UNICEF Innocenti
Office of Research-Innocenti
search menu

COVID-19 and the Looming Debt Crisis

Protecting and Transforming Social Spending for Inclusive Recoveries
COVID-19 and the Looming Debt Crisis: Protecting and Transforming Social Spending for Inclusive Recoveries

 

Publication date: 01

Publication series:
Innocenti Research Report

No. of pages: 33

Download the report

(PDF, 1.05 MB)

Abstract

Compounding the COVID-19 pandemic is a looming debt crisis for low- and middle-income countries where a growing debt burden threatens to crowd out social spending for children.

This policy brief explores whether the current support from the international community is enough to maintain spending on basic services during COVID-19. It highlights countries that are most at risk due to high levels of poverty, as well as those less likely to benefit from the G20 Debt Standstill (DSSI). It concludes that a new international debt restructuring architecture, which encompasses the needs of poorer countries, is crucial to protecting children’s rights in the wake of COVID-19. 

Available in:
English

More in this series: Innocenti Research Report

Disrupting Harm in Cambodia: Evidence on online child sexual exploitation and abuse
Publication

Disrupting Harm in Cambodia: Evidence on online child sexual exploitation and abuse

Disrupting Harm in Indonesia: Evidence on online child sexual exploitation and abuse
Publication

Disrupting Harm in Indonesia: Evidence on online child sexual exploitation and abuse

Disrupting Harm in Malaysia: Evidence on online child sexual exploitation and abuse
Publication

Disrupting Harm in Malaysia: Evidence on online child sexual exploitation and abuse

Data Must Speak: Unpacking Factors Influencing School Performance in Nepal
Publication

Data Must Speak: Unpacking Factors Influencing School Performance in Nepal

Joint efforts by the Government of Nepal, development partners and key stakeholders to achieve SDG 4 by 2030 have improved education access, participation and retention. However, learning outcomes in Nepal remain stagnant. What resources and contextual factors are associated with good school performance in Nepal? By merging and analyzing existing administrative datasets in Nepal, this report helps to identify positive deviant schools – those that outperform other schools despite sharing similar contexts and resources. Data Must Speak – a global initiative implemented since 2014 – aims to address the evidence gaps to mitigate the learning crisis using existing data. The DMS Positive Deviance Research is co-created and co-implemented with Ministries of Education and key partners. DMS research relies on mixed methods and innovative approaches (i.e., positive deviance approach, behavioural sciences, implementation research and scaling science) to generate knowledge and practical lessons about ‘what works’, ‘why’ and ‘how’ to scale grassroots solutions for national policymakers and the broader international community of education stakeholders. DMS research is currently being implemented in 14 countries: Brazil, Burkina Faso, Chad, Cote d'Ivoire, Ethiopia, Ghana, the Lao People’s Democratic Republic, Madagascar, Mali, Nepal, Niger, the United Republic of Tanzania, Togo and Zambia.