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decline in earnings, extreme poverty and the Gini coefficient based on labor income increased by around 9.2 and 5 percentage … than offset the labor income losses for the bottom four deciles, however, such that poverty relative to the pre … ended in late 2020. The challenge will be to avoid a sharp increase in poverty and inequality if the labor market does not …
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detrimental medium-term effects on output, unemployment, poverty, and inequality. However, policies can go a long way toward … relatively greater fiscal support. The increases in unemployment, poverty, and inequality are likewise lower for countries with …
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