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A Measured Approach to Ending Poverty and Boosting Shared Prosperity : Concepts, Data, and the Twin Goals

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Abstract

In 2013, the World Bank Group adopted two new goals to guide its work: ending extreme poverty and boosting shared prosperity. More specifically, the goals are to reduce extreme poverty in the world to less than 3 percent by 2030, and to foster income growth of the bottom 40 percent of the population in each country. While poverty reduction has been a mainstay of the World Bank’s mission for decades, the Bank has now set a specific goal and timetable, and for the first time, the Bank has explicitly included a goal linked to ensuring that growth is shared by all. The discussion until now has centered primarily on articulating the new goals. This report, the latest in World Bank’s Policy Research Report series, goes beyond that and lays out their conceptual underpinnings, discusses their relative strengths and weaknesses by contrasting them with alternative indicators, and proposes empirical approaches and requirements to track progress towards the goals. The report makes clear that the challenges posed by the World Bank Group’s new stance extend not just to the pursuit of these goals but, indeed, to their very definition and empirical content. The report also argues that an improved data infrastructure, consisting of many elements including the collection of more and better survey data, is critical to ensure that progress towards these goals can be measured, and policies to help achieve them can be identified and prioritized.

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  • World Bank Group, 2015. "A Measured Approach to Ending Poverty and Boosting Shared Prosperity : Concepts, Data, and the Twin Goals," World Bank Publications - Books, The World Bank Group, number 20384, December.
  • Handle: RePEc:wbk:wbpubs:20384
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    Cited by:

    1. Burchi, Francesco & Malerba, Daniele & Rippin, Nicole & Montenegro, Claudio E., 2019. "Comparing global trends in multidimensional and income poverty and assessing horizontal inequalities," Discussion Papers 2/2019, German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE).
    2. Dang, Hai-Anh H. & Serajuddin, Umar, 2020. "Tracking the sustainable development goals: Emerging measurement challenges and further reflections," World Development, Elsevier, vol. 127(C).
    3. Francisco H. G. Ferreira & Shaohua Chen & Andrew Dabalen & Yuri Dikhanov & Nada Hamadeh & Dean Jolliffe & Ambar Narayan & Espen Beer Prydz & Ana Revenga & Prem Sangraula & Umar Serajuddin & Nobuo Yosh, 2016. "A global count of the extreme poor in 2012: data issues, methodology and initial results," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 14(2), pages 141-172, June.
    4. Jolliffe,Dean Mitchell & Serajuddin,Umar & Jolliffe,Dean Mitchell & Serajuddin,Umar, 2015. "Estimating poverty with panel data, comparably : an example from Jordan," Policy Research Working Paper Series 7373, The World Bank.
    5. Mark Brooks & Rattiya S. Lippe & Hermann Waibel, 2020. "Comprehensive data quality studies as a component of poverty assessments," TVSEP Working Papers wp-019, Leibniz Universitaet Hannover, Institute of Development and Agricultural Economics, Project TVSEP.
    6. Hai‐Anh Dang & Dean Jolliffe & Calogero Carletto, 2019. "Data Gaps, Data Incomparability, And Data Imputation: A Review Of Poverty Measurement Methods For Data‐Scarce Environments," Journal of Economic Surveys, Wiley Blackwell, vol. 33(3), pages 757-797, July.
    7. Jahanshahi, Kaveh & Jin, Ying & Williams, Ian, 2015. "Direct and indirect influences on employed adults’ travel in the UK: New insights from the National Travel Survey data 2002–2010," Transportation Research Part A: Policy and Practice, Elsevier, vol. 80(C), pages 288-306.
    8. John Gibson, 2016. "Poverty Measurement: We Know Less than Policy Makers Realize," Asia and the Pacific Policy Studies, Wiley Blackwell, vol. 3(3), pages 430-442, September.
    9. Zezza, Alberto & Carletto, Calogero & Fiedler, John L. & Gennari, Pietro & Jolliffe, Dean, 2017. "Food counts. Measuring food consumption and expenditures in household consumption and expenditure surveys (HCES). Introduction to the special issue," Food Policy, Elsevier, vol. 72(C), pages 1-6.
    10. Dean Jolliffe & Espen Beer Prydz, 2016. "Estimating international poverty lines from comparable national thresholds," The Journal of Economic Inequality, Springer;Society for the Study of Economic Inequality, vol. 14(2), pages 185-198, June.
    11. Hai-Anh H. Dang & Peter F. Lanjouw, 2016. "Toward a New Definition of Shared Prosperity: A Dynamic Perspective from Three Countries," International Economic Association Series, in: Kaushik Basu & Joseph E. Stiglitz (ed.), Inequality and Growth: Patterns and Policy, chapter 5, pages 151-171, Palgrave Macmillan.
    12. Dang, Hai-Anh & Abanokova, Kseniya & Lokshin, Michael, 2020. "Life Satisfaction, Subjective Wealth, and Adaptation to Vulnerability in the Russian Federation during 2002-2017," IZA Discussion Papers 13058, Institute of Labor Economics (IZA).
    13. Dang,Hai-Anh H., 2018. "To impute or not to impute ? a review of alternative poverty estimation methods in the context of unavailable consumption data," Policy Research Working Paper Series 8403, The World Bank.
    14. Zezza, Alberto & Carletto, Gero & Fiedler, John L & Gennari, Pietro & Jolliffe, Dean M, 2017. "Food Counts. Measuring Food Consumption And Expenditures In Household Consumption And Expenditure Surveys (HCES)," 2017 International Congress, August 28-September 1, 2017, Parma, Italy 260886, European Association of Agricultural Economists.

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