Asia Economics Blog


Moderator:  Calla Wiemer (

PAST Web Lecture by Ayhan Kose: The World Economy in Times of COVID-19

When:  2 July 2020, 9:30-11:00am Singapore Time (GMT+8)

Host:  East Asian Institute, National University of Singapore

Registration: here



Professor Ayhan Kose
Director, World Bank Group’s Prospects Group

Professor Bert Hofman
Director, East Asian Institute, National University of Singapore

The COVID-19 pandemic has spread with alarming speed, infecting millions and bringing economic activity to a near standstill as countries imposed tight restrictions on movement to halt the spread of the virus. As the health and human toll grows, the economic damage is already evident. The global economy is expected to slide into its deepest recession since the second world war, despite unprecedented policy support. The pandemic is likely to leave lasting scars on the global economy by undermining consumer and investor confidence, human capital and global value chains. What are the short-term global implications of the pandemic? How will it affect long-term growth prospects? What should policymakers do to mitigate the damage and lay the foundations for a stronger recovery? This public lecture will address these questions.

About the Speaker:
Ayhan Kose is director of the World Bank Group’s Prospects Group. In this capacity, he leads the Bank’s work on global macroeconomic outlook, financial flows and commodity markets. Professor Kose is a nonresident senior fellow at the Brookings Institution, a research fellow at the Center for Economic Policy Research (CEPR) and a dean’s fellow at University of Virginia’s Darden School of Business. He taught at the University of Chicago’s Booth School of Business, INSEAD and Brandeis International Business School.

About the Moderator:
Bert Hofman, a Dutch national, is Director of the East Asian Institute at NUS and Professor of Practice at the Lee Kuan Yew School of Public Policy. Before joining NUS, he was with the World Bank for 27 years, 22 of which in Asia, and 12 of which on China. Prof Hofman was the World Bank Country Director for China 2014-2019, the Country Economist 2004-2008, and the Chief Economist for the World Bank in the East Asia

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