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How the coronavirus could throw global progress in reverse (good read via Axios)

So what is the future of GLOBALISATION?

The story of humanity in the postwar era and even further back is largely one of success, of longer lives, lessened poverty, and greater freedom. But the unprecedented shock of the coronavirus could change much of that — unless the world’s governments act quickly to protect the most vulnerable… According to the International Labor Organization, 1.6 billion workers in the informal employment sector are in danger of losing their livelihoods because of the pandemic”

“Even before the pandemic, income inequality in the U.S. was at its highest level since the government began tracking it in 1967. And U.S. life expectancy dropped in 2019 for the third year in a row, driven by poor overall health and deaths of despair”

Read more at Axios.com

Read more of my posts on Globalisation

  • The UN is urging rich nations to set aside $90 billion to protect the most vulnerable 10% of the world’s poorest people. That would be paid in part with a one-year $30 billion increase in the $150 billion dedicated to official development assistance.
  • Reality check: While nations have channeled hundreds of millions in aid to directly fight the coronavirus, finding an additional $30 billion in the midst of a global economic depression is an impossibly tough ask.

Read more at Axios.com

Watch my PostCorona short film below (just click on the play button)

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