From Pandemic to Endemic: AMRO’s 10 Recommended Commentaries of 2021

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In 2021, the prolonged pandemic continues to cast a shadow on the global economy, but we could see a glimmer of light at the end of the tunnel. Economic recovery in the ASEAN+3 region is on track, underpinned by faster vaccination rollouts, the availability of new COVID-19 treatments, and supportive policy measures.

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China: Transitioning From Economic Recovery to High-Quality Inclusive Growth

China’s economic recovery from the downturn due to the COVID-19 pandemic remains on track, and policies have been geared toward pursuing high-quality growth. In recent months, growth momentum weakened due to the moderating global economic recovery and several shocks.

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Thailand’s Recovery Hinges on Faster Vaccination, Supportive Macroeconomic and Structural Policies

Thailand’s economy is expected to recover gradually — although unevenly across sectors — with growth likely to recover to 0.8 percent in 2021 before rebounding to 5.8 percent in 2022.

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Higher Vaccination Rate, Continued Fiscal Support, and Structural Reforms Crucial for Indonesia’s Sustainable Recovery

Indonesian economy has regained traction and is on track to a firm recovery as a result of the government’s effective containment of the Delta variant outbreak and ongoing policy supports, amid strong external demand.

Continue ReadingHigher Vaccination Rate, Continued Fiscal Support, and Structural Reforms Crucial for Indonesia’s Sustainable Recovery