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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

Institute launches Human Rights Desk
2013-10-22

 

Attending the launch of the first Human Rights Desk were from left: Prof Teuns Verschoor, former Vice-Rector: Institutional Affairs, Dr Leon Wessels, human rights activist and lawyer, and Dr Choice Makhetha, Vice-Rector: External Relations.
Photo: Huibrecht Hoffman
22 October 2013

The university has created another beacon for social justice and reconciliation with the launch of its first Human Rights Desk (HRD) on the Bloemfontein Campus. The HRD, which falls under the Institute for Reconciliation and Social Justice, will promote, protect and monitor human rights at the university.

Speaking at the launch of the HRD, Prof Andre Keet, Director of the Institute for Reconciliation and Social Justice, said the desk will investigate reported violations of human rights on campus. "It will investigate any cases that require investigation, as well as various other projects that serves the university and national and international imperatives as far as human rights is concerned.”

Prof Keet told students and staff in attendance that the desk is an expression of the university's commitment. "As a university, we have to own this particular desk, as a collective entity we should make it work and be proud of it. Our task is to build a new form of productivity into the language of rights, and build a culture of human rights among our students, which we can already see emerging."

Also speaking at the event, Prof Jonathan Jansen, Vice-Chancellor and Rector, said the HRD will be a place where people can come who are hurt. He encouraged students to speak on human rights anywhere in the world. "I want you to think of yourself as a borderless human being, for human rights are not geographically confined. I want you to also hurt when somebody in a mall in Kenya gets hurt."

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