Webinar : Political Economy in the North-South relations amid COVID-19

 

Webinar : Political Economy in the North-South relations amid COVID-19

Policy Center for the New South

 

The COVID-19 pandemic poses unprecedented challenges to the international community and is due to heavily impact the global economy in the short and long run. The virus has infected over 4 million people and caused almost 300.000 casualties globally. During its spreading, mass production hastily witnessed shutdowns and supply chain disruptions, causing worldwide undulation effects encompassing all economic sectors. A steep contraction in household consumption, rising inflation and unemployment rates, and an abrupt halt in global tourism are some of its most visible consequences.

Resilience of national economies vis-à-vis the current situation varies widely depending on many factors, including containment measures’ efficiency and effectiveness as well as the economic support governments consider deploying. Yet, the highly interconnectedness of the world means that fighting the virus – and navigating its economic consequences – must include both national measures and global ones.

In this webinar, we reflect on alternative options for economic recovery. Trade agreements, debt relief measures, impact investments, green strategies – these are just some of the instruments available in the toolbox. The panel will address ways in which existing and new channels for cooperation between the global north and south can be leveraged to achieve the best possible way out of the crisis, with a long-term outlook on what kind of global economy we want to rebuild.

 

This Post Has 2 Comments

  1. Ben-Errol D. Aspera May 23, 2020

    While there is a need to look at the impact of the COVID19 pandemic in the economy, in order to lay down appropriate economic policies at the micro and macro level, equal importance may also have to be given, in looking at the ecological gains that are most often unnoticed as we were pre-occupied grappling with the contagion. Said ecological gains are also indicative of what economic investments are imperative to further sustain the gains and improve the capacity of the environment to sustain life. Thank you.

  2. Michael Chibba May 24, 2020

    A definition of what is meant by ‘political economy’ would be helpful. Or else, we are shooting in the dark! In this regard, readers might be interested in reading my article published last year, entitled “:Is the business environment a matter of political economy and convergence?” (World Economics journal, 20(3), September 2019: 191-219).

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