Waves of COVID-19 infection continue to lap around the world. Developing markets such as Brazil, India and South Africa are struggling to contain the disease, while a number of other countries are easing lock-downs and starting to revive their economies. The battle is far from won, but six months on from COVID’s arrival we can begin to take stock.
China – and the rest of the Asia Pacific region – could provide the West with some indication of what is to come as lockdowns are loosened and commerce is gradually rebooted. However, whilst fiscal and monetary policies continue to play a crucial role in how this pandemic unfolds, one thing the past month has shown is that sectors, regions and countries are reacting and performing differently. A lot of that boils down to the varied cultures, supply chains and economic structures, including the datasets each country uses.