Public money creation to maintain fundamental human rights during the COVID-19 pandemic

Chimowa, Takondwa; Hall, Stephen George; O’Hare, Bernadette

dc.contributor.author	Chimowa, Takondwa
dc.contributor.author	Hall, Stephen George
dc.contributor.author	O’Hare, Bernadette
dc.date.accessioned	2020-05-21T13:04:07Z
dc.date.available	2020-05-21T13:04:07Z
dc.date.issued	2020-06
dc.description.abstract	As governments around the world respond to the COVID-19 pandemic with a range of policies aimed at mitigating the economic fallout, we argue that low- and middle-income countries (LMICs) should prioritize public money creation over foreign borrowing. Experience shows that the cost of servicing foreign debt diverts resources from public services and can undermine fundamental economic, social and cultural rights, such as the rights to clean water, sanitation, basic education and health care. Moreover, the conditions attached to any subsequent debt restructuring can make matters worse.	en_ZA
dc.description.department	Economics	en_ZA
dc.description.librarian	hj2020	en_ZA
dc.description.uri	https://www.hhrjournal.org	en_ZA
dc.identifier.citation	Chimowa, T., Hall, S. & O’Hare, B. 2020, 'Public money creation to maintain fundamental human rights during the COVID-19 pandemic', Health and Human Rights, vol. 22, no. 1, pp. 395-396.	en_ZA
dc.identifier.issn	1079-0969 (print)
dc.identifier.issn	2150-4113 (online)
dc.identifier.uri	http://hdl.handle.net/2263/74684
dc.language.iso	en	en_ZA
dc.publisher	Harvard University Press	en_ZA
dc.rights	© 2020 Chimowa et al.	en_ZA
dc.subject	COVID-19 pandemic	en_ZA
dc.subject	Low- and middle-income countries (LMICs)	en_ZA
dc.subject	Public money creation	en_ZA
dc.subject	Human rights	en_ZA
dc.subject	Coronavirus disease 2019 (COVID-19)
dc.title	Public money creation to maintain fundamental human rights during the COVID-19 pandemic	en_ZA
dc.type	Postprint Article	en_ZA