Towards post-COVID-19 resilient economies
The 2021 Economic and Social Survey of Asia and the Pacific (Survey 2021) indicated that slow regional progress in implementing the transformative 2030 Agenda for Sustainable Development has exacerbated the vulnerability of economies to shocks such as the COVID-19 pandemic. While governments have developed a broad range of policy responses, there are opportunities to use these policies to not only mitigate immediate adverse impacts from the pandemic but also to strengthen pandemic preparedness and resilience in the future. The Survey 2021 emphasized that, in going forward, countries should prioritize a better alignment of the COVID-19 recovery packages with the 2030 Agenda.
Countries in East and North-East Asia have taken steps to build more resilient and sustainable economies going into the post-pandemic recovery phase, with differentiated strategies in line with their national priorities. There is also strong commitment to pursue multilateral cooperation recognizing that transboundary issues remain. The policy dialogue aims to inform on the policy packages of North-East Asian economies to build more resilient and sustainable economies. Acknowledging the differentiated strategies across countries, country experiences will highlight the different dimensions of the “building forward better” package. Potentials for regional cooperation and collaboration will be given focus.