Poverty facilitates coronavirus and coronavirus fosters poverty: chains of effects and possible actions
News from 2020-07-31 / KfW Research, KfW Development Bank
Development in Brief
Although knowledge of coronavirus transmission routes is still patchy, it is nonetheless clear that poverty facilitates its spread in a number of ways. The chains of effects work in both directions here, as the coronavirus pandemic simultaneously fosters poverty. This poses a major challenge for developing countries with less capacity and fewer financial resources to remain capable of acting and of stopping poverty rates from worsening.
The current edition of Development in Brief looks at the various chains of effects and suggests possible actions to take.