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Emerging markets in Asia will recover at varied pace post pandemic: Moody's
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NEW DELHI : While economic growth has solidified across Asia's emerging markets, the pace of growth will vary depending on country and sector, while the coronavirus pandemic continues to pose the biggest risk in the near term, according to Moody's Investors Service. "Global economic activity picked up in the first half of the year, but recent data tells us that demand and supply are at risk from coronavirus resurgences in many countries.
For emerging markets, lower vaccination rates mean that authorities face the difficult trade-off between reopening economies to support livelihoods and imposing virus restrictions that save lives but dampen economic activity," Atsi Sheth, a Moody's managing director said.
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COVID-19
United States
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Cases: 46 252 513
Deaths: 750 423
Recovered: 0
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India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
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Brazil
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Cases: 21 835 785
Deaths: 608 235
Recovered: 0
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United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
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Russia
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Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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