Economic stresses could spark an outbreak of protests. FMTNews IMF Covid19
Hundreds of angry South Africans fought with the police protesting over undelivered food parcels in Cape Town last Tuesday.
Already in South Africa, police on Tuesday fired rubber bullets and tear gas in clashes with Cape Town township residents protesting over access to food aid during a coronavirus lockdown. Even well-intentioned government spending measures to ease the harm inflicted by the lockdowns to contain the virus “may not quell such tensions given that protesters are not necessarily the poorest,” or if the programs are “viewed as transfers to outsiders.”
The authors urged governments to take steps to reduce the likelihood of triggering unrest, including clear communication with advance notice and the rationale behind any policies; a strategy for overcoming opposition; and steps to lessen the burden in advance of policies such as fuel price increases.
The Group of 20 advanced and emerging economies are at the forefront with actions totalling US$7 trillion.
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