Poverty

Setting standards: Why updating poverty lines matters in East Asia

The World Bank updated its global poverty lines last month and the number of poor is now significantly different in certain countries and regions. For the EAP region, this changes our view of the…

Rinku Murgai, Hassan Zaman|
Debt, Inequality and Shared Prosperity, Poverty, Social Protection

Beti Kamao: Empowering India’s Micro-level Women Entrepreneurs

BETI is World Bank’s pilot in the area of digital financial inclusion to help micro-level women entrepreneurs learn how to use mobile-based solutions to improve their bookkeeping, better manage…

Tushar Arora, Karthik Laxman, Sharmista Appaya|
Digital Development, Financial Inclusion, Financial Sector, Gender, Inequality and Shared Prosperity, Poverty

Correcting course to accelerate poverty reduction

On End Poverty Day this year, it’s hard to find cause for celebration. The COVID19 pandemic triggered a historic setback, pushing 70 million people into extreme poverty in 2020 – the largest one-…

Mari Elka Pangestu|
Poverty

Stepping up the fight against extreme poverty

The World Bank's 2022 Poverty and Shared Prosperity report offers the first comprehensive look at the global landscape of poverty in the aftermath of COVID-19—showing what fiscal policies…

Pablo Saavedra, Luis Felipe López-Calva|
Climate Change, Competitiveness, Financial Inclusion, Fragility Conflict and Violence, Governance, Inequality and Shared Prosperity, Macroeconomics and Fiscal Management, Poverty

Global poverty in the 2020s is on a new, worse course

COVID-19 has had a profound impact on health and well-being around the world. In this blog, we report updated nowcasts of global poverty up to 2022. Estimates of global poverty for the years up to…

Nishant Yonzan, Daniel Gerszon Mahler, Christoph Lakner|
Poverty
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Poverty