The Great Divergence: A pandemic's effect on the dichotomy between developed and emerging countries:
Description
The effects of the pandemic have varied greatly between developed and emerging countries, with the latter generally having difficulty managing the health crisis due to much more limited fiscal and monetary capabilities, and more difficulties accessing vaccinations.
The recovery is also very uneven, even more so within the "emerging bloc" where situations are very diverse. In many countries, particularly among the less developed, the crisis will have a lasting impact and the scars will take time to fade.
Will the Covid-19 pandemic signal the end of the convergence process as we have known it since the end of the 20th century? Will we return to the "Great Divergence"?
Speakers:
Xavier Durand, CEO, Coface
Thomas Gomart, Director, Ifri - French Institute of International Relations
Pascal Minault, Chairman and CEO, Bouygues Construction
Tania Sollogoub, Economist, Crédit Agricole Group
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