COVID-19 Threatens Decades Of Progress On Global Poverty, Report Says-Devex

The economic fallout of the COVID-19 pandemic threatens to create a “new era” of poverty, putting decades of progress at risk, research from the United Nations University suggests. In a worst-case scenario, more than half a billion people — almost 8% of the global population — could be pushed into poverty as a result of the pandemic, according to modeling by researchers at UNU’s World Institute for Development Economics Research. Devex, 04/09/2020

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