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Where Will the World’s Poor Live? An Update on Global Poverty and the New Bottom Billion

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  • Andy Sumner
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    Abstract

    This paper updates the distribution of global poverty data and makes projections up to 2020. The paper asks the following question: Do the world’s extreme poor live in poor countries? It is argued that many of the world’s extreme poor already live in countries where the total cost of ending extreme poverty is not prohibitively high as a percentage of GDP. And in the not-too-distant future, most of the world’s poor will live in countries that do have the domestic financial scope to end at least extreme poverty. This would imply a reframing of global poverty as largely a matter of domestic distribution.

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    File URL: http://www.cgdev.org/files/1426481_file_Sumner_where_in_the_world_FINAL.pdf
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    Bibliographic Info

    Paper provided by Center for Global Development in its series Working Papers with number 305.

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    Length: 33 pages
    Date of creation: Sep 2012
    Date of revision:
    Handle: RePEc:cgd:wpaper:305

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    Web page: http://www.cgdev.org

    Related research

    Keywords: poverty; inequality; distribution; low-income countries; middle-income countries;

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    17. Ravallion, Martin, 2001. "Growth, Inequality and Poverty: Looking Beyond Averages," World Development, Elsevier, vol. 29(11), pages 1803-1815, November.
    18. Frank-Oliver Aldenhoff, 2007. "Are economic forecasts of the International Monetary Fund politically biased? A public choice analysis," The Review of International Organizations, Springer, Springer, vol. 2(3), pages 239-260, September.
    19. Sabina Alkire, 2011. "Multidimensional Poverty and its Discontents," OPHI Working Papers ophiwp046, Queen Elizabeth House, University of Oxford.
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