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Poverty and shared prosperity 2018 - piecing together the poverty puzzle (Paperback)
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Poverty and shared prosperity 2018 - piecing together the poverty puzzle (Paperback)
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The share of people living in extreme poverty, as assessed by the
international poverty line (currently set at USD$1.90 a day), has
become one of the most prominent indicators for assessing global
economic development. It has been a central indicator for the
Millennium Development Goals and is now an important indicator
among the Sustainable Development Goals. The World Bank's Poverty
and Shared Prosperity series is the official source for the latest
global estimates of poverty and shared prosperity. Each report also
expands on a particular theme. As the world continues to make
progress in eradicating poverty, efforts to monitor progress in
reaching our goals will need to bring greater attention to ensuring
that no one is left unaccounted for, that everyone counts - and the
2018 report explores the implications of this. Chapters 1 and 2
provide updates on the status of global poverty and the state of
shared prosperity in the world. Chapter 3 examines the usefulness
of a measure of societal poverty, which takes both absolute and
relative aspects of deprivation into account above a certain income
level. This measure provides a higher estimate of global poverty,
which allows for the notion that participating in society may
require more resources in richer countries. Chapter 4 puts forward
a multidimensional index of global poverty that builds on the
consumption-based measure by adding dimensions of well-being for
which market prices largely do not exist, such as health and
education. Chapter 5 addresses a key constraint in monitoring
global poverty, namely, that the current state of data does not
allow for the measurement of inequality within households. This
chapter describes the first efforts to overcome this constraint,
with the aim of improving our understanding of the individual-level
characteristics of the poor through a focus on gender.
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