Alternatives for Improving the Economy of the Philippines During this Pandemic
The pandemic brought massive changes to every aspect of life and made it difficult to adapt and quickly recover from this unprecedented situation. One of the aspects that were greatly affected is the economy of every country around the world. Everyone is finding a way on how to survive and provide the necessities while not risking anything.
In order to improve the economy of the Philippines during this uncertain time, great leadership is important. First and foremost, a leader of the country must be open to criticism and changes for the betterment of how they respond to this pandemic. In order to regain the economy of the country, the first thing to prioritize is the more efficient containment of the disease and through this, other sectors or the rest will follow. One specific suggested alternative for the government is to have mass testing and strengthening the health care systems further. This will be able to speed up the process of tracing the possible covid patients and treat them immediately in order to not spread the virus further. Moreover, this better informs both the public and private sectors on the true state of infections among the population. In addition, integrated mobility databases also capacitate more effective and timely tracing. This kind of detailed and timely data allows for the government and the private sector to better coordinate containment strategies that target areas and communities that need help due to outbreak risk. And unlike a generalized lockdown, this targeted and data-informed strategy could allow other parts of the economy to remain more open than otherwise.