‘Pandemic relief measures in developing countries have been limited by modest resources, fear of financial market discipline and policy mimicry. COVID-19 has triggered not only an international public health emergency, but also a global economic crisis, setting back decades of uneven progress, especially in developing countries.’
This story is well argued and contains several relevant and informative links under the following subheadings:
- Struggling to cope
- Urgent financing needs
- COVID-19 recessions different
- Government as ‘payer-of-last-resort’
- Policy blind spots
- Diverging recoveries
- Appropriate relief measures
- Recoveries threatened
