Asean member-nations must shift from meeting basic development targets to ramping up efforts to improve quality of life across the region to build a resilient Asean and yield a faster recovery from the Covid-19 pandemic, a report from the Asian Development Bank said.
While the regional bloc has demonstrated resilience since the outbreak of the pandemic, Wicklein said, “Emerging challenges hold back its full recovery.” According to the report, Asean member-countries also need to enhance health systems, including data systems for tracking diseases to improve resilience against future pandemics.
Following the 1996-1997 Asian Financial Crisis and the Global Financial Crisis of 2007–2008, Asean member countries made considerable progress in improving economic and human development outcomes, ADB noted.
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