Javier Escobal: “If inflation had been controlled, we would have a poverty rate two points lower than the current one”
“Almost 600,000 more people would not have become poor as a result of this shock. […] These are people who, as a result of the price shock, have become poor. If inflation had been controlled, we would have a poverty rate that would be 2 points lower than the current one”.
Javier Escobal, Senior Researcher at GRADE, shared his opinion on the impact of the price shock caused by the pandemic in Peru, during a round table held by El Comercio and APOYO Consultoría.
You can watch the full panel here.