Senior Fellows/Fellows

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Senior Fellows/Fellows, Pandemic

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May 2020

What Do We Learn from SARS-CoV-1 to SARS-CoV-2: Evidence from Global Stock Markets

Hong RU, Endong YANG, Kunru ZOU
This paper studies global stock market reactions to COVID-19 outbreaks caused by the virus SARS-CoV-2. The stock markets in countries that suffered from 2003 SARS diseases caused by a similar virus (SARS-CoV-1) react more quickly and strongly to the first COVID-19 outbreak in Wuhan China during late...
Keywords: COVID-19, Underreaction, Early Experience, stock market
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Commentaries

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2020, Pandemic

Labour Markets During the COVID-19 Crisis: A Preliminary View

Olivier COIBION, Yuriy GORODNICHENKO, Michael WEBER
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Commentaries

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Senior Fellows/Fellows, 2020, Pandemic

Singapore: The State as Insurer of Last Resort

Bernard YEUNG, Joseph CHERIAN
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Commentaries

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2020, Pandemic

COVID-19 in the Global Production Network

Ben CHAROENWONG
Not only do firms around the world rely on many Asian companies for crucial supplies, Asian countries also represent a substantial component of global demand. An October 2019 report by the International Monetary Fund shows Asia represented 70.9% of global economic growth in 2019, with China alone co...
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Commentaries

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Senior Fellows/Fellows, 2020, Pandemic

International Trade Has Suffered a One-Two Punch. Can it Recover After COVID-19?

Davin CHOR
At the start of 2020, international trade was already under a protectionist cloud. Rising trade tensions between the US and the rest of the world, particularly China, had been in the economic headlines for three years, with US imports from China shrinking by a dramatic 17.7% between 2018–2019. Des...
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