Social Sciences
2 years ago

Global economic recovery post-COVID-19 uneven, worsens extreme poverty situation.

Scientific Works of the Free Economic Society of Russia
World Economic Situation and Prospects 2022: UN DESA View, CMASF Commentary
D.R. Belousov

Paper Summary

The UN DESA report discusses the global economic recovery after the 2020 recession caused by COVID-19. Recovery varied across regions, with developing countries not benefiting from asset purchase programs in developed countries. Instead, they faced losses due to rising energy and food prices. Extreme poverty has worsened as a result.

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