KAS Japan Weekly Updates
Economic uncertainty amidst the COVID-19 pandemic
Economic uncertainty surged to a record high in the first quarter of 2020. The level of uncertainty associated with the COVID-19 pandemic is remarkably high compared to other outbreaks such as SARS and Ebola. Japan and India registered the highest levels of economic uncertainty in Asia. Addressing economic uncertainty requires coordinated action to restore confidence in and provide stability to the global economy.