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The Costs of Covid: Australia’s Economic Prospects in a Wounded World
(Lowy Institute For International Policy, 2020-08-20)
After infecting more than 23 000 Australians and killing over 420, the coronavirus pandemic in Australia is fading sooner and with less economic damage than expected. While the secondary wave of infection in Victoria is a big setback and there may yet ...
Financial Market and Capital Flow Dynamics During the Covid-19 Pandemic
(Asian Development Bank Institute, 2020-06-30)
This paper empirically examines the reaction of global financial markets across 38 economies to the COVID-19 outbreak, with a special focus on the dynamics of capital flow across 14 emerging market economies. Using daily data over the period 4 January ...
Changes in Determinants of Financial Stress in Emerging Market Economies after the GFC
(Korea Institute for International Economic Policy, 2020-08-13)
Since the global financial crisis (GFC) in 2008, various forms of financial instability have repeatedly emerged when considering the European debt crisis, US interest rate hikes, plunge in commodity prices, and concerns about a hard landing in the ...
COVID-19 Impact on International Migration, Remittances, and Recipient Households in Developing Asia
(Asian Development Bank, 2020-08-07)
The coronavirus disease (COVID-19) pandemic risks devastating impact on economies around the world, including widespread unemployment and lower incomes. Toward the end of June 2020, workplace closures applied to 77% of country observations worldwide, ...
Tackling the COVID-19 youth employment crisis in Asia and the Pacific
(Asian Development Bank, 2020-08-16)
The coronavirus disease (COVID-19) pandemic has triggered a massive disruption of labour markets that has had disproportionate impacts on youth employment. Through lockdowns and travel restrictions, demand has slumped and many businesses have been ...
Poverty, the Middle Class, and Income Distribution amid COVID-19
(Philippine Institute for Development Studies, 2020-08-15)
Often development focus has been on measuring and analyzing poverty in order to reduce poverty. While the poor face future prospects of being perpetually trapped in poverty, the nonpoor also are vulnerable to poverty. Vulnerability has been particularly ...