Gaps in how we study the impact of covid on inequality4 min read . Updated: 15 Apr 2021, 09:25 PM IST
A recent paper by Angus Deaton examines what shocks like this pandemic do to inequality among countries but does not answer how inequities are affected within nation-states.
At the onset of the covid pandemic, early last year, I argued in an essay that the virus’s global spread and socio-economic impact would make it the ‘great leveller’, flattening or reducing high wealth/income inequities at a global level, while redefining pre-existent political and economic arrangements from one country to another. My argument then, entrenched in a set of claims, was drawn broadly from a study of the economic history of such shocks and their effect on global income inequality. These claims seem to validate through empirical evidence provided by Nobel Laureate Angus Deaton in his recent paper Covid-19 and Global Income Inequality.