Original scientific paper

POVERTY UNDER THE INFLUENCE OF COVID-19: OVERVIEW AND FORECASTS

Amra Nuhanović orcid.org/0000-0002-0681-6348 ; Ekonomski fakultet Univerzitet u Tuzli
Amra Babajić ; Ekonomski fakultet Univerzitet u Tuzli

Abstract

This paper is an attempt to obtain and explain the prevalence of poverty at the
time of the COVID-19 pandemic. The current pandemic poses a great challenge
to the world economy and makes not at all simple decisions for economic and
social policy makers. It is very difficult to measure the real impact on the global
economy of the COVID-19 pandemic (meaning primarily the level of production,
employment, food security, international trade, etc.), and therefore the poverty
rates and lines. The results of the research showed that, contrary to the recent
global financial crisis, the current pandemic and the current health crisis have
affected all the world's economies - especially with aspects of poverty and living
standards. The results of the research can help economic and social policy
makers in designing a poverty reduction strategy.

Keywords

poverty, islamic economy, conventional economy, COVID-19, comparative analysis.

Hrčak ID:

295025

URI

https://hrcak.srce.hr/295025

Publication date:

7.3.2023.

Article data in other languages: croatian

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