Visiting Romania can feel like traveling to two separate countries. On one side, urban, rapidly advancing cities such as Bucharest and Cluj are thriving. On the other side, poverty and stagnation affect rural communities and smaller towns. According to the Brookings Institution, more than 25% of the population lives on less than $5.50 a day. Read more…
Covid-19 could push 30 million African children into poverty
Covid-19 is putting a strain on societies and economies around the world, and the poor who are carrying the burden of the disease, both in high-income countries as well as in developing contexts. Today, the World Bank has published its first assessment of the economic impact of Covid-19 in Sub-Saharan Africa, showing the devastating effects Read more…
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