The government needs to also think of long term economic revitalisation

牛津经济学院的报告指出,仰赖中国游客的泰国在中国实施禁止人民出国旅游后,其国内的旅游业受到重创,同时也影响了旅游业占国内总生产值(GDP)高达25%的菲律宾。
新加坡今年的全年经济增长率预估为0.5%至2.5%,这是考虑到贸易战争之后的数据,新冠肺炎是政府始料未及的变数。
而在经济学中,需求与供给是最基本的要素,当需求大量降低,就会发生经济衰退,尤其马来西亚这一类较为依赖国际出口以及国际贸易的国家势必会受到一定的冲击。
我觉得,经济振兴配套自然是其中一个能止住颓势的方式之一,但也只能解决燃眉之急,政府需要思考的是更长远的经济计划。
According to a report by the Oxford Institute of Economics, Thailand’s domestic tourism, which largely relies on Chinese tourists, has been hit hard after China implemented a travel ban. The sudden halt in tourism also affects the Philippines, where the industry accounts for up to 25% of GDP.
Singapore ’s annual economic growth rate this year is estimated to be between 0.5% and 2.5%. This is after taking into account the trade war. The COVID-19 outbreak is an unexpected variable for the government.
Market demand and supply are the most basic elements of economics. When demand is greatly reduced, an economic recession occurs. In particular, Malaysia, a country that is more dependent on international exports and international trade, is bound to be affected.
Yes, a stimulus package is one way to cushion our fall, but it is only a stop gap measure. The government needs to also think of long term economic revitalisation.