JSPS-ICSSR Seminar 2022

Understanding and Addressing Systemic Risks Behind the Socio-economic Impacts of COVID-19 in Japan and India: Developing a Roadmap for a Resilient and Sustainable Future

JSPS-CSSR Seminar 2022

Download the proceedings of the seminar from here: JSPS-ICSSR Seminar Proceedings

The COVID-19 pandemic has spread to 202 countries and territories infecting 633 million people and killing 6.6 million as on November 09, 2022. 22.7 million people were infected in Japan and 47,000 were killed. In India, 44.7 million people were infected and 531,000 were killed. COVID-19 emerged as a systemic and transboundary risk (e.g. East Asia SARS, 2003; Swine flu, 2009; and West Africa Ebola, 2014).

The economies of all countries have been affected, there are prospects for a global economic recession. COVID-19 became an added risk to the already slowing Indian economy (Subramanian and Felman, 2020). India’s growth rate has been projected as -4.5% in 2020 over 2019 (IMF, 2020). India’s GDP during the first quarter 1 was reduced by 24% (National Statistical Office, 2020). For Japan, the GDP was estimated to contract by approximately 5.0 % for FY 2020 and 3.0% for FY 2021 (Cabinet Office, 2020).

Governments are developing solutions to tackle impacts and developing green recovery plans. However, COVID-19 is unprecedented and there is a poor understanding of the drivers behind systemic risks. Without a deeper understanding of systemic risks, it will be difficult to identify effective and sustainable solutions.

Important systemic risks for which there is a lack of understanding are 1. The supply chains are scattered over different continents and countries, 2. supply chains that cannot be quickly modified to address shifts in supply and demands, 3. lack of robust understanding on how impacts on one country will affect another country, and 4. consumption-driven economies.

The massive job loss from lockdowns and restricted movement of people and goods and services lead to major compression of consumer demand. 27 million young lost their jobs in the month of April 2020 in India (CMIE, 2020). Japan’s unemployment has also been projected to rise to 3.2% in 2020 compared to 2.3% in 2019 (Cabinet Office, 2020). The combined free fall of demand and supply raises uncertainties for both the governments and constraints on traditional tools available to policymakers.

Disaster risk management (DRM) systems play a key role in safeguarding economies and social welfare, and they can mitigate systemic risks. Even though DRM systems are being improved, the COVID-19 experience showed that the current systems are not designed to address systemic and transboundary risks (Prabhakar et al., 2018). Countries are still dependent on archaic policies developed in an outdated context due to limited awareness of systemic and transboundary risks such as COVID-19.

Japan is 4th largest investor in India accounting for 7.2% of FDI inflows (GOI, 2020), and has significant exports to India (ranked 14th). In 2014, Japan’s Prime Minister pledged JPY 3.5 trillion public-private investments. Indian companies provide goods and services and are the 12th largest exporter to Japan (World Bank, 2020). Japan and India signed MOU on disaster risk reduction in 2017. COVID-19 has seriously impacted these engagements. There is a need to understand the impacts to plan for a resilient and sustainable future for these two countries. This seminar provides an opportunity for researchers on both sides to answer important questions raised by COVID-19.

Considering the above background, the objectives of the seminar are:

1. To discuss systemic risks behind the socio-economic impacts of COVID-19 in Japan and India,

2. To identify the transboundary impacts of COVID-19 on Japan and India,

3. To develop a roadmap for a resilient and sustainable future for Japan and India, the region, and

4. To foster strong research collaboration on COVID-19 between relevant researchers in Japan and India

Event Details


Venue: Room No 901, Kokukaikan: 1-18-1, Shinbashi, Minato-ku, Tokyo.

Indian Institute of Technology Tirupati
National Institute of Disaster Management
Institute of Science Education and Research
Indian Institute of Technology Madras
Japan society for the promotion of science
Indian Council of Social Science Research

Sivapuram Venkata Rama Krishna Prabhakar ([email protected])

Presentation Materials

The day I – 21st Nov


Session I: Opening Session


Chair: Dr Chandra Shekar Bahinipati, IIT India

Dr S.V.R.K. Prabhakar, IGES, Japan

COVID-19 as a systemic risk: Background and objectives of the seminar

Prabhakar S1_1.pdf

Prof K Takeuchi, President, IGES, Japan

Welcome Remarks

Welcome Remarks_0.pdf

Prof K N Satyanarayana, IIT-T, India

Welcome Remarks


Self introduction (10 min)Photo session (5 min)


Session II: India: Impacts and success stories


Chair: Dr Akio Takemoto, UNU

Dr Unmesh Patnaik, TISS, India

Loss to the household economy due to lockdown: A case of COVID-19 in India


Prof Subash S., IIT-M, India

SMEs and COVID-19: Financial Constraints and Role of Government Support.


Dr Rahul A. Sirohi, IIT-T, India

Learning from the Covid-19 Pandemic: Lessons for Economic Theory and Policy


Dr Bejoy Thomas, IISER, India

Imagining sustainability: insights from COVID-19 lockdown in India


Prof Anil K. Gupta, NIDM, India

Localizing Resilience Agenda


Dr Chandra S. Bahinipati, IIT-T

Speaking from field experience: Impact of COVID-19 on Informal Workers in India


13:00-14:00 - Lunch Break


Session III: Economic and social welfare of Japan and COVID-19


Chair: Prof Mikio Ishiwatari, JICA and University of Tokyo

Dr Yosuke Arino, IGES, Japan

Assessing the capacity of Japan to address the climate change disasters and its implication to respond to COVID-19 risk


Dr Atsushi Watabe, , IGES, Japan

Sustainable Lifestyles and Resilient Livelihoods in the Post-Pandemic Transitions


Mr Masashi Tsudaka, IGES, Japan

What COVID-19 means for Japan’s Disaster Risk Reduction Capacity


Dr Yasuko Kameyama, NIES, Japan

Relationship between COVID-19 and climate change:  Policies in Japan


Dr Xin Zhou, IGES, Japan

Impacts and implications of COVID-19 crisis and its recovery for achieving Sustainable Development Goals (SDG) in Asia


The day II – 22nd Nov


Session IV: Panel Discussion. Understanding gaps in the research and policy processes and their implications


Chair: Mr Osamu Mizuno, IGES

Dr Pankaj Kumar, IGES, Japan

Environmental Resilience and Transformation in Times of COVID-19: Climate change effects on environmental functionality


Mr Andre Mader, IGES, Japan

Over-simplified Communication of Disease Spillover Risk during the COVID-19 Pandemic


Dr Eric Zusman, IGES, Japan

Planetary Health and the Triple R Framework


Dr Mustafa Moinuddin, IGES, Japan

Systemic links between COVID-19 and development: Developmental implications


Dr S.V.R.K. Prabhakar, IGES, Japan

COVID-19 as a Transboundary Risk: Some Risk Management Implications for Asia



Session V: Group discussion session on managing systemic risks


Chair: Dr S.V.R.K. Prabhakar, IGES


Session VI: Conclusion and thanking remarks

Dr Rahul A. Sirohi, IIT Tirupati, India

12:40-14:00 - Lunch Break and Closure


Day I group photo of the participants with Prof K Takeuchi, President, IGES
A view inside the seminar room
Zoom view of the Opening session
Zoom view of Session IV
Zoom view of Session IV
Day II group photo of the participants