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Richer nations in Asia-Pacific may recover faster than poorer counterparts post pandemic: Report
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Last Updated: Apr 25, 2021, 05:09 PM IST
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Synopsis A K-shaped global economic recovery.appears plausible. Most countries will take years to attain pre-pandemic income levels, said a joint report Responding to the COVID-19 Pandemic: Leaving no Country Behind by the ADB, UNDP and the UNESCAP.
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The report has suggested the countries in the region to design policies that ensure that no one, and no country, is left behind.
The richer countries in the Asia-Pacific region are likely to recover quickly from the impact of the coronavirus pandemic than their poorer counterparts because of variation in degree of immunity, healthcare system and vaccine roll-out, according to a report.