The COVID 19 pandemic has only reinforced the merits of the triad model of engagement  for economic and social development  and in dealing with the Covid19 crisis threatening  life itself. The triad involves the participation of the Government, Private and  the Third sector- including a motley of civil society organisations , philanthrophys, ngos  etc . The third sector  is probably , truly not just a fair weather craft….it comes in to fill gaps &  when the going gets tough. Alongside a free vaccine policy if civil society steps in to address shortfalls ,demand supply mismatches,  it results in an additional crucial component called social capital. This may be considered to be priceless for it is symbolic of caring for fellow human beings  and a community cohesion. At grass root level  a local political worker’s attempt to fill in the gaps  by providing online access to residents in the area to get their online appointments for the vaccines shots is also to be appreciated.

What the Private sector can do is another  matter altogether .  One read of a corporate proposal to continue to pay salaries of the COVID 19 deceased employees until their respective  age of retirement to their dependents.. There may be many innovative need based  creative voluntary interventions perhaps  within its limits.

Going forward  one may expect various impediments  for the continuation of capital flows as before the Pandemic  ( already we see some step back in the 0.7% aid commitment ). In general with all due care, easing of capital flows may become necessary. The third sector could probably play a more supportive role to governments in mobilising resources for  a post pandemic reconstruction . The IBRD -World Bank was set up for postwar reconstruction.  The pandemic reconstruction is conceptually n times more challenging than post war  reconstruction because it involves  the whole hetrogenous world. (210 countries affected by COVID 19  as of 13 July 2021 Statista -WWII affected countries 30 est. ) Add the Damocles Sword of  Climate Change and  Rising Inequality .

( Global absolute Gini 290 in 1950 1000 in 2019 this is only income  not wealth UN WIDER WP2021/61)

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