The role of Public Development Banks in supporting the post-COVID-19 crisis recovery in emerging and developing countries

The role of Public Development Banks in supporting the post-COVID-19 crisis recovery in emerging and developing countries

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.

The impact of COVID-19 on remittances for development in Africa

The impact of COVID-19 on remittances for development in Africa

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.

European Vision and Ambition Needed: Italy and Germany Must Promote a Global EU Response to COVID-19

European Vision and Ambition Needed: Italy and Germany Must Promote a Global EU Response to COVID-19

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.

Europe-Africa relations after Corona

Europe-Africa relations after Corona

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.