ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print

World Bank sees 'three-speed' recovery across East Asia and Pacific

China and Vietnam lead the exit from pandemic as inequality deepens across region

Motorbikes in Hanoi: Vietnam is one of only two countries in East Asia and the Pacific out in front in terms of economic recovery, according to the World Bank.   © Reuters

BANGKOK -- The East Asia and Pacific region is experiencing a "three-speed" exit from the coronavirus pandemic and needs to reconfigure economic and fiscal policies to play a "triple role" of supporting relief, recovery and growth, the World Bank says in its regional Economic Update report issued Friday.

The report, based on surveys and research across East Asia and Pacific countries, highlights disparities in growth prospects of a region recovering from the impact of COVID-19 and harsh lockdown measures.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more