By Angel Melguizo, Vice President, External & Regulatory Affairs, AT&T VRIO Latin America; Eduardo Salido Cornejo, Public Affairs and Policy Manager Latin America, Telefónica; and J. Welby Leaman, Senior Director, Global Government Affairs, Walmart, Inc1
IPhone, Google, Facebook, Netflix, YouTube, Bitcoin, Twitter, TikTok, LinkedIn, Uber, Rappi: how many of them have you used today? And if so many of the things that impact our day-to-day lives, creating common experiences across the globe, did not exist 25 years ago (see John Erlichman’s tweet), what can an increasingly connected world create over the next 25 years? The next 60?
By Bathylle Missika, Head of Division – Networks, Partnerships and Gender, OECD Development Centre, and Mathias Vicherat Secretary General of Danone and co-chair of the OECD Development Centre’s EMnet Working Group on Sustainability
This blog is part of a series on tackling COVID-19 in developing countries. Visit the OECD dedicated page to access the OECD’s data, analysis and recommendations on the health, economic, financial and societal impacts of COVID-19 worldwide.
Although men seem to be hit harder by COVID-19 than women from a medical perspective, the economic and health impact on women is becoming increasingly severe as the disease spreads around the world, and may well prove particularly devastating in emerging and developing economies. When crafting responses and recovery plans, governments and businesses must pay special attention to how the pandemic and the resulting crisis affect women and girls and how to address their specific needs. This will be key to both containing the economic and social fallout of the crisis, but also to facilitating recovery.
Women are at the forefront of the battle against the pandemic as they make up almost 70% of the healthcare workforce, while being largely under-represented in leadership in the healthcare sector. Women also work in sectors largely impacted by the crisis such as the hospitality business or the garment industry, the latter employing 60 million workers around the world, nearly 75% of whom are women. For example, in Bangladesh, as brands and retailers declared force majeure and cancelled orders, about 1 million of the 4.1 million mostly women workers in the sector lost their jobs. Moreover, lockdowns worsen the risks of violence, exploitation, abuse or harassment against women. Finally, and most importantly from an economic perspective, women are disproportionately affected by the crisis due to their position on the margins of the economy. Indeed, nearly 60% of the world’s workers make their livelihoods in the informal economy, and in many of the world’s poorest countries, it is working women who are most likely to be found in informal employment. In Africa for example, 90% of employed women are in informal employment compared to 83% of men. Tens of millions of informal workers have already been affected by COVID-19. Many of these women will not be rescued by social safety nets, as access to benefits frequently depends on formal participation in the labour force. Continue reading “The gender dimension of COVID-19: a wake-up call for business”
Innovation and technology currently play an increasing role in developing the urban city by tackling multiple challenges. Many cities in the ASEAN region have set-up urban development strategies by creating an innovation ecosystem to elevate the area’s economy and investment, reaching a global level. This makes the “innovation city” concept more recognised and used as a new way of driving the development of cities.
Proof of this is the Innovation Cities Index 2018. This report evaluates the city innovation ecosystem capability of 500 cities worldwide, reflecting the vision that a city can grow and be sustainably driven when citizens and corporations are capable of generating innovation. This index measures three main aspects, namely cultural assets, human infrastructure and networked markets, and has a total of 162 indexes. Continue reading “Innovation Driving the City”
Africans make up 12% of the world’s population but only 2.5% of the world’s passengers. Why the gap?
Africa has 731 airports and 419 airlines with an aviation industry that supports around 6.9 million jobs and USD 80 billion in economic activity. According to the International Air Transport Association (IATA), Africa is set to become one of the fastest growing aviation regions in the next 20 years with an annual expansion of nearly 5%. While it is evident that aviation in Africa has the potential to fuel economic growth, several barriers exist. Weak infrastructure, high ticket prices, poor connectivity and lack of liberalisation rank amongst the many challenges.
Consider the reality: Airport infrastructure in most African countries is outdated and not built to serve the growing volume of passengers or cargo. Airlines and airports are often managed by government entities or regulatory bodies. Foreign investment is discouraged. In Malawi, for example, it’s illegal for a foreign airline or private investor to own more than 49% of a national airline. So, this prevented Ethiopian Airlines from purchasing more than a 49% stake in Malawian Airlines. Continue reading “Unlocking Africa’s Aviation Potential”