C3-Radio: COVID-19 and the Global South – Perspectives and Challenges

Presentation of the ÖFSE Flagship Report "Österreichische
Entwicklungspolitik 2021“


The COVID-19 pandemic has hit developing countries particularly
hard, both economically and socially. Massive income losses,
impoverishment and rising inequality, overburdened health systems
and a regression in education participation are only the first
immediately perceptible impacts. Medium- to long-term
implications, for example a worsening financial and debt
situation or changing global production patterns, are not yet
easy to assess, but are in part worrying. Development policy and
development cooperation must react to these impacts and try to
counteract them. The presentation of the ÖFSE Flagship Report
2021 will be dedicated to this topic. In the first part, we will
analyse the financial flows from Austria to developing countries.
In a second part, we will discuss issues arising from the impact
of the pandemic on the Global South and possible ways forward.


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