Impacts of COVID-19 on global poverty, food security and diets

This study assesses the impact of COVID-19 on poverty, food insecurity and diets, accounting for the complex links between the crisis and the incomes and living costs of vulnerable households. Key elements are impacts on labor supply; effects of social distancing; shifts in demand from services invo...

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Main Authors: Laborde Debucquet, David, Martin, Will, Vos, Rob
Format: Artículo preliminar
Language:Inglés
Published: International Food Policy Research Institute 2020
Subjects:
Online Access:https://hdl.handle.net/10568/143578
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author Laborde Debucquet, David
Martin, Will
Vos, Rob
author_browse Laborde Debucquet, David
Martin, Will
Vos, Rob
author_facet Laborde Debucquet, David
Martin, Will
Vos, Rob
author_sort Laborde Debucquet, David
collection Repository of Agricultural Research Outputs (CGSpace)
description This study assesses the impact of COVID-19 on poverty, food insecurity and diets, accounting for the complex links between the crisis and the incomes and living costs of vulnerable households. Key elements are impacts on labor supply; effects of social distancing; shifts in demand from services involving close contact; increases in the cost of logistics in food and other supply chains; and reductions in savings and investment. These are examined using IFPRI’s global general equilibrium model linked to epidemiological and household models. The simulations suggest the global recession caused by COVID-19 will be much deeper than that of the 2008-2009 financial crisis. The increases in poverty are concentrated in South Asia and Sub-Saharan Africa with impacts harder in urban areas than in rural. The COVID-19-related lockdown measures explain most of the fall in output, while declines in savings soften the adverse impacts on food consumption. Almost 150 million people are projected to fall into extreme poverty and food insecurity. Decomposition of the results shows that approaches assuming uniform income shocks would underestimate the impact by as much as one third, emphasizing the need for the more refined approach of this study.
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spelling CGSpace1435782025-12-02T21:03:03Z Impacts of COVID-19 on global poverty, food security and diets Laborde Debucquet, David Martin, Will Vos, Rob models covid-19 computable general equilibrium models trade food security diet poverty dietary diversity This study assesses the impact of COVID-19 on poverty, food insecurity and diets, accounting for the complex links between the crisis and the incomes and living costs of vulnerable households. Key elements are impacts on labor supply; effects of social distancing; shifts in demand from services involving close contact; increases in the cost of logistics in food and other supply chains; and reductions in savings and investment. These are examined using IFPRI’s global general equilibrium model linked to epidemiological and household models. The simulations suggest the global recession caused by COVID-19 will be much deeper than that of the 2008-2009 financial crisis. The increases in poverty are concentrated in South Asia and Sub-Saharan Africa with impacts harder in urban areas than in rural. The COVID-19-related lockdown measures explain most of the fall in output, while declines in savings soften the adverse impacts on food consumption. Almost 150 million people are projected to fall into extreme poverty and food insecurity. Decomposition of the results shows that approaches assuming uniform income shocks would underestimate the impact by as much as one third, emphasizing the need for the more refined approach of this study. 2020-12-01 2024-05-22T12:15:19Z 2024-05-22T12:15:19Z Working Paper https://hdl.handle.net/10568/143578 en https://doi.org/10.1126/science.abc4765 https://www.ifpri.org/news-release/economic-and-food-supply-chain-disruptions-endanger-global-food-security https://www.ifpri.org/blog/poverty-and-food-insecurity-could-grow-dramatically-covid-19-spreads https://www.ifpri.org/blog/how-much-will-global-poverty-increase-because-covid-19 Open Access application/pdf International Food Policy Research Institute Laborde Debucquet, David; Martin, Will; and Vos, Rob. 2020. Impacts of COVID-19 on global poverty, food security and diets. IFPRI Discussion Paper 1993. Washington, DC: International Food Policy Research Institute (IFPRI). https://doi.org/10.2499/p15738coll2.134229.
spellingShingle models
covid-19
computable general equilibrium models
trade
food security
diet
poverty
dietary diversity
Laborde Debucquet, David
Martin, Will
Vos, Rob
Impacts of COVID-19 on global poverty, food security and diets
title Impacts of COVID-19 on global poverty, food security and diets
title_full Impacts of COVID-19 on global poverty, food security and diets
title_fullStr Impacts of COVID-19 on global poverty, food security and diets
title_full_unstemmed Impacts of COVID-19 on global poverty, food security and diets
title_short Impacts of COVID-19 on global poverty, food security and diets
title_sort impacts of covid 19 on global poverty food security and diets
topic models
covid-19
computable general equilibrium models
trade
food security
diet
poverty
dietary diversity
url https://hdl.handle.net/10568/143578
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