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COVID-19: poverty has led to greater welfare loss than ill health in many low-income countries

Ferreira, Francisco, Sterck, Olivier, Gerszon Mahler, Daniel and Decerf, Benoit (2021) COVID-19: poverty has led to greater welfare loss than ill health in many low-income countries. LSE Business Review (15 Jun 2021). Blog Entry.

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Abstract

Global welfare has taken a turn for the worse in the age of COVID, with both health and income levels under threat. Francisco Ferreira, Olivier Sterck, Daniel Gerszon Mahler, and Benoit Decerf estimate the worldwide mortality and poverty generated by the pandemic and compare these two sources of welfare losses by expressing them in a common metric: years of human life. Their analysis shows that for most poor and middle-income countries, greater economic deprivation has been a more important source of loss in well-being than premature death.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/businessreview/
Additional Information: © 2021 The Authors
Divisions: LSE
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HV Social pathology. Social and public welfare. Criminology
R Medicine > RA Public aspects of medicine > RA0421 Public health. Hygiene. Preventive Medicine
Date Deposited: 23 Aug 2021 09:27
Last Modified: 14 Sep 2024 03:04
URI: http://eprints.lse.ac.uk/id/eprint/111095

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