As various countries contend with a second wave of Covid-19 outbreaks, many emerging markets are pinning their hopes on a vaccine that will allow them to confidently reopen their economies without the fear of limited health services being overwhelmed.
The proliferation of digital innovations that allow people to work from home and make transactions online has been key to mitigating some of the challenges of the coronavirus. However, this digital shift has also heightened the threat of cyberattacks, particularly in emerging markets.
As the coronavirus pandemic continues to pose multiple challenges for governments, development banks are playing an important role in aiding the recovery in emerging markets.
Universities in emerging economies are playing a key role in the response to the coronavirus crisis through cutting-edge research and development (R&D) and pioneering approaches to learning.
The coronavirus pandemic has exposed the potential vulnerability of the world’s food supply chains. This is galvanising governments in emerging economies to boost domestic production through new agricultural inputs and investment in agri-tech and logistics networks.
While global investment is expected to fall sharply this year as a result of the coronavirus pandemic, impact investment – the funding of projects that generate a positive social or environmental impact, as well as a financial return – is tipped to hold relatively steady, and could play a key role in the recovery of emerging market economies.
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
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