Why Asia and Europe Are Responding to the Same Crisis Differently
In Europe and Asia alike, policymakers must begin considering how to translate emergency measures into more sustainable policies. Their approaches may not be the same, but their objectives – protecting lives and livelihoods, especially those of the most vulnerable – should be.
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SINGAPORE/LUXEMBOURG CITY – COVID-19 has claimed more than 700,000 lives, infected over 19 million people, and decimated rich and poor economies alike. But, even as most of the world faces unprecedented recession, policy responses differ sharply. The contrast between Europe and Asia is a case in point.