North Asia vs South Asia: Differentiation is Key (DWS)
Within Asia, North Asia countries such as China, Taiwan, and South Korea emerged from the crisis relatively quicker than the rest of the world due to better crisis management with the extensive use of technological surveillance and large scale testing. Higher fiscal spend and stabilization measures contributed to the faster rebound. Due to the more efficient crisis management, the amount of fiscal stimulus required in North Asia is likely to be much less than in most developed countries.
However, there are certain countries in Asia, for example, India, the Philippines and Indonesia that are still facing an uphill battle in controlling the virus. These countries have less fiscal flexibility, a larger unemployed population, and are likely to be more susceptible to a resurgence in new cases. READ MORE
Similar Posts:
- Economic Prospects in Several Emerging Asia Countries (Wells Fargo Securities)
- Chart: Asia GDP Per Capita Has Risen Sharply Since 1960 (Aberdeen)
- Asia at a Crossroads: Demographics, Economics & Investment (State Street)
- Asia is Home to 50% of World’s Fastest Growing Companies (Nikkei Asian Review)
- India and Indonesia are Better Positioned to Survive Rising Oil Prices (CNBC)
- Looking Past the Hang-Ups for Asia’s Smartphone Industry (Franklin Templeton)
- Margetts’ Ricketts: Low Oil Prices Mean Asia and Emerging Market Funds Can Keep Rallying (FE Trustnet)
- New Fragile Five Facing a Forex Crisis: Argentina, Brazil, South Africa, Ukraine & Venezuela (Institutional Investor)
- Artemis’ Edelsten: Emerging Markets are Expensive With the Exception of China (What Investment)
- No Improvement in Asia Pacific Corporate Payments in 2015 (Coface)
Leave a Reply