Developing countries and the international community can take steps now to hasten recovery after the worst of the health crisis has passed, according to analytical chapters released from our latest Global Economic Prospects report. Securing core public services, getting money directly to people, and maintaining the private sector will limit the harm and help prepare for recovery.
Food security: Malawi’s chronic condition of nutrition and food insecurity can deteriorate further in the coming months and COVID-19 can make the fragile agri-based economic system fall apart. To ensure food security, Malawi needs to keep the food system going. Three immediate actions are needed.
Community impact: The World Bank’s community-driven operations draw from a strong track record of moving funds quickly and flexibly in response to crises, including in Indonesia after the 2004 tsunami. Such platforms can quickly support immediate action during COVID-19 as well.
Related: The COVID-19 crisis highlights the everyday vulnerability in rural Indonesia, where 35 million people lack basic water and 70 million lack basic sanitation. Learn how the PAMSIMAS Program continues to improve WASH access for those who need it most.
Health and Sanitation: With a weak health system and lack of access to water and sanitation, Haiti faces significant risks from the COVID-19 pandemic. The World Bank’s response to COVID-19 focuses on detection and infection control in health facilities while improving access to water, sanitation, and hygiene (WASH) in public spaces and health facilities.
Telecom is booming: COVID-19 has caused a spike in the demand for connectivity and digital services. In this new sector analysis, IFC explains how this has brought business opportunities for telecoms companies.
Due (data) diligence: The timeliness of COVID-19 case data has had a marked impact on the global fight to limit the deadly virus, leading us to wonder: What would the world look like if all development data were as timely as COVID-19 case data?
Circular economy: Principles of the circular economy are being applied to help us cope with the current pandemic. What lessons can we take from COVID-19 for a sustainable future?
Listen: The World Bank’s Global Director for Education, Jaime Saavedra, walks us through COVID-19’s impact on schools, students, learning, and the solutions countries are implementing.
Go deeper: Learn how the World Bank Group is responding to the COVID-19 (coronavirus) pandemic. Explore our multilingual portal. Click, bookmark and come back for updates.