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Despite efforts by the World Bank, the pandemic has resulted in a Reversals of Fortune - extreme poverty has increased after many decades and shared
Despite efforts by the World Bank, the pandemic has resulted in a "Reversals of Fortune" extreme poverty has increased after many decades and shared prosperity has declined. All the following are correct implications of this trend EXCEPT:
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Many of the "New Poor" are from countries in South Asia, such as India
Extreme poverty in SubSaharan Africa declined as the younger population in the region is more immune to COVID
Shared prosperity which has declined refers to the growth in income of a country's poorest
There are over million additional people who will be living on less than $ a day
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