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coronavirus economic cost

The Collapse of Malaysia’s Middle Class
August 01, 2021

The Collapse of Malaysia’s Middle Class

By Amrita Malhi
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?

COVID-19 Turned Vietnam’s State-Run Union’s Greatest Weakness Into Its Biggest Strength
July 29, 2021

COVID-19 Turned Vietnam’s State-Run Union’s Greatest Weakness Into Its Biggest Strength

By Joe Buckley
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.
Noriko Hama on the Tokyo Olympics and Japan’s Economy
July 21, 2021

Noriko Hama on the Tokyo Olympics and Japan’s Economy

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

Rising COVID Cases Obscure South Korea’s Economic Recovery
July 16, 2021

Rising COVID Cases Obscure South Korea’s Economic Recovery

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

Bank of Korea Highlights Risks to COVID-19 Economic Recovery
June 24, 2021

Bank of Korea Highlights Risks to COVID-19 Economic Recovery

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

COVID-19 Resurgence Threatens India’s Economic Recovery
April 14, 2021

COVID-19 Resurgence Threatens India’s Economic Recovery

By Prachi Priya and Aniruddha Ghosh
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. 

Global Trade Is Recovering From the Pandemic. North Korea’s Economy Isn’t.
April 12, 2021

Global Trade Is Recovering From the Pandemic. North Korea’s Economy Isn’t.

By Troy Stangarone
With its borders still locked down, North Korea isn’t benefiting from China’s return to growth. That’s unlikely to change anytime soon.
COVID-19 Made China’s Debt Problem Worse
March 18, 2021

COVID-19 Made China’s Debt Problem Worse

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

Sustainable Development Goals Can Guide Asia-Pacific To Build Back Better
March 17, 2021

Sustainable Development Goals Can Guide Asia-Pacific To Build Back Better

By Armida Salsiah Alisjahbana
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.

How COVID-19 Changed Asia
March 12, 2021

How COVID-19 Changed Asia

By Catherine Putz, Abhijnan Rej, Sebastian Strangio, and Shannon Tiezzi
A year after the official declaration of a global pandemic, how has the novel coronavirus reshaped the Asia-Pacific?

COVID-19 Threatens to Waste India’s Demographic Dividend
March 04, 2021

COVID-19 Threatens to Waste India’s Demographic Dividend

By Mohamed Zeeshan
The impacts of the pandemic on India’s youth threaten to last for years to come, undoing decades of progress on multiple fronts.
The Impact of COVID-19 on South Korean Trade in 2020
February 04, 2021

The Impact of COVID-19 on South Korean Trade in 2020

By Troy Stangarone
South Korea took minimal economic damage overall, but sector-specific impacts varied widely.

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