The Spotlight Report 2020 unpacks various features and amplifiers of the COVID-19 emergency and its inter-linkages with other crises. The report points out that even before COVID-19, many countries – especially in the global South - were in an economic crisis, characterized by contractionary fiscal policy, growing debt and austerity measures that made these countries more vulnerable to future crises. They are results of a dysfunctional system that puts corporate profit above the rights and well-being of people and planet.
Areas of Engagement
In Recipe for disaster: The IMF and World Bank's role in the financialisation of food and agriculture, written for the Bretton Woods Project Spring Observer 2020, SID's policy researcher, Flora Sonkin, discusses how the process of financialisation has profoundly affecter food systems in recent decades, as financial actors and markets
630 civil society groups sound alarm over wave of Covid-19 claims in 'corporate courts'
Groups in more than 90 countries warn ISDS system could be used to claim billions from governments over pandemic protections
The common goods' point of view seems to be a particularly useful and profitable one for understanding the crisis of the pandemic, both on the health and on the economic and social aspect. It would also, and above all, enable the definition of the answers to get out of this crisis, identifying the forms of a new economic and social model.
Feminist organizations and activists have been very dynamic reacting to the COVID-19 pandemic and providing their own analysis through gender and intersectional perspectives, as well as shedding light on the inequalities impacting women and LGBTQA+ people during the on-going health crisis.
As the health crisis ask extraordinary measures from States and international institutions, the financial response to the Covid-19 pandemic will also require exceptional measures to mitigate the impacts of the shutdown of our economies. While the pandemic crisis and the series of responses taken exacerbate the already existing inequalities within countries, affecting disproportionately the most marginalized by the system, the post-Covid economic recovery must not be climate-blind.
A webinar series ‘Global Pandemics in an Unequal World’ seeks to ask what is needed at local, national, and global level to combat inequalities and promote a more egalitarian and sustainable pandemic response. Nicoletta Dentico will be presenting in tomorrow’s online livestream “COVID-19 and Global Inequality”.
April 23, 2020
Open science, ramped-up manufacturing, fair pricing and sharing of technology, among other actions, are urgently needed to reduce loss of life during the coronavirus (COVID-19) pandemic, 254 groups including Public Citizen said today. The groups released a list of principles calling for action from governments, international agencies, manufacturers, donors and development partners.
(Geneva) On April 17, 300 civil society organizations – including global union federations, development advocates, women’s groups, consumer and small business organizations, and environmental groups – from more than 150 countries delivered a letter to members of the WTO. In it, they urge Members of the WTO to: “Stop all trade and investment treaty negotiations during the COVID-19 outbreak and refocus on access to medical supplies and saving lives.” WTO Members meet today on whether to continue negotiations amid the pandemic.