There is not a ‘one-size-fits-all’ solution to respond and recover from the current global health emergency and economic fallout resulting from COVID-19. A combination of pragmatic solutions is needed to face the debt issue and give countries room to make the policy choices and investments that will also lay foundations to recover, putting people and nature at the heart of economic growth and development.
This paper stresses the importance of filling the development financing gaps that have been widened by shrinking remittances and suggests adaptations and increases in official development assistance (ODA) as an immediate solution to cushion some of the short-run effects of the COVID-19 pandemic.
Also, the paper highlights the short- and medium-term measures that policymakers and development partners in both sending and receiving countries should take to lessen the decline in remittance flows.
The European project was built on the ashes of two world wars. The ongoing COVID-19 crisis, the most devastating pandemic afflicting humankind in the last century, may be its undoing. Or can it become the catalyst for building a stronger European Union for the future? The jury is still out.
International development cooperation risks being deeply affected by the global COVID-19 pandemic, with potentially disastrous consequences among fragile states.
Twenty-twenty should have been the year of a fundamentally new Africa-Europe partnership, culminating in the sixth EU-AU summit in October in Brussels. Ursula von der Leyen, with a delegation of some 20 European commissioners in her wake, recently traveled to Addis Ababa for meetings with their African Union counterparts.
Rebecca Symington and Aaron Leopold describes what are obstacles for private investment in renewable energy in Africa.
T. Altenburg, S. Bilal, G. Maci and D.W. te Velde unpack the challenge of employment in Africa, and suggest priority actions forward for the AU-EU partnership.
Christine Hackenesch , Adolf Kloke-Lesch and Janina Sturm look at how the EU can anchor the 2030 Agenda in its policy
Putting sustainable development at the heart of EU external action