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High vulnerability to crisis: The results of the BTI 2020 in the context of COVID-19. Bertelsmann Stiftung Policy Brief 2020/01 April 2020.

Hartmann, Hauke (2020) High vulnerability to crisis: The results of the BTI 2020 in the context of COVID-19. Bertelsmann Stiftung Policy Brief 2020/01 April 2020. [Policy Paper]

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    Abstract

    Currently, the coronavirus pandemic is gripping large parts of the world. It is neither foreseeable how fast and far COVID-19 will spread, nor how long the resultant economic and social crisis will last until a vaccine is developed. What is clear, however, is that it will severely strain and probably overburden the often poorly developed health care systems of many of the 137 developing and transition countries examined by the Bertelsmann Foundation's Transformation Index (BTI), and will have far-reaching economic and social consequences. Some experts are already predicting that many countries will be set back many years in their development and that hundreds of millions of people are at risk of falling back into extreme poverty (Steiner 2020). This is an unprecedented stress test for the stability of political institutions and the governance capacity of the states af- fected by the pandemic. The current handling of the crisis and its future re- percussions suggest that the pandemic will exac- erbate the very weaknesses that have marked the negative balance of the past decade identified by the BTI 2020 (Bertelsmann Stiftung 2020).

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    Item Type: Policy Paper
    Subjects for non-EU documents: EU policies and themes > Policies & related activities > employment/labour market
    EU policies and themes > Policies & related activities > public health policy (including global activities)
    EU policies and themes > Policies & related activities > economic and financial affairs > economic growth
    EU policies and themes > Policies & related activities > political affairs > democracy/democratic deficit
    Subjects for EU documents: UNSPECIFIED
    EU Series and Periodicals: UNSPECIFIED
    EU Annual Reports: UNSPECIFIED
    Series: Series > Bertelsmann Stiftung/Foundation (Gutersloh, Germany) > Policy Brief
    Depositing User: Daniel Pennell
    Official EU Document: No
    Language: English
    Date Deposited: 13 Oct 2020 11:06
    Number of Pages: 10
    Last Modified: 13 Oct 2020 11:06
    URI: http://aei.pitt.edu/id/eprint/103244

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