articleAmerican Journal of EconomicsAug 1, 2020DIAMOND OA

The Extent of COVID-19 Pandemic Socio-Economic Impact on Global Poverty. A Global Integrative Multidisciplinary Review

PAREXEL International (United Kingdom) · Universidade do Estado do Pará · +5 more institutions

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Abstract

The outbreak of COVID 19 made many poor communities in different places of the world face very challenging socio-economic and livelihood consequences. This paper targets to analyse this socio-economic impact to determine how the pandemic is causing various problems to the impoverished. An integrative literature review was carried out to sample the consequences of the global pandemic economic crisis on the poor communities in four different continents. The research points out how it is hard on the poor to adhere to the restrictive measures of social isolation or the lockdown. Immediate strategies that minimize the pandemic impact on the livelihood and the socio-economic activities of the poor are suggested. The…

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484
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FWCI
123.00
Percentile
100%
References
24
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Authors

8

Topics & keywords

Keywords
  • Livelihood
  • Pandemic
  • Poverty
  • Coronavirus disease 2019 (COVID-19)
  • Multidisciplinary approach
  • Economic impact analysis
  • Development economics
  • Economic growth
UN Sustainable Development Goals
  • No poverty
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