One long-term consequence of COVID-19 on countries in the Global South is that these countries' growth rates will likely be lower than those of countries in the Global North. The pandemic has exacerbated existing economic vulnerabilities, including limited access to healthcare, social safety nets, and digital infrastructure, which has severely impacted economic recovery.
In many Global South countries, GDP contraction, disruptions to trade, and reduced foreign direct investment have led to slower recovery rates. Additionally, the pandemic has strained public services and educational systems, which can hinder workforce development and productivity in the long term. As a result, without substantial investment and reforms, these countries may struggle to achieve sustainable economic growth, ultimately widening the gap with Global North economies.
This scenario highlights ongoing disparities in economic resilience and recovery capabilities between different regions, with significant long-term implications for poverty levels, employment opportunities, and overall development.