|Local meets global in Ulaanbataar: ice sculptures of Chinggis Khaan in front of the popular Grand Khaan Irish Pub.|
In the last decade, conditional cash transfer (CCT) programs are probably the key social policy innovation around the world and in the East Asia and Pacific region. The targeted programs offer money to poor households on the condition they make pre-specified investments in the human capital of children. Typically, this involves school enrollment and attendance, and basic preventive health activities such as periodic checkups, growth monitoring, and vaccinations for young children.
|The poor need to be empowered, and solutions have to be designed by them. Community organization, a difficult yet key element to successful slum upgrading, is often successfully carried out.|
|In some villages in Laos, a household of six people live on US$320 a year, living with whatever means their environment offers them.|
|Ten years after the Asian Financial Crisis, Indonesia has re-emerged as a growing and confident middle-income country with increasing regional and global standing.|
Blog Action Day is a global nonprofit event that wants to unite bloggers, podcasters and videocasters around a common issue, on a specific day, to raise awareness about the topic and trigger a worldwide discussion. This year the issue is poverty and the date is October 15.
The international community has endorsed the Millenium Development Goal of reducing the poverty rate in the developing world by 50% over the 25 years, 1990-2015. While the target is arbitrary, it is nonetheless important to have a stretch goal like this to challenge us all to make the world a better place. To measure progress, naturally we need pretty good estimates of global poverty. The World Bank is the leading bean counter in this exercise. It just today released new estimates of global poverty that have the potential to illuminate the progress, but also the potential to confuse a lot of people. The research department of the World Bank has changed its global poverty line from $1 per day to $1.25 per day and has found about 468 million more poor people than it had previously estimated. About 135 million of these newly found poor are in China. How does one make sense of these new numbers? Here are some pointers: