With low testing rates, but rising numbers of infections, Myanmar’s government is virtually flying blind trying to get on top of Covid-19 with a lockdown. The collapse of clothing exports to Europe has led to a sharp rise in unemployment, while armed conflicts continue, mostly in Rakhine State, and critical coverage of it has become a criminal offence.
The effects of the Covid-19 pandemic and the global economy are dramatic. The virus is shaking all major economies simultaneously. Rescue packages are being adopted, billions are being spent. Capital is being diverted away from the emerging economies. At the same time, the fight against the pandemic is increasing the national debt of many countries enormously and the crisis is acting as an accelerator for the developing countries that were already highly in debt. An Interview with Barbara Unmüßig, President of the Heinrich Böll Foundation, on the latest developments.