Center for Global Development: New Research: COVID-19 Could Throw 25 Million+ People into Poverty in Latin America
In a press release, Nora Lustig, non-resident fellow at CGD, writes, “With some Latin American countries leading the world in COVID-19 infections and deaths, the economic shock of the pandemic on the region will increase household poverty levels more than previously thought, new research from authors at Tulane University’s Commitment to Equity Institute and the Center for Global Development has found. The new paper, titled ‘The Impact of COVID-19 Lockdowns and Expanded Social Assistance on Inequality, Poverty and Mobility in Argentina, Brazil, Colombia and Mexico,’ uses household surveys to simulate the distributional consequences of COVID-19-induced lockdown policies in the four largest countries in Latin America. … The paper is available here, and a blog walking through the findings and methodology can be found here” (10/21).