Establishment of robust universal healthcare and social protection systems should be taken as immediate goals, and efforts should be made to build upon the emergency measures taken during the COVID-19 crisis so as to reach these goals.
This policy brief synthesizes recent research, showing that Bangladesh?s vital pharmaceutical industry would be threatened if the country had to adhere fully to WTO rules upon graduation from LDC status.
COVID-19 is having a devastating impact on all 17 Goals and threatening the achievements already made in
many areas. While the virus has impacted everyone, it is the poorest and most vulnerable who are affected
disproportionally by the pandemic.
The short-term impact of the pandemic on employment should be differentiated from its longer-term consequences, involving inter-sectoral changes in labour demand and further acceleration of robotization and automation, necessitating active labour market policies.
Amidst deliberations on priority areas for rebuilding, much attention has been paid to the need to strengthen domestic health care, and such proposals will certainly be high on the agenda for many Governments. The crisis, however, has also shone a spotlight on the shortcomings of the global health system.
Risks of implementing more shockresponsive social protection include overwhelming demand, lack of coordination, poor targeting and negative public perception. These can be partially offset by ensuring universal access to programmes. A country?s available fiscal space and level of debt distress are key contextual factors that determine the feasibility of more shock-responsive social protection.
Economic growth has slowed down dramatically and poverty is on the rise everywhere. Questions therefore have arisen whether these setbacks will have a permanent effect, jeopardizing progress towards the Sustainable Development Goals (SDGs).
The global COVID-19 pandemic is plunging the world into a socio-economic and financial crisis of an unprecedented scale, in addition to the acute health crisis. Many of the gains achieved under the banner of the Sustainable Development Goals (SDGs) are under threat. The crisis has exposed and exacerbated vulnerabilities and inequalities in both developing and developed countries, deepening poverty and exclusion and pushing the most vulnerable even further behind. This is a watershed moment. A sustainable, equitable and peaceful future hinges on the right national and international policy decisions. This policy note assembles analysis by members of the United Nations Committee for…
On average, weighted by the size of economies, the world economy points to a steep disinflation. However, inflation rates are diverging among countries. In the majority of countries, the price level has increased since the onset of the COVID-19 pandemic.