World Bank Live Presents : The COVID-19 pandemic has caused major disruptions in the global economy that could have lasting adverse effects. If history is any guide, the global economy is heading for a decade of growth disappointments. Uncertainty about the post-pandemic economic landscape and policies has discouraged investment; disruptions to education have slowed human capital accumulation; concerns about the viability of global value chains and the course of the pandemic have weighed on trade and tourism.
coast, along with more unpredictable rainfall, have made these floods worse over time. Each flood cuts access to the only road connecting people to farms, jobs, and public health services and put thousands of lives and livelihoods at risk. In 2020, the World Bank-financed 
of fragility, conflict, and violence (FCV). There are still many things we don’t know, but we have made progress: We can draw lessons from programs financed out of the US$14 billion investment in FCV through IDA18 and a number of new impact evaluations.
globe ask this question and come up with different answers. For example, the European Union puts the spotlight on 
remain below pre-pandemic trends for a prolonged period. The pandemic has exacerbated the risks associated with a decade-long wave of global debt accumulation. It is also likely to steepen the long-expected slowdown in potential growth over the next decade. In his Foreword, World Bank Group President David Malpass notes that “Making the right investments now is vital both to support the recovery when it is urgently needed and foster resilience. Our response to the pandemic crisis today will shape our common future for years to come. We should seize the opportunity to lay the foundations for a durable, equitable, and sustainable global economy.”
Netherlands for the World Bank 
You must be logged in to post a comment.