The COVID-19 pandemic has inflicted multiple shocks on the EAP region: the disease, domestic economic shutdowns, and reverberations from the rest of the world (Figure 1). Today, the domestic picture is positive with qualifications. The pandemic has so far been contained in part of the region, but not in Indonesia and the Philippines, and still threatens other countries, most recently Myanmar (Figure 2). The shutdowns have been mostly phased out and replaced by more targeted measures. However, the international picture is cloudy, albeit with a slim silver lining.
From Containment to Recovery
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