the economic consequences of The Coronavirus pandemic could plunge, according to UN researchers, another 395 million people into extreme poverty. The number of people in the world live less than $ 1.90 per day, could rise to more than a billion.
The on Friday published study by the University of the United Nations. The Outlook for the Poorest in the world, don’t be gloomy, if the governments do more quickly, said Andy Sumner, one of the study’s authors. “The progress made in the fight against poverty could be thrown 20 to 30 years back.”
In the worst scenario, 1.12 billion arms
The study by the University of-Department United Nations University World Institute for Development Economics Research (UNU-WIDER) played through a series of scenarios, taking into account the different Poverty lines the world Bank’s extreme poverty, defined by a livelihood of not more than $ 1.90 per day, up to the higher Poverty line of less than 5,50 dollars per day.
Under the worst scenario – a 20-percent decline in Per capita income or consumption – could increase the number of people living in extreme poverty, to 1.12 billion. The same rate of decline for 5,50 Dollar threshold calculated could lead, therefore, to more than 3.7 billion people live below this poverty line and around half of the world’s population. On Monday the world Bank had stated that they expect 70 to 100 million people dashing through the pandemic in extreme poverty. (SDA/vnf)
