The other day I asked my five-year-old daughter if she knew what being poor was. She hesitated at first but soon she was on a roll. She mentioned that being poor was not having enough to eat, not living in a “germ-free” house, and – my favorites – not having gummy bears or a blanket. All this within the first couple of minutes of possibly her first time ever thinking about what being poor meant. The idea of poverty is very intuitive – even for a five-year-old – but equally hard to put boundaries around. It is common to say that poverty doesn’t mean the same thing in different contexts or that it goes beyond monetary dimensions. But what do we mean by that?
"I have a four-year-old son back in my village. I want to make a better life for him,” says Sharmin Akhtar, a 19-year-old employee in one of Dhaka’s many flourishing garment factories.
Like thousands of other poor women, Sharmin came down to Bangladesh’s capital from her village in the country’s north to seek a better job and create a more prosperous future for her family—leaving behind a life of crushing poverty.
Today, as we mark End Poverty Day 2018, it’s important to note that Sharmin’s heartening story is one of many in Bangladesh and the rest of South Asia, where economic growth has spurred a dramatic decline in extreme poverty in the last 25 years.
And the numbers are striking:
Even more remarkable, South Asian countries experienced an increase in incomes among the poorest 40 percent of 2.6 percent a year between 2010-2015, faster than the global average of 1.9 percent.
It’s worth thinking about how far South Asia has come – but remaining clear-eyed about how far we must go to finish the fight against extreme poverty.
Indeed, it is increasingly clear that
True, the extreme poverty rate is significantly lower in India relative to the average rate in Sub-Saharan Africa. But because of its large population, India’s total number of poor is still large.
And while there has been a substantial decline in the numbers and rate of people living below $1.90 in South Asia, the number of people living on less than $3.20 has declined by only 8 percent over 1990-2015 because of the growing population.
Today is “End Poverty Day.” This is an important marker in the fight to end extreme poverty by 2030—a time for us to renew our collective commitment to do more and better to end poverty, and reflect on what the global community has accomplished together.
Since 1960, the International Development Association, IDA, has stood at the frontlines of our work in the poorest countries. IDA investments help spur greater stability and progress around the world by preventing conflict and violence, generating private sector investment, creating jobs and economic growth, preventing the worst effects of climate change, and promoting gender equality and good governance.
—through the creation of jobs, access to schools, health facilities, social safety nets, roads, electricity, and more. Our most recent results show quite simply that IDA works. For example, from 2011-17, IDA helped more than 600 million people receive essential health services, 30 million pregnant women receive prenatal care from a health provider, recruit 8 million teachers, and immunize a quarter of a billion children.
October 17, 2017 – Today marks the 25th anniversary of the United National declaration of the International Day to End Extreme Poverty. Compared to many other countries in the world, Sri Lanka has done well in ending extreme poverty. Between 2002 and 2012, extreme poverty in Sri Lanka decreased from 8.3% to 1.9% while the national poverty level fell from 22% to 6.7% during the same period. Read the latest poverty brief and the two-part series on understanding poverty in Sri Lanka to learn more.
The big picture of poverty in Sri Lanka may be different when we zoom in on individuals and communities. In order to understand individual perspectives and opinions, this year we have opened up an opportunity for Sri Lankans to share their views on Sri Lanka’s Vision to End Poverty. We welcome your views in the form of a short blog post on why you believe #itspossible to end poverty in Sri Lanka. Below are some questions to get you thinking. You need not capture all of them, or be restricted to answering just these questions, but we are interested in hearing from you on these themes.
- Do you feel that you have more opportunities than your parents did at your age? Why or why not?
- How could more openings be created for you and your peers?
- Do you believe that the future will provide more prospects than the present?
- What are you most excited about and most discouraged by in terms of available opportunities in Sri Lanka?
- Do you think it is possible to end poverty in Sri Lanka? As individuals, can we contribute to making this goal a reality?
- How do you think the reforms listed in Vision 2025 can contribute to ending poverty in Sri Lanka?
- All participants must be registered with us through the online form available here. Follow the submission instructions detailed there.
- You will be requested to provide a short biography and profile picture which will become your profile, and accessible from the article(s) you write if selected by the panel of editors.
Cities in East Asia and the Pacific can be vibrant, exciting, and filled with opportunities. Yet we are always struck by their dichotomies: there are the bright lights, modern skyscrapers, air-conditioned malls, and the hustle and bustle of people coming and going to offices and shops.
And there are also neighborhoods with no safe drinking water, sanitation, or waste collection; where houses flood every time it rains; and where families spend long hours trying to earn enough to feed themselves and keep their children in school.
With an estimated 250 million people living in slums across the East Asia and Pacific region, and much more urbanization to come, prioritizing the delivery of basic services and ensuring opportunities for the urban poor presents an urgent call for action.
Sir Anthony Atkinson, who was Centennial Professor at the London School of Economics and Fellow of Nuffield College at Oxford, passed away on New Year’s Day, at the age of 72. Tony was a highly distinguished economist: He was a Fellow of the British Academy and a past president of the Econometric Society, the European Economic Association, the International Economic Association and the Royal Economic Society. He was also an exceedingly decent, kind and generous man.
Although his contributions to economics are wide-ranging, his main field was Public Economics. He was an editor of the Journal of Public Economics for 25 years, and his textbook “Lectures on Public Economics”, co-authored with Joe Stiglitz in 1980, remains a key reference for graduate students to this day. Within the broad field of public economics, Tony published path-breaking work on the measurement, causes and consequences of poverty and inequality – from his early work on Lorenz dominance in 1970, all the way to his more recent joint work with Piketty, Saez and others on the study of top incomes. Over his 50-year academic career, he taught, supervised and examined a large number of PhD students, some of whom came to work at the World Bank at some point in their careers.
For the World Bank Group staff in Ghana, End Poverty Day presented an opportunity for community outreach while drawing attention to issues related to poverty and shared prosperity.
Following a 2009 earthquake in Qingchuan County, Sichuan Province, Alibaba introduced the “Internet + Poverty Reduction” model, with the core concept to boost economic development in the affected areas with a business model that empowers people to move out of poverty using the Internet.
Alibaba announced its rural e-commerce strategy in October 2014, with a plan to invest RMB100 million (about $14.8 million) over the next three to five years in the development of local e-commerce service systems for 1,000 counties with 100,000 villages.
The program provides valuable services in three areas:
- Easy and affordable access to goods and services in poor areas including: delivery of consumer goods to rural areas and farm produce to cities, mobile phone recharge, utility bills payment, booking airline and train tickets, making hotel reservations, as well as microfinance, online medical consultation, and online learning;
- Provision of ecosystem support for sustainable rural development, including raising awareness about the Internet among local officials, building the capacity of local firms to use the Internet for business, Internet skills training for young people and farmers; and
- Infrastructure development for the new economy, including logistics infrastructure, payment systems, financial services, cloud computing and data collection.
Alibaba’s “Internet + Poverty Reduction” features a number of innovations including e-commerce, job creation, access to finance, tourism development, education and healthcare.