亚洲开发银行：2020年亚洲发展展望（英文版）(15页).pdf

1、ASIAN DEVELOPMENT BANK APRIL 2020 ASIAN DEVELOPMENT OUTLOOK 2020 WHAT DRIVES INNOVATION IN ASIA? Special Topic: The Impact of the Coronavirus OutbreakAn Update Asian Development Outlook 2020 What Drives Innovation in Asia? After a disappointing 2019, growth prospects in developing Asia have worsened

2、 under the impact of the current health crisis. Signs of incipient recovery near the turn of this year were quickly overthrown as COVID-19 broke out in January 2020 in the regions largest economy and subsequently expanded into a global pandemic. Disruption to regional and global supply chains, trade

3、, and tourism, and the continued spread of the outbreak, leave the region reeling under massive economic shocks and fi nancial turmoil. Across Asia, the authorities are responding with policies to contain the outbreak, facilitate medical interventions, and support vulnerable businesses and household

4、s. Assuming that the outbreak is contained this year, growth is expected to recover in 2021. Especially to face down fundamental threats such as the current medical emergency, innovation is critical to growth and development. As some economies in developing Asia challenge the innovation frontier, ma

5、ny others lag. More and better innovation is needed in the region to sustain growth that is more inclusive and environmentally sustainable. Five key drivers of innovation are sound education, productive entrepreneurship, high-quality institutions, ef cient fi nancial systems, and dynamic cities that

6、 excite knowledge exchange. The journey to creating an innovative society takes long-term commitment and hardwork. About the Asian Development Bank ADB is committed to achieving a prosperous, inclusive, resilient, and sustainable Asia and the Pacifi c, whilesustaining its ef orts to eradicate extrem