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Regional Frameworks for Advancing Supply Chain Resilience and Business Continuity Plans

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Supply Chain Resilience

Abstract

Disaster risk and losses are of greater concern for policy makers, governments and business communities, since they have increased in recent decades and are expected to further increase as combination of projected demographic development, industrial growth and economic integration progress in Asia. The cause and consequences of disasters do not exist in isolation, however, but are bound to up instead in the ongoing dynamics of existing and emerging supply chains along which they occur. This chapter analyze the direct, indirect and spillover effects of disasters and climate change on global value chains. Key economic trends and multi-dimensional challenges to disasters risk reduction and supply chain resilience is discussed with various levels of governance system and business continuity plans. Supply chain resilience could be advanced through regional cooperation frameworks. Strengthening legal frameworks for improved coordination along the supply chain is critical for transferring the risks to market forces. Capacity of local business along the supply chain could further be enhanced by investing in innovative financial mechanisms including indexed based insurance instruments and catastrophic risk pooling at regional level in a coordinated way.

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Authors and Affiliations

  1. Economic Research Institute for ASEAN and East Asia (ERIA), Sentral Senayan II, Jalan Asia Afrika no. 8, Jakarta, 10270, Indonesia

    Venkatachalam Anbumozhi & Fukunari Kimura

Authors
  1. Venkatachalam Anbumozhi
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  2. Fukunari Kimura
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Corresponding author

Correspondence to Venkatachalam Anbumozhi .

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Editors and Affiliations

  1. Economic Research Institute for ASEAN and East Asia, ERIA, Gelora Bung Karno, Senayan, Jakarta, Indonesia

    Venkatachalam Anbumozhi

  2. Economic Research Institute for ASEAN and East Asia, ERIA, Gelora Bung Karno, Senayan, Jakarta, Indonesia

    Fukunari Kimura

  3. Jeffrey Cheah Institute for Southeast Asia, Sunway University, Selangor, Malaysia

    Shandre Mugan Thangavelu

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Anbumozhi, V., Kimura, F. (2020). Regional Frameworks for Advancing Supply Chain Resilience and Business Continuity Plans. In: Anbumozhi, V., Kimura, F., Thangavelu, S. (eds) Supply Chain Resilience. Springer, Singapore. https://doi.org/10.1007/978-981-15-2870-5_12

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