The continent immediately needs a health Marshall Plan funded by public balance sheets and comprehensive donor support.
17 April 20
UNCTAD News
Africa needs a Marshall plan to ride out COVID-19 crisis, prepare for uncertain times
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The rapid spread of COVID-19 has upended life in all parts of the world, with both profound health and economic impacts. Africa is in the path of this fast-approaching storm, and the potential devastation hangs over the continent.
UNCTAD Secretary-General, Dr. Mukhisa Kituyi, calls for a Marshall Plan to prepare for the uncertain times ahead. More (https://unctad.us6.list-
COVID-19 and food security in vulnerable countries
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As the COVID-19 virus continues its gallop across the world, we are forced to constantly reassess our expectations of both the human and economic costs it will bring. One of them is an impact on food supply.
The world is now reaching a point where unilateral decisions by food exporters and falling national revenues could have devastating effects for food-insecure countries, compounding health problems for already vulnerable citizens. UNCTAD’s trade and commodities director, Pamela Coke Hamilton, and Janvier Nkurunziza, discuss the impacts.
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Coronavirus deals severe blow to services sectors
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The COVID-19 pandemic has dealt a heavier blow to personal services sectors compared with other recent economic crises, an UNCTAD analysis shows.
The pandemic has massively disrupted key services sectors, especially tourism, hospitality and retail. This contrasts with the resilience witnessed during the 2008 great recession and the 2011-2013 eurozone sovereign debt crisis, particularly in comparison to trade in goods. More (https://unctad.us6.list-
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