Fortune Favors the Bold - The Official Mastercard Podcast How Can We Work Together In a Crisis? (Bonus)
May 28, 2020
Trevor Mundel, President of Global Health at the Bill and Melinda Gates Foundation, and Mike Froman, Vice Chairman and President of Strategic Growth at Mastercard, discuss how crises mandate collaboration. They delve into the pandemic's unequal impacts on workers, particularly in the gig economy versus traditional jobs. The duo highlights the necessity for public-private partnerships to foster equitable healthcare access and pushes for collective resilience to address economic challenges. Together, they envision a more just society beyond this crisis.
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Economic Impact Varies Widely
- The pandemic impacts all workers differently, hitting vulnerable groups hardest economically and health-wise.
- Financial security and portable benefits become crucial buffers for coping with economic shocks.
Pandemics Exacerbate Inequality
- Pandemics worsen existing inequalities, especially in fragile health systems of poor regions.
- Indirect consequences like disrupted healthcare can cause more deaths than the disease itself.
Unprecedented Global Collaboration
- Global health research collaboration is unprecedented and accelerating rapidly against COVID-19.
- Competitors share resources and manufacturing capacity to scale treatments, showing remarkable unity.