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00:09 Finance can promote an equitable recovery from the pandemic by enabling families,
00:14 businesses,
00:14 and governments to access the resources necessary to rebuild.
00:18 As part of this,
00:19 and especially as extended emergency measures come to an end,
00:23 it will be essential to put in place mechanisms that allow
00:26 for fair and
00:28 resolutions
00:29 of financial burdens at each of these levels,
00:32 and
00:33 we need to make sure that finance flows in ways that are stable
00:36 and that serve those most in need.
00:38 Without these steps,
00:39 it will be exceedingly difficult to address unsustainable economic challenges
00:44 and to invest in real recovery and growth.
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Finance can promote an equitable recovery from the pandemic by enabling families, businesses, and governments to access the resources necessary to rebuild. As part of this, and especially as extended emergency measures come to an end, it will be essential to put in place mechanisms that allow for fair and resolutions of financial burdens at each of these levels, and we need to make sure that finance flows in ways that are stable and that serve those most in need. Without these steps, it will be exceedingly difficult to address unsustainable economic challenges and to invest in real recovery and growth.
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worldbank/WDR2022_TPV_OdetteLienau_Draft01
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WDR2022 TPV OdetteLienau Draft01
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WDR2022 TPV OdetteLienau Draft01
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Access to finance for those most in need is vital, says Odette Lienau, Professor of Law at Cornell University. Without this, it will be difficult to address the economic fallout of the pandemic & invest in real recovery & growth.
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