Debt as percentage of GDP in emerging market and developing economies (EMDEs), 1970-2020. COVID-19 pushed debt in developing economies to the highest level in more than 50 years. By the end of 2020, private debt in EMDEs reached a record 142 percent of GDP. Graphic: World Bank

World Bank’s 2021 Year in Review in 11 Charts: The Inequality Pandemic

By Venkat Gopalakrishnan, Divyanshi Wadhwa, Sara Haddad, and Paul Blake 21 December 2021 (World Bank) – From uneven economic recovery to unequal access to vaccines; from widening income losses to divergence in learning, COVID-19 has had a disproportionate impact on the poor and vulnerable in 2021. It is causing reversals in development and is dealing a […]

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