Families throughout Asia and the Pacific rely on money sent by relatives overseas. These remittances are threatened by the pandemic but policy actions can help.
Matteo is a macroeconomist and conducts research in many areas, with a particular focus on growth and development issues. He is part of the team that produces ADB's Asian Development Outlook and conducts macroeconomic surveillance and monitoring. Prior to joining ADB in 2019, Matteo was Associate Professor of Political Economy at the University of Messina, in Italy. He holds an MA in Development Economics and a PhD in Economics from the University of Kent, in the UK.
Results 1 - 8 of 8
The pandemic represents a severe challenge for policymakers in Asia. They need a response that will help economies achieve a more efficient and fairer allocation of resources in the economy, enhancing productivity, economic growth and employment.
Finance, globalization, technology and urbanization – key drivers of economic growth – can lead to more or less inequality—depending on how prevalent they are in the economy.
The pandemic has worsened inequality on many fronts. Pro-active macroeconomic policy combined with labor retraining programs and increased social protection are needed.
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.