Lasting Scars: Recovering from the Global Impact of the Pandemic

The COVID-19 pandemic has delivered a global economic shock of enormous magnitude, leading to steep recessions that will leave lasting scars in many developing countries. What are the likely long-term consequences? What can policymakers in these countries do mitigate the risks? What can they do to ensure that countries emerge in better shape than they went in?

This panel discussion brings together some of the world’s leading experts to assess the long-term challenges and potential solutions for developing countries, building upon the findings of the World Bank Group’s latest Global Economic Prospects report.

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ABOUT THE WORLD BANK GROUP
The World Bank Group is one of the world’s largest sources of funding and knowledge for low-income countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.

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[francisnamugowa]

Great discussion.East Africa is going through similar constraints and we have strong links to China and are swimming against the tide against Covid-19.Import substitution happening on a small but prospective path.We need grants and loans from the World Bank.