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The State of the Poor: Where Are The Poor, Where Is Extreme Poverty Harder to End, and What Is the Current Profile of the World’s Poor?

Author

Listed:
  • Olinto, Pedro

    (World Bank)

  • Beegle, Kathleen

    (World Bank)

  • Sobrado, Carlos

    (World Bank)

  • Uematsu, Hiroki

    (World Bank)

Abstract

Although the world witnessed an unprecedented pace of poverty reduction over the last decades, reducing the number of people living in extreme poverty by more than 700 million, approximately 1.2 billion people remained entrenched in destitution in 2010. In order to leverage developing country efforts and galvanize the international development community to exert concerted effort to end extreme poverty, the World Bank has established the twin goals of ending extreme poverty by 2030 and promoting shared prosperity by fostering income growth of the bottom 40 percent of the population in every country. Ending extreme poverty in just one generation is a formidable challenge by all accounts that requires a thorough understanding of the state of the poor.

Suggested Citation

  • Olinto, Pedro & Beegle, Kathleen & Sobrado, Carlos & Uematsu, Hiroki, 2013. "The State of the Poor: Where Are The Poor, Where Is Extreme Poverty Harder to End, and What Is the Current Profile of the World’s Poor?," World Bank - Economic Premise, The World Bank, issue 125, pages 1-8, October.
    • Handle: RePEc:wbk:prmecp:ep125
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    References listed on IDEAS

    as
    1. Shaohua Chen & Martin Ravallion, 2010. "The Developing World is Poorer than We Thought, But No Less Successful in the Fight Against Poverty," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 125(4), pages 1577-1625.
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    More about this item

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • O2 - Economic Development, Innovation, Technological Change, and Growth - - Development Planning and Policy

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