profession’s anti-working class biases.
This week world leaders meet in Davos
to discuss cooperation to address multiple crises, from COVID-19 and escalating inflation to slowing economic growth, debt distress and climate shocks.
Three years after the coronavirus first emerged in the Chinese city of Wuhan, the Chinese government began in December to abruptly scrap its harsh containment policy known as "zero-Covid."
As the effects of COVID-19 on Africa’s health sector become clearer, it looks the continent will need to take urgent steps to overcome the disruptions suffered in the breakdown in antenatal and postnatal care for women and newborns and neonatal intensive care units. The pandemic brought some setbacks to the gains achieved in maternal mortality over the past decade.
2022 has been a year of great uncertainty when it seemed the world perilously reached the brink of self-destruction – be it human-induced climate change or military conflict. Welcoming 2022, we had enough reasons to be optimistic; but it was another ‘year of living dangerously’ – Tahun vivere pericoloso
in the words of Soekarno, or an annus horribilis
in the words of the late Queen Elizabeth.
A year that started with Russia’s invasion of Ukraine and is ending with famine in Africa, while still spreading death and misery through an enduring pandemic and a deteriorating climate crisis -- 2022 has been an apocalyptic warning of the frailty of our planet and the woeful shortcomings of humankind.
Promoting innovation and technology to promote inclusive development means using new technologies to enhance equal access to services, eliminate discrimination, increase transparency, and create a stable and just future for all – especially the most vulnerable and marginalized.
In 2019, when the President-elect of the European Union (EU) Ursula von der Leyen had presented a list for her soon-to-be European Commission, and on that list was a portfolio called “Protecting the European way of life”, a lot of noise was made questioning what that meant. “Protection” was later changed to the “Promotion” of the European Way of Life. It’s been over three years since this very controversial, much debated and widely criticised portfolio as many continue to question what uniquely is the ‘European way of life’?
Violence against women has failed to decline in the Latin American region after the sharp rise recorded during the COVID-19 pandemic, while preventing the causes of such violence remains a major challenge.
Developing countries have long been told to avoid borrowing from central banks (CBs) to finance government spending. Many have even legislated against CB financing of fiscal expenditure.
Central bank fiscal financing
Such laws are supposedly needed to curb inflation – below 5%, if not 2% – to accelerate growth. These arrangements have also constrained a potential CB developmental role and government ability to respond better to crises.
The digital transformation of thousands of community health workers in Bangladesh has dramatically enhanced their work, while enabling the creation and tracking of a healthcare database covering 64 million people. The resulting model holds remarkable promise for the health of the world, especially in the context of evolving pandemics.
Widespread adverse reactions to the UK government’s recent ‘mini-budget’ forced new Prime Minister Liz Truss to resign. The episode highlighted problems of macroeconomic policy coordination and the interests involved.
A coalition of civil society organisations is demanding public development banks (PDBs) to take radical and innovative steps to tackle human rights violations and environmental destruction. No project funded by PDBs should come at the expenses of vulnerable groups, the environment and collective liberties, but should instead embody the voices of communities, democratic values and environmental justice.
An aging population needn’t be a burden, experts told Parliamentarians at a conference co-hosted by UNFPA Asia Pacific Regional Office and the Asian Population and Development Association (APDA).