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Given the importance of labor income in the region, there are several important questions about the effects of Coronavirus disease 2019 (COVID-19) on the labor market. At the outset of the pandemic, 48 percent of Latin American and Caribbean (LAC) workers stopped working and 16 percent lost...
Persistent link: https://www.econbiz.de/10012603640
COVID-19 closures in Latin American and the Caribbean countries helped to curb the spread of the virus, but inevitably brought negative consequences for households, principally in the form of job losses, income reduction, and, in some cases, food insecurity. Future policy measures should aim to...
Persistent link: https://www.econbiz.de/10012544684
Climate change is believed to represent a serious challenge to poverty reduction efforts around the globe. This paper conducts an up-to-date review of three main strands of the literature analyzing the poverty impacts of climate change : (i) economy-wide growth models incorporating climate...
Persistent link: https://www.econbiz.de/10012551121
Measuring the poverty and distributional impact of the global crisis for developing countries is not easy, given the multiple channels of impact and the limited availability of real-time data. Commonly-used approaches are of limited use in addressing questions like who are being affected by the...
Persistent link: https://www.econbiz.de/10012551457
As the financial crisis has spread through the world, the lack of real-time data has made it difficult to track its impact in developing countries. This paper uses a micro-simulation approach to assess the poverty and distributional effects of the crisis in the Philippines. The authors find...
Persistent link: https://www.econbiz.de/10012551505
Digital connectivity has been a critical mitigating factor for the adverse effects of lockdowns implemented in response to the Coronavirus (Covid-19) pandemic on household welfare in Latin America and the Caribbean. Households with access to digital technologies were able to cope better with the...
Persistent link: https://www.econbiz.de/10012701413
The most vulnerable households in Latin America and the Caribbean have been disproportionately affected by the Coronavirus (Covid-19) pandemic, endangering the region's inclusive development path. High-Frequency Phone Surveys show that two months into the pandemic, in May 2020, the gaps between...
Persistent link: https://www.econbiz.de/10012701414
Latin American and the Caribbean is one of the regions in the world most affected by the COVID-19 pandemic, and the welfare impacts for households have been severe. At the macroeconomic level, the World Bank estimates a contraction of 6.9 percent of the region's GDP in 2020, due to...
Persistent link: https://www.econbiz.de/10012701510
Given the importance of labor income in the region, there are several important questions about the effects of Coronavirus disease 2019 (COVID-19) on the labor market. At the outset of the pandemic, 48 percent of Latin American and Caribbean (LAC) workers stopped working and 16 percent lost...
Persistent link: https://www.econbiz.de/10012701570
Coronavirus disease 2019 (COVID-19) continues to preoccupy the population in Latin America and Caribbean (LAC), as do the pandemic's economic ramifications. The willingness and or ability of people to follow the recommendation to stay at home began to noticeably tail off by the beginning of...
Persistent link: https://www.econbiz.de/10012701656