While the United States has suffered one of the deadliest COVID-19 outbreaks of any country on earth, the economic devastation of the pandemic has struck most acutely in countries mired in extreme poverty.
Global wealth inequality worsened during the pandemic, concentrating 76% of wealth in the hands of the richest 10% and reserving just 2% of wealth for the bottom half of earners, according to a report released by World Inequality Lab in December.
Coping costs, or the added economic burden…
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