How COVID-19 Will Increase Inequality in Emerging Markets and Developing Economies
By Gabriela Cugat and Futoshi Narita
عربي, 中文, Español, Français, 日本語, Português, Русский
Emerging markets and developing economies grew consistently in the two decades before the COVID-19 pandemic hit, allowing for much-needed gains in poverty reduction and life expectancy. The crisis now puts much of that progress at risk while further widening the gap between rich and poor.
Despite the pre-pandemic gains in poverty reduction and lifespans, many of these countries have struggled to reduce income inequality. At the same time, they saw persistently high shares of inactive youth (i.e., those not […]
