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.
Coronavirus shock exposes how unstable economic growth has been


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.