IMF: How social unrest can inspire changes in policy

Activists rally for global access to the coronavirus disease (COVID-19) vaccine, outside Pfizer World Headquarters in New York City, New York, U.S., July 14, 2021.

Protests driven by the pandemic’s economic fallout are on the rise, with potentially long-lasting economic consequences. Image: REUTERS/Brendan McDermid

Samuel Pienknagura
Economist , Regional Studies Division, Western Hemisphere Department, IMF
Luca Antonio Ricci
Division Chief, Western Hemisphere Department, IMF
Metodij Hadzi-Vaskov
Regional Resident Representative for Central America, Panama and the Dominican Republic., IMF
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Economic damage from social unrest can be long lasting.
On average, GDP remains 1 percentage point below its pre-shock level a year after a major protest. Image: IMF
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Related topics:
COVID-19Economic ProgressFuture of WorkPandemic Preparedness and ResponseInequality
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