Boys walk past shuttered businesses in the township of Khayelitsha, Cape Town, South Africa, during the country’s coronavirus lockdown. The current recession is the first triggered solely by a pandemic and is characterized by the World Bank as the “deepest in decades.” Lower-income countries are particularly hard-hit.

Boys walk past shuttered businesses in the township of Khayelitsha, Cape Town, South Africa, during the country’s coronavirus lockdown. The current recession is the first triggered solely by a pandemic and is characterized by the World Bank as the “deepest in decades.” Lower-income countries are particularly hard-hit.