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.
The EU project is often described as an eternal work in progress, a “beautiful yet still incomplete masterpiece”, primarily because of its inability, with a few exceptions, to reach shared decisions, thus effectively exercising its full power potential. It has been said that the European Union could “potentially” become a fully-fledged member of the looming multi-polar system of global governance, provided that it not only develops its economic power, which is insufficient on its own, but also diplomatic, informational and military capabilities.
The crisis linked to the CoVid-19 epidemic now plunges all societies in the world into a state of exception and a strange war made of both a sanitary emergency and a suspended time, for an indefinite period. Each individual and each organisation is now making arrangements until further notice, with the shared feeling of a long period of uncertainty and deep questioning about the very foundations of our societies, our economies, and our ways of living together: our view of the world will necessarily be profoundly modified.
COVID19, the disease caused by the new coronavirus that has rapidly turned into a pandemic, could be the proverbial straw that breaks the camel’s back. The international liberal order, as well as the European Union within it, has been in trouble for years now. The EU has been shaken by the successive Eurozone and migration crises, while its surrounding regions were spiralling into conflict and outright collapse. COVID19 could be the final nail in the coffin of a rules-based international order and the European project within it. But it could also give birth to a new phoenix rising from its ashes. Much will depend on how Europe, both internally and internationally, will confront this epochal crisis.
ETTG in collaboration with IFC and UNHCR organizes an half-day event to discuss the role that the private sector can play in providing solutions to empower refugees and their host communities in developing countries, including through innovative approaches towards refugee camps and cities.