Greater Mekong Subregion Digital Economy Cooperation Initiative
Building digitally-connected Greater Mekong Subreion Economic Corridors
Building digitally-connected Greater Mekong Subreion Economic Corridors
Digital skills are increasing in demand in Asia and the Pacific, with 75% of employers in four countries reporting a rise in demand for new hires with digital skills over the last 5 years, according to a new joint report by the Asian Development Bank (ADB) and LinkedIn.
ADB has worked out a core pipeline of projects for 2022–2024 that uses more responsive financing modalities and considers Viet Nam’s priorities for medium- and long-term post-pandemic recovery.
ADB supports Thailand in responding to the health, social, and economic impacts of the COVID-19 pandemic. In 2021, ADB provided $1.5 billion loan to help the country mitigate the negative economic impact of the pandemic.
ADB is one of Lao PDR's largest sources of official development assistance, with an average annual lending of $100 million over the 5 years to 2021.
This report compares the Regional Comprehensive Economic Partnership (RCEP) with other free trade agreements and suggests how policy makers can promote its successful implementation.