ADB Cuts Regional Forecast
But individual economic performances mirror Covid-19 approach
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The Asian Development Bank has had to make a second cut in its forecasts for Asian economies in 2020 and its estimates for recovery in 2021 are rather tentative. There is still a great amount of guesswork and ADB forecasts are a little more optimistic than those of many private sector economists.
Nonetheless, they make interesting reading as they point …