Five Windows of Opportunity for Postpandemic Asia
While deep uncertainty remains, Asia has exhibited resilience in the face of the COVID-19 shock. GDP growth has been relatively stable. The gross Asian economy contracted by 1.5 percent in 2020, while the world economy shrank by 3.2 percent. Asia is also expected to rebound faster. In this article by the
McKinsey Global Institute and McKinsey & Company offices in Asia, Wonsik Choi, Jeongmin Seong, Oliver Tonby, and Jonathan Woetzel highlight five windows of regional opportunity. They note the considerable economic momentum that enables corporations in Asia to enhance profit pools and unlock productivity by accelerating digital adoption.
https://www.mckinsey.com/featured-insights/asia-pacific/five-windows-of-opportunity-for-postpandemic-asia
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