This paper evaluates the global welfare consequences of increases in mortality and poverty generated by the Covid-19 … pandemic. Increases in mortality are measured in terms of the number of years of life lost (LY) to the pandemic. Additional … dominance of poverty over mortality is reversed in a counterfactual "herd immunity" scenario: without any policy intervention …

This paper evaluates the global welfare consequences of increases in mortality and poverty generated by the Covid-19 … pandemic. Increases in mortality are measured in terms of the number of years of life lost (LY) to the pandemic. Additional … dominance of poverty over mortality is reversed in a counterfactual herd immunity scenario: without any policy intervention, LYs …

and compare two important components of those losses - increased mortality and higher poverty - using years of human life … pandemic. The mortality burden, whether estimated in lives or in years of life lost, increases sharply with GDP per capita. The … burden of the pandemic, relative to the mortality burden, is much higher for poor countries. The distribution of aggregate …