Covid-19 and how it is Effecting Native American Children

Fewer disasters have had as significant an impact as COVID-19. The disease is taking its toll on the globe, causing severe illnesses, deaths, and economic despair. Similarly, the disease is also affecting global poverty, with U.S. minority groups, including Native Americans making up the larger share of its casualties. The goal of this literature review is to analyze the different research regarding the impact of COVID-19 on global poverty.

While most American households will feel the effects of COVID-19, vulnerable groups and the poor are likely to suffer the long-term monetary impact. In its forecast, The World Bank (2020) predicts that COVID-19 is expected to cause a rise in poverty levels, first of a kind since 1998, when the Asian Financial Crisis hit. The body predicts that the virus will push an estimated 40-60 million people around the globe into abject poverty. However, the areas most afflicted depend on the immediate effects of the illness on economic activities and the collective number of individuals living just above the poverty line. This means that the disadvantaged Native American families are likely to be affected.

The World Economic Outlook (2020), forecasts that the number of people living on less than $1.9 a day will increase to 8.6% in 2020, up from 8.2% in 2019 ( 632 million to 665 million in 2020). This projection effectively means that an additional 33 million people will be living below the poverty line. What the estimates suggest is that COVID-19 will push a staggering 50 million people into abject poverty.

If anything, estimating the rate at which poverty will increase because of COVID-19 is in itself a daunting task and comes with a lot of uncertainties. However, if done correctly, the data gathered can be useful in combating the impacts of future global disasters.

Reference

Mahler, D., & Lakner, C. (2020, May 11). This is the effect COVID-19 will have on global poverty, according to the World Bank. Retrieved from World Economic Forum: https://writingcenter.ashford.edu/sites/default/files/inline-files/Sample%20Literature%20Review_0.pdf