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Analysis on Asean and European Union Policies Regarding Covid-19

Bibliographic Data

ID22213366
AuthorsShanti Darmastuti (0000-0001-6949-4406, Universitas Pembangunan Nasional Veteran Jakarta), Mansur Juned (0000-0002-0386-7676, Universitas Pembangunan Nasional Veteran Jakarta), Sophiana Widiastutie (Universitas Pembangunan Nasional Veteran Jakarta)
Year2021
Volume4
Issue2
Pages3220-3232
Publication date2021-06-24
Open AccessYes
TypeARTICLE
VenueBudapest International Research and Critics Institute (BIRCI-Journal) Humanities and Social Sciences (JOURNAL)
Journal identifiersISSN: 2615-1715 • E-ISSN: 2615-3076
PublisherBudapest International Research and Critics Institute (PUBLISHER)
DOI10.33258/birci.v4i2.2058
OpenAlexW3175817935
LanguageEN
References cited3

COVID-19 has impacted multiple sectors of life. Experts believe that regional cooperation is a key effort that should be done to deal the COVID-19 pandemic. Regional cooperation starts with common interests among parties and provides benefits for every country involved in it. This article provides an overview of the socio-economic impact of COVID-19 as well as a comparison of the forms of regional cooperation carried out by Association of Southeast Asian Nations (ASEAN) and the European Union (EU) in responding COVID-19. This study uses literature studies in data collection. From the results of several studies that have been carried out before, both regions chose to conduct cooperation in the health and economic fields to respond to COVID-19. ASEAN's response in responding to the pandemic can be seen stronger in the principles of partnership that have been established with several partner countries. In addition, the principle of solidarity, exchange of information, knowledge, as well as strengthening institutional cooperation in ASEAN itself is an important point in the regional cooperation carried out. On the other hand, in addition to cooperation in the health sector, EU focuses on financial instruments among its collaborative approaches in the availability of aid packages to banking actors and institutions. The package of assistance provided by the EU to avoid market distortions and revive economic sectors is provided through the provision of credit and liquidity

Business · Economic growth · Economics · European union · General partnership · International trade · Pandemic · Political science · Solidarity · COVID-19 Pandemic Impacts · COVID-19 Prevention and Impact · SMEs Development and Digital Marketing · Finance

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