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World Bank announces new global fund for cybersecurity

Call for Entries: 2021 World Bank Digital Skills Innovation Awards for Southeast Asia

Call for Entries: 2021 World Bank Digital Skills Innovation Awards for Southeast Asia Email Nominations for the most innovative and impactful programs are being accepted now through March 31, 2021 SINGAPORE, February 1, 2021 The World Bank announced today the launch of its inaugural Digital Skills Innovation Awards to recognize the contribution and accomplishments of training programs to develop digital skills in the Southeast Asia region. “Southeast Asia’s digital economy is expanding at an unprecedented pace, and countries across the region are recognizing this growth as critical to stimulate economic recovery post-pandemic. Therefore, it is more important than ever before to equip Southeast Asians with the right skillsets to thrive in a rapidly changing digital landscape,” said

The Covid-19 economic crisis could morph

Economic crises have a tendency to morph. After a crisis gets under way, its epicentre can shift and it can turn contagious in unpredictable ways, impacting areas previously presumed relatively safe. For example, what starts as a domestic crisis can take on regional dimensions, affecting even healthy economies, as we saw in Asia in 1997, or go global, as happened after the United States subprime mortgage crisis of 2007-2008. Crises can also spread quickly from one sector to another and then engulf entire economies. Europe s real estate crises in 2008 morphed into banking crises a year later and then into a euro zone-wide sovereign debt crisis by 2012.

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