Public Banks and Covid-19

04 December 2020

#Covid19 #G20 #PDB #ODA #OECD #DAC #Gender #LatinAmerica #Webinar #Zambia #JobVacancy

Top story

New E-book: Public Banks and Covid-19 - Combating the pandemic with public finance

This is an in-depth account of public bank responses to the socio-economic crises resulting from Covid-19. Written by experts from around the world, including Eurodad, the book offers a critical assessment of programs rolled out in different locations and asks how these actions could be improved in the future.

Download the full book, or individual chapters, here.

Click here to read the chapter authored by Eurodad's Maria Jose Romero.

News & blogs

The G20’s deceptive promise to act on the crisis of the century

Faced with the crisis of the century, the G20 has failed to meet the demands of the moment. As the Saudi Arabian presidency comes to a close, Eurodad policy experts take a critical look at what has been delivered.

Read the full blog here.

Four challenges when it comes to reporting debt relief as ODA

Last week, there was an informal meeting of the OECD's Development Assistance Committee (DAC) and the Working Party on Development Finance Statistics (WP STATS). This is the body in charge of maintaining and improving the quality, comparability and relevance of DAC statistics on development cooperation and other resource flows to developing countries. Civil society is calling for greater transparency when it comes to reporting debt relief as ODA.

Read a blog about this issue here.

Reports

Tax evasion and tax avoidance prevent women from accessing social protection systems

By Latindadd

In Latin America, on average, women earn 20% less than men doing the same jobs. In addition, a good part of the female population in the region is dedicated to carrying out care work, without receiving any compensation for this essential work for the preservation of our societies. Most of them suffer from the limited and deficient coverage of the weak social protection systems provided by our governments.

A new report from our partners at Latindadd, “Tax Justice for the social protection of women”, addresses gender gaps and inequalities in the coverage of these systems in Latin America.

Read the full report here.

Useful resources

Webinar - Zambia: The canary in the (debt crises) mine?

Zambia became the first country to default on its sovereign debt as a result of Covid-19. What are the implications of this development in the context of the recently announced G20 initiative for a "Common Framework for Debt Treatments Beyond the DSSI"? Is Zambia a herald of things to come to other developing countries? How is the crisis affecting the lives and livelihoods of the Zambian people? You can now watch the full webinar that took place last week where a pannel of experts discuss all these issues and more.

Click here to read to watch the full webinar.

Why the G20’s failure on debt cancellation is bad news for women

By Ella Hopkins, Senior Gender Equality and Macroeconomics Project Officer at Bretton Woods Project, via openDemocracy

Last weekend, the G20 held its summit in Riyadh, Saudi Arabia. Leaders from the world’s largest economies met virtually to discuss the global response to the Covid-19 pandemic, which has triggered the worst recession since the Second World War. World leaders have put wealthy creditor interests before debt justice, further jeopardising women’s rights.

Click here to read the full blog.

Join the Eurodad team!

Policy & Advocacy Manager - Development Finance

Eurodad is looking for a Policy and Advocacy Manager to strengthen and further develop our cutting-edge thinking and network coordination around development finance.

Click here for more information on the job description and how to apply.

Deadline: 3 January 2021