Calibrating the COVID-19 Crisis Response to the SDGs

The COVID-19 crisis is now a global one that has also morphed into larger and more global economic and social crisis than the financial collapse of 2008-9. High income countries have done well to backstop their financial systems and have also begun to begun to advance bold stimulus packages for the recovery.

However, emerging market and developing countries lack the wherewithal for such a response and worse—they are experiencing flight of portfolio capital like no other period in their memories. 

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