The global COVID-19 pandemic has severely affected Fiji, hitting at backbone economic sectors, such as international tourism and export fisheries. It has also brought to the fore the need to embark on a more sustainable model of development.
The global COVID-19 pandemic has severely affected Fiji, hitting at backbone economic sectors, such as international tourism and export fisheries. It has also brought to the fore the need to embark on a more sustainable model of development. This report examines Fiji's economic and sustainability trends, as well as the governance and financing of its ocean economy before and during the COVID-19 crisis. It provides an initial mapping of promising initiatives and funding instruments that can be developed and scaled up to foster a sustainable blue recovery, focusing on four main areas: sustainable fisheries, sustainable tourism, green shipping and marine conservation.
The global COVID-19 pandemic has severely affected Fiji, hitting at backbone economic sectors, such as international tourism and export fisheries. It has also brought to the fore the need to embark on a more sustainable model of development. This report examines Fiji's economic and sustainability trends, as well as the governance and financing of its ocean economy before and during the COVID-19 crisis. It provides an initial mapping of promising initiatives and funding instruments that can be developed and scaled up to foster a sustainable blue recovery, focusing on four main areas: sustainable fisheries, sustainable tourism, green shipping and marine conservation.
Through an analysis of Samoa’s economic trends and environmental pressures, institutional set-up and policy tools, as well as financing landscape, this report identifies opportunities and challenges for Samoa’s ocean economy to drive sustainable and resilient development.
"The ongoing COVID-19 pandemic marks the most significant, singular global disruption since World War II, with health, economic, political, and security implications that will ripple for years to come." -Global Trends 2040 (2021) Global Trends 2040-A More Contested World (2021), released by the US National Intelligence Council, is the latest report in its series of reports starting in 1997 about megatrends and the world's future. This report, strongly influenced by the COVID-19 pandemic, paints a bleak picture of the future and describes a contested, fragmented and turbulent world. It specifically discusses the four main trends that will shape tomorrow's world: - Demographics-by 2040, 1.4 billion people will be added mostly in Africa and South Asia. - Economics-increased government debt and concentrated economic power will escalate problems for the poor and middleclass. - Climate-a hotter world will increase water, food, and health insecurity. - Technology-the emergence of new technologies could both solve and cause problems for human life. Students of trends, policymakers, entrepreneurs, academics, journalists and anyone eager for a glimpse into the next decades, will find this report, with colored graphs, essential reading.
The Pacific region is expected to contract by 0.6% in 2021, and to grow by 4.7% in 2022. This issue of the Pacific Economic Monitor explores how the region can reopen and rebuild.
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.
Pandemic Risk, Response, and Resilience: COVID-19 Responses in Cities Around the World examines the pandemic's global impacts on public health, economies, society and labor. The book shows how COVID-19 intensified natural and anthropogenic hazards and destroyed years of communities, governments and the work of development organizations and their investments. It focuses on how disaster resilience is central to achieving the 2030 Sustainable Development Goals in a post-COVID-19 era. Sections cover current governance practices, with special attention given to Asia's more successful responses. It shows how the various sectors across that society were most impacted by COVID-19, including tourism and food systems. This book is an essential reference for researchers and practitioners who need to understand response, preparedness and future pathways for pandemic resilience. - Showcases risk governance at local, national and regional scales - Captures multidisciplinary and multi-sectoral insights through numerous case studies - Uniquely addresses, in a comprehensive and structure manner, risk governance methodologies
Four years after Cyclone Pam struck Vanuatu causing extensive damages, reconstruction is near completion with full recovery in sight. The authorities are now focused on implementing their broader development plans that were slowed by the rebuilding process, which will require fiscal discipline and reforms to maintain debt sustainability. The authorities should continue their constructive engagement with development partners for technical assistance, capacity development, and concessional and grant-based funding. In parallel continuing to reform and strengthen the governance of institutions and removing vulnerabilities to corruption will be important.
Sub-Saharan African countries are facing an unprecedented health and economic crisis that is likely to severely hurt credit quality and raise non-performing loans from already high levels. Banks have a critical role to play not only during the crisis by providing temporarily relief to businesses and households, but also during the recovery by supporting economic activity and facilitating the structural transformations engaged by the pandemic.