Hong Kong 2020 BG

COVID-19 and the Global Economic Outlook for Asia
Hong Kong | May 7, 2020

The speakers at this event were Chicago Booth professors Chang-Tai Hsieh and Randall S. Kroszner and Hong Kong economist Richard Wong, AB ’74, AM ’74, PhD ’81 (Economics). The discussion was moderated by Henny Sender, chief correspondent for international finance at the Financial Times.

These are difficult times for Asia and the world. Millions of small businesses are temporarily closed, and many small-business owners aren’t sure they’ll be able to reopen. Meanwhile, families are struggling to make ends meet, while a global pandemic threatens their health.

The COVID-19 health crisis has led to a global economic crisis, with the IMF predicting that global growth could contract by 3 percent in 2020. This raises many important questions:

What are policymakers doing right now to help combat this crisis, and what should they be doing in the future? What is the economic impact of social distancing, and how long can we sustain this stagnation? What’s next for the global economy?

This event took place Thursday, May 7, 2020.

Featured Speakers

Chang-Tai-Hsieh EO 2020

Chang-Tai Hsieh

Phyllis and Irwin Winkelried Professor of Economics and PCL Faculty Scholar

Learn More about Chang-Tai Hsieh »

Kroszner Speaker

Randall S. Kroszner

Deputy Dean for Executive Programs and Norman R. Bobins Professor of Economics at Chicago Booth

Learn More about Randall S. Kroszner »

Richard Wong 2020

Richard Wong, AB ’74, AM ’74, PhD ’81 (Economics)

Professor of Economics at the University of Hong Kong

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Event Moderator

Henny Sender 2020 EO

Henny Sender

Chief Correspondent for International Finance at the Financial Times

Learn More about Henny Sender »