Kansai Economic Insight Quarterly Vol.48
Abstract
Slump in private demand to precipitate recession in FY2019-2020
-Forecast update reflecting the latest GDP estimates and the impact of the coronavirus-
▶Our forecast for Kansai’s real GRP growth is -0.2% in FY 2019, -0.5% in FY 2020 and +1.1% in FY 2021. FY2019 growth was revised down by -0.3%pt, and FY2020 growth by -0.7%pt, reflecting the impact of social distancing, self-quarantines and reduced economic activities due to the coronavirus outbreak.
- KEIQ_No48_ENPDF
著者
INADA, Yoshihisa
Director of Research & Derector of Center for Quantitative Economic Analysis(CQEA), Asia Pacific Institute of Research and Professor emeritus, Konan University
Macroeconomics, Applied Econometrics, Economic Forecasting
KARAVASILEV, Yani
Associate Professor, Kwansei Gakuin University and Research Fellow, Asia Pacific Institute of Research
Economic Development, Foreign Direct Investment, International HRM, the Asian and Japanese Economies