Connect with us

Development

Revealed: The cost of the pandemic on world’s poorest countries

Published

on

More than 32 million of the world’s poorest people face being pulled back into extreme poverty because of COVID-19, leading UN economists said on Thursday, highlighting data showing that the pandemic is likely to cause the worst economic crisis in decades among least developed countries (LDCs). 

In a call for urgent investment and support from the wider international community, the UN trade and development agency, UNCTAD, warned that the new coronavirus risked reversing years of “painstaking progress” in poverty reduction, nutrition and education. 

“The COVID crisis is leading LDCs to their worst economic crisis in 30 years, with per capita GDP (Gross Domestic Product) for the group expected to fall by 2.6 per cent this year ,” said Mukhisa Kituyi, UNCTAD Secretary-General, during a virtual press conference.

“We project that absolute poverty indices will be expand by 32 million, and extreme poverty rates in these countries will rise from 32.5 per cent to 35.7 in the current year.” 

An estimated 1.06 billion people live in the 47 LDCs, which account for less than 1.3 per cent of global economic turnover, orGDP.  

Extreme poverty is defined as having an income lower than $1.90 per day. 

In 2019, average earnings per capita in these countries – which are mainly in Africa – was $1,088 compared with the world average of $11,371, the UN agency said, highlighting their weak infrastructure and reduced financial means to withstand economic shocks.  

Disastrous fallout 

The potentially disastrous fallout from the new coronavirus pandemic could be reversed with urgent investment and support from the international community to help overcome LDCs’ vulnerabilities and improve their manufacturing capacity, Mr. Kituyi insisted. 

Turning to concerns about how COVID-19 threatens to push back moves to implement much-needed transformative economic changes in line with the Sustainable Development Goals (SDGs), the UNCTAD chief said that those which had invested most in boosting production capacity were the ones that were likely to weather the global downturn. 

“The LDCs that have been most active and innovative in combating the pandemic have been those with the most productive capacity or institutional capacity,” Mr. Kituyi said. “Countries like Senegal, which produced cheap and rapid COVID testing kits, Bangladesh and others like Ethiopia, repurposing garment factories to produce PPEs (personal protective equipment).”  

The development of productive capacity had been “too small” in most LDCs which have now “fallen behind” other developing countries, Mr Kituyi explained.  

 “Structural transformation in the LDCs has been restricted to just a handful of countries like Bangladesh, Ethiopia, Cambodia, Laos, Myanmar, Nepal and Rwanda. Only in these small handful of LDCs have we experienced sufficient industrial growth and an expansion of modern services sectors, leading to stronger labour productivity gains.” 

By contrast, most African LDCs and Haiti have seen much smaller structural change, where agriculture and other traditional activities were likely to see continuing low levels of economic growth and lead to little improvement in people’s living standards. 

The report, which assesses the economic potential and capacity of least developed countries,  also highlights what key measures will help them recover better after the pandemic. 

As an example of sustainable industrial change, it cited Uganda’s Kayoola Bus initiative, which  has established the domestic production of buses powered mainly by renewable energy, to tackle the environmental and health problems of transport-related air pollution. 

Continue Reading
Comments

Development

Lighthouse Partnerships Gain Momentum on Social Justice

Published

on

Crises in climate, health and inequality are compelling organizations to align business strategies with equity and social justice values.

In a new whitepaper, Lighthouse Action on Social Justice Through Stakeholder Inclusion, the World Economic Forum, in collaboration with Business for Social Responsibility (BSR) and Laudes Foundation, shines a light on emerging corporate momentum supporting stakeholder inclusion and social justice.

Through the case studies of nine “lighthouse examples,” the report chronicles how the following companies and coalitions are establishing stakeholder inclusion models and best business practices in three key areas:

Making investments targeting impacted communities in value chains and ecosystems:

– The Resilience Fund for Women in Global Value Chains (UN Foundation, BSR, Women Win/Win-Win, Gap Foundation, PVH Foundation, H&M Foundation, the VF Foundation, and the Ralph Lauren Corporate Foundation)

– In Solidarity Program (Mastercard)

– Replenish Africa Initiative (The Coca-Cola Foundation)

Influencing public policy and speaking out as corporate citizens:

– Open for Business Coalition (39 major corporations)

– Racial Equality and Justice Task Force (Salesforce)

Applying rigorous accountability practices and sharing power with workers in supply chains and communities:

– Unilever’s Living Wage commitment (Unilever)

– Farmer Income Lab (Mars, ABinBev, Danone, Oxfam, IDH, Livelihoods Fund for Family Farming, UNDP)

– Amul Supplier Cooperative Ownership (Amul)

– Patagonia’s Implementation of Regenerative Organic Certified Standards in its Apparel Supply Chain (Patagonia)

The whitepaper outlines successes and pain points as these leading lighthouse partnerships between business and civil society strive for more meaningful participation with communities most impacted by systemic injustices. Each business is unique in its culture and path to long-term value creation, but all are committed to the belief that stakeholder primacy leads to optimal outcomes.

The time to move forward with these ideals is now, and the conclusion is clear in that, “…the crises of pandemic, protest and social disruption have created an inflection point for many companies to evaluate their corporate sustainability strategies,” said David Sangokoya, Head, Civil Society and Social Justice, World Economic Forum. “Stakeholder inclusion must be at the centre of any corporate action on equity and social justice in our unequal world…positioning business on the path towards redesigning business models that shift power and value towards stakeholder primacy.”

Continue Reading

Development

Lebanon crisis: More international assistance needed urgently

Published

on

lebanon beirut
Photo: Marten Bjork/Unsplash

Lebanon’s enduring economic crisis risks reversing decades of gains in people’s wellbeing, the head of the UN World Health Organization (WHO) said on Friday.    

Speaking from the capital, Beirut, at the end of a two-day visit to the beleaguered Mediterranean country, Tedros Adhanom Ghebreyesus described finding shortages of “basic and essential medicines”. 

Although the WHO has done what it can to fill gaps in healthcare there for the last 15 years, the WHO Director-General said that the situation had become “very dire” and that international support was needed immediately.  

“It’s not just COVID, almost all services are being affected,” he said. “We visited two hospitals today… they told us that you know, they had, patients, cancer patients or other patients, but a shortage of medicines and those who cannot afford not having access to, they can’t have medicine, so meaning other services are being disrupted, and this is life, life, life and death.” 

Lebanon’s unprecedented political and economic crisis has been made worse by the COVID pandemic and last August’s port explosion. 

Fuel and power shortages

Tedros said that when he went to meet top Government officials, a power cut interrupted their encounter. 

Similar fuel shortages have left hospitals functioning at 50 per cent capacity, the WHO Director-General said, adding that he had agreed to send a team of health experts to Lebanon to offer technical support as soon as possible. 

The UN health agency has also provided “Band-Aid” assistance to the country’s medical sector, Tedros added. 

This includes the purchase of essential medicines for 450,000 patients with acute and chronic conditions last year and this year. 

But Dr Iman Shankiti, WHO Representative in Lebanon, told journalists that the caseload is now increasing and that demand is growing for medications to treat cancer, dialysis and emergency patients. 

“At one point in time we were able to support 2,000 cancer paediatric cases and we were able to support 17,000 persons with catastrophic medications, but this is not enough,” she said. “I cannot say that we have filled the gap, we have closed the shortage. The needs are huge….It needs a whole-of-Government approach (to solving the shortages)”. 

Regional insecurity risk 

While in Beirut, Tedros visited several health facilities, including the newly renovated Central Drug Warehouse that had been destroyed by the Beirut port blast.

Accompanying him, Dr Ahmed Al Mandhari, Regional Director for the Eastern Mediterranean, highlighted the threat to regional instability if Lebanon’s health sector was not propped up.

The country was rapidly losing its longstanding status as a key provider of medical professionals, he warned, as its youngsters left the country to seek work elsewhere.

Lebanon’s strong vaccination and immunisation system was also under threat, said Dr Al Mandhari, noting that it had “protected the children of Lebanon and all those living in Lebanon, which helped us in the region and beyond to control communicable diseases like for example polio, measles and other communicable diseases that affect adults and children. So, if there is a break or a weakness in this expanded programme of immunisation in the country it will definitely hit other countries in the region.”

Continue Reading

Development

77 million children have spent 18 months out of class

Published

on

The UN Children’s Fund (UNICEF) says the world is facing an education crisis due to the COVID pandemic, that has left nearly 77 million children shut out of the classroom for the past 18 months.  

This Thursday, the UN agency is closing down its social media channels for the next 18 hours to send one message to the world: #ReopenSchools for in-person learning as soon as possible. 

The UN Educational, Scientific and Cultural Organization (UNESCO) is joining UNICEF, together with the World Bank, the European External Action Service (EEAS), the European Commission Humanitarian Aid operation, the LEGO Foundation and the WEF Global Shapers community of world youth.  

Right to education 

For UNICEF, the right to go to school is central to every child’s development, safety and well-being. Yet in too many countries, classrooms remain closed while social gatherings continue to take place in restaurants, salons and gyms. 

The agency believes “this generation of children and youth, cannot afford any more disruptions to their education.” 

New numbers from UNESCO, released this Thursday, show that schools are now fully open in 117 countries, with 539 million students back in class, ranging from pre-primary to secondary levels. 

This represents 35 per cent of the total student population across the world, compared to 16% who returned to school in September 2020, when schools were only open, or partially-open, in 94 countries. 

Around 117 million students, representing 7.5 per cent of the total, are still affected by complete school closures in 18 countries. The number of countries with partly open schools, has declined from 52 to 41 over the same period.  

In all countries that had prolonged full school closures, education was provided through a combination of online classes, printed modules, as well as tuition through TV and radio networks. 

Schools can reopen safely 

UNESCO and its Global Education Coalition partners have been advocating for the safe reopening of schools, urging full closures to be used as a measure of last resort. 

Since the onset of the pandemic, schools were completely closed for an average of 18 weeks (4.5 months) worldwide. If partial closures are accounted for, the average duration of closures represents 34 weeks (8.5 months) worldwide, or nearly a full academic year. 

For UNESCO, the past two academic years have resulted in learning losses and increased drop-out rates, impacting the most vulnerable students disproportionately.  

Schools in most countries have adopted some forms of sanitation protocol such as wearing masks, using hand sanitizers, improving ventilation and social distancing, which were also key to re-opening schools last year. 

Some countries have also introduced large scale testing as well as temporary classroom and school closures when the virus is detected.  

Vaccination key 

Rising vaccination rates among both general population and teaching staff, has also been a key factor in reopening schools. 

The vaccination of teachers has been prioritized in around 80 countries, allowing for the inoculation of some 42 million teachers. In a handful of countries, the vaccination of students aged 12 and over, is an important factor in determining the full re-opening of schools. 

Action to accelerate the recovery of learning losses remains an essential component of national COVID-19 education responses. For that, UNESCO says teachers and educators need adequate support and preparation. 

Connectivity and bridging the digital divide also remain key priorities in building the resilience of education systems and providing hybrid learning opportunities. 

For that reason, UNESCO, UNICEF and the World Bank have partnered in an initiative called Mission: Recovering Education 2021, that supports governments in bringing all learners back to school, run programmes to help them catch up on lost learning, and prepare teachers to address learning losses and incorporate new digital technology.

Continue Reading

Publications

Latest

Terrorism Terrorism
Terrorism28 mins ago

A shift in militants’ strategy could shine a more positive light on failed US policy

A paradigm shift in jihadist thinking suggests that the US invasion of Afghanistan may prove to have achieved more than...

Eastern Europe2 hours ago

Ukraine’s EU-integration plan is not good for Europe

Late this summer, Estonia, in the person of its president, Kersti Kaljulaid, became the first EU country to declare that...

Intelligence4 hours ago

The AUKUS Alliance and “China’s Maritime Governance Strategy” in the Indo-Pacific

1) Announcing the (French-Indian alliance) to confront the (Australian-American alliance) for establishing a (new multilateral system), and the AUKUS alliance...

Europe6 hours ago

Europe tells Biden “no way” to Cold War with China

Amidst the first big transatlantic tensions for the Biden Administration, a new poll shows that the majority of Europeans see a...

East Asia10 hours ago

The Demise of a French Sub Deal: Is China a Threat?

The conflict between emerging and existing powers is almost as old as time.  Labeled the Thucydides Trap, it first recounted...

Development14 hours ago

Lighthouse Partnerships Gain Momentum on Social Justice

Crises in climate, health and inequality are compelling organizations to align business strategies with equity and social justice values. In...

Defense16 hours ago

AUKUS: Human-made disaster

AUKUS is a new military alliance that emerged recently, among Australia, UK, and The US. Under this alliance, it has...

Trending