working hours decline

A security guard stands outside the Asian Development Bank's (ADB) headquarters in Manila in this May 5, 2008 file photo. The Asian Development Bank (ADB) listed plans on Thursday to make its watchdog department more independent after coming under fire from donor nations for compromising its effectiveness. REUTERS/Darren Whiteside
Global Economy

Global economic losses for Covid-19 may reach $8.8 trillion: ADB

New analysis updates findings presented in the Asian Development Outlook 2020, which estimated Covid-19’s global cost between $2 trillion and $4.1 trillion