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publication September 27, 2021

Long COVID: East Asia and Pacific Economic Update, October 2021

Group of students wearing protective mask to Protect Against Covid-19 use laptop to have online class happily at Thailand school classroom. Photo credit: Getty Images

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DISCOVER THE REPORT


Part I. Recent developments


Part II. Growth and inequality


COVID-19¨CRELATED POLICY ISSUES EXAMINED IN RECENT ECONOMIC UPDATES 

Previous updates have focused on a number of other policy issues, including:

(1) Vaccination to contain COVID-19;
(2) fiscal policy for relief, recovery, and growth;
(3) climate policy to build back better;
(4) smart containment of COVID-19, especially through non-pharmaceutical interventions like testing-tracing-isolation;
(5) smart schooling to prevent long-term losses of human capital, especially for the poor;
(6) social protection to help households smooth consumption and workers reintegrate as countries recover;
(7) support for firms to prevent bankruptcies and unemployment, without unduly inhibiting the efficient reallocation of workers and resources;
(8) financial sector policies to support relief and recovery without undermining financial stability; and
(9) trade reform, especially of still-protected services sectors¡ªfinance, transport, communications¡ªto enhance firm productivity, avert pressures to protect other sectors, and equip people to take advantage of the digital opportunities whose emergence the pandemic is accelerating.