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Asia's unequal recovery sounds alarm for global economic rebound

Asia’s unequal recovery sounds alarm for global economic rebound
The region accounted for more than two-thirds of global growth last year and began recovering from the COVID-19 economic crisis sooner than Western nations, making it a key barometer for the world
By Enda Curran, Siegfrid Alegado and Rieka Rahadiana / Bloomberg
Asia’s head start in the economic recovery from COVID-19 is sending a warning to the rest of the world: Inequalities exacerbated by the virus are unlikely to be reversed any time soon.
Even as the region’s rebound gathers pace, many workers who lost their jobs early in the crisis find themselves stuck in new positions with less pay. ....

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شركات التصنيع تتطلع إلى الهند بديلا عن الصين

شركات التصنيع تتطلع إلى الهند بديلا عن الصين
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Asia's unequal recovery sounds warning bells for global economic rebound

Asia’s head start in the economic recovery from Covid-19 is sending a warning to the rest of the world: inequalities exacerbated by the virus are unlikely to be reversed any time soon.
Even as the region’s rebound gathers pace, many workers who lost their jobs early in the crisis find themselves stuck in new positions with less pay. Economists caution that while a lasting shift toward the digital economy will create opportunities, it risks stoking divisions unless governments pour more investment into the workforce. The Asian Development Bank and International Labour Organization say as many as 15 million jobs for teenagers and young adults in the region could be lost this year. ....

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Global economic revival could be hurt by uneven recovery in Asia

Global economic revival could be hurt by uneven recovery in Asia
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ADB: PH economy bound for bigger contraction this year

ADB: PH economy bound for bigger contraction this year
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