Developing Asia’s recovery has strengthened. Manufacturing and trade have rebounded, remittances have been relatively resilient, and policy support has been strong. But outbreaks are reemerging, vaccination efforts face challenges, and tourism remains hobbled.

This Asian Development Outlook 2021 launch webinar discussed the outlook and risks for the region.

Social bond markets have grown rapidly amid the pandemic. This webinar discussed the potential social impacts of social bonds in tackling developing Asia’s most urgent social issues, in both the short and long term. The findings aimed to help maximize the impact of the social bond market for sustainable development in Asia.

Despite the pandemic-induced economic uncertainty, financial conditions in emerging East Asia remained stable. Local currency bonds markets in the region are expanding at a slower pace relative to past quarters. TrackingAsia on the AsianBondsOnline website featured novel tools to help to monitor recent monthly aggregate economic conditions in the region.