As emerging markets around the world continue their recovery from Covid-19, remittances are playing a key role in supporting the economic rebound.
Asia Economy
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Economic update | Can a “green Bitcoin” help solve cryptocurrencies’ sustainability problem?
30 Jun 2021
Amid a rise in demand for cryptocurrencies, especially in emerging markets, and increased appetite for sustainable finance globally, efforts are under way to develop a so-called green Bitcoin – that is, an ecologically sustainable cryptocurrency.
Economic update | A global corporate tax rate: will it help or hinder developing nations’ Covid-19 recovery?
13 May 2021
During last year’s US presidential campaign, Joe Biden promised to crack down on tax-evading multinationals, and he has now called for a global minimum corporate tax rate. However, some fear that President Biden’s plan may hinder developing economies’ Covid-19 recovery.
Most developing markets took a significant economic hit during the pandemic, while many traditional channels of lending have tightened. In this light, special drawing rights (SDRs) are emerging as an important tool available to governments to fund their Covid-19 responses and recoveries.
Economic update | What are development banks doing to help emerging markets build back better?
29 Apr 2021
As a result of the economic fallout of Covid-19, emerging economies across the world are grappling with numerous challenges, including cash flow crises, the risk of prolonged recession and debt default. Many are looking towards development banks to help get their sustainable recoveries under way.
Economic view | Bahlil Lahadalia, Chairman, Indonesia Investment Coordinating Board (BKPM)
21 Apr 2021
To what extent did the Covid-19 pandemic impact investment in Indonesia, and which areas of the archipelago saw the highest levels of investment?