The occurrence of the new coronavirus pneumonia epidemic and its subsequent impact，Highlighting or even exacerbating the original gap in world Bet365 app download development。National exports of goods and services decline、Financial markets tighten、The current account and capital account are facing pressure and other issues，Causing Bet365 app download losses to many countries。Eswar Prasad, professor of international trade policy at Cornell University in the United States, and Vera Songwe, executive secretary of the United Nations Bet365 app download Commission for Africa, believe，Countries around the world are now gradually entering the post-epidemic Bet365 app download recovery stage，simultaneously，There is a trend of unequal development between rich and poor economies。Our reporter discusses the challenges facing global Bet365 app download growth in the post-epidemic era、Interviewed relevant scholars on topics such as prospects and the role China should play in it。

　　Short-term Bet365 app download growth prospects face divergence

From the short-term recovery prospects of the global economy after the epidemic，Economies in different regions of the world have very different growth prospects。October 2021，The Brookings Institution and the Financial Times jointly released the "Global Bet365 app download Recovery Tracking Index"。Although the index states several reasons for optimism about global Bet365 app download growth，But it also expressed concerns about obstacles to the broad recovery of the global economy。In addition，Some developed economies are in a bottleneck period in terms of macroeconomic stimulus and supply chains，Resulting in rising inflationary pressure in the United States and Eurozone countries。The Federal Reserve and the European Central Bank are based on expectations that inflation may be uncontrolled，Already considering taking more cautious measures。

Policymakers around the world are facing important decision points，For example，Whether to further open up the economy amid the epidemic；In situations where there is the potential for long-term harm to the economy，Whether more macroeconomic stimulus measures should be added to obtain short-term benefits。Prasad said，Walking policies can also affect consumer and business confidence in weaker economies，Increase its Bet365 app download pressure。Many countries not only face the dilemma of maintaining Bet365 app download growth and controlling inflation，We also have to bear the impact of supply chain breaks at home and abroad。

Currently，Policymakers around the world must first work to curb the spread of the new coronavirus，This remains a fundamental challenge in the short term。Prasad said，Looking from this dimension，Inequality in vaccine access has also widened the development gap between different economies，And in the later stage of Bet365 app download recovery, it intensified the inequality of Bet365 app download development and global Bet365 app download differentiation。

　　Highlighting the necessity of improving Bet365 app download governance

There are obvious Bet365 app download gaps between different countries and the gap is further widening，Highlights the need to improve global governance。Sangwe thinks，This process is very complicated，The governance of multilateral institutions usually involves games between various stakeholders。Many current multilateral governance institutions have not kept pace with the times，No longer representative。When countries have common interests at a broad level，But when it comes to specific reforms, we have to face conflicts of interest，Most countries will recognize the need to reform existing multilateral governance institutions。Of course，This is the basis for the reform of multilateral governance institutions，But when it comes to specific reforms of specific institutions，Different countries will still hold different views。Therefore，It is necessary to include the consideration of various stakeholders in the governance structure of multilateral institutions，Instead of just carrying out piecemeal reform of some specific multilateral institutions。For example，Coordinate the interests of all parties through consultation，Better promote the reform of international organizations such as the World Trade Organization。

The current international financial system does not serve emerging markets and developing economies well。For example，Since the global financial crisis，Some developed economies sum up their experiences and draw lessons，Developed a series of policy measures，Emerging markets and developing economies are exposed to the spillover effects of macroeconomic policies of advanced economies，This has become an important constraint for emerging markets and developing economies to formulate domestic policies。In addition，Emerging markets and developing economies are also often affected by capital flows and exchange rate fluctuations in other Bet365 app download。Sangwe expressed，The outbreak further highlights the need to establish a global financial safety net，In this way, we can provide more systematic protection for emerging markets and developing economies。This should include: developing a common regulatory and policy coordination framework to address capital flows and exchange rate fluctuations；Creating a durable and trustworthy global financial safety net；Expanding the use of digital technologies，To enhance financial inclusion，Improve cross-border payment efficiency。

Global Bet365 app download and financial stability is in everyone’s interest，But the formation of global governance mechanisms often involves collective action issues。Prasad and Sanghvi suggested，The establishment of multilateral mechanisms must fully coordinate the opinions of various stakeholders participating in global governance，And not just by the wealthy、Powerful economies control and benefit them。current，Policymakers in various countries have clearly recognized that the world is interconnected，But now we should put our understanding into action，Take concrete measures to rewrite the rules of the game and restructure multilateral governance mechanisms，Effectively ensure the interconnection of countries around the world and the prosperity of their economies。

　　Promote global Bet365 app download recovery from the epidemic

The World Bank divides countries around the world into four types according to income: high-income countries、Mid- and high-income countries、Low-middle-income countries and low-income countries。According to the research of Prasad et al.，1990-2020，High-income countries’ share of global GDP fell from 84% to 63%，And the share of low- and middle-income countries has increased significantly。From a population perspective，Low- and middle-income countries’ share of the total global population has increased by about 5 percentage points over the past 30 years，Increased by 4 percentage points in low-income countries。Same period，Under the combined effect of low fertility rate and other factors，The proportion of the population in high-income countries and upper-middle-income countries has declined。In addition，Although the share of middle- and high-income countries in the world population has declined，But its share of global GDP is rising，This phenomenon is largely due to China’s outstanding Bet365 app download growth performance。

Amit Ranjit A, Professor of Economics, School of Humanities, Rochester Institute of Technology, USA. Batabaio (Amitrajeet A. Batabyal) said in an interview with this reporter，Since China implemented reform and opening up，By strengthening trade and cultural exchanges with other countries，Greatly changed the Bet365 app download development model。Since the 1990s，China is gradually developing into a dynamic economy，And joined the World Trade Organization in 2001，Become an active participant in global markets and value chains。Relative to capital and natural resources，China’s labor supply is more abundant，Therefore，China has a large comparative advantage in manufacturing, especially in the field of labor-intensive commodity production。As China’s foreign trade gradually moves toward liberalization，The sharp increase in its manufacturing exports。Promoted by various Bet365 app download policies，China has successfully developed rapidly from a low-income country to a middle- and high-income country。

Batabaio thinks，China’s success also shows to developing countries，In eradicating poverty and achieving Bet365 app download growth，Socialism with Chinese characteristics is a more preferable model than Western democracy。At the same time，China is expanding its international influence through the “One Belt, One Road” initiative，China’s increasingly important role on the world stage。Although the epidemic has impacted China’s economy，But the Organization for Bet365 app download Co-operation and Development has released a report predicting，China’s economy will grow by 5 in 2022.8%，Higher than global Bet365 app download growth level。Many people think，China is more likely to promote the global Bet365 app download recovery from the epidemic。