COVID-19 Crisis: How South-South Cooperation Can Support Economic Recovery
Viewpoint by Richard Kozul-Wright
The writer is Director of Globalization and Development Strategies, UNCTAD.
GENEVA (IDN) – The COVID-19 crisis is stress testing the capacity of governance arrangements to deal with unexpected shocks.
Results point to considerable variation at the national level, but it’s difficult to give anything above a B minus to the response at the multilateral level.
UNCTAD’s Trade and Development Report Update sets out how South-South cooperation, though not a substitute for a proper international response to the crisis, can point towards a better future.