logo
OECD Economic Instability
ASSOCIATED PRESS

OECD: Russia war, virus and climate hurting world's poorest

Russia’s war against Ukraine, the lingering coronavirus pandemic and the damage of climate change are putting intense pressure on the world’s poorest, the Organization for Economic Cooperation and Development warns

By PAUL WISEMAN
Published - Sep 19, 2022, 11:26 AM ET
Last Updated - Jun 24, 2023, 09:09 AM EDT

WASHINGTON (AP) — Russia's war against Ukraine, the lingering coronavirus pandemic and the damage of climate change are putting intense pressure on the world's poorest, the Organization for Economic Cooperation and Development warned Monday.

The Paris-based OECD reported that 60 states, territories and locations fell last year into the category of “fragile contexts'' — meaning they were exposed to economic, environmental, social and political risks that they didn't have the capacity to absorb. And that was before Russia invaded Ukraine and intensified their burdens.

Monday's report designated the most places in such dire straits since the OECD began issuing its States of Fragility report in 2015. The 60 account for 24% of the world's population, 73% of those living in extreme poverty, 80% of those who died in conflicts and the vast majority of the world's “hunger hotspots.'' And they are home to 95% of the record 274 million people the United Nations says need humanitarian assistance.

“We are in an era defined by multiple crises, shocks and uncertainty,'' the OECD said.

Our Offices
  • 10kInfo, Inc.
    13555 SE 36th St
    Bellevue, WA 98006
  • 10kInfo Data Solutions, Pvt Ltd.
    Claywork Create
    11 km, Arakere Bannerghatta Rd, Omkar Nagar, Arekere,
    Bengaluru, Karnataka 560076
4.2 12182024