Hello from the other side - Asia's bigger structural challenges unmasked
Economies that focus on productivity reforms will fare better in the recovery from Covid-19.
Add BT as a preferred sourceAS ECONOMIES reopen, one of the key debates is the type of cyclical and structural changes we will see as a result of Covid-19 and, more importantly, how these changes will influence Asia's medium-term outlook and reset the relative growth stories in the region.
In this context, we outline three cyclical and structural changes, and discuss the implications these could have on the medium-term growth outlook for Asia.
The first cyclical change is the impact of Covid-19 on the balance sheet of economies in the region. Every recession has left an indelible mark on macro balance sheets.
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