UNEMG dialogue about approaches to building back better after COVID-19
So what will it take to apply this underlying principle of a sustainable recovery to the current context? Fortunately, the government of Fiji does not need to start from scratch and can build on existing analyses, in this case, the 125 interventions identified in the CVA against which we applied our sustainability checklist to provide a first screening.
CVA sectors and interventions.
A simple classification was used to categorize performance against the checklist’s 35 dimensions with ‘1’ signifying ‘good’ (for example, this measure generates short-term jobs), ‘0’ signifying ‘not relevant’ or ‘requires more information’, and ‘-1’ signifying ‘bad’ (for example, this measure does not generate short-term jobs). We did not aim at quantifying the number of jobs or the economic multipliers in various sectors. Instead, we used the large existing literature on this topic to identify, qualitatively, the dimensions in which each intervention can be expected to perform well or poorly.
Additionally, if an intervention performed poorly along one dimension deemed as crucial to the “build back better” design of the stimulus then that intervention would be automatically disqualified ( in-depth methodology and results are described in our technical note). The assessment was quick and simple, in the spirit of a checklist aiming at identifying promising candidate interventions that would go through further analysis and more evidence collected before implementation,(World Bank report,2020).
Covid-19 cause economic crisis in world wide that's why world bank need to overcome the impact of covid-19 to the economic level through various measures taken in developed and developing countries
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