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In this paper we make estimates of the potential short-term economic impact of COVID-19 on global monetary poverty …, and high global contractions of 5, 10, and 20 per cent; we calculate the impact of each of these scenarios on the poverty … headcount using the international poverty lines of US$1.90, US$3.20 and US$5.50 per day. Our estimates show that COVID poses a …
Persistent link: https://www.econbiz.de/10012198871
This paper makes a set of estimates for the potential impact of the COVID-19 pandemic on poverty incidence, intensity …, and severity in developing countries and on the distribution of global poverty. We conclude there could be increases in … poverty of a substantial magnitude-up to 400 million new poor living under the $1.90 poverty line, over 500 million new poor …
Persistent link: https://www.econbiz.de/10012233728
In this paper we argue that the decline in global inequality over the last decades has spurred a 'sunshine' narrative of falling global inequality that has been rather oversold, in the sense, we argue, it is likely to be temporary. We argue the decline in global inequality will reverse due to...
Persistent link: https://www.econbiz.de/10012887946