Asia In-Depth Podcast: Assessing the Global Economic Fallout of the Coronavirus
Two people walk by a closed bar with a sign that reads, ' WE WILL BE BACK' during the coronavirus pandemic on April 27, 2020 in New York City. Global lockdowns have had a profound impact on businesses big and small.
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As countries all over the world continue to grapple with the coronavirus, businesses large and small are struggling to cope with the profound economic consequences of widespread lockdowns. As unemployment surges — and demand plummets — trade, supply chains, and investments have taken a nosedive.
How bad will things get for the global economy? What will it take to get countries — and companies — back on track?
In this episode, former executive director of Asia Society Southern California and journalist Jonathan Karp speaks to three investment experts who analyze the economic fallout in three different regions. John Emerson, the vice chairman of Capital Group International, and former U.S. ambassador to Germany, offers his perspective on Europe. Dr. Weijian Shan, chairman and CEO of private equity firm PAG, looks at China; and finally, Howard Marks, co-chairman of Oaktree Capital Management, evaluates the damage in the U.S.
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