학술논문

Global Finance and the COVID-19 Pandemic in Africa
Document Type
Book
Source
COVID-19, the Global South and the Pandemic’s Development Impact. :38-55
Subject
Language
Abstract
In July 2021, Africa entered a third wave of COVID-19 after months of rising cases, hospitalization and deaths. In January 2022, Africa was hit by a fourth wave, after six continual weeks of surging numbers. The situation is likely to worsen given low vaccination rates. Many writers have pointed to causes like vaccine apartheid and the grabbing of health supplies by wealthy countries. Others have focused on the lack of health goods and service capacities in African countries, with terrible implications for their health and domestic economic conditions. Less has been written about how the historical patterns of financial flows have created these trends, how these flows had changed prior to COVID-19 and how the pandemic has affected debt levels and influenced the mix between aid, remittances, sovereign bond markets and other private flows and Chinese lending. A particular focus will be on how the West, through the International Monetary Fund and World Bank, is attempting to use the crisis to re-empower its presence in Africa.
This collection reflects on key issues that have arisen globally going into a third year of the COVID-19 pandemic and explores their implications for international development. The emerging disparities and disparate responses on global and national scales mean that the implications of this pandemic will affect regions and societies in radically different ways. What has emerged to date has been further crises of disconnection and a pervasive health provision crisis that has exacerbated socioeconomic inequalities and uneven development globally. Contributors focus on development implications, medical impacts, gender (in)equality dimensions, human rights breaches and the effects on migration, climate change and economic inequality, among other issues. Particular attention is paid to the accentuated risks faced by vulnerable populations and the differing impacts of policy interventions and governmental adaptation to the necessity of public protection.EPDF and EPUB available Open Access under CC-BY-NC-ND licence.Though a globally shared experience, the COVID-19 pandemic has affected societies across the world in radically different ways. This book examines the unique implications of the pandemic in the Global South.With international contributors from a variety of disciplines including health, economics and geography, the book investigates the pandemic’s effects on development, medicine, gender (in)equality and human rights among other issues. Its analysis illuminates further subsequent crises of interconnection, a pervasive health provision crisis and a resulting rise in socio-economic inequality.The book’s assessment offers an urgent discourse on the ways in which the impact of COVID-19 can be mitigated in some of the most challenging socio-economic contexts in the world.EPDF and EPUB available Open Access under CC-BY-NC-ND licence. This book examines the unique implications of the pandemic in the Global South. With international contributors from a variety of disciplines, it investigates the pandemic’s effects on development, medicine, gender (in)equality and human rights among other issues.

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