2
Nov
Income security during public health emergencies: the COVID-19 poverty trap in Vietnam
2 November, 2020
► The COVID-19 poverty trap is shaped by barriers to accessing prevention, vulnerability to economic dis- ruption and financial uncertainties, and incurrence of catastrophic costs as people try to cope with the outbreak.
► To ensure socioeconomic stability and confidence during public health crises and in the long run, social protection schemes (e.g. social insurance, microfi- nancing) must be in place to help people cope with the loss of income security and reduced confidence in society.
