Overcoming Covid-19 and preventing new crises. What role will research play in the “super year” 2021?

Overcoming Covid-19 and preventing new crises. What role will research play in the “super year” 2021?

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.

Collaborative efforts to stimulate sustainable investment for COVID-19 recovery in developing countries

Collaborative efforts to stimulate sustainable investment for COVID-19 recovery in developing countries

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.

ETTG OECD Webinar - Weathering the storm: what role for multilateral development finance in response to the COVID-19 crisis

ETTG webinar event in cooperation with OECD – Weathering the storm: what role for multilateral development finance in response to the COVID-19 crisis

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.

What reform agenda is needed for the future direction of the World Trade Organization?

What reform agenda is needed for the future direction of the World Trade Organization?

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.

Covid-19, Poverty, and Inequality Growing inequality can worsen the pandemic’s effects

Covid-19, Poverty, and Inequality Growing inequality can worsen the pandemic’s effects

The impacts that Covid-19 has brought about in our daily lives are very apparent. Less apparent is the immediate implications of the pandemic for global poverty. In terms on the effects on livelihoods, however, impacts are going to hit vulnerable communities the hardest. Any net loss for them represents a larger share of their already limited income and the effects will be felt well beyond shocks to their income.

The impact of Covid-19 on Africa’s banking system

The impact of Covid-19 on Africa’s banking system

The Covid-19 virus has caused a convulsive shock to the global economy. There remains considerable uncertainty around the pathway of the pandemic, the means and speed of any economic recovery and what structural changes – particularly to the globalisation of trade and capital – it will bring in the longer-term.

Power Shifts and the Risk of a "Crisis Within the Crisis": COVID, Oil and the MENA Region

Power Shifts and the Risk of a “Crisis Within the Crisis”: COVID, Oil and the MENA Region

COVID-19 triggered a collapse in oil prices from approximately 60 to 20 dollars per barrel between January and April 2020. Signs of a rebound are visible but prices remain well below the breakeven for many producers. If prices stay this low for long, or if they fall again after a partial rally in a relapse scenario, the world may witness a crisis within the crisis, with even further adverse effects on the world economy.

COVID-19 Exposes Italy's Vulnerability to US-China Antagonism

COVID-19 Exposes Italy’s Vulnerability to US-China Antagonism

Both the US and China seem to see the COVID-19 crisis through the lenses of geopolitical competition. A desire to repair its international reputation and gain influence underlies China’s offer of medical equipment and sanitary know-how to countries hit by the contagion – the so-called “mask diplomacy”