ABSTRACT

COVID-19's Impact on Sub-National Governments   [open pdf - 0B]

From the Document: "In emerging markets, urban centers feel the brunt of both the health and economic crises, putting subnational governments, or SNGs, front and center in the efforts to contain COVID-19 [coronavirus disease 2019]. SNGs in emerging markets face significant challenges brought on by the pandemic, for example, significantly less use of public transit, dramatically lower sales tax revenue due to retail and tourism closures, and limited capacity to mount an effective health response. Low levels of preparedness compound these vulnerabilities."

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Date:
2020-10
Series:
Copyright:
International Finance Corporation
Retrieved From:
International Finance Corporation: https://www.ifc.org/
Media Type:
application/pdf
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