An ADB research indicates that the global economy could lose more than US$100 billion in remittances. Governments need to act fast to protect the most vulnerable in society from this loss of vital income.
A well-trained workforce is more likely to spur innovation at companies. Firms that provide even minimal training to employees are nearly 8 percentage points more likely to introduce a new product and implement a new process.
Opening economies during Covid-19 is obviously a quantitative but also qualitative challenge. While data should be an important element of decision making, the choice should ultimately reflect how a society can best save lives and bring economic gains.
Governments and organizations, including multilateral development banks, are funding tens of billions of dollars in development projects and programs to help countries respond to Covid-19. The evaluation and monitoring process should not be bypassed.
On the occasion of the 25th anniversary of the US-Vietnam diplomatic relations, Adam Sitkoff, executive director of AmCham Hanoi, has shared with Hanoitimes his thought about US-Vietnam relations and the outlook of economic ties.
To understand which approaches have been successful and how these might help other countries and regions, we hosted a session with policy makers from Colombia, Ghana, South Africa, Vietnam, and Italy’s Veneto region.