Blog: Long-run impacts of COVID-19 on extreme poverty
Blog: Long-run impacts of COVID-19 on extreme poverty
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We know the economic impacts of COVID-19 have been severe. Advanced and developing countries alike have experienced massive job losses, economic contraction, falling investments and exports, and declining tourism dollars. The impact of COVID-19 on poverty, however, is less clear. We typically get poverty estimates from household survey data, which have been difficult to carry out during the last year. Thus, it may be a year or two before the full impact of the pandemic is known. Read More