Around half of the world population living in extreme poverty resides in fragile states which are the least prepared to address the health and economic crises in the wake of the COVID-19 pandemic. Understanding how state fragility should be taken into account in the design of macro-economic policy and crisis response is therefore crucial.
The presentations will discuss the concept of state fragility, explain how the macro-economies of fragile states differ from those of other developing economies, and update on the status of fighting the COVID-19 pandemic and related economic crisis in fragile states. The speakers will offer lessons regarding policies to escape fragility, policies to manage fragile economies, and crucial steps that fragile states and the international community need to take to fight the crisis.
Oriana Bandiera is Professor of Economics at LSE and the Director of STICERD.
Tim Besley is School Professor of Economics of Political Science and Sir W. Arthur Lewis Professor of Development Economics in the Department of Economics at LSE.
Dr Raphael Espinoza is Deputy Division Chief in the Fiscal Affairs Department, International Monetary Fund and external research associate at the University of Oxford.
Adnan Khan is Professor in Practice at the LSE School of Public Policy.
Dr Ralph Chami is Assistant Director (ICD) at the International Monetary Fund.
Dr Jonathan Leape is Associate Professor of Economics at LSE and Director at the LSE International Growth Centre.
Professor Erik Berglof is Director at the Institute of Global Affairs at LSE School of Public Policy.
This event is part of the LSE Series on COVID-19 Crisis Management and Post-Crisis Reconstruction - lessons from the past and early insights from the current crisis
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