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Senior Climate Economist, Washington, United States Organization: The World Bank Country: United States City: Washington Office: World Bank in Washington. ....
Analysis Asian airlines are suffering deeply as international doors remain closed. What s more, borders are unlikely to open at any scale until well into 2022. The slow and uneven pace of vaccine rollout in the region will play a very significant part in delays – probably magnified by the apparent disparities in recognition of vaccines, for example in the EU s Green Pass conditions, and in China s insistence on use of Sinovac. Also, hopes of even a series of bilateral bubbles appears a fragile hope, illustrated by the regular postponement of the Singapore-Hong Kong arrangement and the constant readjustment of the Australia-New Zealand bubble. The resurgence of the coronavirus in many markets across the region only serves to diminish those aspirations. ....
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