Recovery, Renewal, Resilience

Lessons for Resilience

Consider how recovery and resilience programs account for budget constraints
Resourcing and financial frameworks

Local and national governments are investing significant resources in recovery of public health, economic and employment regeneration, humanitarian assistance, among other areas. Consideration of budget constraints is crucial – for example, the OECD uses Spain as an example to highlight the dual-task: support vulnerable people and reduce public spending. Consider strategies to prevent fiscal debt following recovery from COVID-19:

  • Implement the use of subsidies for vulnerable populations during recovery
  • Promote efficient use of resources, e.g. focus on sectors most severely impacted and have strong productivity potential, such as small-medium businesses
  • Re-regulate future retirement arrangements for workers (e.g. measures such as “disincentivise early retirement”) to reduce the gap between the average labour market exit age and the statutory retirement age
  • Identify local jobs which can be targeted toward the unemployed/marginalized (e.g. infrastructure/green economy jobs created through recovery and renewal strategies) and skills development opportunities (e.g. through apprenticeships) to increase employability
  • Make public spending transparent using ICT platforms. Specify how much is spent, in which programmes, and the number of beneficiaries
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