dc.contributor.author	World Bank
dc.date.accessioned	2022-07-21T20:15:10Z
dc.date.available	2022-07-21T20:15:10Z
dc.date.issued	2022
dc.description.abstract	Poverty and Shared Prosperity 2022: Correcting Course provides the first comprehensive analysis of the pandemic’s toll on poverty in developing countries. It identifies how governments can optimize fiscal policy to help correct course. Fiscal policies offset the impact of COVID-19 on poverty in many high-income countries, but those policies offset barely one quarter of the pandemic’s impact in low-income countries and lower-middle-income countries. Improving support to households as crises continue will require reorienting protective spending away from generally regressive and inefficient subsidies and toward a direct transfer support system—a first key priority. Reorienting fiscal spending toward supporting growth is a second key priority identified by the report. Some of the highest-value public spending often pays out decades later. Amid crises, it is difficult to protect such investments, but it is essential to do so. Finally, it is not enough just to spend wisely - when additional revenue does need to be mobilized, it must be done in a way that minimizes reductions in poor people’s incomes. The report highlights how exploring underused forms of progressive taxation and increasing the efficiency of tax collection can help in this regard. Poverty and Shared Prosperity is a biennial series that reports on global trends in poverty and shared prosperity. Each report also explores a central challenge to poverty reduction and boosting shared prosperity, assessing what works well and what does not in different settings. By bringing together the latest evidence, this corporate flagship report provides a foundation for informed advocacy around ending extreme poverty and improving the lives of the poorest in every country in the world. For more information, please visit worldbank.org/poverty-and-shared-prosperity.	en
dc.identifier	https://documents.worldbank.org/en/publication/documents-reports/documentdetail/099750110062235316/idu07dfa30ac034520434108ecd0db3a26cd8be6
dc.identifier.doi	10.1596/978-1-4648-1893-6
dc.identifier.isbn	978-1-4648-1893-6
dc.identifier.isbn	978-1-4648-1894-3 (electronic)
dc.identifier.other	Library of Congress Control Number: 2022947109
dc.identifier.uri	https://hdl.handle.net/10986/37739
dc.language.iso	en_US
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	SHARED PROSPERITY
dc.subject	POVERTY MONITORING
dc.subject	COVID-19
dc.subject	FISCAL POLICY
dc.subject	OPTIMIZATION
dc.subject	LOW-INCOME COUNTRIES
dc.subject	DIRECT TRANSFER SUPPORT SYSTEM
dc.subject	ECONOMIC GROWTH
dc.subject	PUBLIC SPENDING
dc.subject	TAX COLLECTION EFFICIENCY
dc.title	Poverty and Shared Prosperity 2022	en
dc.title.subtitle	Correcting Course	en
dc.type	Book	en
dc.type	Livre	fr
dc.type	Libro	es
dspace.entity.type	Publication
okr.crossref.title	Poverty and Shared Prosperity 2022: Correcting Course
okr.date.doiregistration	2025-04-15T10:54:30.269125Z
okr.doctype	Publications & Research
okr.doctype	Publications & Research::Publication
okr.guid	099750110062235316
okr.guid	099753310062230480
okr.identifier.doi	10.1596/978-1-4648-1893-6
okr.language.supported	en
okr.region.geographical	World
okr.statistics.combined	222553
okr.statistics.dr	099750110062235316
okr.statistics.drstats	371
okr.topic	Poverty Reduction::Achieving Shared Growth
okr.topic	Poverty Reduction::Poverty Monitoring & Analysis
okr.topic	Macroeconomics and Economic Growth : Taxation and Subsidies
okr.topic	Public Sector Development : Macro-Fiscal Policy
okr.unit	EPVGE

Publication: Poverty and Shared Prosperity 2022: Correcting Course

Files

Original bundle

License bundle

Collections

Publication:
Poverty and Shared Prosperity 2022: Correcting Course