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. This paper conclude there could be increases in poverty of a substantial magnitude—up to 400 million new poor living under the $1.90 poverty line, over 500 million new poor living under the poverty lines of $3.20 and $5.50. Further, the global income shortfall below each poverty line could expand by up to 60 per cent; the daily income losses could amount to $350m among those living under $1.90 per day and almost $200 million among the group of people newly pushed into extreme poverty.
Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/precarity-and-pandemic-covid-19-and-poverty-incidence-intensity-and-severity
[2] http://www.indiaenvironmentportal.org.in/files/file/COVID-19-and-poverty-incidence.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/united-nations-university-world-institute-development-economics-research
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/global
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/asia
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/south-asia
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/coronavirus
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/poverty
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/developing-countries