Globalization and financial and trade liberalization have put the issue of financial and economic stability and crisis management at the forefront of countries' minds. The Covid-19 pandemic added new dimensions to the usual crises, as the economic shutdown caused a major shake-up in the global economy in a way that countries had never experienced, including the collapse of world prices and the suspension of global supply chains, in addition to risks related to public health, food safety and medicines.
In this regard, the API has developed a number of specialized training and advisory programs that address these aspects, including the development of new programs such as "Crisis Management", "Economic and Financial Recovery Policies" and "Food and Medicine Security and Sustainable Development". The Institute also seeks to provide the institutional and advisory support needed to address the effects of these crises in specific countries, including through studies and policy papers that cover economic and financial reform issues and macro and sectoral policies, including in the financial sector through the application of the Basel 3 regulation. In addition, API seeks to provide necessary support to Arab countries in order to bridge data gaps, establishing early warning systems and creating scientific institutions in charge of crises management.