The growing COVID-19 crisis threatens to disproportionately hit developing countries, not only as a health crisis in the short term but as a devastating social and economic crisis over the months and years to come.
China has a key advantage in this fight: its technology infrastructure.
Singapore's investments in Digital Transformation may be helping as the COVID-19 pandemic unfolds.
Of the young entrepreneurs who report that coronavirus has negatively impacted their business, 88% have experienced reduced customer demand, 34% have experienced supply chain disruptions, 26% cannot progress government business, and 25% have experienced distribution disruption.
With two out of every three people (or 2.5 billion more people) likely to be living in cities or other urban centres by 2050, innovation can help make these settings enjoyable, productive, and sustainable for everyone.
Asia-Pacific continues to grapple with widespread multidimensional poverty, and may be vulnerable to a new set of inequalities emerging around higher education and climate resilience.
We believe that there is a major opportunity for policy makers in the Asia Pacific region to play an active role in creating the conditions for a different type of innovation.

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18%

Women in parliament

400 million

People Living in Extreme Poverty

25%

Population Living in Multidimensional Poverty

$26 trillion

Infrastructure Investment Needs

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