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Inequality & Poverty

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Commission on Global Poverty: Share Your Ideas on Measuring Extreme Poverty

In 2013, the World Bank Group announced two goals that would guide its development work worldwide. The first is the eradication of chronic extreme poverty. More formally, it is the target of bringing the number of extremely poor people, defined as those living on less than 1.25 ppp-adjusted dollars a day, to less than 3% of the world population by 2030. The second is the boosting of shared prosperity, defined as promoting the growth of per capita real income of the poorest 40% of the population in each country.

Monday, October 5, 2015 - 10:30 to Monday, November 30, 2015 - 10:30

The World Bank has dramatically revised its definition of poverty for the first time in 25 years, the Financial Times reports. Anyone earning less than $1.90 a day will be classified as poor, which will greatly increase the number living in poverty.

Even nearly ten years of solid growth cannot guarantee long-term income convergence.

The Sistema Integrado de Transporte Público de Bogotá is a comprehensive urban mobility plan for the city of Bogotá, Colombia. It addresses current problems and proposes future solutions.

In 2000, a quarter of the region (25 in every 100 Latin Americans) lived on less than $2.50 a day. Today, fewer than 14 in every 100 do.

Low-income Latin Americans hold more positive views about the role of hard work and the presence of equal opportunity than the U.S. poor.


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