The project was designed to support the government’s efforts to address the pollution and water management issues of its marine ecosystems. The Qingdao municipal government in Shandong Province started the preparation of a new development strategy of “embracing bay development, surrounding bay protection” in 2008.

The report—a collaborative effort between the International Labour Organization and ADB—finds that the employment prospects of the region’s 660 million young people are severely challenged. They will be hit harder than adults and risk bearing higher longer-term economic and social costs.

The joint socioeconomic assessment prepared by the Asian Development Bank, the United Nations Development Programme, and the Economic Policy Research Institute in the Kyrgyz Republic’s Ministry of Economy describes how the global, regional and national macroeconomic shocks arising from the COVID-19 pandemic are affecting the Kyrgyz Republic’s po

This brief assesses how COVID-19 will affect jobs in Asia and the Pacific and proposes policy actions to manage the impacts.COVID-19 is driving economies into recession, putting many jobs at risk. Up to 242 million full-time jobs could be lost globally, with 70% of these in Asia and the Pacific.

This brief assesses the impact of the coronavirus disease (COVID-19) on migrant workers, how reduced remittances will affect households and economies in Asia and the Pacific, and what policy makers can do to soften the blow.

The Asian Development Bank conducted a Philippine enterprise survey from 28 April to 15 May 2020 to gauge the impact of the novel coronavirus disease (COVID-19) on the business community. Questions focused on production, finance, workforce, supply chains, and other issues.

Mongolia can build a more inclusive and sustainable economy by improving macroeconomic management, strengthening human development, increasing international trade, and diversifying the economy by building on the country’s existing knowledge and expertise, including in the mining sector, says a new Asian Development Bank (ADB) Country Diagnostic

Global investment sentiment waned amid the sharp economic downturn triggered by the coronavirus disease (COVID-19). The governments and central banks of many economies launched fiscal stimulus packages and eased monetary policies to mitigate the economic impact of COVID-19.

This publication provides updated economic forecasts for Asia and the Pacific, taking into consideration the impact of coronavirus disease (COVID-19). Developing Asia is now projected to grow by only 0.1% in 2020, which would be the lowest regional growth outcome since 1961. Contraction is expected in all subregions except in East Asia.

The report highlights key milestones of 2019—the first full year of implementation of the bank’s long-term corporate strategy, Strategy 2030. It sets out how ADB has been providing finance, knowledge, and other expertise as it works to help achieve a prosperous, inclusive, resilient, and sustainable Asia and the Pacific.

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