World Bank East Asia and Pacific Economic Update, October 2020 : From Containment to Recovery
COVID-19 has delivered a triple shock to the developing East Asia and Pacific (EAP) region: the pandemic itself, the economic impact of containment measures, and reverberations from the global recession. Without action on multiple fronts, the pandemic could reduce regional growth over the next decad...
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okr-10986-344972021-04-23T14:02:01Z World Bank East Asia and Pacific Economic Update, October 2020 : From Containment to Recovery World Bank CORONAVIRUS COVID-19 PANDEMIC IMPACT ECONOMIC GROWTH RECESSION ECONOMIC OUTLOOK VOLATILITY FISCAL POLICY DEBT FINANCIAL SECTOR PRODUCTIVITY SOCIAL PROTECTION HUMAN CAPITAL TRADE POVERTY COVID-19 has delivered a triple shock to the developing East Asia and Pacific (EAP) region: the pandemic itself, the economic impact of containment measures, and reverberations from the global recession. Without action on multiple fronts, the pandemic could reduce regional growth over the next decade by 1 percentage point per year, with the greatest impacts being felt by poor households, because of lower levels of access to healthcare, education, jobs, and finance. Why were many economies in the region able to contain the disease while some others still struggle? How have these shocks affected economic activity and poverty in different countries? What are the prospects for recovery and how will longer term growth be affected across the region? Is there a tension between containing the disease and providing relief today and promoting recovery and growth tomorrow? These key questions are addressed in the World Bank’s October 2020 EAP Economic Update. 2020-09-23T19:32:35Z 2020-09-23T19:32:35Z 2020-09-28 Book https://documents.worldbank.org/en/publication/documents-reports/documentdetail/424491601438750673/main-report 978-1-4648-1641-3 http://hdl.handle.net/10986/34497 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication East Asia and Pacific East Asia Oceania China |
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Digital Repository |
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Foreign Institution |
institution |
Digital Repositories |
building |
World Bank Open Knowledge Repository |
collection |
World Bank |
topic |
CORONAVIRUS COVID-19 PANDEMIC IMPACT ECONOMIC GROWTH RECESSION ECONOMIC OUTLOOK VOLATILITY FISCAL POLICY DEBT FINANCIAL SECTOR PRODUCTIVITY SOCIAL PROTECTION HUMAN CAPITAL TRADE POVERTY |
spellingShingle |
CORONAVIRUS COVID-19 PANDEMIC IMPACT ECONOMIC GROWTH RECESSION ECONOMIC OUTLOOK VOLATILITY FISCAL POLICY DEBT FINANCIAL SECTOR PRODUCTIVITY SOCIAL PROTECTION HUMAN CAPITAL TRADE POVERTY World Bank World Bank East Asia and Pacific Economic Update, October 2020 : From Containment to Recovery |
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East Asia and Pacific East Asia Oceania China |
description |
COVID-19 has delivered a triple shock to the developing East Asia and Pacific (EAP) region: the pandemic itself, the economic impact of containment measures, and reverberations from the global recession. Without action on multiple fronts, the pandemic could reduce regional growth over the next decade by 1 percentage point per year, with the greatest impacts being felt by poor households, because of lower levels of access to healthcare, education, jobs, and finance. Why were many economies in the region able to contain the disease while some others still struggle? How have these shocks affected economic activity and poverty in different countries? What are the prospects for recovery and how will longer term growth be affected across the region? Is there a tension between containing the disease and providing relief today and promoting recovery and growth tomorrow? These key questions are addressed in the World Bank’s October 2020 EAP Economic Update. |
format |
Book |
author |
World Bank |
author_facet |
World Bank |
author_sort |
World Bank |
title |
World Bank East Asia and Pacific Economic Update, October 2020 : From Containment to Recovery |
title_short |
World Bank East Asia and Pacific Economic Update, October 2020 : From Containment to Recovery |
title_full |
World Bank East Asia and Pacific Economic Update, October 2020 : From Containment to Recovery |
title_fullStr |
World Bank East Asia and Pacific Economic Update, October 2020 : From Containment to Recovery |
title_full_unstemmed |
World Bank East Asia and Pacific Economic Update, October 2020 : From Containment to Recovery |
title_sort |
world bank east asia and pacific economic update, october 2020 : from containment to recovery |
publisher |
Washington, DC: World Bank |
publishDate |
2020 |
url |
https://documents.worldbank.org/en/publication/documents-reports/documentdetail/424491601438750673/main-report http://hdl.handle.net/10986/34497 |
_version_ |
1764481027558866944 |