The COVID-19 pandemic has shaken the world unlike any other crisis in recent history. What began as another outbreak of a flu-type disease in a confined, specific location in the fall of 2019 soon became an unstoppable wave that transformed every aspect of daily life globally. From work to commerce and social interaction, all human activities have been affected by the pandemic and the measures taken to contain it. The socioeconomic impact of the pandemic, however, has been very different across regions and countries, reflecting deep underlying differences in their resil- ience against extreme events. As countries prepare for the future, it is important to understand what policies aimed at manufacturing have worked and what have not. This ambitious goal requires revis- iting not only the types of responses given during the early and middle phases of the pandemic, but also the structural characteristics that shaped those responses and will continue to shape them in the future.
To do so, Part A of the IDR 2022 looks more deeply at four important issues in the following sequential order:
- Pre-existing structural factors shaping countries resilience
- Responses given by firms and governments to support industry
- Megatrends likely to shape the future of industrial development
- Policies to support an inclusive, sustainable and resilient industrial recovery