Beset with Sri Lanka’s economic crisis, Pakistan’s catastrophic floods, a global slowdown, and impacts of the war in Ukraine, South Asia faces an unprecedented combination of shocks on top of the lingering scars of the COVID-19 pandemic. Growth in the region is dampening, says the World Bank in its twice-a-year update, underscoring the need for countries to build resilience. Released on October 6, 2022, the latest South Asia Economic Focus, Coping with Shocks: Migration and the Road to Resilience, projects regional growth to average 5.8 percent this year - a downward revision of 1 percentage point from the forecast made in June. This follows growth of 7.8 percent in 2021, when most countries were rebounding from the pandemic slump.
At this seminar, Zoe Leiyu Xie, Senior Economist, Valerie Mercer-Blackman, Senior Economist, South Asia Office of the Chief Economist, World Bank, and Jean Nahrae Lee, Senior Economist, Office of Chief Economist for South Asia Region, World Bank, introduced the main findings of the South Asia Economic Focus (SAEF) October 2022 edition (South Asia Economic Focus "Coping with Shocks: Migration and the Road to Resilience").
Date/Time:
8am-9am, Tuesday, October 18, 2022 (Japan Standard Time)
Speakers:
Zoe Leiyu Xie
Senior Economist, Office of the Chief Economist for South Asia Region, World Bank
Valerie Mercer-Blackman
Senior Economist, Office of the Chief Economist for South Asia Region, World Bank
Jean Nahrae Lee
Senior Economist, Office of the Chief Economist for South Asia Region, World Bank
Presentation material:
Coping with Shocks: Migration and the Road to Resilience (PDF)
＊Updated after the seminer
Questions to the speaker:
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