October 17 is the international day to end poverty. There has been much progress toward this important milestone: the World Bank Group’s latest numbers show that since 1990 nearly 1.1 billion people have escaped extreme poverty. Between 2012 and 2013 alone, around 100 million people moved out of extreme poverty. That’s around a quarter of a million people every day. This is cause for optimism.
But extreme poverty and the wrenching circumstances that accompany it persist. Half the world's extreme poor now live in sub-Saharan Africa, and another third live in South Asia. Worldwide nearly 800 million people were still living on less than $1.90 a day in 2013, the latest year for which we have global numbers. Half of these are children. Most have nearly no education. Many of the world's poor are living in fragile and conflict afflicted countries. In a world in which so many have so much, it is unacceptable that so many have so little.
Next week, the international community will gather at Habitat III - the United Nations Conference on Housing and Sustainable Urban Development - to discuss important urban challenges as the world’s cities grow at an unprecedented rate.
Today, 54% of people live in cities and towns. Cities can be magnets for population growth and offer opportunities for jobs and social empowerment; but they can also be a source of congestion, exclusion and impoverishment. Which path of urban growth will prevail depends, in large part, on the quality and availability of mobility solutions. Transport is a structuring element of cities.
The reality of mobility in today’s cities is alarming— especially when measured against the four criteria that define sustainable mobility.
- Sustainable Communities
- united nations
- Air pollution
- urban pollution
- road safety
- fuel efficiency
- transport accessibility
- sustainable mobility
- Sustainable Development
- New Urban Agenda
- Habitat III
- Information and Communication Technologies
- Climate Change
- Urban Development
- Increases in food expenditures
- Children less likely to be severely underweight
- Improvements in child educational achievements
- Increases in share of expenditures devoted to healthcare
Over 80 percent of Pakistanis consistently report that their economic wellbeing has either deteriorated or remained the same. Only 20 percent, disproportionately concentrated in the very top of the distribution, feel that they are better off and similarly small numbers believe that economic conditions have improved for their locality. If we took a poll today, it is possible that many of you would say that extreme poverty has risen rather than fallen.
But in fact, the national data tells a completely different story! According to the national poverty line set in 2001, Moreover, these gains were not concentrated among those close to the poverty line. Even the poorest 5 percent of the population saw an improvement in living standards.
On this bright, sunny Saturday, a Moldovan charity held its traditional fall soccer tournament for local and international organizations, businesses, and diplomatic missions. The purpose of the tournament is a noble one – to collect funds for palliative care services to children and adults suffering from incurable and life-limiting illnesses.
And so the World Bank Moldova soccer team turned up, eager to display our dazzling foot work and dribbling skills (OK, a slight exaggeration, I admit!) A handful of injuries and business trips meant a reduced overall capacity, but that did not deter the rest of us from being determined to win.
Economic shocks can be painful and destructive, especially in fragile countries that can get trapped into a cycle of conflict and violence. Effective policy responses must be implemented quickly and based on evidence. This requires reliable and timely data, which are usually unavailable in such countries. This was particularly true for South Sudan, a country that has faced multiple shocks since its independence in 2011. Recognizing the need for such data in this fragile country to assess economic shocks, the team developed a real-time dashboard to track daily exchange rates and weekly market prices (click here for instructions how to use it).
The Middle East and North Africa (MENA) has witnessed a surge of conflict and economic uncertainty and, while the causes of conflict vary, there is no ambiguity about the negative impact it has on people’s wellbeing. Today, the region is both the world’s largest host for displaced populations and the single largest source of forcibly displaced people.
There is a lot for Bangladesh to celebrate in the latest World Bank research on global poverty and inequality.
The new report, entitled “Poverty and Shared Prosperity 2016: Taking on Inequality”, uses revised data to give a more accurate estimate of how many poor people live in Bangladesh. What the report shows is that 18.5 percent of the population was poor in 2010 compared with 44.2 percent in 1991.
This is a major achievement that will receive global recognition on October 17 when the World Bank Group marks End Poverty Day with the Bangladesh people at an event in Dhaka.
This achievement means that . It means that Bangladesh beat the deadline by an impressive five years in achieving Millennium Development Goal number 1, an internationally recognized target to cut extreme poverty rates by half by 2015.
It is worth remembering how far Bangladesh has come.
Today I joined leaders and representatives from 70 countries and 20 international organizations and agencies at the Brussels Conference on Afghanistan. Together with its development partners, the World Bank Group pledged its continued support to the Afghan people and outlined a course of action to help all Afghans realize their dream of living in peace and prosperity.
Afghanistan has come a long way since 2001 and has made much progress under extremely challenging circumstances: life expectancy has increased from 44 to 60 years, maternal mortality has decreased by more than three quarters and, from almost none in 2001, the country now counts 18 million mobile phone subscribers.
Yet, enormous challenges remain as nearly 40 percent of Afghans live in poverty and almost 70 percent of the population is illiterate. This is made worse by growing insecurity and the return of 5.8 million refugees and 1.2 million internally displaced people. Much also remains to create jobs for the nearly 400,000 people entering the labor market each year.
To that end, here are five priorities we need to address to ensure a more prosperous and more secure future for all Afghans: