This plain-language brief summarizes the findings in the paper Falling living standards during the COVID-19 crisis: Quantitative evidence from nine developing countries published in Science Advances.
The COVID-19 pandemic and the social-distancing policies put in place to contain the virus have led to a reduction in economic activity around the world. Families in low- and middle-income countries (LMICs), many of whom work in the informal sector and lack social safety nets, face potentially stark threats to their livelihoods. However, little data exists on how these communities are being affected. During April-July 2020, researchers collected data on the early socioeconomic effects of COVID-19 using phone surveys of over 30,000 households (containing over 100,000 people) in Bangladesh, Burkina Faso, Colombia, Ghana, Kenya, Nepal, Philippines, Rwanda, and Sierra Leone.