The Pandemic Stalls Growth in the Global Middle Class, Pushes Poverty Up Sharply

“The COVID-19 pandemic is having a deep effect on the global economy. In January 2020, as reports of the novel coronavirus were emerging, the World Bank forecasted that the global economy would expand by 2.5% that year. In January 2021, with the pandemic still holding much of the world in its grip, the World Bank […]