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   Здружение за еманципација, солидарност и еднаквост на жените.

 

 

 

 

The COVID-19 Gender Gap

July 21, 2020 - By Kristalina GeorgievaStefania FabrizioCheng Hoon Lim, and Marina M. Tavares

The COVID-19 pandemic threatens to roll back gains in women’s economic opportunities, widening gender gaps that persist despite 30 years of progress.

Well-designed policies to foster recovery can mitigate the negative effects of the crisis on women and prevent further setbacks for gender equality. What is good for women is ultimately good for addressing income inequality, economic growth, and resilience.

Why has COVID-19 had disproportionate effects on women and their economic status? There are several reasons.

First, women are more likely than men to work in social sectors — such as services industries, retail, tourism, and hospitality — that require face-to-face interactions. These sectors are hit hardest by social distancing and mitigation measures. In the United States, unemployment among women was two percentage points higher than men between April-June 2020.

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Amid Multiple Crises, World Bank Group Refocuses Programs and Increases Financing to $74 billion in Fiscal Year 2020

WASHINGTON, July 10, 2020 – As people in developing countries around the world faced multiple crises, including the COVID-19 pandemic, the World Bank Group worked to respond quickly with technical and policy advice, and scaled up financing targeted to the poor and towards improving development outcomes. World Bank Group support rapidly adjusted to help countries fight the pandemic by focusing on four priorities: saving lives threatened by the pandemic; protecting the poor and vulnerable; securing the foundations of the economy to shorten the time to recovery; and strengthening policies and institutions for resilience based on transparent and sustainable debt and investments. To support these emergency programs, World Bank Group financing was significantly scaled up, reaching $74 billion in commitments.

Financing deployed, together with technical and policy advice and analytical support, is helping countries address health and economic impacts of the pandemic, maintaining countries’ private sector, aiding nations with food insecurity due to locust swarms in Africa and the Middle East, and combating widening inequality, among other key priorities.

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Doing Business 2020

Doing Business provides objective measures of business regulations for local firms in 190 economies.

HIGHLIGHTS

Main findings for Doing Business 2020:

  • Doing Business captures 294 regulatory reforms implemented between May 2018 and May 2019. Worldwide, 115 economies made it easier to do business.
  • The economies with the most notable improvement in Doing Business 2020 are Saudi ArabiaJordanTogoBahrainTajikistanPakistanKuwaitChinaIndia and Nigeria. In 2018/19, these countries implemented one-fifth of all the reforms recorded worldwide.
  • Economies in Sub-Saharan Africa and Latin America and the Caribbean continue to lag in terms of reforms. Only two Sub-Saharan African economies rank in the top 50 on the ease of doing business; no Latin American economies rank in this group.
  • Doing Business 2020 continues to show a steady convergence between developing and developed economies, especially in the area of business incorporation. Since 2003/04, 178 economies have implemented 722 reforms captured by the starting a business indicator set, either reducing or eliminating barriers to entry. 
  • Those economies that score well on Doing Business tend to benefit from higher levels of entrepreneurial activity and lower levels of corruption.
  • While economic reasons are the main drivers of reform, the advancement of neighboring economies provides an additional impetus for regulatory change.
  • Twenty-six economies became less business-friendly, introducing 31 regulatory changes that stifle efficiency and quality of regulation.

More…

https://www.doingbusiness.org/

 

A Decade After the Global Recession

This year marks the tenth anniversary of the 2009 global recession. Most emerging market and developing economies weathered the global recession relatively well, in part by using the sizeable fiscal and monetary policy ammunition accumulated during the prior years of strong growth.  However, their growth prospects weakened since then, and many have less policy space.

A Decade After the Global Recession provides the first comprehensive stock-taking of the decade since the global recession from the perspective of emerging market and developing economies. Many of these economies have now become more vulnerable to economic shocks. The study discusses lessons from the global recession and policy options for these economies to strengthen growth and be prepared should another global downturn occur.

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