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UN Department of Economic and Social Affairs (DESA) Policy Briefs
The United Nations Department of Economic and Social Affairs provides thought leadership through its UN DESA Policy Briefs series, presenting timely and relevant analysis and policy guidance on global economic and social issues.
101 - 103 of 103 Результаты
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COVID-19: Addressing the Social Crisis Through Fiscal Stimulus Plans
Авторы): United Nations, Marta Roig, Martjin Kind and Jonathan PerryДата публикации: мая 2020Больше МеньшеThe unfolding health crisis poses unprecedented challenges to individuals, families, Governments and to the international community. While containing the coronavirus pandemic is the most urgent priority, countries are quickly acting to counter its negative impact on employment and poverty, including through fiscal stimulus plans. Whether these plans will protect the most disadvantaged people and households over the long-term depends on their size, duration and on how measures are implemented.
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The COVID-19 Pandemic Puts Small Island Developing Economies in Dire Straits
Авторы): United Nations, Hamid Rashid, Poh Lynn Ng, Hoi Wai Jackie Cheng and Andrea GrozdanicДата публикации: мая 2020Больше МеньшеCOVID-19 (coronavirus) is posing significant health and economic risks to small island developing economies, given their small economic base, high degree of openness and extreme dependence on economic performance of a few developed economies. Amid sharp falls in tourism revenues and remittances flows, small island economies are likely to experience the most pronounced contraction in 2020, further exacerbating their vulnerability to economic and climatic shocks. Disproportionately high debt-servicing burdens of many small island economies will weaken their external balance, potentially increasing the likelihood of debt defaults. Many small island economies—highly dependent on food imports—face the added challenge of ensuring food security during the health and economic crisis. The pandemic response will constrain the fiscal space of small island developing economies and exacerbate their vulnerabilities to natural disasters brought about by climate change. Scaled-up international development cooperation will remain critical for ensuring that small island economies can strengthen their health response to the pandemic, while safeguarding food security and averting an economic crisis.
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Commodity Exporters Face Mounting Economic Challenges as Pandemic Spreads
Авторы): United Nations, Hamid Rashid, Sebastian Vergara, Helena Afonso and Ingo PitterleДата публикации: мая 2020Больше МеньшеMany commodity-dependent economies will likely face an economic crisis before they are hit by the coronavirus pandemic. Unlike most developed economies, commodity exporters saddled with large budget deficits and high levels of government debt will find it extremely difficult to roll out large fiscal stimulus. These economies are in a significantly tighter fiscal position now than they were during the global financial crisis, making it harder for them to borrow externally. Multilateral and concessional debt are increasingly critical financing options for many of these economies. The United Nations system entities can steer, facilitate and coordinate access to multilateral financing to help these economies scale up pandemic preparedness, minimize the risk of an economic crisis, and accelerate their sustainable development.
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