FAO, Food and Agricultural Organisation (2020) The Effect of covid-19 on fisheries and aquaculture in Asia. Food and Agricultural Organisation (FAO), Bangkok.
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This paper provides an update, incorporating new data, developments and observations. During its writing, the pandemic was in full swing with no clear end in sight. Circumstances were still fluid. The future remains unclear. The nature and dynamics of the pandemic are manifold. Efforts to contain it, relieve its immediate impacts, and cope with and mitigate its growing number of effects, have been fraught with uncertainties. Economically, the International Monetary Fund (IMF) projects global GDP to contract by 3 percent in 2020, down substantially from 2.9 percent growth in 2019 (IMF, 2020). The Asian Development Bank (ADB) forecasts growth in developing Asia will be 2.2 percent, down from its prepandemic forecast of 5.5 percent (ADB, 2020). The economic slowdown will likely lead to food insecurity, widespread unemployment, and exacerbation of social inequities.
| Item Type: | Documents |
|---|---|
| Keywords: | Covid, Aquaculture, FAO, Asia, Economic Impact, International Monetary Fund (IMF), Asian Development Bank (ADB), Food Security, Unemployment, Social Equity |
| Subjects: | Disasters and Climate Change |
| Depositing User: | Varsha V icsf |
| Date Deposited: | 15 Dec 2021 07:03 |
| Last Modified: | 15 Dec 2021 07:03 |
| URI: | http://icsfarchives.net/id/eprint/5901 |
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