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pdf Social Resilience Report 2015 -2017

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Social-Resilience-Report-2015-17.pdf

Title:

Report of the Social Resilience Project 2015-2017

Social Resilience 2015 17 cover

Authors:

Mukul G. Asher, Nurina Merdikawati

Year:

2018

Source:

Towards a More Resilient Society: Lessons from Economic Crises

Type:

Publication

pdf APEC's Post 2020 Agenda: Rising Protectionism, Economic Rebalancing and Diversified Growth Popular

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Publications-PECCSGConf-2017-APECs-Post-2020-Agenda.pdf

Title: APEC's Post 2020 Agenda: Rising Protectionism, Economic Rebalancing and Diversified Growth

Publications-2017-PECCSGConf-APECs-Post-2020-Agenda

Editors: Tan Khee Giap; Eduardo Pedrosa; Sasidaran Gopalan
Year: 2017
Source: PECC Singapore Conference, Singapore
Type: Publication

pdf Social Resilience Report 2014 - 2015 Popular

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Social-Resilience-Report-2014-2015.pdf

Title:

Report of the Social Resilience Project 2014 - 2015

Social Resilience 2014-2015 Cover

Authors:

Nobuhide Hatasa; Aniceto C. Orbeta, Jr.; Yasuhito Asami; Jun-E Tan; Sook Hee Choi & Mikyung Yun; Ke-Jeng Lan

Year:

2016

Source:

Towards a More Resilient Society: Lessons from Economic Crises

Type:

Publication

pdf Social Resilience Report 2012 - 2014 Popular

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Social-Resilience-Report-2012-2014.pdf

Title:

Report of the Social Resilience Project 2012 - 2014

Social Resilience 2012-2014 Cover

Authors:

Sonintamir Nergui and Myagmarsuren Sanaakhorol; German A. King and Felipe Allard; Khine Tun; Vannarith Chheang; Wang Jing; Miguel Urrutia Montoya

Year:

2015

Source:

Towards a More Resilient Society: Lessons from Economic Crises

Type:

Publication

default Towards a More Resilient Society: Lessons from Economic Crises (2010) Popular

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Social-Resilience-Report-2010.pdf

Towards a More Resilient Society: Lessons from Economic Crises (2010) PDF Print E-mail

Social_Resilience_2010_CoverTwo major economic crises have hit the Asia-Pacific region in the past 13 years. Our society has to be resilient against these economic shocks. To facilitate discussions on the development of social safety nets in this region, the Japan National Committee for Pacific Economic Cooperation (JANCPEC) launched the Social Resilience Research Project (SR Project) in 2009 as a PECC international project.

The SR Project consists of four teams – pensions, medical insurance, unemploymentinsurance, and macro analysis of savings/consumption – and each team comprises two to seven research members. This is the first time that PECC has addressed these particular social issues; heretofore it has been exclusively concerned with measures to liberalize and promote trade and investment.

A financial crisis of a “once-in-a-century” scale has struck at the underpinnings of social safety in the Asia-Pacific region. The earlier 1997-98 crisis saw vigorous debates over social safety nets, but these debates quickly faded after 2003 because, with Asia’s export markets in Europe doing well at the time, the crisis was overcome simply by pursuing the liberalization of investment and trade. The situation this time is different in the sense that market conditions in Europe and the US are worse than in Asia, inspiring little hope for economic growth by relying on exports to these economies. On the other hand, we are in a similar situation to the previousfinancial crisis in that the debates over social safety nets are about to fade again as the economy in this region starts to recover, led by the robust development of emerging markets in Asia. Many economies in this region are gaining economic impetus by increasing exports to developing Asian economies.

Economic crises have hit our economies almost every ten years during the past two decades. Being aware that we must consider not only economic rescue policies in the short term but also the resilience of infrastructure against frequent economic crises in the long term, we launched the Social Resilience Research Project (SR Project) last year as a PECC International Project.

The SR Project is designed to shed light on the importance of social safety nets and to closely examine the mechanism of their roles in the domestic economy. This topic has never been discussed in depth among APEC economies. Overly focused on the liberalization of investment and trade, APEC has let slip opportunities to discuss the sense of security of those persons who underpin liberalization and brisk domestic demand as well as social safety nets for them in connection with a major paradigm shift toward the construction of a resilient model for sustained economic growth. In this regard, the SR Project is a very good opportunity to focus more on the social and living conditions of people and to share good or bad practices for social safety nets in the Asia-Pacific region. Comparative research on the actual status of Asian social safety nets would definitely be useful if we are to make our society more resilient against economic crises that may occur again in the future.

The economies in this region are recovering steadily, and now is the time to pay more attention to organizing domestic social safety net systems. Instead of missing this opportunity again as we did in the late 1990s, we should highlight the significance of constructing a resilient society and take action as soon as possible.

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Pacific Currents

APEC Post 2020
Brian Lynch
Chair, New Zealand Institute of International Affairs, Wellington Branch; Chair, New Zealand Committee of PECC; Former alternate New Zealand member of the APEC Business Council.


Global Value Chains for an Asian Century
John West
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Distinguished fellow, Asia Pacific Foundation of Canada; Vice-Chair of the Canadian National Committee for Pacific Economic Cooperation (CANCPEC)


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Distinguished fellow, Asia Pacific Foundation of Canada; Vice-Chair of the Canadian National Committee for Pacific Economic Cooperation (CANCPEC)


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Distinguished fellow, Asia Pacific Foundation of Canada; Vice-Chair of the Canadian National Committee for Pacific Economic Cooperation (CANCPEC)