Is Extreme Poverty Going to End? An Analytical Framework to Evaluate Progress in Ending Extreme Poverty

The World Bank has recently adopted a target of reducing the proportion of population living below US$1.25 a day at 2005 international prices to 3 percent by 2030. This paper reviews different projection methods and estimates the global poverty rat...

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Main Authors: Yoshida, Nobuo, Uematsu, Hiroki, Sobrado, Carlos E.
Format: Policy Research Working Paper
Language:English
en_US
Published: World Bank, Washington, DC 2014
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2014/01/18756975/extreme-poverty-going-end-analytical-framework-evaluate-progress-ending-extreme-poverty
http://hdl.handle.net/10986/16811
id okr-10986-16811
recordtype oai_dc
spelling okr-10986-168112021-04-23T14:03:33Z Is Extreme Poverty Going to End? An Analytical Framework to Evaluate Progress in Ending Extreme Poverty Yoshida, Nobuo Uematsu, Hiroki Sobrado, Carlos E. AGGREGATION BIAS ANNUAL GROWTH ANNUAL GROWTH RATE ANNUAL RATE AVERAGE ANNUAL AVERAGE GROWTH AVERAGE GROWTH RATE AVERAGE INEQUALITY CONSUMPTION GROWTH CONSUMPTION PER CAPITA COUNTRY INEQUALITY COUNTRY LEVEL COUNTRY SPECIFIC CROSS-COUNTRY REGRESSION DATA AVAILABILITY DECOMPOSITION ANALYSIS DEVELOPED COUNTRIES DEVELOPED WORLD DEVELOPING COUNTRIES DEVELOPING COUNTRY DEVELOPING WORLD DEVELOPMENT ECONOMICS DEVELOPMENT GOALS DEVELOPMENT INDICATORS DEVELOPMENT POLICY DEVELOPMENT RESEARCH DISTRIBUTIONAL CHANGES ECONOMIC CRISES ECONOMIC GROWTH ECONOMICS EMPIRICAL ANALYSIS EMPIRICAL STUDIES ESTIMATES OF POVERTY EXTREME POVERTY GLOBAL LEVEL GLOBAL POVERTY GROWTH ELASTICITY GROWTH RATE GROWTH RATES GROWTH TARGET HIGH GROWTH HIGH GROWTH RATE HIGH POVERTY HOUSEHOLD SURVEY HOUSEHOLD SURVEYS INCOME INCOME DISTRIBUTION INCREASING GROWTH INCREASING INEQUALITY INEQUALITY INEQUALITY CHANGES INEQUALITY CONSTANT INEQUALITY EFFECT INEQUALITY WILL MEAN EXPENDITURES NATIONAL ACCOUNTS NATURAL DISASTER NATURAL DISASTERS NUTRITION POLICY DISCUSSIONS POLICY MAKERS POLICY RESEARCH POOR POOR COUNTRIES POOR INDIVIDUALS POOR PEOPLE POOR POPULATIONS POPULATION COMPOSITION POPULATION DATA POPULATION SHARE POVERTY DATA POVERTY DATABASE POVERTY ESTIMATES POVERTY HEADCOUNT POVERTY HEADCOUNT RATE POVERTY HEADCOUNT RATES POVERTY INDICATORS POVERTY LINE POVERTY LINES POVERTY MEASUREMENT POVERTY MEASURES POVERTY RATE POVERTY RATES POVERTY REDUCTION POVERTY TARGET PRIVATE CONSUMPTION REDUCED INEQUALITY REDUCING INEQUALITY REDUCING POVERTY REGIONAL AVERAGE REGIONAL DECOMPOSITIONS REGIONAL POPULATION REGIONAL POPULATION GROWTH REGIONAL POPULATION GROWTH RATES REGIONAL POVERTY REGRESSION ANALYSIS RELATIVE DISTRIBUTION RURAL RURAL AREAS RURAL POVERTY RURAL POVERTY RATES RURAL URBAN NATIONAL SENSITIVITY ANALYSIS SIGNIFICANT EFFECT SIGNIFICANT IMPACT SIGNIFICANT REDUCTION URBAN AREAS The World Bank has recently adopted a target of reducing the proportion of population living below US$1.25 a day at 2005 international prices to 3 percent by 2030. This paper reviews different projection methods and estimates the global poverty rate of 2030 modifying Ravallion (2013)'s approach in that it introduces country-specific economic and population growth rates and takes into account the effect of changes in within-country inequality. This paper then identifies key obstacles to meeting the target and proposes a simple intermediate growth target under which the global poverty rate can be reduced to 3 percent by 2030. The findings of the analysis lend support to Basu (2013)'s argument that accelerating growth is not enough and sharing prosperity within and across countries is essential to end extreme poverty in one generation. 2014-02-03T20:08:47Z 2014-02-03T20:08:47Z 2014-01 http://documents.worldbank.org/curated/en/2014/01/18756975/extreme-poverty-going-end-analytical-framework-evaluate-progress-ending-extreme-poverty http://hdl.handle.net/10986/16811 English en_US Policy Research Working Paper;No. 6740 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank World Bank, Washington, DC Publications & Research :: Policy Research Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
en_US
topic AGGREGATION BIAS
ANNUAL GROWTH
ANNUAL GROWTH RATE
ANNUAL RATE
AVERAGE ANNUAL
AVERAGE GROWTH
AVERAGE GROWTH RATE
AVERAGE INEQUALITY
CONSUMPTION GROWTH
CONSUMPTION PER CAPITA
COUNTRY INEQUALITY
COUNTRY LEVEL
COUNTRY SPECIFIC
CROSS-COUNTRY REGRESSION
DATA AVAILABILITY
DECOMPOSITION ANALYSIS
DEVELOPED COUNTRIES
DEVELOPED WORLD
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING WORLD
DEVELOPMENT ECONOMICS
DEVELOPMENT GOALS
DEVELOPMENT INDICATORS
DEVELOPMENT POLICY
DEVELOPMENT RESEARCH
DISTRIBUTIONAL CHANGES
ECONOMIC CRISES
ECONOMIC GROWTH
ECONOMICS
EMPIRICAL ANALYSIS
EMPIRICAL STUDIES
ESTIMATES OF POVERTY
EXTREME POVERTY
GLOBAL LEVEL
GLOBAL POVERTY
GROWTH ELASTICITY
GROWTH RATE
GROWTH RATES
GROWTH TARGET
HIGH GROWTH
HIGH GROWTH RATE
HIGH POVERTY
HOUSEHOLD SURVEY
HOUSEHOLD SURVEYS
INCOME
INCOME DISTRIBUTION
INCREASING GROWTH
INCREASING INEQUALITY
INEQUALITY
INEQUALITY CHANGES
INEQUALITY CONSTANT
INEQUALITY EFFECT
INEQUALITY WILL
MEAN EXPENDITURES
NATIONAL ACCOUNTS
NATURAL DISASTER
NATURAL DISASTERS
NUTRITION
POLICY DISCUSSIONS
POLICY MAKERS
POLICY RESEARCH
POOR
POOR COUNTRIES
POOR INDIVIDUALS
POOR PEOPLE
POOR POPULATIONS
POPULATION COMPOSITION
POPULATION DATA
POPULATION SHARE
POVERTY DATA
POVERTY DATABASE
POVERTY ESTIMATES
POVERTY HEADCOUNT
POVERTY HEADCOUNT RATE
POVERTY HEADCOUNT RATES
POVERTY INDICATORS
POVERTY LINE
POVERTY LINES
POVERTY MEASUREMENT
POVERTY MEASURES
POVERTY RATE
POVERTY RATES
POVERTY REDUCTION
POVERTY TARGET
PRIVATE CONSUMPTION
REDUCED INEQUALITY
REDUCING INEQUALITY
REDUCING POVERTY
REGIONAL AVERAGE
REGIONAL DECOMPOSITIONS
REGIONAL POPULATION
REGIONAL POPULATION GROWTH
REGIONAL POPULATION GROWTH RATES
REGIONAL POVERTY
REGRESSION ANALYSIS
RELATIVE DISTRIBUTION
RURAL
RURAL AREAS
RURAL POVERTY
RURAL POVERTY RATES
RURAL URBAN NATIONAL
SENSITIVITY ANALYSIS
SIGNIFICANT EFFECT
SIGNIFICANT IMPACT
SIGNIFICANT REDUCTION
URBAN AREAS
spellingShingle AGGREGATION BIAS
ANNUAL GROWTH
ANNUAL GROWTH RATE
ANNUAL RATE
AVERAGE ANNUAL
AVERAGE GROWTH
AVERAGE GROWTH RATE
AVERAGE INEQUALITY
CONSUMPTION GROWTH
CONSUMPTION PER CAPITA
COUNTRY INEQUALITY
COUNTRY LEVEL
COUNTRY SPECIFIC
CROSS-COUNTRY REGRESSION
DATA AVAILABILITY
DECOMPOSITION ANALYSIS
DEVELOPED COUNTRIES
DEVELOPED WORLD
DEVELOPING COUNTRIES
DEVELOPING COUNTRY
DEVELOPING WORLD
DEVELOPMENT ECONOMICS
DEVELOPMENT GOALS
DEVELOPMENT INDICATORS
DEVELOPMENT POLICY
DEVELOPMENT RESEARCH
DISTRIBUTIONAL CHANGES
ECONOMIC CRISES
ECONOMIC GROWTH
ECONOMICS
EMPIRICAL ANALYSIS
EMPIRICAL STUDIES
ESTIMATES OF POVERTY
EXTREME POVERTY
GLOBAL LEVEL
GLOBAL POVERTY
GROWTH ELASTICITY
GROWTH RATE
GROWTH RATES
GROWTH TARGET
HIGH GROWTH
HIGH GROWTH RATE
HIGH POVERTY
HOUSEHOLD SURVEY
HOUSEHOLD SURVEYS
INCOME
INCOME DISTRIBUTION
INCREASING GROWTH
INCREASING INEQUALITY
INEQUALITY
INEQUALITY CHANGES
INEQUALITY CONSTANT
INEQUALITY EFFECT
INEQUALITY WILL
MEAN EXPENDITURES
NATIONAL ACCOUNTS
NATURAL DISASTER
NATURAL DISASTERS
NUTRITION
POLICY DISCUSSIONS
POLICY MAKERS
POLICY RESEARCH
POOR
POOR COUNTRIES
POOR INDIVIDUALS
POOR PEOPLE
POOR POPULATIONS
POPULATION COMPOSITION
POPULATION DATA
POPULATION SHARE
POVERTY DATA
POVERTY DATABASE
POVERTY ESTIMATES
POVERTY HEADCOUNT
POVERTY HEADCOUNT RATE
POVERTY HEADCOUNT RATES
POVERTY INDICATORS
POVERTY LINE
POVERTY LINES
POVERTY MEASUREMENT
POVERTY MEASURES
POVERTY RATE
POVERTY RATES
POVERTY REDUCTION
POVERTY TARGET
PRIVATE CONSUMPTION
REDUCED INEQUALITY
REDUCING INEQUALITY
REDUCING POVERTY
REGIONAL AVERAGE
REGIONAL DECOMPOSITIONS
REGIONAL POPULATION
REGIONAL POPULATION GROWTH
REGIONAL POPULATION GROWTH RATES
REGIONAL POVERTY
REGRESSION ANALYSIS
RELATIVE DISTRIBUTION
RURAL
RURAL AREAS
RURAL POVERTY
RURAL POVERTY RATES
RURAL URBAN NATIONAL
SENSITIVITY ANALYSIS
SIGNIFICANT EFFECT
SIGNIFICANT IMPACT
SIGNIFICANT REDUCTION
URBAN AREAS
Yoshida, Nobuo
Uematsu, Hiroki
Sobrado, Carlos E.
Is Extreme Poverty Going to End? An Analytical Framework to Evaluate Progress in Ending Extreme Poverty
relation Policy Research Working Paper;No. 6740
description The World Bank has recently adopted a target of reducing the proportion of population living below US$1.25 a day at 2005 international prices to 3 percent by 2030. This paper reviews different projection methods and estimates the global poverty rate of 2030 modifying Ravallion (2013)'s approach in that it introduces country-specific economic and population growth rates and takes into account the effect of changes in within-country inequality. This paper then identifies key obstacles to meeting the target and proposes a simple intermediate growth target under which the global poverty rate can be reduced to 3 percent by 2030. The findings of the analysis lend support to Basu (2013)'s argument that accelerating growth is not enough and sharing prosperity within and across countries is essential to end extreme poverty in one generation.
format Publications & Research :: Policy Research Working Paper
author Yoshida, Nobuo
Uematsu, Hiroki
Sobrado, Carlos E.
author_facet Yoshida, Nobuo
Uematsu, Hiroki
Sobrado, Carlos E.
author_sort Yoshida, Nobuo
title Is Extreme Poverty Going to End? An Analytical Framework to Evaluate Progress in Ending Extreme Poverty
title_short Is Extreme Poverty Going to End? An Analytical Framework to Evaluate Progress in Ending Extreme Poverty
title_full Is Extreme Poverty Going to End? An Analytical Framework to Evaluate Progress in Ending Extreme Poverty
title_fullStr Is Extreme Poverty Going to End? An Analytical Framework to Evaluate Progress in Ending Extreme Poverty
title_full_unstemmed Is Extreme Poverty Going to End? An Analytical Framework to Evaluate Progress in Ending Extreme Poverty
title_sort is extreme poverty going to end? an analytical framework to evaluate progress in ending extreme poverty
publisher World Bank, Washington, DC
publishDate 2014
url http://documents.worldbank.org/curated/en/2014/01/18756975/extreme-poverty-going-end-analytical-framework-evaluate-progress-ending-extreme-poverty
http://hdl.handle.net/10986/16811
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