Book

Poverty and Shared Prosperity 2020 : Reversals of Fortune

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collection.link.306
https://openknowledge.worldbank.org/handle/10986/25079
collection.name.306
Poverty and Shared Prosperity
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.date.lastModified
2020-10-19T13:54:44Z
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.isbn
978-1-4648-1602-4
dc.identifier.uri
http://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
okr.date.disclosure
2020-10-07
okr.doctype
Publications & Research
okr.doctype
Publications & Research :: Publication
okr.googlescholar.linkpresent
yes
okr.identifier.doi
10.1596/978-1-4648-1602-4
okr.identifier.report
153584
okr.language.supported
en
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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