Emerging Pathways towards a Post-COVID-19 Reset and Recovery
Summary
The document outlines a high-level agenda for post-pandemic recovery, focusing on three primary challenges: reducing inequality through tax and social policy reform, identifying new growth drivers such as green energy and the circular economy, and establishing new economic performance metrics beyond GDP. It highlights the risk of reversing international economic convergence due to supply chain resilience drives and emphasizes the need for stakeholder capitalism and a broader definition of national wealth.
Key insights
- The pandemic has exacerbated existing inequality, particularly for women and low- and middle-income households, and has highlighted the vulnerability of human labour to automation.
- There is strong consensus among surveyed chief economists that tax systems must be adapted to address the distributional dynamics accelerated by the crisis, with suggestions including wealth taxes and crackdowns on corporate tax havens.
- Governments are encouraged to move beyond fixing market failures to actively co-creating 'frontier markets' in sectors such as green energy, the circular economy, health, and the care economy.
- The drive for greater supply chain resilience may lead to a reversal in international economic convergence, potentially harming low- and middle-income countries as companies repatriate value chains.
- The document argues that GDP growth alone is an insufficient marker of success and proposes a new dashboard of targets including financial, physical, natural, and social capital.
- Companies applying stakeholder capitalism—prioritizing employees, suppliers, and customers alongside shareholders—appeared to weather the pandemic crisis better than those with narrow focuses.
Cite the original document
- APA
- World Economic Forum (2020). Emerging Pathways towards a Post-COVID-19 Reset and Recovery. http://www3.weforum.org/docs/WEF_Emerging_Pathways_towards_a_Post-COVID-19_Reset_and_Recovery_2020_final.pdf
- Chicago
- World Economic Forum. Emerging Pathways towards a Post-COVID-19 Reset and Recovery. 2020. http://www3.weforum.org/docs/WEF_Emerging_Pathways_towards_a_Post-COVID-19_Reset_and_Recovery_2020_final.pdf.
- Wikipedia
- {{cite report |author=World Economic Forum |title=Emerging Pathways towards a Post-COVID-19 Reset and Recovery |date=July 2020 |url=http://www3.weforum.org/docs/WEF_Emerging_Pathways_towards_a_Post-COVID-19_Reset_and_Recovery_2020_final.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{worldeconomicforum2020emerging, author = {{World Economic Forum}}, title = {{Emerging Pathways towards a Post-COVID-19 Reset and Recovery}}, institution = {World Economic Forum}, year = {2020}, month = jul, url = {http://www3.weforum.org/docs/WEF_Emerging_Pathways_towards_a_Post-COVID-19_Reset_and_Recovery_2020_final.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
Full text
Collected · Record updated