cover image: World Bank East Asia and Pacific Economic Update, October 2020 : From Containment to Recovery

20.500.12592/bgnsb5

World Bank East Asia and Pacific Economic Update, October 2020 : From Containment to Recovery

28 Sep 2020

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.
covid-19 coronavirus trade poverty fiscal policy recession social protection debt economic growth human capital productivity financial sector economic outlook volatility macroeconomics and economic growth :: economic growth poverty reduction :: employment and shared growth macroeconomics and economic growth :: fiscal & monetary policy macroeconomics and economic growth :: economic forecasting pandemic impact

Authors

World Bank

Associated content
Country Pages
Collection(s)
World Bank East Asia and Pacific Economic Update Bahasa PDFs Available Chinese PDFs Available Vietnamese PDFs Available Thai PDFs Available
DOI
http://dx.doi.org/10.1596/978-1-4648-1641-3
Published in
United States of America
Rights
CC BY 3.0 IGO
Rights Holder
World Bank
Rights URI
http://creativecommons.org/licenses/by/3.0/igo
URI
http://hdl.handle.net/10986/34497
citation
“World Bank. 2020. World Bank East Asia and Pacific Economic Update, October 2020 : From Containment to Recovery . Washington, DC: World Bank. © World Bank. https://openknowledge.worldbank.org/handle/10986/34497 License: CC BY 3.0 IGO.”

Files

211641ovBAHASA.pdf

Human Capital Figures.xlsx

Trade Figures.xlsx

East-Asia-and-Pacific-Economic-Update-Background-Paper-B-1-Fiscal-Response-and-Debt.pdf

Social Protection Figures.xlsx

East-Asia-and-Pacific-Economic-Update-Background-Paper-B-3-Productivity.pdf

East-Asia-and-Pacific-Economic-Update-Background-Paper-B-6-Trade.pdf

East-Asia-and-Pacific-Economic-Update-Background-Paper-A-2-Short-term-Fluctuations-and-Implications-for-Growth.pdf

Fiscal Response and Debt Figures.xlsx

East-Asia-and-Pacific-Economic-Update-Background-Paper-B-5-Human-Capital.pdf

Potential Growth Figures.xlsx

Financial Sector Figures.xlsx

211641ovCH.pdf

EAP Economic Update Oct 2020 Figures.xlsx

211641ov.pdf

East-Asia-and-Pacific-Economic-Update-Background-Paper-A-1-Recent-Developments-and-Prospects.pdf

Productivity Figures.xlsx

211641ovVIET.pdf

East-Asia-and-Pacific-Economic-Update-Background-Paper-B-2-Financial-Sector.pdf

Recent Developments and Prospects Figures.xlsx

211641ovTHAI.pdf

East-Asia-and-Pacific-Economic-Update-Background-Paper-B-4-Poverty-and-Social-Protection.pdf

9781464816413.pdf

Related Topics

All