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For a very long period of time “Gareebi Hatao” was a mere political slogan but did not translate into much, except for political dividends for the parties that used such empty slogans. In fact even...
The World Bank’s societal poverty estimates can now be readily accessed from the Poverty and Inequality Platform (PIP).
As we marked World Poverty Day on October 17th, a blog published recently by World Bank staff highlights that poverty has finally receded to pre-COVID pandemic levels, which in essence means we have lost three years in the global fight against poverty. The recent World Bank blog is based on a meticulous analysis of survey data in the World Bank’s Poverty and Inequality Platform (PIP). This interactive web-based tool offers users quick access to data on poverty trends from a database comprising 2,200 household surveys from over 160 economics across the world, up from the 36 countries in...
When analyzing poverty, only looking at unemployment rates will be insufficient and misleading.
There is a disconcerting trend among many countries where economic growth has not effectively translated into poverty reduction, while perpetuating its detrimental effects on the environment. Despite experiencing economic growth post-2020, a third of 160 countries analysed witnessed a surge in extreme poverty.