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...
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INFORMATION
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2020/09/30
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Publication
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153414
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1
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2020/09/30
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Disclosed
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World Bank East Asia and Pacific Economic Update, October 2020 : From Containment to Recovery
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global value chain
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