Rich and Poor

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World Bank, Washington, DC

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Jim Yong Kim, President of the World Bank Group, spoke about how before 1800 everybody was poor and lived in poverty. He referred to the young people now who may not own a smart phone, but who have access to smart phones. By 2025, as many analysts are saying, the entire world will have access to broadband. He examined three ways to end extreme poverty, that is, people living under 1.90 US dollars a day, by 2030. First, focus on inclusive, sustainable economic growth. Second, focus on fostering resilience to pandemics, climate change, refugees, fragility, conflict, and violence. Third, invest more and more effectively in people.

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FRAGILITY, CONFLICT AND VIOLENCE, HUMAN CAPITAL, INTERNET ACCESS, POVERTY REDUCTION, EXTREME POVERTY, SHARED PROSPERITY, BROADBAND, HEALTH SERVICES, INCLUSIVE GROWTH, RESILIENCE, CLIMATE CHANGE, CAPITAL FLOWS, OFFICIAL DEVELOPMENT ASSISTANCE, FAMINE, INSURANCE, PRIVATE INVESTMENT, EARLY CHILD EDUCATION, STUNTING, BUSINESS ENVIRONMENT

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