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Grow, Invest, Insure: A Game Plan to End Extreme Poverty by 2030

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dc.contributor.authorZeballos, Christian
dc.contributor.authorGill, Indermit S.
dc.contributor.authorRevenga, Ana
dc.date.accessioned2016-12-06T22:11:58Z
dc.date.available2016-12-06T22:11:58Z
dc.date.issued2016-11
dc.description.abstractAs global extreme poverty has fallen -- by one measure, from close to 2 billion people in 1990 to about 700 million today -- the world has learned about antipoverty strategies that work. These experiences should inform the final push to end extreme poverty. In the 1960s and 1970s, when close to half of the world was living in extreme poverty, the approach that worked best consisted of two sets of complementary measures: encouraging broad-based growth that is labor using, and investing in education, health, and family planning. When extreme poverty rates came down—first in East Asia and then in other parts of the developing world—it became clear that the two-point strategy to make economies grow and enable people to invest in human capital needed a social assistance supplement to help people with disadvantages so severe that they could not benefit from economic opportunities and better social services. This two-and-a-half-point strategy has been working well over the past quarter century, and the end of extreme poverty is in sight. But more people are now at risk of slipping back into poverty because of economic, natural, and health-related hazards. To end extreme poverty by 2030, the approach now needs three complementary components: economic growth, investments in people, and measures to insure against setbacks to families, nations, and regions due to disabilities, recessions, disasters, and disease. In countries that have reduced poverty a lot and those that could do a lot better, a winning game plan for putting a quick end to extreme poverty should be based on a three-point strategy: grow, invest, and insure.en
dc.identifierhttp://documents.worldbank.org/curated/en/924111479240600559/Grow-invest-insure-a-game-plan-to-end-extreme-poverty-by-2030
dc.identifier.doi10.1596/1813-9450-7892
dc.identifier.urihttps://hdl.handle.net/10986/25694
dc.languageEnglish
dc.language.isoen_US
dc.publisherWorld Bank, Washington, DC
dc.relation.ispartofseriesPolicy Research Working Paper;No. 7892
dc.rightsCC BY 3.0 IGO
dc.rights.holderWorld Bank
dc.rights.urihttp://creativecommons.org/licenses/by/3.0/igo/
dc.subjectpoverty
dc.subjecteconomic growth
dc.subjecthuman capital
dc.subjectinvestment
dc.subjectsocial insurance
dc.subjectextreme poverty
dc.subjectsocial assistance
dc.subjecthazards
dc.subjectrisk
dc.titleGrow, Invest, Insureen
dc.title.subtitleA Game Plan to End Extreme Poverty by 2030en
dc.typeWorking Paperen
dc.typeDocument de travailfr
dc.typeDocumento de trabajoes
dspace.entity.typePublication
okr.crossref.titleGrow, Invest, Insure: A Game Plan to End Extreme Poverty by 2030
okr.date.disclosure2016-11-15
okr.doctypePublications & Research
okr.doctypePublications & Research::Working Paper
okr.docurlhttp://documents.worldbank.org/curated/en/924111479240600559/Grow-invest-insure-a-game-plan-to-end-extreme-poverty-by-2030
okr.guid924111479240600559
okr.identifier.doi10.1596/1813-9450-7892
okr.identifier.externaldocumentum090224b0846f86b6_1_0
okr.identifier.internaldocumentum26940302
okr.identifier.reportWPS7892
okr.importedtrue
okr.language.supporteden
okr.pdfurlhttp://documents.worldbank.org/curated/en/924111479240600559/pdf/WPS7892.pdfen
okr.region.administrativeAfrica
okr.region.administrativeEast Asia and Pacific
okr.region.administrativeSouth Asia
okr.region.countryKorea, Republic of
okr.region.countryTaiwan, China
okr.region.countryThailand
okr.region.geographicalEast Asia
okr.region.geographicalSouth Asia
okr.region.geographicalSub-Saharan Africa
okr.statistics.combined9489
okr.statistics.dr924111479240600559
okr.statistics.drstats8264
okr.topicMacroeconomics and Economic Growth::Economic Theory & Research
okr.topicPoverty Reduction::Pro-Poor Growth
okr.topicPoverty Reduction::Inequality
okr.topicMacroeconomics and Economic Growth::Economic Growth
okr.topicPoverty Reduction::Achieving Shared Growth
okr.unitDevelopment Policy Department, Development Economics Vice Presidency, the Poverty and Equity Global Practice Group, and the International Finance Corporation
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relation.isAuthorOfPublication.latestForDiscovery8de50a92-441d-5d2d-8305-8ee708b0f79d
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