Revitalising Asean Economies In A Post-covid-19 World: Socioeconomic Issues In The New Normal

Revitalising Asean Economies In A Post-covid-19 World: Socioeconomic Issues In The New Normal
Author: Hooi Hooi Lean
Publisher: World Scientific
Total Pages: 283
Release: 2022-05-09
Genre: Business & Economics
ISBN: 9811228485

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The novel coronavirus (COVID-19) pandemic was reported in China in December 2019, and later spread to other parts of the world. Countries in Southeast Asia were some of the first nations affected by the pandemic due to their geographical proximities and trade relations with China. In January 2020, the virus spread to some countries within the Association of Southeast Asian Nations (ASEAN). The number of confirmed cases kept increasing within ASEAN and other countries of the world. Consequently, countries in ASEAN introduced preventive and containment measures to cope with the pandemic, which include quarantines, lockdowns, restrictions of movements and large gatherings, as well as school and business closures.Beyond the efforts of preventing and containing the spread of the virus, ASEAN's most significant challenges are the social and economic crisis of historic proportions that are beginning to unfold. COVID-19 pandemic has brought interruptions in all sectors of ASEAN economies. It is, therefore, imperative to assess the extent to which the pandemic has impacted the social and economic aspects of the region. This book intends to highlight the social and economic impacts of the COVID-19 pandemic in ASEAN and suggest ways on how to mitigate them. It covers how the shocks from COVID-19 have impacted production, supply chains, demand, commodity prices, consumer behaviour, financial markets, employment, services, transportation and community, and the various policies that ASEAN authorities should put in place to mitigate the effects of the pandemic.

COVID-19 and the Evolving Business Environment in Asia

COVID-19 and the Evolving Business Environment in Asia
Author: Andrei O. J. Kwok
Publisher: Springer Nature
Total Pages: 287
Release: 2022-06-30
Genre: Business & Economics
ISBN: 9811927499

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This book brings together valuable insights about the impact of the COVID-19 pandemic on the business environment from an Asian perspective. While some businesses in Asia have been swift to embrace the new normal, others have found the disruption to the traditional way of doing business challenging. Businesses are striving to respond, adapt, and thrive under the shadow of the unprecedented upheaval to the business environment that has forced them to rethink their strategies, processes, and operating models. There seems to be a consensus among business scholars and stakeholders that the continuous embrace of change and transformation of business models will assist businesses to sustain a long-term competitive advantage. The chapters in this book explore shifts in business innovation and strategies linked to the “new normal” of doing business during the pandemic, bringing to light issues, challenges, and opportunities that firms can expect to face in their need to ensure sustainability post-pandemic and beyond.

Supporting Post-COVID-19 Economic Recovery in Southeast Asia

Supporting Post-COVID-19 Economic Recovery in Southeast Asia
Author: Asian Development Bank
Publisher: Asian Development Bank
Total Pages: 150
Release: 2022-05-01
Genre: Medical
ISBN: 9292695037

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This report identifies well-established sectors needing transformation or improvement (tourism, agro-processing, and garments), along with evolving sectors with high potential for growth (electronics and digital trade) as Southeast Asian countries hammer out policies to boost post-COVID-19 recovery and secure a greener future. The first in a four-part series, the report looks at the pandemic’s impact on these five sectors across Cambodia, Indonesia, Myanmar, the Philippines and Thailand. It identifies reforms and strategies to help core industries recover and grow over the medium term. This report underscores how deepening regional cooperation can help policy makers boost their countries’ COVID-19 recovery and build more resilient economies and societies.

Covid-19 New Normal

Covid-19 New Normal
Author: Linda Low
Publisher: World Scientific
Total Pages: 249
Release: 2023-02-27
Genre: Political Science
ISBN: 9811255164

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This book seeks to understand the New Normal in a post-Covid-19 world, amid the ongoing battle against the pandemic. With emerging variants like Omicron, it is likely that the fight against Covid-19 would be a protracted one. It is thus timely to review how we have coped since its first outbreak in December 2019 and what the future holds from the economic, political and health perspectives.What is the New Normal in the internationalisation of the renminbi and in retail? What about China's crisis management and ASEAN-China relations in a post-Covid-19 world? What is the current scenario and future outlook of the Covid-19 fight in ASEAN? Looking forward, how do we live with the 'Twindemic' of Covid-19 and the Influenza pandemic? These questions and more are addressed in this book.

Crafting An Asian Future In The Post-covid-19 Asia

Crafting An Asian Future In The Post-covid-19 Asia
Author: Tai Wei Lim
Publisher: World Scientific
Total Pages: 206
Release: 2022-10-11
Genre: Social Science
ISBN: 9811253749

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Not too long ago, the world was busy crafting a global future with unmitigated globalization and the relentless march of Industry 4.0. A black swan event then happened. An outbreak of COVID-19 coronavirus surged worldwide and resulted in a global pandemic that devastated economies, eliminated the weak/infirmed/elderly/young, and then targeted the general population. It destroyed small and medium-sized enterprises and hastened the demise of sunset industries, resulting in record numbers of bankruptcies. Instead of succumbing to the despair of a worldwide cataclysmic event, a group of Asian scholars from multiple disciplines got together. This group of scholars put their different specializations to use and adopted an on-site, viewpoint perspective of how the pandemic affected their lives and also the lives of the communities in their studies to contribute to this volume.The volume is interdisciplinary by nature and a product of exceptional contributions from a multidisciplinary panel of scholars, ranging from anthropologists, sociologists, historians to economists. The interdisciplinary approach employed here allows one to look at and understand subject matter critically — COVID-19 and its recovery — not just through diverse analytical frameworks but also through broader, historical variations as well as technologies studies. There is no existing literature equivalent to this subject matter given the ongoing pandemic as it unfolds simultaneously across regions and even continents while exerting differential impacts on various sectors such as agriculture, religion, technology, etc. With the advantage of its interdisciplinary approaches examined in differing geographical locations in Asia, the volume makes a scholarly contribution to analyzing the COVID-19 pandemic outbreak and the coping mechanisms adopted by humankind in various capacities to mitigate it.

Impact Of Covid-19 On Asian Economies And Policy Responses

Impact Of Covid-19 On Asian Economies And Policy Responses
Author: Sumit Agarwal
Publisher: World Scientific
Total Pages: 193
Release: 2020-12-23
Genre: Business & Economics
ISBN: 9811229392

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On March 12th 2020, World Health Organization (WHO) declared the spreading of the new virus, 2019-nCoV, a pandemic. In Asia, the virus, more commonly referred to as COVID-19, has been spreading since the end of December. To contain the public health threat, almost all countries enforced a variety of measures, including lockdowns, to minimize face-to-face human interactions between the infected and the susceptible.While these vigilant measures save lives, they also generate a substantial negative economic shock that immediately halts demand and significantly disrupts supply, global production value chain and trade. The consequences are dire — considerable decline in output, massive surge in unemployment, countless bankruptcy cases, and unrelentless worries over financial stability. The result, a worldwide economic setback, is more severe than that experienced during the Great Financial Crisis of 2008-2009.Asia's experiences with COVID-19 precede that in the West. This fortuitous timing allows Asia to share its learnings drawn from experiences to benefit the world.The Asian Bureau of Finance and Economic Research's (ABFER) community has gathered a collection of insights to inform the public. Besides providing access to research on the pandemic conducted in Asia, these commentaries offer comprehensive information on the effects of the pandemic, the effectiveness of measures employed to contain it and the subsequent economic impacts from such implementation. With granular analyses of government policies and their associated economic rescue packages, these commentaries elucidate the hard trade-offs between public health protection and economic security. Finally, the commentaries address the broader impact of the pandemic on international trade, global value chains and society.

Powering a Learning Society During an Age of Disruption

Powering a Learning Society During an Age of Disruption
Author: Sungsup Ra
Publisher: Springer Nature
Total Pages: 322
Release: 2021-05-22
Genre: Education
ISBN: 9811609837

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This open access book presents contemporary perspectives on the role of a learning society from the lens of leading practitioners, experts from universities, governments, and industry leaders. The think pieces argue for a learning society as a major driver of change with far-reaching influence on learning to serve the needs of economies and societies. The book is a testimonial to the importance of ‘learning communities.’ It highlights the pivotal role that can be played by non-traditional actors such as city and urban planners, citizens, transport professionals, and technology companies. This collection seeks to contribute to the discourse on strengthening the fabric of a learning society crucial for future economic and social development, particularly in the aftermath of the coronavirus disease.

Human Resource Management in a Post COVID-19 World

Human Resource Management in a Post COVID-19 World
Author: Hermann Troger
Publisher: Springer Nature
Total Pages: 205
Release: 2021-03-01
Genre: Business & Economics
ISBN: 3030674703

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This book presents a novel viewpoint in HR management: in addition to the macroeconomic factors (demographic development, industry 4.0, digitization, etc.) and its micro-political counterparts (shortage of skilled workers, an aging workforce, shortage of MINTs), personnel policy in the highly developed economic regions of the world can increasingly be seen from the third point of view, which is the ego-perspective. The complexity of the economic world 4.0 is manifesting itself for the employees in a working world of unlimited possibilities, offering almost limitless freedom of choice, especially for younger people. Due to this shift in the balance of power, the influence of the employers decreases and is often reduced to countering the pronounced self-confidence of the employees in asserting their expectations with corresponding company incentives. The author emphasizes that dealing with the challenges of this extremely fragile world of work - currently exacerbated by the COVID-19 pandemic - must by no means be left solely in the hands of overburdened personnel managers. The contribution of the line manager or direct superior is becoming increasingly important. And it is only through close and clearly defined cooperation between the two that the opportunity for effective human resources management lies. This book aims to illustrate this process of division of labor in the individual phases of personnel management.

Achieving Sustainable Development and Promoting Development Cooperation

Achieving Sustainable Development and Promoting Development Cooperation
Author: Department of Economic & Social Affairs
Publisher: United Nations Publications
Total Pages: 295
Release: 2008
Genre: Business & Economics
ISBN: 9789211045871

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This book presents an overview of the key debates that took place during the Economic and Social Council meetings at the 2007 High-level Segment, at which ECOSOC organized its first biennial Development Cooperation Forum. The discussions also revolved around the theme of the second Annual Ministerial Review, "Implementing the internationally agreed goals and commitments in regard to sustainable development."--P. 4 of cover.