Showing 1 - 10 of 57
The COVID-19 pandemic represents an unprecedented global crisis. The task for economic policy is to help keep people alive, enterprises afloat, and households out of poverty. The pandemic has macroeconomic dimensions. First, it affects macroeconomic stability and growth. Second, the tools of...
Persistent link: https://www.econbiz.de/10012228062
In this paper we make estimates of the potential short-term economic impact of COVID-19 on global monetary poverty through contractions in per capita household income or consumption. Our estimates are based on three scenarios: low, medium, and high global contractions of 5, 10, and 20 per cent;...
Persistent link: https://www.econbiz.de/10012198871
The global spread of COVID-19 is one of the largest threats to people and governments since the Second World War. The on-going pandemic and its countermeasures have led to varying physical, psychological, and emotional experiences, shaping not just public health and the economy but also...
Persistent link: https://www.econbiz.de/10012233710
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...
Persistent link: https://www.econbiz.de/10012233728
This paper provides a preliminary assessment of COVID-19's impact on global poverty in the light of the IMF's April 2020 growth forecasts. The analysis shows that the pandemic will have dramatic consequences, eroding many of the gains recorded over the last decade in terms of poverty reduction....
Persistent link: https://www.econbiz.de/10012228066
The COVID-19 pandemic holds at least seven lessons for the relationship between data-driven decision making, the use of artificial intelligence, and development. These are that (1) in a global crisis, the shifting value of data creates policy pitfalls; (2) predictions of crises and how they play...
Persistent link: https://www.econbiz.de/10012268212
This paper analyses how inequality across counties in the United States of America has shaped the impact of the COVID-19 pandemic on the incidence of protests. The empirical analysis combines weekly data between January and December 2020 on levels of COVID-19-related policy stringency and...
Persistent link: https://www.econbiz.de/10012489787
This study posits that pandemics should be regarded as complex, open-ended phenomena that cannot be reduced to biology and epidemiology. The research assesses Ghana's effectiveness in governing the COVID-19 pandemic contrary to apocalyptic predictions. This paper critiques Ghana's responses to...
Persistent link: https://www.econbiz.de/10013461873
This paper presents findings from two rounds (2020 and 2021) of a study on the impact of the COVID-19 crisis on informal workers in 11 cities across five regions of the world (Africa, Asia, Eastern Europe, Latin America, and North America). The study, carried out by the WIEGO network in...
Persistent link: https://www.econbiz.de/10013191453
This paper investigates how persistent changes in trust caused by the Great Recession have affected how governments and citizens across Europe responded to the next global crisis: the COVID-19 pandemic. We show that increases in individualism and mistrust towards institutions caused by...
Persistent link: https://www.econbiz.de/10014335957