In the last few months, due to the devastating effect the coronavirus pandemic has had on the global economy, the fiscal clock has been ticking more rapidly than ever before for many small and vulnerable states across the world.
With Joe Bidens victory in the United States presidential election, which increased the possibility for meaningful global cooperation on pressing issues disproportionately affecting vulnerable states like climate change, coupled with the development of several COVID-19 vaccines that could help bring the pandemic under control, these countries recently started to see a faint light at the end of the tunnel.
But the path to economic salvation is still full of obstacles, and the upcoming winter months are still expe…
Read the full article at: https://www.aljazeera.com/opinions/2020/12/2/in-the-time-of-pandemic-debt-relief-efforts-need-to-go-further/