How the G20 can hasten recovery from COVID-19

Adam Posen and Maurice Obstfeld

No PIIEB20-1 in PIIE Briefings from Peterson Institute for International Economics

Abstract: The world's leading economic powers must cooperate more to combat the health and economic shocks resulting from the COVID-19 pandemic. In a new PIIE Briefing, Peterson Institute experts outline how collective action by the Group of Twenty (G20) nations can make a difference. The PIIE agenda includes removal of trade barriers impeding the flow of medical supplies and food, and more money for research, testing, and disease control, especially for debt-burdened low-income countries. The World Bank and the World Health Organization need more resources to relieve suffering, and the International Monetary Fund must step up to stabilize the world financial system.

Date: Written 2020-04
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Persistent link: https://EconPapers.repec.org/RePEc:iie:piiebs:piieb20-1

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