Chen, ShaohuaRavallion, Martin2014-01-022014-01-022003-01World Bank Research Observerdoi:10.1093/wbro/lkh020https://hdl.handle.net/10986/16461A new assessment is made of the developing world’s progress against poverty. By the frugal $1 a day standard there were 1.1 billion poor people in 2001—almost 400 million fewer than 20 years earlier. During that period the number of poor people declined by more than 400 million in China, though half the decline was in the early 1980s and the number outside China rose slightly. At the same time the number of people in the world living on less than $2 a day rose, so that there has been a marked bunching up of people living between $1 and $2 a day. Sub-Saharan Africa has become the region with the highest incidence of extreme poverty and the greatest depth of poverty. If these trends continue, the 1990 aggregate $1 a day poverty rate will be halved by 2015, meeting the Millennium Development Goal, though only East and South Asia will reach this goal.en-USCC BY-NC-ND 3.0 IGOABSOLUTE POVERTYABSOLUTE VALUEAGGREGATE POVERTYAGRICULTURAL LABORERSAGRICULTURAL PRODUCTIONCHANGES IN POVERTYCONSUMER PRICE INDEXCONSUMPTION BASKETCONSUMPTION DATACONSUMPTION EXPENDITURECONSUMPTION EXPENDITURESCOUNTRY LEVELCOUNTRY REGRESSIONSDAILY INCOMEDATA SETSDECLINE IN POVERTYDECOMPOSABLE POVERTYDECOMPOSABLE POVERTY MEASURESDEVELOPING COUNTRIESDEVELOPING WORLDDEVELOPMENT ECONOMICSDEVELOPMENT INDICATORSDEVELOPMENT REPORTDEVELOPMENT RESEARCHECONOMIC GROWTHECONOMICS LETTERSEXCHANGE RATESEXTREME POVERTYFARM PRODUCTIVITYFARMERSFOOD CONSUMPTIONFOOD GRAINSGLOBAL POVERTYGROWTH RATEGROWTH RATESHIGH POVERTYHIGHER INEQUALITYHOUSEHOLD CONSUMPTIONHOUSEHOLD SIZEHOUSEHOLD SURVEYHOUSEHOLD SURVEYSINCIDENCE OF POVERTYINCOMEINCOME DATAINCOME DISTRIBUTIONINCOME DISTRIBUTIONSINCOME INEQUALITYINDIVIDUAL COUNTRIESINEQUALITYINEQUALITY CONSTANTINEQUALITY DATAINEQUALITY FALLSINEQUALITY MEASURESINTERNATIONAL POVERTY LINEINTERNATIONAL POVERTY LINESLOW-INCOME COUNTRIESMEAN INCOMEMEASURING POVERTYMICRO DATANATIONAL ACCOUNTSNATIONAL POVERTY0 HYPOTHESISPER CAPITA CONSUMPTIONPER CAPITA GROWTHPOLICY RESEARCHPOORPOOR COUNTRIESPOOR LIVINGPOOR PEOPLEPOPULOUS COUNTRIESPOST-REFORMPOVERTY ESTIMATESPOVERTY GAPPOVERTY GAP INDEXPOVERTY INCIDENCEPOVERTY LINEPOVERTY LINESPOVERTY MEASUREPOVERTY MEASURESPOVERTY RANKINGSPOVERTY RATEPOVERTY RATESPOVERTY REDUCTIONREDUCING POVERTYREDUCTION IN POVERTYREGIONAL DIFFERENCESREGIONAL POVERTYRELATIVE PRICESRICH COUNTRIESRURALRURAL AREASRURAL LIVING STANDARDSRURAL POVERTYSAVINGSSERIAL CORRELATIONSQUARED POVERTY GAPTAXATIONURBAN AREASWELFARE INDICATORWELFARE MEASURESJournal ArticleWorld Bank10.1596/16461