As rich-poor divide widens between nations, UN urges reform
Al Jazeera
Developing countries could shoulder most of the cost of the coronavirus crisis, a new report from the UN warns.
A new report from the United Nations on Wednesday highlights divergent economic recoveries between nations and throws fresh urgency behind warnings that richer nations are not doing enough to help poorer countries from falling further behind as the world recovers from COVID-19 disruptions.
“It’s really frustrating to see how responses to the pandemic have panned out rather disjointedly,” said Inu Manak, an expert in international political economy at the Cato Institute, a libertarian think-tank based in Washington, DC in the United States.
“During the financial crisis, there was a statement of all advanced countries shunning protectionism, but during the pandemic, we saw a doubling down of borders and a turn inwards and a push toward self-reliance rhetoric,” she told Al Jazeera.
