Commentary: A year later, COVID has changed the global economy
Thomas Tunstall, For the Express-News
March 17, 2021
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It was a year ago that shoppers scoured empty shelves for hand sanitizer, toilet paper, soap and other essentials. The pandemic has likely changed our global economy in many ways.DAVE SANDERS /NYT
What began a year ago as a brief relocation from the office to a work-at-home setting transitioned into something else altogether. The weeks bled into months, ultimately extending over the year and beyond for many folks.
The brake on economic activity resulting from the COVID-19 pandemic sapped more out of the gross domestic product than any downturn since the Great Depression in the 1920s and 1930s, and far more than the Great Recession that began in late 2007.
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Addis Ababa, Ethiopia, February 26, 2021 (ECA) – “We owe it to our young girls to develop better systems that foster gender equality in Africa,” said Thokozile Ruzvidzo, Director of Gender, Poverty and Social Policy at the Economic Commission for Africa (ECA), on Friday 26 February 2021.
She explained during a virtual panel discussion, dubbed “Sharing decision-making between women and men: an opportunity for Africa,” that ECA was “working closely with member states” to enhance women’s empowerment through data collection and analysis, and reporting on issues affecting women.
Ms Ruzvidzo cited a 2019 report by the ECA titled “Digital Finance Ecosystems – Pathways to Women’s Economic Empowerment in Africa,” as one of several knowledge products the Commission contributes to its member states.