BWC Member Udaibir Das asserts that Asian economies need to move beyond simply absorbing shocks toward reducing exposure to them in advance. Recent disruptions, including the closure of the Strait of Hormuz, signal vulnerabilities to energy, climate, supply-chain, and digital risks that financial buffers alone cannot address. He calls for proactive investment, stronger regional coordination, and financial tools that reduce vulnerabilities and protect critical economic functions before the next crisis. 

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All views expressed by members are their own and not reflective of the views of the Bretton Woods Committee.