East Asia Digest by Ambassador Gautam Bambawale | April 2020
H I G H L I G H T S • Overview • Developments in China• Developments in Japan• Developments in South Korea• US-China Trade and Technology War I Overview China:• China quietly increases number of deaths in Wuhan city due to Corona virus by 50%• China’s Economy contracted in Q1• Leadership meetings held in Beijing• […]
Africa Digest by Pramit Pal Chaudhuri | April 2020
Africa And COVID-19 First Recession in 25 Years: The Covid-19 pandemic and the commodity and tourism crash it has triggered will push Africa into a recession for the first time in 25 years, said the World Bank. Africa may be the worst-affected continent by the present crisis. The World Bank calculates sub-Saharan Africa will see growth fall […]
Indian Economy Review | April 2020
Making growth forecasts post-Covid becomes more difficult How serious will be the impact of the Covid-19 outbreak on India’s economic growth? The range of estimates on India’s growth of gross domestic product (GDP) in 2020-21 is quite wide and, therefore, puzzling. It is difficult to state with certainty at this point in time which forecast […]