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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Rod de Vletter

Will the DFI’s such as the WB require developing nations to have green and resilient recovery plans in place or will they support the development of these strategies first? If the latter, what is your plan to get these in place quickly?
Mon, 06/01/2020 - 16:53
Gouranga G. Das

(a) The Fiscal and Monetary policy combined package that India has adopted is not properly chalked out and management is not clearly and transparently revealed. It is more geared towards the long-run growth objectives at the expense of short or near-term solution esp for the rural-urban informal sector, migrant workers and the down-troddens. How does this policy will cure the lives versus livelihood tradeoff--the "Twin Crisis"--health as well as pandemic-led economic repression? Won't it lead to stagflation if money supply is augmented via printing money?(b) It's a supply as well as demand collapse. Will traditional Keynesian prescriptions work? Do we need revisiting Keynesian Macroeconomics with new angle of transdisciplinary focus?(c) Will globalization retreat back as connectivity is at stake due to "international social distancing" beyond the border?
Mon, 06/01/2020 - 16:53
Dr. Odhiambo David

It's great to look at developing economies based on the fact that they're having resource constrains which are worse compared to developed economies and further entrenched by inherent dependence. From a different perspective we need to question why this has been the norm? Why we have to and must look at this as an imbalance equation?My take is that developing economies have segregated systems which do not feed into a common stream of ingenuity to power these economies. With such there's never an easy way to address long standing poverty except through local solutions guided by a sense of identity and autonomy. #SocialEnterprises will be the drive in empowering developing economies, the concern should be on how to sustain them, give them a common purpose with the communities and have the agenda be driven communally.
Mon, 06/01/2020 - 16:55
Rajendra Maharjan

Every country has hit by Covid and developing country like Nepal had been hit even more economically. All the sectors of economics organ are in deep comma except few, in this regard how do country like Nepal can able to bounce back?What are the preparedness require? How world back is going to help to country like Nepal? All elaborate some strategic approach require to take upon so as to combat against Covid? Question to extreme panelist especially to prof. Dr. RajhuRam sir
Mon, 06/01/2020 - 17:24
Sucharita

How can we compare and contrast the state of the emerging economies right now vis-a-vis during the global financial crisis in 2008?
Wed, 06/03/2020 - 10:00

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Global Economic Prospects