Covid-19 Is a Global Financial Crisis For The Emerging World: Shah

The transcript discusses a $49 billion plan to vaccinate 70% of the global population, focusing on low-income countries. It highlights the role of the IMF and multilateral development banks in providing financial support and emphasizes the need for urgent action. The discussion also explores linking financial aid to climate change initiatives, aiming for a green recovery. The timeline for disbursement is outlined, stressing the importance of immediate action to avoid repeating past mistakes.

What is the target percentage of global vaccination mentioned in the plan?

• 80%

• 50%

• 60%

• 70%

Which organization is mentioned as moving forward with a $650 billion issuance to support vaccination?

• World Bank

• United Nations

• International Monetary Fund

• World Health Organization

What is the estimated economic loss if the vaccination plan is not implemented?

• $11 trillion

• $9 trillion

• $7 trillion

• $5 trillion

What is the primary role of multilateral development banks as discussed in the transcript?

• To regulate global trade

• To expand lending to low-income countries

• To manage international tourism

• To provide healthcare services

What historical agreement led to the creation of multilateral development banks?

• Geneva Convention

• Kyoto Protocol

• Bretton Woods Agreement

• Paris Agreement

What is the proposed dual focus of the lending strategy in lower-income countries?

• Trade and agriculture

• Healthcare and education

• Vaccination and climate change investment

• Infrastructure and tourism

What is the desired global temperature increase limit mentioned in the climate agreement?

• 1.5 degrees Celsius

• 1.0 degrees Celsius

• 2.5 degrees Celsius

• 2.0 degrees Celsius