Asia & the Pacific

6 Items

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Analysis & Opinions - Global Policy

Factoring Pandemic Risks into Financial Modelling

| Apr. 01, 2020

Today’s economic crisis leaves us with an unsettling and perplexing regret. Why weren’t financial portfolios already adjusted for risks that stem from health events such as pandemics? After all, financial portfolios are adjusted for liquidity risks, market risks, credit risks, and even operational and political risks.

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Analysis & Opinions - The Economist

COVID-19 Pandemic Accelerates the Rise of Digital Payments

| Mar. 20, 2020

Could using the cash in your pocket have the potential to spread covid-19? That question has rarely appeared in the news, but many governments and leaders in the digital payments industry are wondering how the virus might impact the use of cash. Several countries have already taken drastic measures to limit circulation of bank notes. Could such interventions lead to the end of cash payments?

People walk by a money exchange shop in Hong Kong.

AP/Kin Cheung

Analysis & Opinions - Project Syndicate

The COVID-19 Cash Out

| Mar. 19, 2020

Because hand-to-hand exchange of physical currency could transmit the coronavirus, countries around the world are being forced to reconsider the use of cash. In fact, COVID-19 might turn out to be the catalyst that finally brings digital payments fully into the mainstream. Not surprisingly, the digital-payments industry is already focusing on the opportunities created by the crisis.

A view of one of the displaced camp in Mogadishu, Somalia, Sep. 14, 2011. A massive aid operation is currently underway to help millions of Somalis affected by the fighting and a famine caused by severe drought.

AP Photo

Analysis & Opinions - The Daily Nation

Africa Must Wake Up to the Reality That Hunger is Now a National Security Issue

| August 14, 2012

"The tools available to India in the 1960s are not sufficient to address the challenges that African agriculture now faces. These include a rapidly-growing population, productivity loss due to ecological disruption, environmental decay, droughts, climate change, and conflict. Biotechnology offers additional tools that can help Africa address some of these challenges. It is another moment that calls for the kind of political courage that led to the adoption of the Green Revolution."

Analysis & Opinions - Business Daily

Improving China's Image in Africa

| November 29, 2007

"China’s ability to respond rapidly to requests for investment in new areas such as infrastructure has emboldened many African leaders who are under pressure to meet their electoral promises....Many of the transactions between China and Africa are kept confidential and little is known about their terms. Promoting greater transparency and mutual learning from those arrangements will help to improve the image of Chinese businesses in Africa."