South-East Asia Regional Conference on Epidemiology

Country
Fig. 4: Growth shocks
<strong>South</strong>-<strong>East</strong> <strong>Asia</strong> <strong>Regional</strong> <strong>Conference</strong> on Epidemiology | 131
Projected GDP per capita (% annual change)
Baseline Revised Diff =revised Šbaseline
2009 2010 2009 2010 2009 2010
China 8.7 8.2 5.5 6.5 -3.2 -1.7
Bangladesh 4.7 4.2 3.8 2.2 -0.9 -2
India 5.8 5.9 3.4 4.8 -2.4 -1.1
Sri Lanka 5.5 4.7 2.1 5.3 -3.4 0.6
Pakistan 4.6 3.8 -0.7 0.6 -5.3 -3.2
Indonesia 4.5 4.3 -2.4 -0.5 -6.9 -4.8
Malaysia 4.9 3.8 -4.8 -0.8 -9.7 -4.6
Philippines 3.7 3.1 -2.3 -0.1 -6 -3.2
Thailand 3.9 4.1 -5.1 1.2 -9 -2.9
Vietnam 7 5.1 -0.7 0.1 -7.7 -5
<strong>Asia</strong>* 5 5.6 -0.3 3.1 -5.3 -2.5
Fig. 5: Impact on poverty and vulnerability in <strong>Asia</strong>
3.3 Impact of the crisis on health and education spending
In most countries in the region, spending on health and education will be reduced for both public
and private expenditures (Fig. 6). However, what is important to note is that reduction in public
expenditure for education is expected to be less than the reduction in public expenditure for health.
This is because of what economists call elasticity. Elasticity is a ratio comparing changes. G. Wan has