Precarity and the pandemic: COVID-19 and poverty incidence, intensity, and severity in developing countries
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.
