Although European capitals are loath to reintroduce the national lockdowns imposed in March, they are targeting restrictions on hospitality, entertainment and travel.
“No government wants to go back to where they were in March given the impact on the economy,” said Melanie Debono, European economist at Capital Economics. “But any restrictions may take longer to unwind so the virus doesn’t uptick again.”
Where we have seen policies to contain the virus, people have quickly returned to normal.
— Frederic Neumann, HSBC
By contrast, countries in the Asia-Pacific region – including New Zealand and Vietnam as well as Taiwan, South Korea and China – suppressed COVID-19 to lower levels and then maintained tighter controls against a resurgence. While Europe enjoyed its summer holidays, Asia kept international travel on hold.
Taiwan closed its borders early and followed that up with well-organised contact tracing, quarantine and social distancing to eliminate a few initial