The COVID-19 pandemic hit developing regions such as Africa, Asia, and Latin America. Suddenly, there was a rapid increase in infections and weak health systems; food insecurity became a significant issue, as well as business disruption and gender-based violence. However, governments have started responding to these problems by striving to reduce the persistence of social and economic inequalities, conflicts, and the impacts of climatic changes and environmental fragility. The regions have developed coping strategies to solve the challenges, and the governments in the area have adopted green revolution technologies to increase food security. Most poor farmers have gained access to chemical fertilizers and pesticides. Also, the incorporation of heavy machinery in cereal production has significantly impacted food security.
Since COVID-19, the economic stability of many countries has been crippled. In places like Africa, already facing deficits in the quality of medical services, the governments strive to recover the health systems by accepting donations, loans, and grants from developed countries such as the US and UK. International financial bodies such as the World Bank, IMF, and others. Solving business disruption is encouraging an entrepreneurial culture in these regions. Also, the government should involve the youth in employment to avoid gender-based violence and drug abuse in poor communities. Poverty appears to be the main issue in developing countries; therefore, creating jobs improves the standards of living of the people, thus eliminating 3rd world countries’ problems.
Developing nations can overcome poverty by implementing sound economic and social policies, using resources creatively and efficiently, investing in technological advancement, practicing good governance, and having visionary leaders who have the political will to put the needs of the poor first. According to Sachs, these components are essential to providing the basic necessities for a life of dignity and health as well as for economic production, including roads, schools, clinics, electricity, soil nutrients, and clean drinking water.