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COVID-19 is Reducing Domestic Remittances in Africa: What does it Mean for Poor Households?
The amount remitted by migrants from Sub-Saharan Africa (SSA) has grown tenfold in two decades, from $4.8 billion in 2000 to $48 billion in 2018. This reflects a steady increase in the number…
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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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Hunger Amid Plenty: How to Reduce the Impact of COVID-19 on the World’s Most Vulnerable People
The World Bank’s Commodity Markets Outlook comes with large caveats including uncertainty over the pandemic’s duration and severity; the direction of energy and fertilizer prices; currency movements; changes to trade and domestic support…
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How Pandemics Leave the Poor Even Farther Behind
By Davide Furceri, Prakash Loungani, and Jonathan D. Ostry / Image Credit: IMF The COVID-19 crisis is now widely seen as the greatest economic calamity since the Great Depression. In January, the IMF…