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The Ukraine War Goes Global

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Add to Bookmarks Mar 24, 2022 The Russia-Ukraine conflict risks inflicting extensive collateral damage on many developing economies that were already struggling to recover from the COVID-19 pandemic and cope with the effects of climate change. How should governments rethink their economic and environmental priorities in order to soften the blow? In this Big Picture, Jayati Ghosh of the University of Massachusetts Amherst says multilateral organizations should provide financing to help poorer economies cope with energy and food-price shocks, and back regulations

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The Russia-Ukraine conflict risks inflicting extensive collateral damage on many developing economies that were already struggling to recover from the COVID-19 pandemic and cope with the effects of climate change. How should governments rethink their economic and environmental priorities in order to soften the blow?

In this Big Picture, Jayati Ghosh of the University of Massachusetts Amherst says multilateral organizations should provide financing to help poorer economies cope with energy and food-price shocks, and back regulations to prevent speculation in key markets. Similarly, Ngozi...

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