COVID-19

The argument for suspending debt payments for emerging economies throughout the pandemic

A resident looks out of the window as a worker wearing protective gear sprays disinfectant to sanitise parts of Madala Men's Hostel during a 21-day nationwide lockdown to try to contain the coronavirus disease (COVID-19) outbreak, in Alexandra, South Africa April 1, 2020. REUTERS/Siphiwe Sibeko - RC2QVF9615M1

The economic fallout of the pandemic in most emerging and developing economies is likely to be far worse than the rest of the world. Image: REUTERS/Siphiwe Sibeko

Kenneth Rogoff
Maurits C. Boas Chair of International Economics, Harvard University
Carmen M. Reinhart
Minos A. Zombanakis Professor of the International Financial System, Harvard Kennedy School of Government
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The World Trade Organization expects global trade to decline by 13-32% in 2020. Image: World Trade Organization
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