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Bridging the Digital Divide to Scale Up the COVID-19 Recovery

2020-11-05T16:03:25-05:00November 5, 2020|

By Patrick Njoroge and Ceyla Pazarbasioglu

عربي, 中文, EspañolFrançais, 日本語, PortuguêsРусский 

Digitalization has in the past few years enabled developing countries in particular to leapfrog on financial inclusion. Countries like Kenya, Ghana, Rwanda and Tanzania have made great advances in connecting their citizens to financial systems by leveraging on mobile phone technology. (more…)

COVID-19 Pandemic and the Caribbean: Navigating Uncharted Waters

2020-04-30T08:08:26-04:00April 29, 2020|

By Krishna Srinivasan, Sònia Muñoz, and Varapat Chensavasdijai

Español, Français

As the COVID-19 pandemic continues to spread across the globe—bringing severe human and economic costs—the Caribbean is no exception. With over 1,000 confirmed cases, many countries have taken strong containment measures, such as border closures and lockdowns, to “flatten the curve.” (more…)

A Post-Coronavirus Recovery in Asia—Extending a “Whatever it Takes” Lifeline to Small Businesses

2020-04-29T08:30:24-04:00April 23, 2020|

By Kenneth Kang and Changyong Rhee

عربي, 中文, Français, 日本語, Русский

Asia was hit hard by the first wave of the coronavirus, as the sudden stop in activity struck households and firms simultaneously—first in China, then elsewhere in Asia, and now globally. Policymakers responded swiftly with aggressive spending to support the medical response and vulnerable households and firms. And central banks took swift actions to expand liquidity.

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COVID-19 Pandemic and the Asia-Pacific Region: Lowest Growth Since the 1960s

2020-04-16T11:49:14-04:00April 15, 2020|

By Chang Yong Rhee

عربي, 中文, Français, 日本語, Русский

This is a crisis like no other. It is worse than the Global Financial Crisis, and Asia is not immune. While there is huge uncertainty about 2020 growth prospects, and even more so about the 2021 outlook, the impact of the coronavirus on the region will—across the board—be severe and unprecedented. (more…)

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