KAS Japan Weekly COVID-19 Updates - 日本事務所・アジア経済政策プログラム (SOPAS)
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KAS Japan Weekly COVID-19 Updates
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ペレズ・ クリスティタ・マリー
Updates on the latest economic outlook for developing Asia
Growth will slowdown to 2.2% while inflation will rise to 3.2% in 2020 due to the COVID-19 pandemic. No country will escape the economic impact of the pandemic but more open, trade and tourism-dependent countries will be hit the hardest. The economic impact may spillover to the rest of the economy and trigger a financial crisis if governments fail to take quick and decisive policy actions.
