The timeline for, and success of, the social, financial, and economic recovery from the Covid-19 pandemic will depend on many things (e.g., the development of therapeutics and a vaccine and ongoing policy intervention), but healthcare officials and economists warn that the situation might get worse before it gets better. More people will get sick and die, global GDP will decline, some jobs might never return, and some businesses could close their doors for good—even if governments act aggressively to suppress the spread of the virus and provide additional fiscal stimulus. It is unclear for how long these consequences will linger.

The consequences of neoliberalism and related value-extracting behaviors have been put on full display throughout the Covid-19 pandemic. “Essential” workers in industries and occupations required to continue working during “shutdowns,” for example, have not always been able to obtain adequate equipment to protect themselves from the virus and sometimes lack access to the health insurance and paid leave needed for when they contract it. Racial and ethnic minorities, women, and migrant laborers in many countries are more likely to work in these “essential” jobs and to get sick and die from the virus. Further, related political polarization and fractured social cohesion have permeated individuals’ acceptance (or lack thereof) of science based public health recommendations during the pandemic in some countries.

Addressing Systemic Social Risk: A Roadmap for Financial System Action - The Investment Integration Project, 2020 DOWNLOAD

post

page

attachment

revision

nav_menu_item

custom_css

customize_changeset

oembed_cache

user_request

wp_block

wp_template

wp_template_part

wp_global_styles

wp_navigation

wp_font_family

wp_font_face

acf-taxonomy

acf-post-type

acf-field-group

acf-field

ai1ec_event

exactmetrics_note

Sparkling Jewels, Opaque Supply Chains: Jewelry Companies, Changing Sourcing Practices, and Covid-19
COVID-19 resources

The Covid-19 pandemic has demonstrated the fragility of global supply chains and the vulnerability of people working at the bottom of these supply chains. In the mining sector, the pandemic has had devastating effects on workers and communities arou...Read More

COVID -19 Pandemic Trafficking in Persons considerations in internal displacement contexts
COVID-19 resourcesGuidance

Trafficking occurs before, during, and after crises. It may occur at any stage of displacement and in any location. Traffickers capitalize on the widespread human, material, social and economic losses and consequent vulnerabilities caused by emergen...Read More

COVID-19 and Modern Slavery within the Hospitality Sector
COVID-19 resourcesGuidance

The COVID-19 outbreak has been affecting Asia since January 2020. It is now a global pandemic, with over 5.7 million cases detected in 168 countries and over 352,000 deaths globally as of 27 May 2020. Much of the world has implemented severe quarant...Read More

Understanding the Effect of the COVID-19 Pandemic on Informal Apparel Workers in Bangladesh
COVID-19 resources

This briefing presents the results of a survey conducted with informal Ready-made Garment (RMG) workers in Bangladesh to assess their heightened vulnerabilities during the COVID-19 pandemic in relation to food security, debt, reduced employment, and...Read More