The Economic Impact of COVID-19 on Developing Countries

Part 1 – Addressing the Short Term Aspects

Credit: UN Population Fund (UNFPA)

AMSTERDAM/ROME, Apr 1 2020 (IPS) – What is likely to be the impact of the COVID-19 pandemic on developing economies? It is difficult to make predictions, because much will depend on the spread of the disease, especially in Africa, Latin America, Asia and the Middle East, and the measures various Governments will take in the coming weeks and months. 

This two part article looks at possible economic impacts and what actions may be required to minimize disruptions on the poor and vulnerable. The first part looks at short term actions, whereas the second will look at possible medium …