The Agenda Podcast

Episode 20: Poverty

July 20, 2020 CGTN EUROPE Episode 20
The Agenda Podcast
Episode 20: Poverty
Show Notes

Today on the podcast we look at how the COVID-19 crisis has impacted the poorest around the world and what those in power can do to address the situation. Economic growth, diversification and sustainable development have all contributed to a fall in the number of people living in poverty over the past 20 years. 

That progress could be wiped out in a matter of months as the International Monetary Fund predicts a 4.9 percent reduction in the global economy following the COVID-19 crisis. To find out more I speak to Oxford University's Dr Juan Palomino who explains why those in poorer paid jobs will struggle most due to Covid-19. He explains to us which essential occupations are more likely to struggle during the pandemic [02:44]. He also tells us which countries in Europe are likely to struggle most due to the pandemic [04:01]. 

We also spoke to UNICEF's David Stewart who tells us that children are twice as likely to be forced into poverty from COVID-19 compared to adults. He also tells us what UNICEF is doing in order to help prevent children falling into poverty [08:57].  

Finally we also talk to Li Yong, deputy chair of the Expert Committee of China Association of International Trade. He  explains why China is still targeting poverty reduction despite an unprecedented international crisis. Li explains how China managed to uplift millions out of poverty, but must now focus on stopping them from falling back into poverty [13:08].