Page 101 - COVID-19: The Great Reset
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lockdowns and the ensuing economic “hibernation” that happened
                in so many countries around the world will cause a 20% decline in

                remittance  to  low-  and  middle-income  countries,  from  a  $554
                billion last year to $445 billion in 2020.          [102]  In larger countries like
                Egypt,  India,  Pakistan,  Nigeria  and  the  Philippines,  for  which
                remittances  are  a  crucial  source  of  external  financing,  this  will

                create  a  lot  of  hardship  and  render  their  economic,  social  and
                political situation even more fragile, with the very real possibility of
                destabilization.  Then,  there  is  tourism,  one  of  the  hardest-hit

                industries  from  the  pandemic,  which  is  an  economic  lifeline  for
                many  poor  nations.  In  countries  like  Ethiopia  where  tourism
                revenues  account  for  almost  half  (47%)  of  total  exports,  the
                corresponding  loss  of  income  and  employment  will  inflict
                considerable  economic  and  social  pain.  The  same  goes  for  the

                Maldives, Cambodia and several others.


                     Then,  there  are  all  the  conflict  zones  where  many  armed
                groups are thinking about how to use the excuse of the pandemic
                to  move  their  agenda  forward  (like  in  Afghanistan  where  the

                Taliban  is  asking  that  its  prisoners  be  released  from  jail,  or  in
                Somalia where the al-Shabaab group presents COVID-19 as an
                attempt to destabilize them). The global ceasefire plea made on
                23  March  2020  by  the  UN  secretary-general  has  fallen  on  deaf

                ears. Of 43 countries with at least 50 reported events of organized
                violence  in  2020,  only  10  responded  positively  (most  often  with
                simple  statements  of  support  but  no  commitment  to  action).
                Among  the  other  31  countries  with  ongoing  conflicts,  the  actors

                failed  not  only  to  take  steps  to  meet  the  call,  but  many  actually
                increased  the  level  of  organized  violence.            [103]   The  early  hopes
                that  concerns  with  the  pandemic  and  the  ensuing  health
                emergency might curb long-running conflicts and catalyse peace

                negotiations have evaporated. This is yet another example of the
                pandemic not only failing to arrest a troubling or dangerous trend
                but in fact accelerating it.


                     Wealthier countries ignore the tragedy unfolding in fragile and

                failing  countries  at  their  peril.  In  one  way  or  another,  risks  will
                reverberate through greater instability or even chaos. One of the
                most obvious knock-on effects for the richer parts of the world of




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