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Opinion

Asia needs rapid action to prevent millions falling into poverty

Coronavirus shock exposes how unstable economic growth has been

| Indonesia
A child and her mother rest inside a shelter for people who are unable to feed themselves in Manila on April 1: developing Asia must bail out households.   © Getty Images

William Pesek is an award-winning Tokyo-based journalist and author of "Japanization: What the World Can Learn from Japan's Lost Decades."

Is Asia's era of rapid poverty reduction behind it? The World Bank certainly seems to think so.

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