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Sustainable Health Financing for COVID‐19 Preparedness and Response in Asia and the Pacific

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  • Soonman Kwon
  • Eunkyoung Kim

Abstract

To make health systems more resilient to shocks and crises, it is critical for governments to invest in core health system functions such as financing, service delivery, and governance. Ensuring sufficient resources for health is necessary for basic infrastructure including vaccines; the overall level of health expenditure and the public sources of funding are important. Funding for public health services, including infection prevention and control, surveillance, and information systems, is fundamental to ensure health systems are prepared for and respond to health emergencies. Funding should be made available for a quick and effective response to emergencies, requiring a supportive flexible public financial management system. Moreover, it is essential to mitigate the potential risks of health system collapses through innovative ways, for example, telemedicine, and mobilizing private sector providers. Vulnerable groups who are even more impacted during crises need special attention. Multisectoral cooperation is paramount to health system resilience during pandemic response.

Suggested Citation

  • Soonman Kwon & Eunkyoung Kim, 2022. "Sustainable Health Financing for COVID‐19 Preparedness and Response in Asia and the Pacific," Asian Economic Policy Review, Japan Center for Economic Research, vol. 17(1), pages 140-156, January.
    • Handle: RePEc:bla:asiapr:v:17:y:2022:i:1:p:140-156
    DOI: 10.1111/aepr.12360
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    References listed on IDEAS

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    1. Dutta, Anwesha & Fischer, Harry W., 2021. "The local governance of COVID-19: Disease prevention and social security in rural India," World Development, Elsevier, vol. 138(C).
    2. World Bank, "undated". "World Bank East Asia and Pacific Economic Update, April 2020," World Bank Publications - Reports 33477, The World Bank Group.
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    Cited by:

    1. Takatoshi Ito & Kazumasa Iwata & Colin McKenzie & Haruko Noguchi & Shujiro Urata, 2022. "The COVID‐19 Pandemic and Asia: Editors' Overview," Asian Economic Policy Review, Japan Center for Economic Research, vol. 17(1), pages 1-17, January.
    2. Randall P. Ellis, 2022. "Comment on “Sustainable Health Financing for COVID‐19 Preparedness and Response in Asia and the Pacific”," Asian Economic Policy Review, Japan Center for Economic Research, vol. 17(1), pages 157-158, January.

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