By Jaya Ramachandran
GENEVA (IDN) — A once-in-a-century crisis—a Great Disruption unleashed by the COVID-19 pandemic—hit the world economy in 2020. The pandemic has reached every corner of the globe. Meanwhile, more than 120 million have been infected and close to 2.7 million people killed worldwide.
High unemployment and loss of income have pushed millions into destitution during the pandemic. The total number of people living in poverty is expected to have increased by 131 million in 2020 alone. As many as 797 million people will still be trapped in extreme poverty in 2030, representing a poverty headcount ratio of over 9 per cent. (P33) CHINESE | JAPANESE TEXT VERSION PDF | KOREAN | PORTUGUESE
- Ramesh Jaura
- Project Articles