coronavirus economic cost

The pandemic may have waned, but its economic impact continues to reverberate on the nation's streets.

The urban unemployment crisis, sparked by the COVID-19 pandemic, continues to drag India’s economy down.

Signs of economic downturns in Shanghai and Guangdong are especially troubling, considering the outsized role they play in China’s overall economy.

China’s stock market woes added to a broader economic downturn in recent weeks, amid tough lockdowns in major cities.

It is critical that policymakers understand the full impact of the pandemic on the economy and human development.

If China wants to meet its 5.5 percent growth target, it will have to change its macroeconomic policy.

Of course the COVID-19 pandemic played a role, but there is another factor at play: pressure from international organizations to avoid debt.

The COVID-19 pandemic worsened the circumstances of those already being left behind. At the same time, COVID-19 has created a generational opportunity to build a more equitable and sustainable world.

The growing lockdowns in response to the Omicron outbreak raise the threat of trade disruptions.

The Duterte government is going to try to spend its way out of any lingering economic headwinds from the pandemic, and it is not afraid to run deficits to do so.

China’s “zero tolerance” strategy of trying to isolate every case and stop transmission has succeeded in keeping COVID-19 at bay – but at a steep price.

China’s shipping delays to African countries in particular are the result of global trends. They need a global solution.

India has witnessed a drop in living standards across all income tiers, significantly denting its efforts to catch up to China.

On the 50th anniversary of Malaysia’s New Economic Policy, the middle class it famously built may be collapsing. Will its goal of national unity collapse with it?

The Vietnam General Confederation of Labor may be unable to fight for workers' rights, but it is well-placed to help them amid the COVID-19 crisis.

The Olympics will end up being a "net negative" for Japan, Hama predicts.

Just as South Korea's economy began to pick up steam, a new surge brought the tightest social distancing requirements since March 2020.

The latest Financially Stability Report provides a picture of South Korea’s overall financial health – and there’s some worrying news.

Just when there was growing optimism over India’s economic rebound, the second COVID-19 wave has come as a rude shock to businesses and consumers alike. 

With its borders still locked down, North Korea isn’t benefiting from China’s return to growth. That’s unlikely to change anytime soon.

With debt soaring amid the pandemic, the government’s deleveraging struggle slogs on.

The region fell short of its 2020 milestones for the Goals, even before entering the global pandemic. As the Asia-Pacific rebuilds, it must change course.

A year after the official declaration of a global pandemic, how has the novel coronavirus reshaped the Asia-Pacific?

The impacts of the pandemic on India’s youth threaten to last for years to come, undoing decades of progress on multiple fronts.