Ending Extreme Poverty and Sharing Prosperity
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World Bank, Washington, DC
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With 2015 marking the transition from
the Millennium to the Sustainable Development Goals, the
international community can celebrate many development
successes since 2000. Three key challenges stand out: the
depth of remaining poverty, the unevenness in shared
prosperity, and the persistent disparities in non-income
dimensions of development. First, the policy discourse needs
to focus more directly on the poorest among the poor. While
pockets of ultra-poverty exist around the world, Sub-Saharan
Africa is home to most of the deeply poor. To make depth a
more central element in policy formulation,
easy-to-communicate measures are needed, and this note
attempts a step in this direction with person-equivalent
measures of poverty. Second, the eradication of poverty in
all of its forms requires steady growth of the incomes of
the bottom 40 percent. Yet, economic growth, a key driver of
shared prosperity, may not be as buoyant as before the
global financial crisis. Third, unequal progress in
non-income dimensions of development requires addressing
widespread inequality of opportunity, which transmits
poverty across generations and erodes the pace and
sustainability of progress for the bottom 40. To meet these
challenges, three ingredients are core to the policy agenda:
sustaining broad-based growth, investing in human
development, and insuring the poor and vulnerable against
emerging risks.
Palabras clave
SANITATION, POVERTY THRESHOLD, RISKS, HOUSEHOLD SURVEY, CONSUMPTION EXPENDITURES, POVERTY LINE, LAND REFORM, ECONOMIC GROWTH, POVERTY LEVELS, INCOME POVERTY, INCOME, POVERTY INDICES, POVERTY RATES, POVERTY ESTIMATES, EQUITABLE ACCESS, EMPLOYMENT OPPORTUNITIES, HIGH POPULATION DENSITY, COUNTERFACTUAL, INCOME” POVERTY, HEALTH INSURANCE, ECONOMIC DIVERSIFICATION, POLITICAL ECONOMY, DEATH, RURAL LIVELIHOODS, NATIONAL POVERTY, POOR PEOPLE, EXTREME POVERTY LINE, POVERTY GAP INDEX, INCOME GAP, TEMPORARY UNEMPLOYMENT, INCOME SUPPORT, INTERNATIONAL POVERTY LINES, GLOBAL POVERTY, SOCIAL PROGRAMS, SOCIAL ASSISTANCE, RURAL POOR, LABOR MARKET POLICIES, CONFLICT, AGRICULTURAL OUTPUT, MEASURES, POVERTY MEASURES, NATIONAL POVERTY LINES, HUMAN CAPITAL LEVELS, SAFETY NETS, POVERTY REDUCTION, MACROECONOMIC STABILITY, AGRICULTURAL PRODUCTIVITY GROWTH, SAVINGS, POVERTY GAP, AGRICULTURAL TECHNOLOGY, INCOME GROWTH, FOOD PRICE, INCOME INEQUALITY, FOOD PRICE POLICIES, POVERTY INCIDENCE, TRANSFERS, INTERNATIONAL POVERTY LINE, POOR AREAS, HOUSEHOLD INCOME, POOR HEALTH, LAND DEGRADATION, AGRICULTURAL PRICES, HOUSEHOLD SURVEYS, EMPLOYMENT INCOME, ANTI-POVERTY, GLOBAL POVERTY TARGET, ECONOMIC POLICIES, SOCIAL INSURANCE PROGRAMS, FARMERS, POVERTY FOCUS, FAMINE, POVERTY HEADCOUNT RATE, CASH TRANSFERS, POOR INFRASTRUCTURE, ADMINISTRATIVE COSTS, FOOD ITEMS, RURAL GAP, UNEMPLOYMENT, RURAL POVERTY LINE, RURAL FINANCE, POVERTY LINES, POVERTY DATA, HUMAN CAPITAL, POVERTY ERADICATION, POVERTY INDEX, CLIMATE CHANGE, POVERTY MEASUREMENT, MARKET FAILURES, POOR COUNTRIES, RURAL POVERTY, INCOME DISTRIBUTION, ABSOLUTE POVERTY, AGRICULTURAL SECTOR, IMPACT OF SHOCKS, RURAL POVERTY LINES, MALNUTRITION, RURAL, NUTRITION, ACCESS TO MARKETS, HOUSEHOLD CHORES, POVERTY TARGET, IDIOSYNCRATIC SHOCKS, SOCIAL POLICIES, CHILD MORTALITY, INSURANCE, ANTI-POVERTY POLICY, TARGETING, CLIMATIC CHANGE, INCOME DYNAMICS, DRINKING WATER, REDISTRIBUTIVE POLICIES, EXTREME POVERTY, INCOME SHARES, SMALLHOLDER FARMING, RURAL AREAS, POVERTY REDUCTION EFFORTS, POVERTY, CLEAN WATER, POOR POPULATIONS, PUBLIC UNEMPLOYMENT, INCIDENCE OF POVERTY, HOUSEHOLD CONSUMPTION, POOR LIVING, RURAL ELECTRIFICATION, POVERTY UPDATE, AGRICULTURAL PRODUCTIVITY, HOUSEHOLD WELFARE, POOR, POVERTY ASSESSMENT, REPEATED SHOCKS, EXTREME” POVERTY, PUBLIC SPENDING, POVERTY ACROSS COUNTRIES, POVERTY ASSESSMENTS, POVERTY ALLEVIATION, POVERTY ANALYSIS, HUMAN DEVELOPMENT, INEQUALITY, POOR HOUSEHOLDS, POOR PERSON