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When Inequality is High, Pandemics Can Fuel Social Unrest
In the months and years following previous pandemics, the countries most affected saw a rise in social unrest. Based on this historical trend, the COVID-19 pandemic could pose a threat to the social…
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How the Rich Get Richer
A paper co-authored this year by economists from the IMF and other institutions confirms that wealthier people are more likely to earn higher returns on their investments. It also shows that the children…
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How COVID-19 will Increase Inequality in Emerging Markets and Developing Economies
Despite the pre-pandemic gains in poverty reduction and lifespans, many of the EMDEs have struggled to reduce income inequality. At the same time, they saw persistently high shares of inactive youth (i.e., not…
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Monetary Policy for all? Inequality and the Conduct of Monetary Policy
nequality in both advanced economies and emerging markets has been on the rise in recent decades. The COVID-19 pandemic has exacerbated and raised awareness of disparities between the rich and poor.
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The Impact of COVID-19 (Coronavirus) on Global Poverty: Why Sub-Saharan Africa Might be the Region Hardest Hit
COVID-19 is taking its toll on the world, causing deaths, illnesses and economic despair. But how is the deadly virus impacting global poverty? Here we’ll argue that it is pushing about 40-60 million…
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Teleworking is not Working for the Poor, the Young and the Women
The COVID-19 pandemic is devastating labor markets across the world. Tens of millions of workers lost their jobs, millions more out of the labor force altogether, and many occupations face an uncertain future.…
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Five Things we Learnt from the 2019 NBS Poverty and Inequality Report
5 Key things you should know about the poverty situation in Nigeria based on the Nigerian Living Standards Survey.