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Jcer asia survey-overview-20201220
The document summarizes the results of the JCER/Nikkei Consensus Survey on Asian Economies from December 2020. Key points include: - Economists expect Asian economies to recover in 2021 following 2020 declines due to COVID-19, but the recovery is projected to be slow and uncertain depending on vaccine effectiveness and availability. - Growth is projected to return to pre-COVID levels for most economies in 2022, not 2021. ASEAN5 growth is forecast at -5.0% for 2020 and 4.3% for 2021. - India's growth forecast was revised up to -8.2% for 2020/21 and 9.1% for 2021/22, still facing challenges from
