ADB economists Matteo Lanzafame, Irfan Qureshi, Arief Ramayandi and Marcel Schroder answer questions about the possibility of a global recession and how it could affect Asia.
The Russian invasion of Ukraine has increased global oil market volatility. The economic impact of another oil price shock, should it materialize, would be significant.
As new virus outbreaks emerge in developing countries in Asia, vaccines are changing the nature of the pandemic by rendering COVID-19 a much less deadly disease. Governments are responding with milder containment measures.