Question

essay on poverty and covid-19

Answer 1

Since our previous analyses of the impacts of the pandemic on global staple food markets and poverty and hunger, cases of COVID-19 worldwide have grown exponentially. Currently, more than half of the world 's population is somehow socially distanced to contain the health crisis. With COVID-19 now expanding to the poorer areas of the world and the economic fallout, even more people will become hungry and food-insecure.

About 140 million people could plunge into extreme poverty (measured against the $1.90 poverty line) in 2020, a 20 percent rise from current levels, in the absence of measures worldwide. In fact, this will cause food poverty to rise. According to the assumptions, global economic growth is expected to fall by 5% in 2020 and the effects on poverty would be devastating without social and economic reduction steps such as fiscal easing and expansion of social safety nets. In order to avoid piling an unnecessary food price crisis on the current health and economic catastrophes facing the world, concerted efforts should also be made to keep trade channels open.