Potential Impact of Covid-19 Pandemic on Poverty Reduction in China
Abstract
Before the outbreak of the Covid-19 pandemic, poverty alleviation in China was steadily progressing. However, the pandemic led to reductions in both aggregate demand and aggregate supply, posing new challenges to poverty alleviation efforts. Moreover, the pandemic also exacerbated burdens on health care systems serving areas of lower socioeconomic status. The government should adopt expansionary policies to offset the effects of Covid-19 on poverty reduction.
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DOI: http://dx.doi.org/10.18686/mmf.v6i4.6569
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