How the G20 Can Hasten Recovery from COVID-19
Author | : Maurice Obstfeld |
Publisher | : Peterson Institute for International Economics |
Total Pages | : 128 |
Release | : 2020-04-21 |
ISBN-10 | : 9780881327403 |
ISBN-13 | : 0881327409 |
Rating | : 4/5 (03 Downloads) |
Book excerpt: The world's leading economic powers must cooperate more to combat the health and economic shocks resulting from the COVID-19 pandemic. In a new free eBook, PIIE Briefing, How the G20 can hasten recovery from COVID-19, Peterson Institute experts outline how collective action by the Group of Twenty (G20) nations can make a difference. The PIIE agenda includes removal of trade barriers impeding the flow of medical supplies and food, and more money for research, testing, and disease control, especially for debt-burdened low-income countries. The World Bank and the World Health Organization need more resources to relieve suffering, and the International Monetary Fund must step up to stabilize the world financial system.