Four public conversations will examine solutions to restructure and reimagine economic systems in the wake of the COVID-19 pandemic
The Global Inclusive Growth Partnership (GIGP), a joint collaboration between the Aspen Institute and the Mastercard Center for Inclusive Growth, announced a series of four public conversations this fall to explore how we can advance inclusive economic growth in response to the COVID-19 pandemic and as part of a long-term strategy to recover and rebuild. The first panel discussion airs on Monday, October 19, and will focus on scaling up lending to entrepreneurs of color, a group disproportionately impacted by COVID-19.
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Showcasing leading experts and policymakers in their fields, the Global Inclusive Recovery and Rebuilding Series will explore different yet interconnected topics, drawing on the perspectives of multiple programs and leadership networks at the Aspen Institute. Issues to be addressed include lending for entrepreneurs of color; benefits for workers and the connection between benefits and financial security; the role of global health organizations in the effort to develop and distribute COVID-19 vaccines as a means for economic recovery; and a look at capital management and how fiduciaries are and are not acting on behalf of beneficiaries in the interest of inclusion.
A key objective of the series is to identify the economic inequality that was in place before COVID-19 and address how they have been exacerbated this year. Speakers will explore how turbulence in financial and social systems today represents an opportunity to rethink the policies of the past and challenge the narrative of a strong pre-pandemic economy. While the United States had been in the longest period of economic growth in history, most of the wealth generated was concentrated within top income earners with severe consequences for median and low-income workers. Wages have been stagnant for years and only 28 percent of Americans are considered financially healthy.
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