Poverty and Shared Prosperity 2018 : Piecing Together the Poverty Puzzle

The World Bank Group has two overarching goals: End extreme poverty by 2030 and promote shared prosperity by boosting the incomes of the bottom 40 percent of the population in each economy. As this year’s Poverty and Shared Prosperity report documents, the world continues to make progress toward...

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Main Author: World Bank
Format: Book
Language:English
Published: Washington, DC: World Bank 2018
Subjects:
Online Access:https://documents.worldbank.org/en/publication/documents-reports/documentdetail/104451542202552048/poverty-and-shared-prosperity-2018-piecing-together-the-poverty-puzzle
http://hdl.handle.net/10986/30418
id okr-10986-30418
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spelling okr-10986-304182021-04-23T14:04:57Z Poverty and Shared Prosperity 2018 : Piecing Together the Poverty Puzzle World Bank POVERTY MEASUREMENT POVERTY RATE POVERTY REDUCTION SHARED PROSPERITY INCLUSIVE GROWTH DEPRIVATION INEQUALITY GENDER EXTREME POVERTY POVERTY LINE MULTIDIMENSIONAL POVERTY POVERTY INDEX POOR CHILDREN POOR WOMEN INTRAHOUSEHOLD RESOURCE SHARE The World Bank Group has two overarching goals: End extreme poverty by 2030 and promote shared prosperity by boosting the incomes of the bottom 40 percent of the population in each economy. As this year’s Poverty and Shared Prosperity report documents, the world continues to make progress toward these goals. In 2015, approximately one-tenth of the world’s population lived in extreme poverty, and the incomes of the bottom 40 percent rose in 77 percent of economies studied. But success cannot be taken for granted. Poverty remains high in Sub- Saharan Africa, as well as in fragile and conflict-affected states. At the same time, most of the world’s poor now live in middle-income countries, which tend to have higher national poverty lines. This year’s report tracks poverty comparisons at two higher poverty thresholds—$3.20 and $5.50 per day—which are typical of standards in lower- and upper-middle-income countries. In addition, the report introduces a societal poverty line based on each economy’s median income or consumption. Poverty and Shared Prosperity 2018: Piecing Together the Poverty Puzzle also recognizes that poverty is not only about income and consumption—and it introduces a multidimensional poverty measure that adds other factors, such as access to education, electricity, drinking water, and sanitation. It also explores how inequality within households could affect the global profile of the poor. All these additional pieces enrich our understanding of the poverty puzzle, bringing us closer to solving it. For more information, please visit worldbank.org/PSP 2018-09-13T20:40:48Z 2018-09-13T20:40:48Z 2018-10-17 Book https://documents.worldbank.org/en/publication/documents-reports/documentdetail/104451542202552048/poverty-and-shared-prosperity-2018-piecing-together-the-poverty-puzzle 978-1-4648-1330-6 http://hdl.handle.net/10986/30418 English CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank Washington, DC: World Bank Publications & Research Publications & Research :: Publication
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic POVERTY MEASUREMENT
POVERTY RATE
POVERTY REDUCTION
SHARED PROSPERITY
INCLUSIVE GROWTH
DEPRIVATION
INEQUALITY
GENDER
EXTREME POVERTY
POVERTY LINE
MULTIDIMENSIONAL POVERTY
POVERTY INDEX
POOR CHILDREN
POOR WOMEN
INTRAHOUSEHOLD RESOURCE SHARE
spellingShingle POVERTY MEASUREMENT
POVERTY RATE
POVERTY REDUCTION
SHARED PROSPERITY
INCLUSIVE GROWTH
DEPRIVATION
INEQUALITY
GENDER
EXTREME POVERTY
POVERTY LINE
MULTIDIMENSIONAL POVERTY
POVERTY INDEX
POOR CHILDREN
POOR WOMEN
INTRAHOUSEHOLD RESOURCE SHARE
World Bank
Poverty and Shared Prosperity 2018 : Piecing Together the Poverty Puzzle
description The World Bank Group has two overarching goals: End extreme poverty by 2030 and promote shared prosperity by boosting the incomes of the bottom 40 percent of the population in each economy. As this year’s Poverty and Shared Prosperity report documents, the world continues to make progress toward these goals. In 2015, approximately one-tenth of the world’s population lived in extreme poverty, and the incomes of the bottom 40 percent rose in 77 percent of economies studied. But success cannot be taken for granted. Poverty remains high in Sub- Saharan Africa, as well as in fragile and conflict-affected states. At the same time, most of the world’s poor now live in middle-income countries, which tend to have higher national poverty lines. This year’s report tracks poverty comparisons at two higher poverty thresholds—$3.20 and $5.50 per day—which are typical of standards in lower- and upper-middle-income countries. In addition, the report introduces a societal poverty line based on each economy’s median income or consumption. Poverty and Shared Prosperity 2018: Piecing Together the Poverty Puzzle also recognizes that poverty is not only about income and consumption—and it introduces a multidimensional poverty measure that adds other factors, such as access to education, electricity, drinking water, and sanitation. It also explores how inequality within households could affect the global profile of the poor. All these additional pieces enrich our understanding of the poverty puzzle, bringing us closer to solving it. For more information, please visit worldbank.org/PSP
format Book
author World Bank
author_facet World Bank
author_sort World Bank
title Poverty and Shared Prosperity 2018 : Piecing Together the Poverty Puzzle
title_short Poverty and Shared Prosperity 2018 : Piecing Together the Poverty Puzzle
title_full Poverty and Shared Prosperity 2018 : Piecing Together the Poverty Puzzle
title_fullStr Poverty and Shared Prosperity 2018 : Piecing Together the Poverty Puzzle
title_full_unstemmed Poverty and Shared Prosperity 2018 : Piecing Together the Poverty Puzzle
title_sort poverty and shared prosperity 2018 : piecing together the poverty puzzle
publisher Washington, DC: World Bank
publishDate 2018
url https://documents.worldbank.org/en/publication/documents-reports/documentdetail/104451542202552048/poverty-and-shared-prosperity-2018-piecing-together-the-poverty-puzzle
http://hdl.handle.net/10986/30418
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