- Building Urban Economic Resilience During And After Covid-19
The following regional policy brief has been produced as the United Nations Economic and Social Commission of Asia and the Pacific’s (ESCAP) contribution to the global project, “Building urban economic resilience during and after COVID-19”. The brief is built upon the evidence-based diagnostic assessment of the resilience of the urban economies of the 4 pilot cities within the Asia-Pacific region, namely Hoi An (Viet Nam), Pune (India), Subang Jaya (Indonesia), and Suva (Fiji). Urban resilience has been measured across 5 dimensions: labour market; economic governance; business environment; financial environment; and infrastructure and connectivity. Part I of the brief describes the “Building urban economic resilience during and after COVID-19” project. Part II defines the elements of the Diagnostic Planning Tool that was used to assess the financial and economic resilience of the pilot cities. Part III provides a short summary of the results of the diagnostic assessment for each city with respect to each dimension, and ends with a synthesis of the major trends and emerging issues. Part IV discusses the challenges and limitations of building urban economic and financial resilience in the region and provides policy recommendations across all dimensions.