The number of very poor people was steadily falling; now it isrising fast. From 1990 until last year the number of extremely poorpeople—those who subsist on less than $1.90 per day—fell from 2bn,or 36% of the world's population, to around 630m, or just 8%. Now,for the first time since 1998, that number is rising—very fast as aresult of the COVID-19 pandemic.
Many poor countries have copied the kind of lockdowns that havebeen imposed in rich countries. But the circumstances are utterlydifferent. Discuss the following:
The number of very poor people was steadily falling; now it is rising fast. From 1990 until last year the number of extr
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