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coronavirus economic cost

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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.

Russia’s Losing Bet on China in a Post-COVID World
February 03, 2021

Russia’s Losing Bet on China in a Post-COVID World

By Nicholas Trickett
China’s economic maturation into a consumer economy is a gut punch to Russia’s economic model.

South Korea’s Vision for a More Inclusive Pandemic Recovery
January 28, 2021

South Korea’s Vision for a More Inclusive Pandemic Recovery

By Kyle Ferrier
South Korea was already struggling with economic inequality. The pandemic has made things worse.
Pandemic Border Restrictions Crush Hong Kong’s Economy
December 16, 2020

Pandemic Border Restrictions Crush Hong Kong’s Economy

By Tej Parikh
Hong Kong's tight restrictions on travel amid COVID-19 are taking a toll on an already-suffering economy.

Pandemic Puts Indonesia Into 1st Recession in 20 years
November 06, 2020

Pandemic Puts Indonesia Into 1st Recession in 20 years

By Niniek Karmini
After two quarters of contraction, Indonesia is officially in its first recession since the Asian financial crisis.
China’s ‘Secret Weapon’ Against COVID-19 Won’t Work for Post-Pandemic Economic Recovery
October 30, 2020

China’s ‘Secret Weapon’ Against COVID-19 Won’t Work for Post-Pandemic Economic Recovery

By Zhuoran Li
The CCP was able to mobile its people to fight COVID-19. It's having a harder time convincing Chinese to spend money.

South Korea Looks to Cap Public Debt, But Is It Actually a Problem?
October 16, 2020

South Korea Looks to Cap Public Debt, But Is It Actually a Problem?

By Kyle Ferrier
South Korean President Moon Jae-in has heavily leaned on government spending to drive growth. But overall debt remains relatively low.

How to Promote Chinese Foreign Trade in the Post-Pandemic Era?
October 08, 2020

How to Promote Chinese Foreign Trade in the Post-Pandemic Era?

By Xiaomeng Kang and Dingding Chen
As COVID-19 speeds up changes to global trade networks, China’s government and companies must adapt.

Can Japan’s New Suga Administration Steer the Battered Economy Toward Growth?
September 25, 2020

Can Japan’s New Suga Administration Steer the Battered Economy Toward Growth?

By Thisanka Siripala
All eyes are on the Suga administration’s policy agenda after committing to advancing his predecessor’s Abenomics growth strategy.
How COVID-19 Wreaked Havoc on South Korea’s Labor Market
August 28, 2020

How COVID-19 Wreaked Havoc on South Korea’s Labor Market

By Vladimir Hlasny
Despite a resolute response by the government, COVID-19 has taken a serious bite out of the South Korean economy.

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