Navigating COVID-19 in Asia and the Pacific

Navigating COVID-19 in Asia and the Pacific PDF Author: Bambang Susantono
Publisher: Asian Development Bank
ISBN: 9292623567
Category : Medical
Languages : en
Pages : 324

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Book Description
Coronavirus disease (COVID-19) has unleashed unparalleled challenges. At the same time, it offers a window to rethink Asia’s most fundamental development policies and strategies to address inequality, socioeconomic vulnerability, and environmental challenges. This publication gathers blogs and short policy pieces contributed by ADB staff and experts in an attempt to tackle immediate challenges and prepare for what may lie beyond the horizon. It covers a broad range of development challenges and highlights the crucial role of rapid adoption of digital technologies, adequate supply of quality infrastructure, disaster risk management, and strengthening regional cooperation for a resilient and sustainable future by shaping post-pandemic conditions.

Navigating COVID-19 in Asia and the Pacific

Navigating COVID-19 in Asia and the Pacific PDF Author: Bambang Susantono
Publisher: Asian Development Bank
ISBN: 9292623567
Category : Medical
Languages : en
Pages : 324

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Book Description
Coronavirus disease (COVID-19) has unleashed unparalleled challenges. At the same time, it offers a window to rethink Asia’s most fundamental development policies and strategies to address inequality, socioeconomic vulnerability, and environmental challenges. This publication gathers blogs and short policy pieces contributed by ADB staff and experts in an attempt to tackle immediate challenges and prepare for what may lie beyond the horizon. It covers a broad range of development challenges and highlights the crucial role of rapid adoption of digital technologies, adequate supply of quality infrastructure, disaster risk management, and strengthening regional cooperation for a resilient and sustainable future by shaping post-pandemic conditions.

Remittances

Remittances PDF Author: Samuel Munzele Maimbo
Publisher: World Bank Publications
ISBN: 0821357948
Category : Business & Economics
Languages : en
Pages : 402

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Book Description
Migrants have long faced unwarranted constraints to sending money to family members and relatives in their home countries, among them costly fees and commissions, inconvenient formal banking hours, and inefficient domestic banking services that delay final payment to the beneficiaries. Yet such remittances are perhaps the largest source of external finance in developing countries. Officially recorded remittance flows to developing countries exceeded US$125 billion in 2004, making them the second largest source of development finance after foreign direct investment. This book demonstrates that governments in developing countries increasingly recognize the importance of remittance flows and are quickly addressing these constraints.

Harnessing Digitization for Remittances in Asia and the Pacific

Harnessing Digitization for Remittances in Asia and the Pacific PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292629638
Category : Business & Economics
Languages : en
Pages : 74

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Book Description
Remittances are considered a lifeline of developing countries and are especially vital for migrants and their families. Digital data technology can help alleviate many of the “pain-points” in the remittances industry. For example, it can significantly enhance the convenience, speed, security, and affordability of sending and receiving remittances. This report discusses the importance of remittances in Asia and the Pacific, the key challenges faced by the industry, and the impacts of the coronavirus disease (COVID-19 pandemic. It also includes country case studies that demonstrate the benefits of digitization and makes recommendations on how the digitization of remittances across the region can be further advanced.

Emigration and Its Economic Impact on Eastern Europe

Emigration and Its Economic Impact on Eastern Europe PDF Author: Mr.Ruben Atoyan
Publisher: International Monetary Fund
ISBN: 1498367453
Category : Social Science
Languages : en
Pages : 48

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Book Description
This paper analyses the impact of large and persistent emigration from Eastern European countries over the past 25 years on these countries’ growth and income convergence to advanced Europe. While emigration has likely benefited migrants themselves, the receiving countries and the EU as a whole, its impact on sending countries’ economies has been largely negative. The analysis suggests that labor outflows, particularly of skilled workers, lowered productivity growth, pushed up wages, and slowed growth and income convergence. At the same time, while remittance inflows supported financial deepening, consumption and investment in some countries, they also reduced incentives to work and led to exchange rate appreciations, eroding competiveness. The departure of the young also added to the fiscal pressures of already aging populations in Eastern Europe. The paper concludes with policy recommendations for sending countries to mitigate the negative impact of emigration on their economies, and the EU-wide initiatives that could support these efforts.

Policy Actions for COVID-19 Economic Recovery

Policy Actions for COVID-19 Economic Recovery PDF Author: Ramesh Subramaniam
Publisher: Asian Development Bank
ISBN: 9292629263
Category : Medical
Languages : en
Pages : 242

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Book Description
The Policy Actions for COVID-19 Economic Recovery (PACER) Dialogues were held from June to September 2020 as the coronavirus disease (COVID-19) pandemic accelerated around the world. They shared cutting-edge knowledge and best practices to help countries in Southeast Asia and the People's Republic of China strengthen cooperation to mitigate the devastating effects of COVID-19 and accelerate their economic recovery. This compendium of 13 policy briefs summarizes the discussions, recommendations, and actionable insights from the PACER Dialogues.

International Migration, Remittances, and the Brain Drain

International Migration, Remittances, and the Brain Drain PDF Author: Maurice Schiff
Publisher: World Bank Publications
ISBN: 0821363743
Category : Business & Economics
Languages : en
Pages : 242

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Book Description
International migration, the movement of people across international boundaries, has enormous economic, social and cultural implications in both origin and destination countries. Using original research, this title examines the determinants of migration, the impact of remittances and migration on poverty, welfare, and investment decisions, and the consequences of brain drain, brain gain, and brain waste.

Asian Development Outlook 2020 Update

Asian Development Outlook 2020 Update PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292623621
Category : Business & Economics
Languages : en
Pages : 415

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Book Description
Developing Asia has suffered as the COVID-19 pandemic persists. Growth, trade, and tourism collapsed in 2020, leading to the region’s first economic contraction in nearly 6 decades. Governments across Asia acted quickly to contain the virus and its economic effects, and signs of bottoming out have now appeared. Inflation remains benign, constrained by depressed demand and declining food prices. A prolonged pandemic is the primary downside risk to the outlook. Persistent or renewed outbreaks and a return to stringent containment could possibly derail the recovery and trigger financial turmoil. Recovery depends on measures to address the health crisis and on continued policy support. The pandemic has highlighted the importance of wellness, both physical and mental. Wellness—the pursuit of holistic health and well-being—is a component of the UN’s Sustainable Development Goals. This report evaluates the state of wellness in Asia, documents how the wellness economy is a large and growing part of the region’s economy, and discusses how policy makers can promote wellness by creating healthy living environments, encouraging physical activity and healthy diets, and enhancing workplace wellness.

Digital finance and inclusion in the time of COVID-19

Digital finance and inclusion in the time of COVID-19 PDF Author: Benni, N.
Publisher: Food & Agriculture Org.
ISBN: 9251336237
Category : Technology & Engineering
Languages : en
Pages : 94

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Book Description
The COVID-19 pandemic has impacted digital financial inclusion trends across the world in many and complex ways. In developing and emerging contexts, this crisis also holds the potential to propel an unprecedented acceleration in the process of financial digitization and turn out to be a game-changer for digital financial inclusion. The aim of this study is to illustrate the opportunities and risks associated with the surge in uptake and use of digital financial service, providing ideas on how to leverage the paradigm changes affecting the overall approach and perspective towards digital financial services – on the part of various stakeholders – to advance financial inclusion and development. It also seeks to showcase how digital financial services have been used – in both traditional and innovative ways – to mitigate the impact of the COVID-19 crisis on economies and societies, by both public and private actors.

Strengthening Support for Labor Migration in Tajikistan

Strengthening Support for Labor Migration in Tajikistan PDF Author: Asian Development Bank
Publisher: Asian Development Bank
ISBN: 9292624725
Category : Business & Economics
Languages : en
Pages : 195

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Book Description
Migration for work is an important livelihood option for many households in Tajikistan due to limited job opportunities. Remittances from migrant workers significantly supplement the country’s foreign currency reserves, but the economic crisis and worldwide shutdown induced by the coronavirus disease (COVID-19) have caused international migration flows to fall, and remittances are projected to decline significantly. This publication reviews the state of international migration out of Tajikistan and identifies the impact of COVID-19 on the movement of people and migrant workers, in particular. It also reviews international best practices and proposes appropriate predeparture programs, post-return services for Tajik migrants, and ways to address migrate worker issues related to the pandemic.

International Migration Statistics

International Migration Statistics PDF Author: Richard E. Bilsborrow
Publisher: International Labour Organization
ISBN: 9789221095170
Category : Social Science
Languages : en
Pages : 462

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Book Description
This work examines the role played by the state and private sectors in organizing labour migration, and the economic and social issues raised by such migration policies and programmes. It explores the question of whether, and how, migrant workers should be controlled and regulated to safeguard the interests of the sending state without infringing the basic rights of the individual.