Covid vs the global poverty
by Muizz Fazeel
Epidemic and pandemics can cause tremendous financial harm as laborers fall sick, fearful and cautious individuals stay away from business sectors and public places, and quarantine and infectious prevention measures lessen travel and clamp down on trade. Intense financial interruption conveys specific dangers for helpless families, whose occupations are now unstable.
Image by Shubhangee Vyas
The behavior and choices that put poorer individuals on the front lines of infection during a pandemic are often the product of necessity. First, many low-wage workers are employed in services deemed essential during the pandemic (such as grocery stores and delivery services) or jobs with limited remote work options. Second, poorer neighborhoods are likely to have denser populations, which is more conducive to contagion. Third, people in poorer communities also tend to have very little in emergency savings, limiting their ability to reduce work hours to reduce their infection risks (for example, self-employed informal workers).
Despite where a pandemic starts, once in progress, the poor will in general endure the worst part. Low-and center pay nations (LMICs) have more vulnerable wellbeing systems and limited ability to deal with this crisis.
Image by Steve Knutson
Wealthier individuals can lower their infection risk because they have the option of working less and limiting time spent outside their homes. The effect of these choices is dramatic. The model simulations indicate that while a little more than 10 percent of rich households ever get infected by the virus, over half of poor households would become infected over a two-year period. This is also reflected in the incidence of deaths, where the model suggests poor households are about four times more likely to die. These numbers suggest that the poor households bear the brunt of the pandemics health costs.
27 May 2021
Share this on