Focus Areas. Inequality and Shared Prosperity We're working to increase the incomes and welfare of the less well off. Research View All Research. Use Our Data. Browse more poverty and inequality data. Extreme poverty, Here are the top 10 Sub-Saharan African countries that have reduced poverty the most. Top News. COVID casts different shadows over the lives of men and women.
March global poverty update from the World Bank. Ruth Hill. View All Experts. Stay Connected. What's New. Latest Events. In Depth. High Frequency Monitoring. Systematic Country Diagnostics The SCD looks at issues in countries and seeks to identify barriers and opportunities for sustainable poverty reduction.
Your email address will not be published. Notify me of follow-up comments by email. Notify me of new posts by email. This site uses Akismet to reduce spam. Learn how your comment data is processed. This section is widgetized. Women represent a majority of the poor in most regions and among some age groups. About 70 percent of the global poor aged 15 and older have no schooling or only some basic education.
More than 40 percent of the global poor live in economies affected by fragility, conflict and violence, and that number is expected to rise to 67 percent in the next decade.
About million of the global poor live in areas with high flood risk. The "new poor" probably will: Be more urban than the chronic poor. Be more engaged in informal services and manufacturing and less in agriculture. Live in congested urban settings and work in the sectors most affected by lockdowns and mobility restrictions.
History shows that urgent and collective action can help us tackle this crisis. Last Updated: Oct 14, Closing the gaps between policy aspiration and attainment Too often there is a wide gap between policies as articulated and their attainment in practice, and thus between what citizens rightfully expect and what they experience daily. Policy aspirations can be laudable, but there is likely to be considerable variation in the extent to which they can be realized, and which groups benefit from them.
For example, at the local level, those who have the least influence in a community might not be able to access basic services. At the global level, political economy concerns will be reflected in the extent to which rich and poor nations get access to finite global supplies of medical equipment. It is critical to forge implementation strategies that can rapidly and flexibly respond to close the gaps.
Enhancing learning, improving data Much about the novel coronavirus remains unknown. The speed and scale with which it has affected the world has overwhelmed response systems in rich and poor countries alike. Innovative responses often come from communities and firms, which may have a better sense of the problems that should be prioritized and may enjoy greater local legitimacy to convey and enforce difficult decisions such as stay-at-home requirements.
The faster everyone learns from each other, the more useful it will be. Prevention measures often have low political payoff, with little credit given for disasters averted. Over time, populations with no lived experience of calamity can become complacent, presuming that such risks have been eliminated or can readily be addressed if they happen. COVID, together with climate change and enduring conflicts, is reminding us of the importance of investing in preparedness and prevention measures comprehensively and proactively.
Expanding cooperation and coordination Contributing to and maintaining public goods requires extensive cooperation and coordination. This is crucial for promoting widespread learning and improving the data-driven foundations of policymaking, and for forming a sense of shared solidarity during crises and ensuring that the difficult policy choices by officials are both trusted and trustworthy.
The World Bank Group works to end poverty in several ways: Funding projects that can have transformational impacts on communities Collecting and analyzing the critical data and evidence needed to target these programs to reach the poorest and most vulnerable Helping governments create more inclusive, effective policies that can benefit entire populations and lay the groundwork for prosperity for future generations.
Some examples: Grow Cambodia has achieved remarkable progress in reducing poverty and boosting shared prosperity, but key reforms are needed to sustain pro-poor growth. Mexico has experienced high income inequality and concentration of poverty in a few states.
Invest A pilot program in Ecuador used text messages to relay information and encouragement to caregivers in an impoverished region of the country and saw a significant improvement in the nutrition and health of children.
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