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Southeast Asian Countries Need Structural Reforms to Make Their Economies Resilient

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As Southeast Asian countries gradually move into recovery, they should seize the opportunity to rethink core economic structures and strive for a more resilient, inclusive, innovative, and sustainable post-COVID-19 future by introducing structural reforms, said experts at the Asian Development Bank's (ADB) Southeast Asia Development Symposium (SEADS) 2021.

At the session, "Post-COVID-19 Policy Responses to Support Recovery," the experts said introducing structural reforms is vital for governments to be able to support their economies' transformation.

Speakers:

  • Rafaelita M. Aldaba, Undersecretary, Competitiveness and Innovation Group, Department of Trade and Industry, Philippines
  • Aladdin Rillo, Deputy Secretary General, ASEAN Economic Community 
  • Deborah Elms, Founder and Executive Director, Asian Trade Centre
  • Moderator: Thiam Hee Ng, Principal Economist, ADB

SEADS aims to help crystallize thinking on relevant and critical issues in the region, and support countries in becoming prosperous, knowledge-based, and sustainable.

SEADS 2021, Innovation through Collaboration: Planning for an Inclusive Post-COVID-19 Recovery, was held on 17–18 March.