Social development in a global context shows the risk of trending downwards and not recovering if countries do not minimize the long-term impacts of multiple crises and work towards building up their resilience. As much as this will require national political will, it will also need global cooperation for it
Tag: Crises
Handling financial crises in the South
When history repeats itself, the first time is a tragedy; the next is a farce. If we fail to learn from past financial crises, we risk making avoidable errors, often with irreversible, even tragic consequences. Between rock and hard place Many people worldwide suffered greatly during the 2008-2009 global financial crisis (GFC)
G20 finance ministers meet on world economy hit by crises, conflicts
Weathering a ‘Perfect Storm’ of Cascading Crises
Climate change, COVID-19, the war in Ukraine – these crises threaten to derail development for 1.7 billion of the world’s most vulnerable people. The international community must take swift, coordinated action now to put the SDGs back on track. In just two short years, a double whammy of external shocks has