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This paper evaluates the global welfare consequences of increases in mortality and poverty generated by the Covid-19 … years spent in poverty (PY) are conservatively estimated using growth estimates for 2020 and two dierent scenarios for its … 2020, the pandemic (and the observed private and policy responses) has generated at least 68 million additional poverty …
Persistent link: https://www.econbiz.de/10012826740
and compare two important components of those losses â increased mortality and higher poverty â using years of human life … period and by the most conservative definition, over 120 million additional years were spent in poverty because of the … poverty burden, on the contrary, declines with per capita national incomes when a constant absolute poverty line is used, or …
Persistent link: https://www.econbiz.de/10014260888
Since Aristotle, a vast literature has suggested that economic inequality has important political consequences. Higher inequality is thought to increase demand for government income redistribution in democracies and to discourage democratization and promote class conflict and revolution in...
Persistent link: https://www.econbiz.de/10013016396