Still unclear when Asian economy will recover

It has already been two years since the coronavirus pandemic hit the region’s economy, yet there are no signs that this crisis will abate in the immediate future. Partially this could be contributed to the adoption of a so-called zero-Covid policy that uses lockdowns to combat any small coronavirus resuscitation. The question then becomes, will living with the virus help to put the economy back on track?

According to virologists, the virus is endemic, meaning that it will continue to circulate in pockets of the global population for years to come. In other words, the world needs to learn to live with it, as eradication is not the answer.

A Nature survey suggests that the future will depend heavily on the type of immunity people acquire through infection or vaccination and how the virus evolves. There is a belief that in zero-Covid regions there will be a continuous risk of disease outbreaks. The good news is that this could be quenched quickly by herd immunity if most people have been vaccinated.

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