Once the dust settles, supporting emerging economies will be the challenge

Supporting emerging economies at the time of COVID-19 will be the next global challenge and that is where multilateral and bilateral policy coordination is going to focus, with international and regional Finance Institutions being called “to assert the full weight of their resources”. One should hope that that the pandemic will move international cooperation not only in the direction of helping recirculate the capital that is leaving the emerging economies back to them but it will create long-lasting ways to address inequalities and strengthen global governance, write Amit Kara, Corrado Macchiarelli (NIESR) and Renato Giacon (EBRD).