Event organizer: Le Cercle des économistes
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International solidarity, a pandemic collateral victim?

Session 7 Amphi 4 July 2, 2021 16:30 - 17:30

Overview

The example of vaccination is striking to illustrate weakness of international solidarity facing of the COVID-19 crisis. COVAX mechanism, which was supposed to equalize access to vaccines for all nations, has been set aside by the most developed countries, as they rather implemented national preference strategies. Conversely, Official Development Assistance has increased significantly in 2020 compared to 2019, even though issuing countries were going through particularly tense budgetary restrictions. What then are the drivers of this solidarity and its fluctuation? Politically and economically, what are the gains for one nation helping another? Can it be a moral act, or rather a long-term investment for influence and international credibility?
Furthermore, what are the most effective vectors and tools, in normal times and facing a crisis, to support developing countries? Should we favor soft loans, monetary donations, direct investments in local projects, in-kind donations (vaccines and medical equipment for instance)? How can we ensure that the COVID-19 pandemic does not further increase inequalities between nations in the long term?


Speakers

Olivier BABEAU
Chairman
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Institut sapiens
Bio
Gargee GHOSH
Chairwoman, Global Policy & Advocacy
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Fondation Bill & Melinda Gates
Bio
Dominique MOCKLY
Chairman & CEO
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Terega
Bio
Luis Alberto MORENO
Former President
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InterAmerican Development Bank
Bio
Ngaire WOODS
Professor of Global Economic Governance & Dean
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Blavatnik School of Government, Université d'Oxford
Bio

Coordinator

Xavier JARAVEL
Associate Professor, London School of Economics and Political Science
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Membre associé, Le Cercle des économistes
Biographie

Moderator

Victor MALLET
Head of the Paris office
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Financial Times
Biographie