Please use this identifier to cite or link to this item: http://hdl.handle.net/10419/229301
Authors: 
Sumner, Andrew
Ortiz-Juarez, Eduardo
Hoy, Chris
Year of Publication: 
2020
Series/Report no.: 
WIDER Working Paper No. 2020/77
Abstract: 
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 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. Finally, we present country-level poverty estimates that show the location of global poverty is likely to shift towards middle-income countries and South Asia and East Asia. Our estimates are indication of the range of potential outcomes. If anything, our estimates show the extent of precarity in developing countries and the fragility of much poverty reduction to any economic shock.
Subjects: 
COVID-19
crisis
global poverty
precarity
SDGs
vulnerability
JEL: 
I32
Persistent Identifier of the first edition: 
ISBN: 
978-92-9256-834-4
Document Type: 
Working Paper

Files in This Item:
File
Size





Items in EconStor are protected by copyright, with all rights reserved, unless otherwise indicated.