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This guidance note underscores the potential of education technology (EdTech) solutions in transforming learning, teaching, and training systems during and after the coronavirus disease (COVID-19) pandemic. Since the COVID-19 outbreak, governments have been coping with and responding to the challenges posed by the closure of education institutions while guidelines from international agencies seek to address the disruptions and responses. Drawing from...
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The economic and social impacts of the coronavirus disease (COVID-19) have been dramatic, and transport has played a central role in its spread. The transport sector has also enabled essential workers to get to work during the pandemic and will support the needs of the population throughout the different stages of recovery. This guidance note presents (i) the impacts of the pandemic on social and travel behaviors in Asia and the Pacific, and how the...
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The coronavirus disease (COVID-19) is significantly impacting the development and life cycle of public—private partnership (PPP) projects in Asia and the Pacific. This has led to disruptions in trade, production, and supply chains as well as sharp declines in consumption and investment. This guidance note examines the impacts of COVID-19 on PPP projects in region including the implications for contractual arrangements. It presents governance practices...
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The Asian Development Bank conducted a Philippine enterprise survey during April and May 2020 to gauge the impact of the novel coronavirus disease (COVID-19) on the business community. This report provides a rich set of initial facts and ideas for the government to develop evidence-based policymaking to support the revival of Philippine enterprises hurt by the pandemic. It also provides survey-based information for current and future analytical use....
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Detailing how Australia's Therapeutics Goods Administration conducted horizon scanning for new vaccines during the pandemic to assist ADB, this report is designed to help countries in Asia and the Pacific prepare for future outbreaks. It provides details of 16 vaccine manufacturers with novel and established vaccine technologies adapted to new pathogens like SARS-CoV-2, the virus that causes COVID-19. Offering information on their vaccine pipeline...
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The coronavirus disease (COVID-19) has had a devastating impact on global aviation as nearly all air travel came to a halt in late March and April 2020. In Central Asia, virtually all domestic and international air travel were suspended in an attempt to contain the spread of COVID-19. This crisis provides an opportunity to reset the aviation industry in Central Asia Regional Cooperation (CAREC) countries through reforms, new strategies, and restructurings....
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The importance of development that provides for equitable economic growth and the sustainable use of natural resources has become increasingly apparent during the coronavirus disease (COVID-19) pandemic. COVID-19 has emphasized the need for a renewed focus on achieving the 17 Sustainable Development Goals (SDGs) as the global blueprint to ending poverty, protecting our planet, and ensuring prosperity. This publication provides an overview of SDG bonds...
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The coronavirus disease (COVID-19) pandemic has highlighted the vital role of financial inclusion in supporting resilience and economic recovery among the most vulnerable populations in Asia and the Pacific. This publication identifies financial inclusion priorities to stimulate economic recovery and explores the challenges and opportunities of accelerated digital transformation. It proposes recommendations to aid policy makers and regulators. The...
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The Policy Actions for COVID-19 Economic Recovery (PACER) Dialogues was launched in June 2020 as the coronavirus disease (COVID-19) pandemic accelerated around the world. The PACER Dialogues share cutting-edge knowledge and best practices to help countries in Southeast Asia and the People's Republic of China strengthen cooperation to mitigate the devastating effects of COVID-19 and accelerate their economic recovery. This second compendium of nine...
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The COVID-19 pandemic hit India in three waves between 2020 and 2022 with severe socioeconomic impact, particularly on poor and vulnerable people. The Government of India's response over different phases of the pandemic was comprehensive and graded. As its long-standing partner, the Asian Development Bank (ADB) proactively supported the government's strategic, multisectoral, and well planned intervention. ADB effectively realigned its operational...
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This publication explores how a local currency government bond market is vital to strengthen economic recovery from COVID-19. It focuses on the Lao People's Democratic Republic, as its market is exposed to many challenges also faced by other developing countries. It examines how this nation can benefit from the experiences of its neighbors in the Asian Bond Markets Initiative: The Association of Southeast Asian Nations, plus the People's Republic...
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The coronavirus disease (COVID-19) pandemic is a major global crisis requiring national, regional, and global intervention. The scale of the crisis and the associated size of the response mean that decisions governments make now will influence systems, create assets, and define development directions well into the future. The Asian Development Bank has developed this technical note to help its developing member countries accelerate climate and disaster...
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This report analyzes the online learning experiences of higher education students in six Asian countries during the pandemic to illustrate how to provide technical and learning support, narrow the digital divide, and direct future policy. Drawing on surveys from Indonesia, Nepal, Pakistan, the Philippines, the Republic of Korea, and Viet Nam, the report touches on areas including internet availability, student satisfaction, and levels of student-teacher...
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Unprecedented challenges from the coronavirus disease (COVID-19) pandemic have emphasized the need for Asia and the Pacific countries to work together to build back resiliently and sustainably. This report reflects on lessons learned from efforts to tackle the pandemic through regional cooperation and integration. It provides insights on how region-wide solidarity can be enhanced with the support of multilateral development banks in areas such as...
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This is a special chapter of the Asia Small and Medium-Sized Enterprise Monitor (ASM) focusing on the impact of the coronavirus disease (COVID-19) on micro, small, and medium-sized enterprises (MSMEs) in developing Asia. The study is based on findings from rapid MSME surveys conducted from March to May 2020 in Indonesia, the Lao People's Democratic Republic, the Philippines, and Thailand. The ASM is a knowledge-sharing product series developed as...
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The Asia Small and Medium-Sized Enterprise Monitor (ASM) is a knowledge-sharing product developed as a key resource for micro, small, and medium-sized enterprise (MSME) development policies in Asia and the Pacific. This second volume examines how Asia's MSMEs survived over a year into the coronavirus disease (COVID-19) pandemic and discusses post-pandemic policy actions for MSME development. This study is based on the findings from MSME surveys during...
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Supply chain disruptions caused by the coronavirus disease (COVID-19) pandemic have underscored the need for digital and paperless trade procedures to facilitate trade. This report reviews the impact of trade facilitation initiatives on trade costs in Asia and the Pacific since the pandemic began. A special chapter examines the pandemic's impact on the supply chains of critical goods such as vaccines, personal protective equipment, and food, and provides...
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This publication provides an update on financial conditions and market developments amid the coronavirus disease (COVID-19) pandemic. It also discusses recent trends and changes in the investor profile in local currency bond markets in Asia; the rising use of digital payment during the pandemic; and environmental, social, and governance investments and their resilience in the COVID-19 era.
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The coronavirus disease or COVID-19 taught the world that it needs new investments and reforms to prepare for pandemics and disasters. Timely, accurate information must be available to support national and supranational responses. The guidance note offers information and insights on the global pandemic, focusing on trade facilitation and representing a snapshot in time, based on global knowledge shared in documents and online meetings. The note aims...
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The Central Asia Regional Economic Cooperation (CAREC) region was badly affected by the COVID-19 pandemic. Associated social and economic costs have placed infectious disease at the top of sovereign and corporate risk registers. Prearranged financing for shock events greatly enhances the cost-efficiency and effectiveness of response, but this was virtually nonexistent for infectious disease risk prior to the COVID-19 outbreak. This study provides...
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