Impacts of Covid-19 on efforts to eradicate poverty

The international poverty line currently stands at $2 per day. While there has been great progress towards the eradication of poverty in some parts of the world, there is clearly more work to be done. It is projected that the Covid-19 pandemic will leave more than 70 million additional people in extreme poverty, and 200 million additional people in poverty.

In this podcast, Alvaro Castellanos Howell, Co-Chair of the IBA Poverty and Social Development Committee, talks to Hugo Beteta, Director of the Economic Commission for Latin America and the Caribbean (ECLAC). Mr Beteta discusses the impact of the Covid-19 pandemic on Latin American and Caribbean countries, the difference between poverty and inequality, and the recommendations made by ECLAC on the eradication of poverty.