Key Indicators for Asia and the Pacific 2022
Channel: Asian Development Bank
Date: 2022-08-24

Last year showed several reasons for optimism. Cyclical industries recovered gradually. Consumer demand and confidence levels increased. More economic activities resumed. At the same time, the emergence of more contagious COVID-19 variants, inflationary pressures, debt burdens, and heightened geopolitical risks are dampening hopes for an immediate economic recovery. Pandemic scarring remains a big concern if setbacks in poverty reduction, gender equality, and education are not immediately addressed. Other concerns include uncertainties such as armed conflict involving key global actors. There are also looming threats to food security and energy price shocks.

Chapters:
00:00 Economic recovery and uncertainties
00:55 Towards better social mobility
03:05 Impacts of the global chip shortage


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