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COVID-19 Drives Global Surge in use of Digital Payments
Three quarters of adults now have a bank or mobile money account; gender gap in account ownership narrows
Russian Invasion to Shrink Ukraine Economy by 45 Percent
The war is also hitting hard the emerging and developing economies of Europe and Central Asia, a region that was...
Developing Economies risk “Hard Landing” in 2023 says World Bank
Growth in EAP is projected to decelerate to 5.1 percent in 2022, reflecting a slowdown in China. Thailand’s economy is...
Global Community Steps Up with $93 Billion Support Package for World’s Poorest Countries
The World Bank today announced a $93 billion replenishment package of the International Development Association (IDA) to help low-income countries respond to the COVID-19...
World Bank keeps Thai growth outlook at 1% this year but expects 3.9% in 2022
Thailand’s economy is still expected to grow 1% this year due to the impact of a coronavirus outbreak, but growth...
Insights into the impact of COVID-19 on Thailand’s households
In April 2020, the Thai government passed a 1 trillion baht borrowing decree to address health needs, provide relief, and...
How Asia Pacific can turn COVID crisis into an opportunity
Bold policies needed to boost economic recovery and improve social stability
The Impact of COVID-19 on Thailand’s economy
Thailand’s economy is expected to be impacted severely by the COVID-19 pandemic, shrinking by at least 5 percent in 2020...
Covid-19, poverty, social protection and the Thai economy
More than half of workers in Thailand are informal, meaning they are not covered by a social security scheme and...
EAP Countries Brace for Economic Shock of COVID-19
Growth in the developing EAP region is projected to slow to 2.1 percent in the baseline and to negative 0.5...
