Italy holds the G20 presidency at a crucial moment when the world is confronted with the worst global pandemic in the past century. The economic and social consequences of the COVID-19 crisis has had major impact on the implementation of the Sustainable Development Goals (SDGs) and the 2030 Agenda.
The COVID-19 pandemic has significantly impacted the current state and prospects of partnership between the East African countries and the European Union on migration and forced displacement. The pandemic has exacerbated the root causes of migration and forced displacement. Read here about the implications and the steps should taken to move forward.
Getting the pandemic globally and permanently under control is key to mitigating its impacts on health, society and the economy. This requires that a large proportion of the global population need be vaccinated against COVID-19 as quickly as possible, which necessitates global solidarity between states in the global North and global South and between societal actors worldwide. Global problems need global solutions.
The study looks at the challenges facing industrialisation in African countries, in particular the issues for the policy framework needed to support it. It identifies three positive issues that have appeared during the Covid-19 crisis which will be important in economic recovery efforts: (1) repurposing, accelerated pharma production and joint procurement; (2) increased attention to agro-processing; and (3) use of technological advances.
2020 was dominated by a collective global crisis on an unprecedented scale, the impact of which was felt differently around the globe and in parts of society. And the Covid-19 pandemic will continue to cast its shadow this year. The fight against Covid-19 and the recovery in the economy and society are coming at the same time as several major events in international environmental and climate policy.
Limited fiscal space in many developing countries demands collective efforts and EU leadership to help improve their macro-economic conditions and attract more investments for a higher impact and sustainability for recovery from COVID-19.
This is the first report in ODI’s Economic Pulse series. It explores China’s international economic response to Covid-19 and analyses its international engagements, especially in developing countries, in light of shifts in the global economic and political landscape. Our review of China’s economic response has an international focus due to the nature of the macroeconomic data, while project-level data and a policy review drill down into the effects of that response on developing countries.
On Thursday 29 of October at 16:00 pm (CET) we hosted a webinar event in cooperation with OECD on multilateral development finance in response to the COVID-19 crisis. The webinar investigated the dynamics of the Multilateral Development Finance framework in the wake of COVID-19, and made concrete recommendations on the most effective and impactful ways forward.
Twenty-five years after its creation (as a successor to the GATT [General Agreement on Tariffs and Trade], 1947-1995), and following many years of paralysis, the stakes for reform are high. This is particularly evident during the post Covid-19 recovery period, as the pandemic exposes the structural vulnerabilities of globalised economies.
This paper looks at what development finance institutions (DFIs), including multilateral development banks, can do to support a gender-sensitive economic recovery from COVID-19.