TitleDevelopment Policy and Multilateralism after COVID-19 : Committee for Development Policy : policy note
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The global COVID-19 pandemic is plunging the world into a socioeconomic and financial crisis of an unprecedented scale, in addition to the acute health crisis. Many of the gains achieved under the banner of the Sustainable Development Goals (SDGs) are under threat. The crisis has exposed and exacerbated vulnerabilities and inequalities in both developing and developed countries, deepening poverty and exclusion and pushing the most vulnerable even further behind. This is a watershed moment. A sustainable, equitable and peaceful future hinges on the right national and international policy decisions. The COVID-19 crisis strengthens the call for a new multilateralism in which global rules are calibrated towards the overarching goals of social and economic stability, shared prosperity and environmental sustainability. At the national level, it gives governments a unique opportunity to set the terms of public, private and third sector interaction so that policy, regulation and partnerships lead to the achievement of the SDGs.The COVID-19 crisis is an opportunity to re-evaluate how public and private sectors collaborate to shape a better kind of capitalism. 1. Development policy and multilateralism after COVID-19 -- 2. Re-empowering governments for green, equitable and resilient development -- 3. Addressing inequality and pushing no one behind in the response to COVID-19 -- 4. Multilateralism after COVID-19 -- 5. COVID-19 and the least developed countries.