Eric LeCompte Writes Article in Barron's on Global Pandemic Response

Eric LeCompte wrote a guest article in Barron's on the need to include middle-income countries in a global COVID-19 response and recovery. Read an excerpt below and read the full article here.

The Global Covid Response Is Leaving Millions Behind

We can only end the pandemic if we end it everywhere. Yet, across the world, Covid recovery efforts are leaving hundreds of millions of people behind. As policymakers seek the best way out of the crisis, their efforts should incorporate what we now know: It’s more difficult for developing countries to respond to the pandemic.

The Covid-19 crisis hit developing countries harder than wealthy countries and the effects will linger longer. The International Monetary Fund projects that advanced economies will return to their prepandemic growth trends in 2022, while developing countries will see persistent losses continue for several more years.

A new interactive map and database published by my organization, Jubilee USA Network, and our partners, LATINDADD, shows why developing countries face greater pandemic health and economic challenges.

The database, called the Atlas of Vulnerability, identifies pre-existing challenges that 24 developing countries in Latin America and the Caribbean face. These vulnerabilities heightened the impact of the coronavirus crisis. While these developing countries are crushed by the ongoing pandemic, they are left out of solutions decided by world leaders because they are not classified by the World Bank as “low-income.”

Read more here.