In this webinar about the Asian economy's recovery prospects after the inevitable global economic damage caused by COVID-19, Adam Posen, Ph. D President of the Peterson Institute for International Economics and Yasuyuki Sawada, Ph. D, Chief Economist of the Asian Development Bank discussed the ways in which COVID-19 has restructured the global economy, the impacts on long and short term economic growth in Asia, and the ways in which the outlook for Asia’s economy changed and has not changed in the wake of COVID-19.

The speakers discussed the concept of Asian economic leadership on the global stage. The focus of the conversation lay in the methods by which positive outcomes for the Asian economy can come about through the basis of such global leadership. Posen voiced his strong concern about his view of inevitable slow long term growth for wealthy nations, and the quick long term growth for relatively poorer nations, while Sawada reassured the audience with an optimistic outlook for the Asian economy even amidst the pandemic and as recent clashes between nations in the form of trade wars that have taken place.

Thank you to our speakers for their insightful contributions, and to our audience for tuning in.

You can access the audio and video recordings HERE.

Speakers:

Adam Posen, Ph.D
President of the Peterson Institute for International Economics

Yasuyuki Sawada, Ph.D
Chief Economist of the Asian Development Bank