Pantheon Macroeconomics

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20th Jun 2022 00:10Emerging Asia, Daily Monitor, Weekly Monitor

Covid is slowly resurfacing on the authorities’ radars in EM Asia, but we see no reason to panic. 

That said, the region arguably faces the biggest black swan risks, due to very low booster coverage. 

Spending growth in the Philippines can’t go back to Duterte-era rates with Diokno’s 3% deficit target. 

covid-19 deficit election government monetary policy nominal gdp policy private consumption q1 q1 gdp spending growth us

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Keywords for: EM Asia Faces Trivial--but not Non- Zero--Renewed Risks from Covid

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