Main content

ADB: developing Asian economies will contract

The Asian Development Bank expects a contraction for developing Asian economies this year.

The Asian Development Bank expects a contraction for developing Asian economies this year. Abdul Abiad of the ADB's macroeconomic research division in Manila explains it's the first time they've seen such a widespread contraction in nearly six decades. Also in the programme, as November's US election approaches, the Βι¶ΉΤΌΕΔ's Ed Butler has been discovering the coronavirus pandemic, coupled with the employment crisis it has triggered, has had a huge impact on families who have lost their health insurance coverage. Plus, we explore what might happen to the unemployment picture in the UK as the end of the government's furlough scheme approaches.

(Picture: An Asian Development Bank logo. Picture credit: Getty Images.)

Available now

27 minutes

Last on

Tue 15 Sep 2020 14:32GMT

Broadcast

  • Tue 15 Sep 2020 14:32GMT