How Can We Work Towards Economic Recovery for All?

Publication: Analysis

2021, we all hope, will be the year of recovery. If COVID-19 vaccines are rolled out at scale, including in the developing world, global economic recovery will be large. But that in itself ensures neither that all countries will be included in the recovery, nor that all people within each country will see the gains. A rising tide, as we have seen only too well since US president John F. Kennedy first used the phrase in 1963, does not lift all boats.

People wear face masks to prevent the spread of coronavirus as they travel on the metro amid the COVID-19 pandemic. (IMF Photo/Joaquin Sarmiento)

Elsewhere, CIC has analyzed the high demand for transformative policies in high- and low-income countries alike since the COVID-19 crisis began, including policies for domestic action on inequality and socioeconomic exclusion. This piece takes a more global view and considers how to ensure that all countries benefit, and examines the issues, challenges, and opportunities in financing for development. It looks first at the key political messages that explain why 2021 should be a year of urgent, ambitious global action for shared economic recovery; secondly at the measures under discussion (which are expanded in an annex); thirdly at the political interests at play; and fourthly at foreseeable scenarios for agreement. Last, we outline the calendar of relevant policy meetings this year and the challenge of orchestrating progress between them.

Read the full analysis: How Can We Work Towards Economic Recovery for All?

More Resources

  • Publication: Analysis March 7, 2022 CIC Perspectives

    Blowback from Russia’s invasion of Ukraine

    While the Ukrainian army and people continue to resist, the costs of Russia's invasion in human terms are mounting. As of March 15, the United Nations (UN) had verified 1,900 civilian casualties, including 726 deaths (fifty of them children), as Russia intensifies its assault on civilian targets, seizes the Zaporizhzhia nuclear site, lays siege to Mariupol which is without food, energy, or water in freezing temperatures, continues to threaten Kyiv, begins a push on Odesa and assaults Kharkiv with heavy and indiscriminate shelling. 

  • Publication: Analysis September 20, 2021 Crisis Prevention and Peacebuilding

    Our Common Agenda: A Quick Scan

    On Friday, September 10, 2021, Secretary-General António Guterres presented Our Common Agenda, his response to the request made by UN member states for recommendations in the 75th anniversary declaration adopted in 2020. In this analysis, the teams at NYU’s Center on International Cooperation and Pathfinders share their initial observations and impressions on how Our Common Agenda links to ongoing and planned efforts on peace, justice, inclusion, preventing humanitarian crises, and supporting peacebuilding and multilateralism.

Stay Connected

Join our mailing list to receive regular updates on our latest events, analysis, and resources.