World Bank East Asia and Pacific Economic Update, October 2021 : Long COVID

The East Asia and Pacific (EAP) region is suffering a reversal of fortune. In 2020, many EAP countries successfully contained COVID-19 and economic activity swiftly revived as other regions struggled with the pandemic and economic recession. Now the region is being hit hard by the COVID-19 Delta va...

Full description

Bibliographic Details
Main Author: World Bank
Format: Serial
Published: Washington, DC: World Bank 2021
Subjects:
Online Access:https://documents.worldbank.org/en/publication/documents-reports/documentdetail/138851632895977756/main-report
http://hdl.handle.net/10986/36295
id okr-10986-36295
recordtype oai_dc
spelling okr-10986-362952021-11-19T05:10:49Z World Bank East Asia and Pacific Economic Update, October 2021 : Long COVID World Bank DEBT FISCAL TRENDS ECONOMIC GROWTH DIGITAL FINANCE INFRASTRUCTURE UNDERNUTRITION MALNUTRITION FISCAL POLICY FISCAL SUSTAINABILITY ECONOMIC OUTLOOK ENVIRONMENTAL SUSTAINABILITY HEALTH SERVICE DELIVERY The East Asia and Pacific (EAP) region is suffering a reversal of fortune. In 2020, many EAP countries successfully contained COVID-19 and economic activity swiftly revived as other regions struggled with the pandemic and economic recession. Now the region is being hit hard by the COVID-19 Delta variant while many advanced economies are on the path to economic recovery. The disease is damaging the economy and is unlikely to disappear in the foreseeable future. In the near term, the persistence of the pandemic will prolong human and economic distress unless individuals and firms can adapt. In the longer term, COVID-19 will reduce growth and increase inequality unless the scars are remedied and the opportunities grasped. Policy action must help economic agents to adjust today and make choices that avert deceleration and disparity tomorrow. 2021-09-24T16:02:41Z 2021-09-24T16:02:41Z 2021-09-27 Serial https://documents.worldbank.org/en/publication/documents-reports/documentdetail/138851632895977756/main-report 978-1-4648-1799-1 http://hdl.handle.net/10986/36295 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
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
topic DEBT
FISCAL TRENDS
ECONOMIC GROWTH
DIGITAL FINANCE
INFRASTRUCTURE
UNDERNUTRITION
MALNUTRITION
FISCAL POLICY
FISCAL SUSTAINABILITY
ECONOMIC OUTLOOK
ENVIRONMENTAL SUSTAINABILITY
HEALTH SERVICE DELIVERY
spellingShingle DEBT
FISCAL TRENDS
ECONOMIC GROWTH
DIGITAL FINANCE
INFRASTRUCTURE
UNDERNUTRITION
MALNUTRITION
FISCAL POLICY
FISCAL SUSTAINABILITY
ECONOMIC OUTLOOK
ENVIRONMENTAL SUSTAINABILITY
HEALTH SERVICE DELIVERY
World Bank
World Bank East Asia and Pacific Economic Update, October 2021 : Long COVID
geographic_facet East Asia and Pacific
East Asia
Oceania
description The East Asia and Pacific (EAP) region is suffering a reversal of fortune. In 2020, many EAP countries successfully contained COVID-19 and economic activity swiftly revived as other regions struggled with the pandemic and economic recession. Now the region is being hit hard by the COVID-19 Delta variant while many advanced economies are on the path to economic recovery. The disease is damaging the economy and is unlikely to disappear in the foreseeable future. In the near term, the persistence of the pandemic will prolong human and economic distress unless individuals and firms can adapt. In the longer term, COVID-19 will reduce growth and increase inequality unless the scars are remedied and the opportunities grasped. Policy action must help economic agents to adjust today and make choices that avert deceleration and disparity tomorrow.
format Serial
author World Bank
author_facet World Bank
author_sort World Bank
title World Bank East Asia and Pacific Economic Update, October 2021 : Long COVID
title_short World Bank East Asia and Pacific Economic Update, October 2021 : Long COVID
title_full World Bank East Asia and Pacific Economic Update, October 2021 : Long COVID
title_fullStr World Bank East Asia and Pacific Economic Update, October 2021 : Long COVID
title_full_unstemmed World Bank East Asia and Pacific Economic Update, October 2021 : Long COVID
title_sort world bank east asia and pacific economic update, october 2021 : long covid
publisher Washington, DC: World Bank
publishDate 2021
url https://documents.worldbank.org/en/publication/documents-reports/documentdetail/138851632895977756/main-report
http://hdl.handle.net/10986/36295
_version_ 1764484954430898176