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Asian Development Bank s Asian Development Outlook 2021: Discussion with Chief Economist Yasuyuki Sawada | East-West Center

Developing Asia’s recovery has strengthened. Manufacturing and trade have rebounded, remittances have been relatively resilient, and policy support has been strong. But outbreaks are reemerging, vaccination efforts face challenges, and tourism remains hobbled. For this webinar, Asian Development Bank (ADB) Chief Economist Yasuyuki Sawada discussed findings from ADB’s flagship economic publication, the SPEAKER BIOGRAPHIES Lesley Bearman Lahm is North American Representative of the Asian Development Bank. In this role, Ms. Lahm mobilizes financing and support for ADB’s developing member countries; shares development knowledge and experience; establishes and deepens partnerships with public, private, and nonprofit organizations in North America; and raises public awareness of ADB with key stakeholders in Canada and the United States. Ms. Lahm previously led strategy and policy development coordination for key strategic and institutional considerations relating to non-sovereign

Asian Development Outlook 2021 Launch

Asian Development Outlook 2021 Launch Event | Online, 2:00 p.m., Manila time (GMT+8), via Zoom Developing Asia’s recovery has strengthened. Manufacturing and trade have rebounded, remittances have been relatively resilient, and policy support has been strong. But outbreaks are reemerging, vaccination efforts face challenges, and tourism remains hobbled. This Asian Development Outlook 2021 launch webinar will discuss the outlook and risks for the region. Webinar attendees will have the chance to engage with the speakers and: Learn about the strength and drivers of recoveries across the region Understand the risks weighing on the region’s outlook  Obtain insights on policy responses, and potential long-term effects of the pandemic

Philippines may benefit from new globalization

Philippines may benefit from new globalization BusinessWorld 2/10/2021 © Provided by BusinessWorld Economic managers expect Philippine gross domestic product to have contracted by 8.5-9.5% last year. PHILIPPINE STAR/MICHAEL VARCAS By Reporter THE PHILIPPINES could benefit substantially from the ongoing massive shift in global trade, with the services sector likely to see the most gains, the Asian Development Bank (ADB) said. While the coronavirus pandemic and lockdowns disrupted global economy and trade, the ADB said Asia should adopt stronger trade liberalization and facilitation efforts so it can benefit from economies realigning their supply chain networks. “I do believe that the Philippines has a strong potential given that its post-pandemic trade landscape will give more weight on the digital and services trade,” ADB Economic Research and Regional Cooperation Department Director for Regional Cooperation and Integration Cyn-Young Park said during the launch

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