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

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The world is in a crisis without parallel in modern times—a high-fatality pandemic that is causing an economic contraction on a scale unseen since World War II. Having brought advanced economies to a standstill, the COVID-19 pandemic is now making its mark on emerging and developing economies. How can the damage be contained? What can be done to ensure a strong and durable recovery?

This panel brings together some of the world’s leading thinkers to assess the way forward for emerging and developing economies, building upon the findings of the World Bank Group’s latest Global Economic Prospects report.

Read the chat

Babu A

Will the rural economy and agriculture be more resilient in the rural economies given that urban to rural migration peaked during CoVid?

Fri, 05/29/2020 - 10:50

Dixita

What is the key to achieving the balance between social distancing and lock downs on one hand and making sure people who live in remote areas or are in general unable to access the basic necessities easily or are hardly ever touched by the system, survive? Or is the balance even important at this point? Have countries like India already crossed the point where the poorest will die more because of the policies than because of the COVID-19?

Mon, 06/01/2020 - 16:52

Gamal Alim

How countries that witnessed transformation phases like Sudan will sustain. What is the best advice can came across??

Mon, 06/01/2020 - 16:52

Ayomide

In what ways do you think governments can restore near-normalcy to the economy via the stock market?

Mon, 06/01/2020 - 16:53

Ayomide

Since most developing economies have a large portion of its population living in poverty, how can the people survive in an atmosphere with no money, no food and zero palliative care?

Mon, 06/01/2020 - 16:53

About the report

Global Economic Prospects

Foreword by World Bank Group President David Malpass

Report download

Speakers

Ceyla Pazarbasioglu

Director, Strategy, Policy, and Review Department, IMF

@CeylaP_IMF
Raghuram Rajan

Professor of Finance, University of Chicago's Booth School
Mohamed El-Erian

President, Queens' College, Cambridge University

@elerianm