Job, Income Losses Severe Particularly in Southeast Asia: ADB

The video discusses the severe impact of COVID-19 on jobs and income globally, with a focus on Southeast Asia. It highlights the loss of millions of jobs and the increase in poverty levels. The discussion covers economic recovery efforts, including stimulus measures and the role of vaccines in boosting public confidence. The video also examines the long-term impacts on inequality and the potential for structural reforms in the region. Different definitions of poverty and regional variations are explored, emphasizing the need for targeted recovery measures.

How do different countries define and measure poverty, and what thresholds do they use?

In what ways can the pandemic be seen as an opportunity for structural reforms in Southeast Asia?

What challenges do informal labor sectors face in the context of the pandemic's economic impact?