dc.contributor.author	World Bank
dc.date.accessioned	2020-09-23T15:10:00Z
dc.date.available	2020-09-23T15:10:00Z
dc.date.issued	2020-10-07
dc.description.abstract	Previous Poverty and Shared Prosperity Reports have conveyed the difficult message that the world is not on track to meet the global goal of reducing extreme poverty to 3 percent by 2030. This edition brings the unwelcome news that COVID-19, along with conflict and climate change, has not merely slowed global poverty reduction but reversed it for first time in over twenty years. With COVID-19 predicted to push up to 100 million additional people into extreme poverty in 2020, trends in global poverty rates will be set back at least three years over the next decade. Today, 40 percent of the global poor live in fragile or conflict-affected situations, a share that could reach two-thirds by 2030. Multiple effects of climate change could drive an estimated 65 to 129 million people into poverty in the same period. “Reversing the reversal” will require responding effectively to COVID-19, conflict, and climate change while not losing focus on the challenges that most poor people continue to face most of the time. Though these are distinctive types of challenges, there is much to be learned from the initial response to COVID-19 that has broader implications for development policy and practice, just as decades of addressing more familiar development challenges yield insights that can inform responses to today’s unfamiliar but daunting ones. Solving novel problems requires rapid learning, open cooperation, and strategic coordination by everyone: from political leaders and scientists to practitioners and citizens.	en
dc.identifier	https://documents.worldbank.org/en/publication/documents-reports/documentdetail/521171602138084512/poverty-and-shared-prosperity-2020-reversals-of-fortune
dc.identifier.doi	10.1596/978-1-4648-1602-4
dc.identifier.isbn	978-1-4648-1602-4
dc.identifier.uri	https://hdl.handle.net/10986/34496
dc.publisher	Washington, DC: World Bank
dc.rights	CC BY 3.0 IGO
dc.rights.holder	World Bank
dc.rights.uri	http://creativecommons.org/licenses/by/3.0/igo
dc.subject	EXTREME POVERTY
dc.subject	CORONAVIRUS
dc.subject	COVID-19
dc.subject	PANDEMIC IMPACT
dc.subject	SHARED PROSPERITY
dc.subject	POVERTY MONITORING
dc.subject	SHARED SOLUTIONS
dc.subject	INCLUSIVE GROWTH
dc.subject	VULNERABILITY
dc.subject	CLIMATE RISK
dc.subject	ADAPTIVE LEARNING
dc.title	Poverty and Shared Prosperity 2020	en
dc.title.subtitle	Reversals of Fortune	en
dc.type	Book	en
dc.type	Livre	fr
dc.type	Libro	es
dspace.entity.type	Publication
okr.associatedcontent	https://www.youtube.com/watch?v=nFgcZoXnYV4 Author Talks on YouTube, Part 1
okr.associatedcontent	https://www.youtube.com/watch?v=zs0EWjE8Gcs Author Talks on YouTube, Part 2
okr.crossref.title	Poverty and Shared Prosperity 2020 : Reversals of Fortune
okr.date.disclosure	2020-10-07
okr.date.doiregistration	2025-04-15T12:01:35.717782Z
okr.date.doiregistration	2025-05-13T02:22:05.910031Z
okr.doctype	Publications & Research
okr.doctype	Publications & Research::Publication
okr.guid	771631602138276369
okr.guid	521171602138084512
okr.identifier.doi	10.1596/978-1-4648-1602-4
okr.identifier.doi	https://doi.org/10.1596/978-1-4648-1602-4
okr.identifier.externaldocumentum	090224b08844936f_3_0
okr.identifier.report	153584
okr.language.supported	en
okr.statistics.combined	234235
okr.statistics.dr	521171602138084512
okr.statistics.dr	771631602138276369
okr.statistics.drstats	1623
okr.topic	Poverty Reduction::Achieving Shared Growth
okr.topic	Poverty Reduction::Poverty Monitoring & Analysis
okr.topic	Social Development::Social Inclusion & Institutions
okr.topic	Poverty Reduction::Inequality
okr.topic	Poverty Reduction::Poverty Lines
okr.unit	GPVGE

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Poverty and Shared Prosperity 2020: Reversals of Fortune