Work

How Long Will it Take to Lift One Billion People Out of Poverty?

Year: 2013

Type: report

Abstract: Alternative scenarios are considered for reducing by one billion the number of people living below $1.25 a day. The low-case, "pessimistic," path to that goal would see the developing world outside China returning to its slower pace of growth and poverty reduction of the 1980s and 1990s, though with China maintaining its progress. This path would take another 50 years or more to lift one billion people out of poverty. The more optimistic path would maintain the (impressive) progress against poverty since 2000, which would instead reach the target by around 2025-30. This scenario is consistent with both linear projections of the time series data and non-linear simulations of inequality-neutral growth for the developing world as a whole.

Source: World Bank, Washington, DC eBooks

DOI: 10.1596/1813-9450-6325

Author: Martin Ravallion

Institutions: World Bank, Department for International Development, Overseas Development Institute, World Bank Group

Language: English

Topic: Income, Poverty, and Inequality

Subfield: Sociology and Political Science

Field: Social Sciences

Domain: Social Sciences

SDGs: No poverty, Reduced inequalities

Open Access status: green

OpenAlex ID: W2769533338

Cites: 20

Cited by: 41

Related to: 10