Regional Economic Outlook for Asia and Pacific Region: Navigating the Pandemic: A Multispeed Recovery in Asia

ByInternational Monetary Fund. Asia and Pacific Dept

October 30, 2020

Summary

The coronavirus disease (COVID-19) pandemic is still unfolding around the globe. In Asia, as elsewhere, the virus has ebbed in some countries but surged in others. The global economy is beginning to recover after a sharp contraction in the second quarter of 2020, as nationwide lockdowns are lifted and replaced with more targeted containment measures.

Subject: COVID-19, Crisis management, Crisis recovery and resolution planning, Economic forecasting, Gender inequality, Income inequality, Loss of jobs, Monetary policy, Poverty and inequality, Regional Economic Outlook

Keywords: COVID-19, crisis management, exit strategy, inequality, job loss, lockdowns, monetary policy, recovery, reopening, risk, uncertainty

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REOAPDEA2020002
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Regional Economic Outlook