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economic impact of pandemic

Will Nepal cash out?
Closing the Gap

Will Nepal cash out?

Like much of the world, Nepal saw digital payments soar during the pandemic. Tulsi Rauniyar, a young Nepalese documentary photographer, experienced the transition firsthand. With COVID making human touch a big concern, e-commerce and cashless transactions became more commonplace — so much so that Rauniyar herself rarely uses cash anymore. This technological globalization is increasingly helping female entrepreneurs and businesswomen succeed in Nepal. But it still needs to reach rural areas — where many hard-working women are unaware of these transformative technologies.

Haiti stuck in a "vicious circle," says IMF economist
Crisis Recovery

Haiti stuck in a "vicious circle," says IMF economist

Amid the current global turmoil, one country that's definitely no stranger to crises is Haiti. Haitians will surely feel the pinch of rising prices of things like food and fuel, International Monetary Fund economist Nicole Laframboise says during a Global Stage conversation with GZERO Media in partnership with Microsoft.

The Ukraine war is crippling the world's food supply | GZERO World with Ian Bremmer podcast
GZERO World with Ian Bremmer Podcast

Podcast: The Ukraine war is crippling the world's food supply, says food security expert Ertharin Cousin

Listen: The Ukraine war and sanctions against Russia have created a perfect storm that will lead to a global food supply crisis, Ertharin Cousin, former head of the UN World Food Programme, tells Ian Bremmer on the GZERO World podcast. Russia and Ukraine account for almost a third of the world's wheat exports. All nations could be affected since these are global commodities, but developing countries that rely on those imports are most at risk. The disruptions could double the amount of people that went hungry during the pandemic, and since agriculture is a seasonal business, the worst may be yet to come.

Want global equality? Get more people online
Posts

Want global equality? Get more people online

We think we live in a digital-first world — but there's no "digital" at all for 37% of the global population. That's a big problem in today's economy, where you'll miss out on many opportunities for advancement if you're not connected. The digital divide is thus widening the equality gap.

After COVID, Belgian small business began to bloom
Video

After COVID, Belgian small business began to bloom

Isabelle Nijs runs a hair salon in Begijnendijk, Belgium, about an hour’s drive to the northeast of Brussels. Nijs struggled to keep her business going through the pandemic during lockdowns and the lack of customers that brought. Rents and insurance premiums continued going up, but she didn’t get any financial support to meet the rising costs. Now, with people coming out of COVID restrictions, her business has begun to bloom … only to be impacted yet again, this time by the war in Ukraine. Now, she’s also dealing with supply chain issues, with prices going up and quality going down, not to mention long wait times.

Waiting for foot traffic to return in Tokyo
Video

Waiting for foot traffic to return in Tokyo

Shizuka Takahashi wants Tokyo’s foot traffic to return. Having face-to-face interactions with her customers means everything to her — in fact, the desire to interact with people is why she opened her Tokyo shop, PuRe Juice Bar. She got the idea while living in New York City, where people know and love smoothies. In Tokyo, however, the juice culture is less common. Takahashi opened in 2019 only to be hit by reduced sales as a result of COVID-19. By learning to market herself throughout the pandemic, and with government aid, she’s been able to keep her company afloat. Now she’s looking forward to helping her Japanese customers get hooked on healthy juice drinks.

Big Impact: Small Businesses and Global Pandemic Recovery  Tuesday, March 22, 2022 | 12:00 pm ET
Events

How can we help small businesses recover from the pandemic? Watch live today at 12 pm ET

COVID-19 has changed the way we shop, work, and live. It’s been brutal for small- and medium-sized businesses. JJ Ramberg, co-founder of Goodpods, will moderate a livestream discussion about the path to stable, sustainable growth for small businesses. Watch here.

How did we get to today's supply chain mess?
GZERO World Clips

How did we get to today's supply chain mess?

The supply chain mess is hitting all of us. Inflation is now the highest it's been in over 30 years. The costs of food, gas and housing are going through the roof. What's more, almost everything made outside of America is now in short supply — like semiconductors for our cars. Why is this happening?

Will Biden be the Grinch this year?
News

Will Biden be the Grinch this year?

A supply chain shortage is now the most acute crisis facing the Biden administration. With the issue unlikely to be resolved anytime soon, right-wing media have dubbed President Biden the Grinch Who Stole Christmas. It's just the latest in a string of issues that are making life very hard for the president.

How long will COVID-fueled inflation last?
Living Beyond Borders Articles

How long will COVID-fueled inflation last?

All around the world, inflation is creeping up. It mostly has to do with supply chain disruptions caused by the pandemic — a problem governments can do little to fix.