Ending Extreme Poverty and Sharing Prosperity: Progress and Policies

By Marcio Cruz, James E. Foster, B. Quillin, P. Schellekens. 2015

128 citations recorded by the source corpus.

With 2015 marking the transition from the Millennium to the Sustainable Development Goals, the international community can celebrate many development successes since 2000. Three key challenges stand out: the depth of remaining poverty, the unevenness in shared prosperity, and the persistent disparities in non-income dimensions of development. First, the policy discourse needs to focus more directly on the poorest among the poor. While pockets of ultra-poverty exist around the world, Sub-Saharan Africa is home to most of the deeply poor. To make depth a more central element in policy formulation, easy-to-communicate measures are needed, and this note attempts a step in this direction with person-equivalent measures of poverty. Second, the eradication of poverty in all of its forms requires steady growth of the incomes of the bottom 40 percent. Yet, economic growth, a key driver of shared prosperity, may not be as buoyant as before the global financial crisis. Third, unequal progress in non-income dimensions of development requires addressing widespread inequality of opportunity, which transmits poverty across generations and erodes the pace and sustainability of progress for the bottom 40. To meet these challenges, three ingredients are core to the policy agenda: sustaining broad-based growth, investing in human development, and insuring the poor and vulnerable against emerging risks.

Subfields: Business and International Management, Safety Research, Sociology and Political Science

View Paper: https://www.semanticscholar.org/paper/483e03d82422d7312d20c788a649255206643c0d

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Business and International Management

1. F. Vanclay
2. E. Smyth
3. Ruth S. DeFries
4. J. Fanzo
5. Pinki Mondal
6. S. Wood
7. R. Remans

In Safety Research

1. F. Vanclay
2. E. Smyth
3. Joshua Blumenstock

In Sociology and Political Science

1. E. Smyth
2. Xin Lu
3. F. Vanclay
4. Y. de Montjoye
5. Joshua Blumenstock

Citations in the corpus

• Mapping poverty using mobile phone and satellite data (2017, background): “In 2015, approximately 700 million people lived in extreme poverty [1].”
• The Persistent Power of Behavioral Change: Long-Run Impacts of Temporary Savings Subsidies for the Poor (2018, unknown): “In spite of recent progress, approximately 700 million people still live in extreme poverty, with 35 percent of individuals in Sub-Saharan Africans living in this state (Cruz et al. 2015).”
• A global count of the extreme poor in 2012: data issues, methodology and initial results (2015, unknown): “In addition to the findings in this paper, more extensive analysis of recent trends in global poverty, and the outlook for the future, is available in World Bank (2015b) and Cruz et al. (2015).”
• The Social Framework for Projects: a conceptual but practical model to assist in assessing, planning and managing the social impacts of projects (2017, background): “Achieving these targets will be a significant challenge given there are over 700 million people living in extreme poverty, concentrated in Sub-Saharan Africa and South East Asia (Cruz et al. 2015).”
• Is voluntary certification of tropical agricultural commodities achieving sustainability goals for small-scale producers? A review of the evidence (2017, background): “Second, despite recent reductions in numbers of people living below the poverty line, most of the world’s poor are smallholder farmers and laborers in rural areas in the tropics (Cruz et al 2015).”