COVID-19 Pandemic Raises Inequality And Hinders Poverty Alleviation

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COVID-19 Pandemic Raises Inequality And Hinders Poverty Alleviation

Silhouette of a man in a slum area with a harbor in the background in Jakarta, Indonesia on March 26, 2021. The general, protracted slowdown in economic activity due to the COVID-19 pandemic has mired poverty reduction and increased inequality, according to World Bank Vice President for East Asia and Pacific Victoria Kwakwa. Meanwhile, several nations in the East Asia and Pacific whose assistance is still smaller than the loss of the people's income, the stimulus has failed to wholly address the lack of demand. (Photo by Afriadi Hikmal/NurPhoto)


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