The COVID-19 pandemic is having impact on Livelihoods. As the US stock market plummeted wiping out US$12 trillion in global market value, African stocks slid even further, losing more than 40% of their value, and global supply chains came to a standstill.
The BFA Global provide an immediate response, we provide an early, exploratory look into what is happening to livelihoods in emerging markets since the public health saga erupted and the economic crisis began to rapidly unfold. Through an agile, rapid dipstick survey we concluded on March 27th (methodology described below), they share three early findings based on 1,521 respondents from Kenya, Nigeria, South Africa, Mexico, India, UK, and US, with the latter two countries for comparison with developed economies. Their objective is directional at this time, to surface focus areas that demonstrate the value of deeper exploration and that lend themselves to more rigorous analysis.
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Kenya, United States
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