During the last year, a new poverty narrative gained acceptance across the world. The trends in our global poverty predictions—which we published on the World Poverty Clock—were confirmed by several other sources. Including the World Bank, the Overseas Development Institute (ODI), and the Institute for Health Metrics and Evaluation (IHME). By and large, the overall message is a discouraging refrain. Global poverty reduction …
Tag: Poverty
Xi Jinping Vows No Poverty in China by 2020. That Could Be Hard.
In China today, poverty refers mainly to the rural poor, as decades of economic growth have largely eradicated urban poverty. The dramatic progress in reducing poverty over the past three decades in China is well known. According to the World Bank, more than 850 million Chinese people have lifted out of extreme poverty. Li Chao carrying wood for his stove in …