Giving Compass' Take:
- Here are three powerful lessons that can help accelerate progress on global prosperity as countries navigate economic recovery in the wake of the COVID-19 pandemic.
- How can donors play a role in helping advance economic prosperity and offer recovery aid?
- Read more about the phases need for a global economic response to COVID-19.
What is Giving Compass?
We connect donors to learning resources and ways to support community-led solutions. Learn more about us.
This time last year, no one could have foreseen the dramatic way in which 2020’s challenges would alter people’s lives around the world. The COVID-19 pandemic introduced new complications to people everywhere, but among those battered most by its economic impact were those living in emerging economies where prosperity was already struggling to take hold.
As we tailored our research to offer innovators, policymakers, and development practitioners a practical roadmap for building back better, we uncovered powerful lessons that, if learned from as a global community, can accelerate our collective progress in the quest for global prosperity. Here are three of our biggest takeaways from 2020.
- Lesson one: Global progress against poverty during the past several decades has been fragile, if not misleading.
- Lesson 2: Wealthy countries are better able to weather economic storms.
- Lesson 3: Private sector actors—specifically market-creating innovators—play a critical role for societies in crisis.
Read the full article about global prosperity work by Lincoln Wilcox at Christensen Institute.