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28 January 2021 | Story Dr Nitha Ramnath | Photo Sonia Small
Prof Phillippe Burger.

The COVID-19 pandemic has disrupted the entire world, claiming more than two million lives and sparing no region. The world is confronted with urgent unsolved challenges, with the poor and vulnerable populations, low-skilled workers, and refugees most affected. 

These challenges will be addressed by the Lancet COVID-19 Commission and its various task forces, one of which is the Fiscal Policy and Financial Markets task force. Prof Philippe Burger, Professor of Economics and Pro-Vice-Chancellor: Poverty, Inequality and Economic Development at the University of the Free State, serves as a member of the commission’s Fiscal Policy and Financial Markets task force. The eleven members of the task force include two Nobel prize laureates in economics, as well as academics and public-policy specialists from across the world, under the co-chairpersonship of Dr Vitor Gaspar (Director of the Department of Fiscal Affairs at the IMF) and Prof Felipe Larraín (Professor of Economics, Pontifical Catholic University of Chile and former Minister of Finance of Chile).

The commission is an interdisciplinary initiative across the health sciences, business, finance, and public policy, and was created to help speed up global, equitable, and lasting solutions to the pandemic. The work of the commission is divided into 12 task forces, each composed of members from diverse disciplinary interests, geographies, and identities. These task forces provide support in areas ranging from vaccine development to humanitarian relief strategies, to safe workplaces, to global economic recovery. 

Key aims of the commission is to speed up awareness and the worldwide adoption of strategies to suppress transmission, as well as to ensure that COVID-19 vaccines and key technologies are equitably accessible across the world.

The Fiscal Policy and Financial Markets task force will consider fiscal and financial issues related to the pandemic affecting advanced, emerging market, and developing economies. Based on evidence and best practices, the task force will provide recommendations on managing the effects of the pandemic and will also manage the transition to a resilient, smart, inclusive, and green growth path. Issues related to fiscal sustainability as well as debt relief in poor countries are on the task team’s agenda.

Many multilateral institutions such as the WHO, the IMF, the World Bank, the Food and Agricultural Organisation of the UN, the UN World Food Programme, the UN Educational, Scientific and Cultural Organisation, the Organisation for Economic Co-operation and Development, and others face profound challenges in undertaking their crucial missions to coordinate the global response to the pandemic. The Lancet COVID-19 Commission also aims to make recommendations to strengthen the efficacy of these critical institutions. Moreover, the commission reaches out to regional groupings, including the African Union, the Association of Southeast Asian Nations (ASEAN), the Southern Common Market (MERCOSUR), and others, to support the efforts of these bodies in fighting the pandemic. 

The Lancet COVID-19 Commission and its task teams include leaders in health science and healthcare delivery, business, politics, and finance from across the world. They volunteer to serve in their individual capacities – not as formal representatives of their home institutions – and will work together towards a shared and comprehensive outlook on how to stop the pandemic and how best to promote an equitable and sustainable recovery. 

News Archive

UFS students complete internship with FIFA TV
2010-06-30

Here is the group of students from the University of the Free State (UFS) who are working as interns at the Free State Stadium as part of the 2010 FIFA World Cup South Africa™ host broadcast operations. With them are Ms Dineo Gaofhiwe (far left) from the Division: Research Administration at the UFS and Dr Choice Makhetha (far right), Special Assistant to the Rector and Vice-Chancellor. The group received certificates for successfully completing the training programme.
Photo: Supplied


A group of ten students from the University of the Free State (UFS), together with students from the Central University of Technology (CUT), are working as interns at the Free State Stadium as part of the 2010 FIFA World Cup South Africa™ host broadcast operations.

Host Broadcast Services (HBS) has offered an internship on behalf of FIFA TV during the 2010 FIFA World Cup™ to around 330 students enrolled at South African tertiary institutes in each of the nine host cities. Successful students were taught about host broadcasting, TV production and event management, as well as the role they would fulfil during the event. After a final selection, an internship contract for the 2010 FIFA World Cup was signed with each student.

Positions ranging from assisting media rights licensees at each commentary tribune, to working in the production centre at the International Broadcast Centre (IBC), to assisting in coordinating the logistics of the host broadcast production teams have been filled.The programme is accredited by the Media, Advertising, Publishing, Printing and Packaging Sector Training Authority. All successful students will receive credits relevant to particular unit standards set out by the South African Qualification Authority. This gives each intern a huge advantage when next applying for employment.

 

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