
Charting a Path for a Resilient Recovery in Sub Saharan Africa
September 15, 2020
As we all continue to grapple with the COVID‑19 crisis, policymakers also need to look ahead. Countries need to ensure that the vast global fiscal support deployed to fight the pandemic also works to build a smarter, greener and more equitable future.
Nowhere is that more important than in sub‑Saharan Africa. It is where the needs are greatest and also home to the world’s youngest population, creating added urgency to act now to build forward better. Together, we need to chart a path to a more resilient recovery.
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The Next Phase of the Crisis: Further Action Needed for a Resilient Recovery
July 15, 2020
When the Group of Twenty industrialized and emerging market economies (G-20) finance ministers and central bank governors last met in April, the world was in the midst of the Great Lockdown forced by the outbreak of COVID-19. As they meet virtually this week, many countries are gradually reopening, even as the pandemic remains with us. Clearly, we have entered a new phase of the crisis—one that will require further policy agility and action to secure a durable and shared recovery.
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Why Sustainable Food Systems are Needed in a post-COVID World
July 14, 2020
Food systems are essential to economic activity because they provide the energy that we need to live and work. However, macroeconomists have long ignored them in the belief that the global agri-food industry, now highly mechanized, subsidized and concentrated, offers all we could wish for when it comes to food.
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Fiscal Policies for the Recovery from COVID-19
May 06, 2020
Fiscal policies have provided large emergency lifelines to people and firms during the COVID-19 pandemic. They are also invaluable to increase a country’s readiness to respond to a crisis and to help with the recovery and beyond.
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A Global Crisis Like No Other Needs a Global Response Like No Other
April 20, 2020
By Kristalina Georgieva
I have been saying for a while that this is a “crisis like no other.” It is:
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More complex, with interlinked shocks to our health and our economies that have brought our way of life to an almost complete stop;
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More uncertain, as we are learning only gradually how to treat the novel virus, make containment most effective, and restart our economies; and
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Truly global. Pandemics don’t respect borders, neither do the economic shocks they cause.
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Fiscal Policies to Contain the Damage from COVID-19
APRIL 15, 2020
In times of pandemic, fiscal policy is key to save lives and protect people. Governments have to do whatever it takes. But they must make sure to keep the receipts.
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