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by Organisation for Economic Co-operation and Development 25 MIN READ
Pandemic preparedness and response are quintessential “global public goods” given that unless the Coronavirus is controlled everywhere, the risk of the pandemic resurgence remains. This paper presents the key role of development finance in helping developing countries’ health systems prepare and respond to outbreaks. Yet, the global architecture is proving insufficient – and the risk is great that developing countries will be deeply affected by the direct consequences of the outbreak. Development finance for health requires a shift in support towards more focused investments in transnational activities. It also needs to move from targeted support to specific communicable diseases, to more systemic resources to prevent chronic diseases and meeting the challenge of universal health coverage. It is a useful report for policy makers. Click here to read the article.