Global Economy: Reversing the Scars of COVID-19

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Global Economy: Reversing the Scars of COVID-19

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The COVID-19 pandemic has caused major disruptions in the global economy that could have lasting adverse effects. If history is any guide, the global economy is heading for a decade of growth disappointments. Uncertainty about the post-pandemic economic landscape and policies has discouraged investment; disruptions to education have slowed human capital accumulation; concerns about the viability of global value chains and the course of the pandemic have weighed on trade and tourism.

In the context of weak fiscal positions and elevated debt, institutional reforms to spur growth will be particularly important. A comprehensive policy effort is needed to rekindle robust, sustainable, and equitable growth. A package of reforms to increase investment in human and physical capital and raise female labor force participation could help reverse the expected impact of the pandemic on potential growth in emerging markets and developing economies over the next decade.

Join this key discussion on the reforms needed to spur growth following the economic damage caused by the COVID-19 pandemic. The conversation with experts will touch on many of the themes and findings from the latest Global Economic Prospects report, launched by the World Bank.

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Nirmalan Dhas

Please describe, in not more than five sentences, what the World Bank imagines "sustainable and equitable growth" will look like and entail.
Thu, 01/28/2021 - 10:52
Nirmalan Dhas

Please describe, in not more than five sentences, what the World Bank imagines "sustainable and equitable growth" will look like and entail.
Thu, 01/28/2021 - 10:52
Nirmalan Dhas

What policies and processes does the bank recommend be adopted in order to ensure that all humans individuals can access clean air, unpolluted water and nutritious food and the output of habitat, education, childhood and geriatric assisted living, health, communication, transport, and distribution systems as well as manufactured goods technologies, tools and services required to function as productively as they can.
Thu, 01/28/2021 - 10:52
Nirmalan Dhas

What policies and processes does the bank recommend be adopted in order to ensure that all humans individuals can access clean air, unpolluted water and nutritious food and the output of habitat, education, childhood and geriatric assisted living, health, communication, transport, and distribution systems as well as manufactured goods technologies, tools and services required to function as productively as they can.
Thu, 01/28/2021 - 10:52
Mahamat saleh Mahamat

this is great opportunity for us to know more about the global economy reversing and covid 19 .
Thu, 01/28/2021 - 10:52

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