Policy Advice to Asia in the COVID-19 Era /

The Asia-Pacific region was the first to be hit by the COVID-19 pandemic; it put a strain on its people and economies, and policymaking became exceptionally difficult. This departmental paper contains the assessment of the key challenges facing Asia at this critical juncture and policy advice to the...

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Bibliographic Details
Main Author: Rhee, Changyong
Other Authors: Svirydzenka, Katsiaryna
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2021.
Series:Departmental Papers; Departmental Paper ; No. 2021/004
Online Access:Full text available on IMF
Description
Summary:The Asia-Pacific region was the first to be hit by the COVID-19 pandemic; it put a strain on its people and economies, and policymaking became exceptionally difficult. This departmental paper contains the assessment of the key challenges facing Asia at this critical juncture and policy advice to the region both to address the current challenges and to build the foundations for a more sustainable and inclusive future. The paper focuses on (1) adjusting to the COVID-19 shock, (2) using unconventional policies when policy space is limited, (3) dealing with debt, and (4) helping the vulnerable and greening the recovery. The paper first presents the different ways countries are adjusting to the COVID-19 shock.
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Physical Description:1 online resource (105 pages)
Format:Mode of access: Internet
ISSN:2616-5333
Access:Electronic access restricted to authorized BRAC University faculty, staff and students