Topic updates
Poverty Reduction - Half of Poorer Countries have cut Health Spending since Covid

11th October 2022
Some rather depressing research from Oxfam reveals that budget analysis shows that post-Covid health spending has fallen in around a half of the poorest countries and that welfare spending and education spending have also seen marked declines, with the latter falling in three quarters of low- and low-middle income countries. Worse still, debt repayments have risen to 27.5% of their budgets.
As the article states, this represents “twice the amount that they have spent on their education, four times that of health and nearly 12 times that of social protection”, which won't be good for development prospects.
Even in developed economies though, the effect of the pandemic has been to widen income inequality in many economies.
You might also like

Sugar Cane and Economic Development in Mauritius
20th October 2014
The Power of Remittances
19th October 2014

Growth and Development in Ethiopia
17th October 2014

Growth and Development in the Ivory Coast
20th October 2014
Is it helpful to talk about ‘relative poverty’ in the UK?
3rd October 2014

2014 Human Development Report focuses on Vulnerability
24th July 2014
Inequality: a great induction topic for A2 economics
17th June 2014