A Shock Like No Other: The Way Forward For Developing Economies

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A Shock Like No Other: The Way Forward For Developing Economies

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Adama

As one said, this crisis started as a Health crisis and then morphed into an economic, financial and debt crisis. That does not mean the most serious impact will have to do with money, because the human toll will remain a scare while money can be made up. Huge portions of families have been wiped out and family fabrics or communities have been dramatically affected. Those traumatic impacts will not be remedied at all, so the World is being affected in ways that cannot be anticipated accurately.
Wed, 06/03/2020 - 14:42
Syful

The capacity of these governments in delivering appropriate Covid 19 related awareness messages, financial support and logistics proved to be inadequate and hardly efficient. What policy actions can quickly be introduced to buttress the efforts of the governments to handle this complex crisis management?
Wed, 06/03/2020 - 14:43
Anoma Kulathunga

it is indeed good to talk about debt vs liquidity but larger problem will also be the political stability and the reluctance of investors to take up positions in those economies in these countries to go and take up long term positions when debt moratoriums and NPLs and restructurings are the flavor of the month and all international standards that they banked on have gone out of the window. Maybe WB can bring out new instruments to encourage investors but certainly its challenging. Any ideas?
Wed, 06/03/2020 - 14:44
KokTjai

What are the roles of pandemic bonds and what we have learned from this instrument?
Wed, 06/03/2020 - 14:47
Rahul

Do you foresee that In countries like India the short term migration away from urban centers can be reversed? Or could this lead to medium or long term loss in productivity and growth?
Wed, 06/03/2020 - 14:50

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Global Economic Prospects