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By Dio Herdiawan Tobing. Posted July 6, 2022
Despite more jobs being created in the digital economy, Southeast Asian youth face a lack of preparedness coupled with a drop in employment due to the pandemic.
By Tetsushi Sonobe, Elizabeth King, Daniel Suryadarma, Michelle Kaffenberger and Dieter Dohmen. Posted April 21, 2022
Without specific efforts to recover learning, prolonged education disruptions can lead to learning losses and disparities that affect students of all income levels.
All the sanitation improvement projects and investments over the years beg the question of whether we have seen a significant increase in school enrollment and gender parity in education or not. While most empirical studies on sanitation focus on the relationship between sanitation and health, recent studies have now looked into the downstream impacts of sanitation on other development indicators, such as those related with education and gender.
The digital age poses both challenges and opportunities for many developing countries in Asia and the Pacific. In recent years, we have seen jobs in various sectors become obsolete. At the same time, we see new economic spaces being created demanding new skills and competencies. This also necessitates finding innovative ways to facilitate learning and to promote knowledge sharing, especially in the context of economic development.
By Peter J. Morgan. Posted June 28, 2019
Education is a key driver for sustainable development (UNESCO 2018). However, the goal of realizing education for all in the Digital Age faces two major challenges. First, many countries and economies are still not ensuring quality education for all. Millions of children and youth still lack the necessary tools to realize their potential amid economic, political, and social strife. Second, with the emergence of the fourth Industrial Revolution and the growing use of automation, big data, and artificial intelligence, human labor is being substituted increasingly by machines or algorithms.
By Nikhil Bugalia. Posted October 25, 2018
The most exciting part of my journey here at the Asian Development Bank Institute is that I get to meet inspiring leaders who have contributed immensely to helping solve the pressing challenges related to sustainable development. This time it was an interaction opportunity with the world-renowned “Mr. Toilet”, i.e., Mr. Jack Sim. If it were not for the efforts of Mr. Toilet and the World Toilet Organization (WTO), the United Nations would not have recognized 19 November as World Toilet Day, an effort by the global agency to mainstream the discussion on wastewater.
It is well recognized that innovation is an important ingredient in generating the competitive advantage and long-run growth of nations, ultimately affecting their economic development. Thus, there is considerable interest in the determinants of innovation, not only in the corporate sector but also among policy makers around the world and in Asia in particular.
By Li Xu. Posted September 7, 2017
The world economy at present is in the middle of profound adjustment. Slow economic growth and obvious economic divisions are resulting in the self-fulfilling “low-growth trap”, while productivity is declining all over the world and income inequality is worsening at the country level. These trends have been interacting and blending with each other since the global financial crisis of 2008 and have triggered a vicious cycle that has become an obstacle to world economic recovery.
Financial literacy has gained an important position in the policy agenda of many countries, and the importance of collecting informative, reliable data on the levels of financial literacy across adult populations has been widely recognized (OECD/INFE 2015a). At their summit in Los Cabos in 2012, G20 leaders endorsed the High-Level Principles on National Strategies for Financial Education developed by the Organisation for Economic Co-operation and Development International Network on Financial Education (OECD/INFE), thereby acknowledging the importance of coordinated policy approaches to financial education (G20 2012).
By Kai Li. Posted August 17, 2017
Technological innovation represents modern corporations’ endeavors to develop and accumulate knowledge, and it has long been recognized as a catalyst for economic growth and productivity increase (Solow 1957; Romer 1986; Aghion and Howitt 1992) and as a key factor in the competitive advantages of nations (Porter 1998).
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