East Asian economies face ‘profound’ impact from Covid-19 – World Bank


Estimates by World Bank economists imply emerging economies in South-east Asia and the Pacific could slip into recession this year, as the coronavirus outbreak is “profoundly affecting” the region.

A report published on March 30 sets out both “baseline” and “lower-case” scenarios for growth and other macroeconomic indicators. On the baseline, most countries avoid negative growth in 2020, except for Thailand and Timor-Leste. But the lower scenario is more severe, with the majority of countries

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: