The Day After COVID-19 and Saving Emerging Markets
25. May 2020
Emerging markets contribute one-third of global gross domestic product (GDP) and their output was projected to have amounted to half of global GDP between 2026 and 2030. The factors that have traditionally made emerging markets attractive are their demographics and productivity cost of labor. These are also some of the reasons why emerging markets are most vulnerable during the COVID-19 crisis and associated economic fallout. There is a need for decisive global action by G20 countries that translates into a global financial rescue effort.
Atlantic Council | The Day After COVID-19 and Saving Emerging Markets