Poverty, Progress, and Population

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Over the course of the last generation more than a billion people left the most destitute living conditions behind. Can we expect this progress to continue over the coming decade?

Progress, Poverty and Population

The world economy is growing. In less than a generation the value of the yearly global economic production has doubled. Increasing productivity around the world meant that many left the worst poverty behind. Just a decade decade ago it was only a quarter. In absolute numbers this meant the number of people who live on more than 10 dollars per day increased by million in just the last 10 years. This expansion of the global middle class went together with progress in reducing global poverty — no matter what poverty line you want to compare it with, the share of the world population below this poverty line declined.

That is a very low poverty line and focusses on what is happening to the very poorest people on the planet. The deadline for achieving this goal is Can we expect to achieve this? All expect some positive development — the number of people in extreme poverty is expected to continue to decline — but all also agree that the world is not on track to end extreme poverty by The chart shows the projection made by the development research team at the World Bank.

'How To End Poverty in 15 years' Hans Rosling - BBC News

This projection answers the question of what would happen to extreme poverty trends if the economic growth of the past decade —15 continued until 5 The number of people in extreme poverty will remain at almost million. This is not because it is not possible to end extreme poverty. In more than half of the countries of the world the share of the population in extreme poverty is now less than 3 percent. In fact, a big success over the last generation was that the world made rapid progress against the very worst poverty. The number of people in extreme poverty has fallen from nearly 1.

This was possible as economic growth reached more and more parts of the world. But after two decades of growth the share in extreme poverty more than halved in all these countries. Poverty was not concentrated in Africa until recently.

In more than a billion of the extremely poor lived in China and India alone. Since then those economies have grown faster than many of the richest countries in the world.

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Now it has shifted to Sub-Saharan Africa. The projections suggest the geographic concentration of extreme poverty is likely to continue. Poverty declined during the last generation because the majority of the poorest people on the planet lived in countries with strong economic growth. Over the course of the last generation more than a billion people left the most destitute living conditions behind.

Can we expect this progress to continue over the coming decade? The world economy is growing.

In less than a generation the value of the yearly global economic production has doubled. Increasing productivity around the world meant that many left the worst poverty behind. Just a decade decade ago it was only a quarter. In absolute numbers this meant the number of people who live on more than 10 dollars per day increased by million in just the last 10 years. This expansion of the global middle class went together with progress in reducing global poverty — no matter what poverty line you want to compare it with, the share of the world population below this poverty line declined.


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That is a very low poverty line and focusses on what is happening to the very poorest people on the planet. The deadline for achieving this goal is Can we expect to achieve this? All expect some positive development — the number of people in extreme poverty is expected to continue to decline — but all also agree that the world is not on track to end extreme poverty by The chart shows the projection made by the development research team at the World Bank. This projection answers the question of what would happen to extreme poverty trends if the economic growth of the past decade —15 continued until 5 The number of people in extreme poverty will remain at almost million.

This is not because it is not possible to end extreme poverty.

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In more than half of the countries of the world the share of the population in extreme poverty is now less than 3 percent. In fact, a big success over the last generation was that the world made rapid progress against the very worst poverty. The number of people in extreme poverty has fallen from nearly 1.

Global Extreme Poverty - Our World in Data

This was possible as economic growth reached more and more parts of the world. But after two decades of growth the share in extreme poverty more than halved in all these countries. Poverty was not concentrated in Africa until recently. In more than a billion of the extremely poor lived in China and India alone. Since then those economies have grown faster than many of the richest countries in the world. Now it has shifted to Sub-Saharan Africa. The projections suggest the geographic concentration of extreme poverty is likely to continue.

Poverty declined during the last generation because the majority of the poorest people on the planet lived in countries with strong economic growth.

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