The East-West Center promotes better relations and understanding among the people and nations of the United States, Asia, and the Pacific through cooperative study, research, and dialogue. Established by the US Congress in 1960, the Center serves as a resource for information and analysis on critical issues of common concern, bringing people together to exchange views, build expertise, and develop policy options. The East-West Center in Washington provides US and Indo-Pacific government stakeholders and program partners with innovative training, analytical, dialogue, exchange, and public diplomacy initiatives to meet policy priorities.
Economic shocks have many causes such as pandemics, natural disasters, terrorist attacks, and financial crises. Economic resilience is an economy’s ability to anticipate, withstand, and recover from these shocks which can transcend traditional boundaries and cause major disruptions to global supply chains and the global economy. Human security is one key component of economic resilience and APEC has continued to expand its work in this area to lessen global vulnerabilities of member economies.
Within APEC, the Emergency Preparedness Working Group (EPWG) coordinates efforts by fostering research, collaboration, and knowledge-sharing between member economies while the APEC Sub-Fund on Human Security supports projects focused on capacity building needs for developing APEC economies. The EPWG also works closely with the APEC Climate Center and the APEC Business Advisory Council, along with multiple other international organizations like PECC & PBEC, to develop solutions that integrate multiple dimensions of resilience.
Read the Full Report Here: https://asiamattersforamerica.org/uploads/publications/APEC-Matters-FINAL.pdf