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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

International delegates rethink justice and righteousness at Theology conference
2015-09-07


Participants in the multidisciplinary conference hosted by the UFS Faculty of Theology, celebrated the 35th anniversary of the faculty with a festive dinner.

The Faculty of Theology at the University of the Free State (UFS) held a multidisciplinary conference from 24 to 26 August 2015, with the theme of ‘Re-thinking justice and righteousness in society’. A total of 26 papers were presented at the congress, with contributions from Theology, Economic and Management Sciences, the Humanities, and Law. Delegates from Nigeria, Zimbabwe, Zambia, and Belgium attended the conference, in addition to academics from the UFS.



Some of the keynote speakers at the international conference hosted by the UFS Faculty of Theology, ‘Re-thinking justice and righteousness in society’: Prof Fanie Snyman, Dean of the UFS Faculty of Theology, Rev Peter Awojobi, Rev Menard Musendekwa and Prof Ango Samuel.

“With this conference,” said Prof Fanie Snyman, Dean of the UFS Faculty of Theology, “we are positioning the faculty alongside other faculties whose insights and disciplines are important to Theology. A multidisciplinary forum also provides great possibilities for

cooperation across disciplines.”

The conference coincided with a visit to the UFS by students in the theological faculties at the Universities of Stellenbosch and Pretoria. These students attended some of the presentations, in addition to the other activities they were involved in.

The Faculty of Theology is celebrating its 35th anniversary this year, making it not only the youngest faculty at the UFS, but also the youngest theology faculty in South Africa. In this time, the faculty has established itself as a significant role player within the theological landscape, with important agreements having been reached with theological institutions in Europe, the USA, and Africa.

 

 

 

 

 

 

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