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Seminar Video: What are the socio-economic impacts of COVID-19 on the most vulnerable?
Members of the Business Fights Poverty share their insights through a series of "how-to" videos and seminars on the themes of Business Fights Poverty Online 2020. Dr Dirk Willem te Velde is a Principal Research Fellow and Director for International Economic Development at the Overseas Development, Institute looks at the socio-economic impacts of COVID-19 on the most vulnerable
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CHALLENGE: How can business support the most vulnerable in value chains and communities in the face of COVID-19?
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Dr Dirk Willem te Velde is a Principal Research Fellow and Director for International Economic Development at the Overseas Development Institute. He is the Director of Supporting Economic Transformation and a Research Leader for the DFID-ESRC Growth Research Programme.
This crisis is likely to be much worse, two to three times worse [than the Financial Crisis of 2007-08], explains Dr te Velde.
WHY THIS SESSION IS IMPORTANT
The aim of this session is to help business professionals understand the socio-economic effects of COVID-19, learn the latest thinking on these issues, and discover what companies can do in the current situation.
WHAT IT COVERS
- The socio-economic effects of COVID-19 in sub-saharan African countries as well as other low income countries, the channels through which the impact takes place, and who are the most vulnerable to the pandemic
- The responses of domestic economic policies and developments in the private sector
- The international response to the crisis and what is lacking
- The role of business in addressing the consequences of COVID-19 and why CEOs must take them seriously
Seminar Session: Dirk Willem te Velde from Business Fights Poverty on Vimeo.
RESOURCES
- Valuable workers in GVCs
- African private sector jobs
- General global action plans from a southern perspective
- General coronavirus resources
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