Asia Consensus Survey

JCER/Nikkei Consensus Survey special web seminar

2020/07/10

Asian economies after the coronavirus outbreak: discussions based on the June survey

Panelists

Dr. Tirthankar Patnaik, Chief economist, National Stock Exchange of India

Mr. Ruben Carlo O. Asuncion, Chief Economist, Union Bank of the Philippines

Mr. Manu Bhaskaran, CEO, Centennial Asia Advisors, Singapore

(moderator)

Kiyoshi Kusaka, Principal Economist, Japan Center for Economic Research

Day and time: 14:00-15:50, Wed. July 8, 2020 (Japanese time)

Video 1: Current situation of COVID-19 pandemic and economies in Asian countries

Video 2: Economic prospects toward 2021 (2021/22)

Video 3: Medium to long-term changes following the corona outbreak

*The videos include English and Japanese information.

The main findings of the June survey include:

Economies have deteriorated drastically in five ASEAN countries and India due to the corona crisis. Negative growth rates were projected for these economies for 2020 (2020/21).
Economists expect recoveries from the second half of the year, on the condition that the coronavirus infection is properly managed.
In addition to acceleration of digitalization, economists expect increased realignments of industries, higher market volatility, decrease in potential growth rates and other changes following the corona crisis.

The panelists discussed topics on Asian economies based on the survey in the web seminar.

2020/07/10