Innovative Approaches to Reducing Global Poverty

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Author :
Publisher : IAP
ISBN 13 : 1607526085
Total Pages : 261 pages
Book Rating : 4.6/5 (75 download)

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Book Synopsis Innovative Approaches to Reducing Global Poverty by : James A.F. Stoner

Download or read book Innovative Approaches to Reducing Global Poverty written by James A.F. Stoner and published by IAP. This book was released on 2007-09-01 with total page 261 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book presents innovative approaches to reducing poverty through the commitment, involvement, and leadership of individuals, for-profit businesses, and not-for-profit organizations. Many of these approaches are making significant contributions to reducing poverty right now. Some of these approaches may look promising now at their current level of success but will turn out to be limited in their scalability or in their ability to sustain themselves and endure over time. Others may some day be looked back upon as having laid the ground work for major contributions to reducing global poverty. However, all of them offer fruitful grounds for inquiry and learning. It is our intention that sharing the learning from these projects and initiatives from around the world will be useful to others committed to assisting the poor in escaping from poverty — especially by bringing the poor into productive business activities. It is also our intention that these experiences stimulate ideas for new directions that build upon and go beyond the rich variety of projects and successes described by the authors in this book. The innovative programs and projects described in these chapters are reducing poverty not just in Bangladesh, India, and Kenya, but also in the UK and the USA. They remind us that poverty is everywhere – in developed and under-developed countries. They remind us that just as poverty is in some sense almost everywhere, the opportunities to reduce poverty are also almost endless. They remind us how important a few committed individuals can be in pioneering new ways of reducing poverty and enhancing social justice. They point to the need for contributions by for-profit companies and not-for-profit social enterprises. They support and remind us of Peter Drucker’s framing of the poverty issue in terms not of seeking to make the poor wealthy, but instead in helping the poor find work that is productive and sustainable. And they remind us that reducing poverty, whether on a large scale or on a small scale, requires commitment, energy, and persistence, and a profound caring for others. The book also supports C K. Prahalad’s work made available in a number of his writings, including his very influential book The Fortune at the Bottom of the Pyramid: Eradicating Poverty through Profits (Wharton, 2004). Prahalad’s work has called attention to creative ways to think about the question of poverty and how it might be reduced and eventually eliminated. He suggests ways of thinking and acting that break many of the traditional rigidities that occur in how we think about markets and business practices. Although one theme of Prahalad’s work relates to the benefits of marketing to the poor by supplying products better fitting the needs of low income individuals and groups, his work also emphasizes ways in which the poor can produce innovatively conceived and designed products for themselves and for others. This emphasis on enabling the poor to become productive is also presented forcefully in many of the chapters of this book, just as it is in Craig and Peter Wilson’s, Make Poverty Business: Increase Profits and Reduce Risks by Engaging with the Poor Greenleaf 2O06).

Wealth Creation Approach to Reducing Global Poverty

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Author :
Publisher : Springer Nature
ISBN 13 : 9811541167
Total Pages : 287 pages
Book Rating : 4.8/5 (115 download)

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Book Synopsis Wealth Creation Approach to Reducing Global Poverty by : Scott Hipsher

Download or read book Wealth Creation Approach to Reducing Global Poverty written by Scott Hipsher and published by Springer Nature. This book was released on 2020-05-19 with total page 287 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes a unique approach to the topic of poverty reduction, primarily employing an international business framework as opposed to the usual economic or political lens. Some of the key ideas explored in the book include: poverty is primarily the lack of choices, not the lack of material possessions; attacking inequality of opportunity might be a more effective means to reduce poverty than attaching inequality of wealth; political systems matter, but individuals and for-profit firms also have a vital and indispensable role in helping to create the wealth needed to reduce poverty; and an effective corporate social responsibility strategy to help reduce poverty may include finding innovative and creative ways to operate profitably in areas of the world where poverty is currently robbing too many people of the opportunity to live their version of the good life. Building on such ideas, the book advocates for private companies to expand operations into the least developed regions of the world as part of their corporate social responsibility programs and to reframe the debates away from ones focused on exploitation and economic nationalism to one of creating opportunities across political borders.

Globalization and Poverty

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Author :
Publisher : University of Chicago Press
ISBN 13 : 0226318001
Total Pages : 675 pages
Book Rating : 4.2/5 (263 download)

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Book Synopsis Globalization and Poverty by : Ann Harrison

Download or read book Globalization and Poverty written by Ann Harrison and published by University of Chicago Press. This book was released on 2007-11-01 with total page 675 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over the past two decades, the percentage of the world’s population living on less than a dollar a day has been cut in half. How much of that improvement is because of—or in spite of—globalization? While anti-globalization activists mount loud critiques and the media report breathlessly on globalization’s perils and promises, economists have largely remained silent, in part because of an entrenched institutional divide between those who study poverty and those who study trade and finance. Globalization and Poverty bridges that gap, bringing together experts on both international trade and poverty to provide a detailed view of the effects of globalization on the poor in developing nations, answering such questions as: Do lower import tariffs improve the lives of the poor? Has increased financial integration led to more or less poverty? How have the poor fared during various currency crises? Does food aid hurt or help the poor? Poverty, the contributors show here, has been used as a popular and convenient catchphrase by parties on both sides of the globalization debate to further their respective arguments. Globalization and Poverty provides the more nuanced understanding necessary to move that debate beyond the slogans.

Ending Global Poverty

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Author :
Publisher : St. Martin's Press
ISBN 13 : 1466892323
Total Pages : 288 pages
Book Rating : 4.4/5 (668 download)

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Book Synopsis Ending Global Poverty by : Stephen C. Smith

Download or read book Ending Global Poverty written by Stephen C. Smith and published by St. Martin's Press. This book was released on 2015-03-17 with total page 288 pages. Available in PDF, EPUB and Kindle. Book excerpt: Over 800 million people suffer from chronic hunger, and over ten million children die each year from preventable causes. These may seem like overwhelming statistics, but as Stephen Smith shows in this call to arms, global poverty is something that we can and should solve within our lifetimes. Ending Global Poverty explores the various traps that keep people mired in poverty, traps like poor nutrition, illiteracy, lack of access to health care, and others and presents eight keys to escaping these traps. Smith gives readers the tools they need to help people overcome poverty and to determine what approaches are most effective in fighting it. For example, celebrities in commercials who encourage viewers to "adopt" a poor child really seem to care, but will sending money to these organizations do the most good? Smith explains how to make an informed decision. Grass-roots programs and organizations are helping people gain the capabilities they need to escape from poverty and this book highlights many of the most promising of these strategies in some of the poorest countries in the world, explaining what they do and what makes them effective.

Reducing Global Poverty

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Author :
Publisher : Routledge
ISBN 13 : 1317253051
Total Pages : 353 pages
Book Rating : 4.3/5 (172 download)

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Book Synopsis Reducing Global Poverty by : Barry B. Hughes

Download or read book Reducing Global Poverty written by Barry B. Hughes and published by Routledge. This book was released on 2015-12-22 with total page 353 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is the first volume in an ambitious new series-"Patterns of Potential Human Progress"-inspired by the UN Millennium Development Goals (MGDs) and other initiatives to improve the global condition. The first and most fundamental of these goals-reducing poverty worldwide-is the focus of this book. Using the large-scale computer program called International Futures (IFs) developed over three decades at the prestigious University of Denver Graduate School of International Studies, this book explores the most extensive set of forecasts of global poverty ever made-providing a wide range of scenarios based on an authoritative array of data. It transcends the "$1 a day" baseline measure of poverty and probes important concepts like income poverty gaps and relative poverty. The forecasts are long-term, looking 50 years into the future, far beyond the 2015 date set out by the MDGs. They are geographically rich, spanning the entire globe and drilling down to the country level, including one of the most important global focal points, India. The poverty forecasts in this book, and all the volumes in the series, are fully integrated in perspective across a wide range of human development arenas including demographics, economics, politics, agriculture, energy, and the environment. Full of colorful, thoughtfully designed graphs, tables, maps, and other visual presentations of data and forecasts, this large-format inaugural volume ensures that the "Patterns of Potential Human Progress" series will become an indispensable resource for every development professional, student, professor, library, and indeed, country around the world.

Understanding Global Poverty

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Author :
Publisher : Routledge
ISBN 13 : 1000427722
Total Pages : 436 pages
Book Rating : 4.0/5 (4 download)

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Book Synopsis Understanding Global Poverty by : Serena Cosgrove

Download or read book Understanding Global Poverty written by Serena Cosgrove and published by Routledge. This book was released on 2021-08-29 with total page 436 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding Global Poverty introduces students to the study and analysis of poverty, helping them to understand why it is pervasive across human societies, and how it can be reduced through proven policy solutions. The book uses the capabilities and human development approach to foreground the human aspects of poverty, keeping the voices, experiences, and needs of the world’s poor central to the analysis. Starting with definitions and measurement, the book goes on to explore the causes of poverty and how poverty reduction programs and policy have responded in practice. The book also reflects on the ethics of why we should work to reduce poverty and what actions readers themselves can take. This new edition has been revised and updated throughout, featuring: • a new chapter on migration and refugees • additional international examples, including material on Mexico, Covid-19 in global perspective, and South–South development initiatives • information on careers in international development • insights into how various forms of social difference, including race, ethnicity, social class, gender, and sexuality relate to poverty Fully interdisciplinary in approach, the book is also supplemented with case studies, discussion questions, and further reading suggestions in order to support learning. Perfect as an introductory textbook for students across sociology, global development, political science, anthropology, public health, and economics, Understanding Global Poverty will also be a valuable resource to policy makers and development practitioners.

A Corporate Solution to Global Poverty

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Publisher : Princeton University Press
ISBN 13 : 9780691122298
Total Pages : 222 pages
Book Rating : 4.1/5 (222 download)

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Book Synopsis A Corporate Solution to Global Poverty by : George C. Lodge

Download or read book A Corporate Solution to Global Poverty written by George C. Lodge and published by Princeton University Press. This book was released on 2006 with total page 222 pages. Available in PDF, EPUB and Kindle. Book excerpt: World leaders have given the reduction of global poverty top priority. And yet it persists. Indeed, in many countries whose governments lack either the desire or the ability to act, poverty has worsened. This book, a joint venture of a Harvard professor and an economist with the International Finance Corporation, argues that the solution lies in the creation of a new institution, the World Development Corporation (WDC), a partnership of multinational corporations (MNCs), international development agencies, and nongovernmental organizations (NGOs). In A Corporate Solution to Global Poverty, George Lodge and Craig Wilson assert that MNCs have the critical combination of capabilities required to build investment, grow economies, and create jobs in poor countries, and thus to reduce poverty. Furthermore, they can do so profitably and thus sustainably. But they lack legitimacy and risk can be high, and so a collective approach is better than one in which an individual company proceeds alone. Thus a UN-sponsored WDC, owned and managed by a dozen or so MNCs with NGO support, will make a marked difference. At a time when big business has been demonized for destroying the environment, enjoying one-sided benefits from globalization, and deceiving investors, the book argues, MNCs have much to gain from becoming more effective in reducing global poverty. This is not a call for philanthropy. Lodge and Wilson believe that corporate support for the World Development Corporation will benefit not only the world's poor but also company shareholders as a result of improved MNC legitimacy and stronger markets and profitability.

The Role of Trade in Ending Poverty

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Author :
Publisher :
ISBN 13 : 9789287040138
Total Pages : 0 pages
Book Rating : 4.0/5 (41 download)

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Book Synopsis The Role of Trade in Ending Poverty by : World Bank Group

Download or read book The Role of Trade in Ending Poverty written by World Bank Group and published by . This book was released on 2015 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Trade will have an important role at the global level in generating the growth necessary for reducing extreme poverty to 3 percent and boosting prosperity for the poorest 40 percent by 2030. To identify the most important challenges that exist in maximizing the positive impact of trade on poverty, we need to understand who the poor are, where they are, and what economic activities they undertake. To this end, the study highlights particularly relevant dimensions of poverty: rural poverty in remote areas, informality, fragile and conflict situations, and women. For each of these issues, this study considers the main traderelated barriers and challenges, along with policy responses to address them. It shows the importance of the multilateral trading system and of the Doha Round, as well as the important role of the WBG and WTO in promoting coherence and implementing trade policies in a way that delivers the greatest possible benefits for the poor.

A Roadmap to Reducing Child Poverty

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Author :
Publisher : National Academies Press
ISBN 13 : 0309483980
Total Pages : 619 pages
Book Rating : 4.3/5 (94 download)

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Book Synopsis A Roadmap to Reducing Child Poverty by : National Academies of Sciences, Engineering, and Medicine

Download or read book A Roadmap to Reducing Child Poverty written by National Academies of Sciences, Engineering, and Medicine and published by National Academies Press. This book was released on 2019-09-16 with total page 619 pages. Available in PDF, EPUB and Kindle. Book excerpt: The strengths and abilities children develop from infancy through adolescence are crucial for their physical, emotional, and cognitive growth, which in turn help them to achieve success in school and to become responsible, economically self-sufficient, and healthy adults. Capable, responsible, and healthy adults are clearly the foundation of a well-functioning and prosperous society, yet America's future is not as secure as it could be because millions of American children live in families with incomes below the poverty line. A wealth of evidence suggests that a lack of adequate economic resources for families with children compromises these children's ability to grow and achieve adult success, hurting them and the broader society. A Roadmap to Reducing Child Poverty reviews the research on linkages between child poverty and child well-being, and analyzes the poverty-reducing effects of major assistance programs directed at children and families. This report also provides policy and program recommendations for reducing the number of children living in poverty in the United States by half within 10 years.

Marginality

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Publisher : Springer
ISBN 13 : 9400770618
Total Pages : 389 pages
Book Rating : 4.4/5 (7 download)

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Book Synopsis Marginality by : Joachim von Braun

Download or read book Marginality written by Joachim von Braun and published by Springer. This book was released on 2013-08-19 with total page 389 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book takes a new approach on understanding causes of extreme poverty and promising actions to address it. Its focus is on marginality being a root cause of poverty and deprivation. “Marginality” is the position of people on the edge, preventing their access to resources, freedom of choices, and the development of capabilities. The book is research based with original empirical analyses at local, national, and local scales; book contributors are leaders in their fields and have backgrounds in different disciplines. An important message of the book is that economic and ecological approaches and institutional innovations need to be integrated to overcome marginality. The book will be a valuable source for development scholars and students, actors that design public policies, and for social innovators in the private sector and non-governmental organizations.​

Reducing Global Poverty

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Publisher : Rowman & Littlefield
ISBN 13 : 0815758588
Total Pages : 320 pages
Book Rating : 4.8/5 (157 download)

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Book Synopsis Reducing Global Poverty by : Caroline O.N. Moser

Download or read book Reducing Global Poverty written by Caroline O.N. Moser and published by Rowman & Littlefield. This book was released on 2008-06-01 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: A daunting challenge to the international community is how to go about lifting the world's huge poor population out of poverty. "Asset-based" approaches to development are aimed specifically at designing and implementing public policies that will increase the capital assets of the poor—i.e., the physical, financial, human, social, and natural resources that can be acquired, developed, improved, and transferred across generations. In this pathbreaking book, Caroline Moser and a group of experts with on-the-ground experience provide a set of case studies of asset-building projects around the globe. The authors use a cutting-edge research framework that moves beyond quick snapshot solutions to the problem of poverty. They highlight the ways in which poor households and communities can move out of poverty through longer-term accumulation of capital assets. Contributors include Michael Carter (University of Wisconsin), Monique Cohen (Microfinance Opportunities), Sarah Cook (Institute of Development Studies, Sussex), Hector Cordero-Guzman (Baruch College, CUNY), Lilianne Fan (Oxfam, UK), Pablo Farias (Ford Foundation, New York), Clare Ferguson (formerly DFID), Andy Felton (FDIC), Sarah Gammage (Rutgers University), Anirudh Krishna (Duke University), Amy Liu (Brookings Institution), Vijay Mahajan (BASIX, India), Paula Nimpuno-Parente (Ford Foundation, South Africa), Manuel Orozco (Inter-American Dialogue),Victoria Quiroz-Becerra (Baruch College, CUNY), Dennis Rodgers (London School of Economics), and Andres Solimano (CEPAL, Santiago, Chile).

Rural Development

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Author :
Publisher : BoD – Books on Demand
ISBN 13 : 1839686170
Total Pages : 124 pages
Book Rating : 4.8/5 (396 download)

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Book Synopsis Rural Development by : Paola de Salvo

Download or read book Rural Development written by Paola de Salvo and published by BoD – Books on Demand. This book was released on 2022-02-02 with total page 124 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book brings together a series of contributions with a common goal of reflecting the links between economic development and rural development. The scenario is dotted not only with old and new wounds but also with innovative strategies in an attempt to overcome existing delays. The chapters of the book are composed of scenarios full of case studies. The plans to be adopted to help the countries that have lagged behind fueled an intense debate since the obstacles to development, as evidenced by the extensive scientific literature available, now appeared to be the realities present in the socio-economic structures of a large number of villages. Although the data available are still few, it is assumed that the Covid-19 pandemic will make a landscape already full of criticalities even more fragile.

Fighting Poverty Together

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Author :
Publisher : Springer
ISBN 13 : 0230120237
Total Pages : 297 pages
Book Rating : 4.2/5 (31 download)

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Book Synopsis Fighting Poverty Together by : A. Karnani

Download or read book Fighting Poverty Together written by A. Karnani and published by Springer. This book was released on 2016-04-30 with total page 297 pages. Available in PDF, EPUB and Kindle. Book excerpt: In this hard-hitting polemical Karnani demonstrates what is wrong with today's approaches to reducing poverty. He proposes an eclectic approach to poverty reduction that emphasizes the need for business, government and civil society to partner together to create employment opportunities for the poor.

Accelerating Poverty Reduction in Africa

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Author :
Publisher : World Bank Publications
ISBN 13 : 1464812330
Total Pages : 451 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Accelerating Poverty Reduction in Africa by : Kathleen Beegle

Download or read book Accelerating Poverty Reduction in Africa written by Kathleen Beegle and published by World Bank Publications. This book was released on 2019-10-09 with total page 451 pages. Available in PDF, EPUB and Kindle. Book excerpt: Sub-Saharan Africa's turnaround over the past couple of decades has been dramatic. After many years in decline, the continent's economy picked up in the mid-1990s. Along with this macroeconomic growth, people became healthier, many more youngsters attended schools, and the rate of extreme poverty declined from 54 percent in 1990 to 41 percent in 2015. Political and social freedoms expanded, and gender equality advanced. Conflict in the region also subsided, although it still claims thousands of civilian lives in some countries and still drives pressing numbers of displaced persons. Despite Africa’s widespread economic and social welfare accomplishments, the region’s challenges remain daunting: Economic growth has slowed in recent years. Poverty rates in many countries are the highest in the world. And notably, the number of poor in Africa is rising because of population growth. From a global perspective, the biggest concentration of poverty has shifted from South Asia to Africa. Accelerating Poverty Reduction in Africa explores critical policy entry points to address the demographic, societal, and political drivers of poverty; improve income-earning opportunities both on and off the farm; and better mobilize resources for the poor. It looks beyond macroeconomic stability and growth—critical yet insufficient components of these objectives—to ask what more could be done and where policy makers should focus their attention to speed up poverty reduction. The pro-poor policy agenda advanced in this volume requires not only economic growth where the poor work and live, but also mitigation of the many risks to which African households are exposed. As such, this report takes a "jobs" lens to its task. It focuses squarely on the productivity and livelihoods of the poor and vulnerable—that is, what it will take to increase their earnings. Finally, it presents a road map for financing the poverty and development agenda.

Poverty and Shared Prosperity 2016

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Author :
Publisher : World Bank Publications
ISBN 13 : 1464809798
Total Pages : 184 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Poverty and Shared Prosperity 2016 by : World Bank Group

Download or read book Poverty and Shared Prosperity 2016 written by World Bank Group and published by World Bank Publications. This book was released on 2016-10-12 with total page 184 pages. Available in PDF, EPUB and Kindle. Book excerpt: Poverty and Shared Prosperity 2016 is the first of an annual flagship report that will inform a global audience comprising development practitioners, policy makers, researchers, advocates, and citizens in general with the latest and most accurate estimates on trends in global poverty and shared prosperity. This edition will also document trends in inequality and identify recent country experiences that have been successful in reducing inequalities, provide key lessons from those experiences, and synthesize the rigorous evidence on public policies that can shift inequality in a way that bolsters poverty reduction and shared prosperity in a sustainable manner. Specifically, the report will address the following questions: • What is the latest evidence on the levels and evolution of extreme poverty and shared prosperity? • Which countries and regions have been more successful in terms of progress toward the twin goals and which are lagging behind? • What does the global context of lower economic growth mean for achieving the twin goals? • How can inequality reduction contribute to achieving the twin goals? • What does the evidence show concerning global and between- and within-country inequality trends? • Which interventions and countries have used the most innovative approaches to achieving the twin goals through reductions in inequality? The report will make four main contributions. First, it will present the most recent numbers on poverty, shared prosperity, and inequality. Second, it will stress the importance of inequality reduction in ending poverty and boosting shared prosperity by 2030 in a context of weaker growth. Third, it will highlight the diversity of within-country inequality reduction experiences and will synthesize experiences of successful countries and policies, addressing the roots of inequality without compromising economic growth. In doing so, the report will shatter some myths and sharpen our knowledge of what works in reducing inequalities. Finally, it will also advocate for the need to expand and improve data collection—for example, data availability, comparability, and quality—and rigorous evidence on inequality impacts in order to deliver high-quality poverty and shared prosperity monitoring.

Monitoring Global Poverty

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Author :
Publisher : World Bank Publications
ISBN 13 : 1464809623
Total Pages : 260 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Monitoring Global Poverty by : World Bank

Download or read book Monitoring Global Poverty written by World Bank and published by World Bank Publications. This book was released on 2016-11-28 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2013, the World Bank Group announced two goals that would guide its operations worldwide. First is the eradication of chronic extreme poverty bringing the number of extremely poor people, defined as those living on less than 1.25 purchasing power parity (PPP)†“adjusted dollars a day, to less than 3 percent of the world’s population by 2030.The second is the boosting of shared prosperity, defined as promoting the growth of per capita real income of the poorest 40 percent of the population in each country. In 2015, United Nations member nations agreed in New York to a set of post-2015 Sustainable Development Goals (SDGs), the first and foremost of which is the eradication of extreme poverty everywhere, in all its forms. Both the language and the spirit of the SDG objective reflect the growing acceptance of the idea that poverty is a multidimensional concept that reflects multiple deprivations in various aspects of well-being. That said, there is much less agreement on the best ways in which those deprivations should be measured, and on whether or how information on them should be aggregated. Monitoring Global Poverty: Report of the Commission on Global Poverty advises the World Bank on the measurement and monitoring of global poverty in two areas: What should be the interpretation of the definition of extreme poverty, set in 2015 in PPP-adjusted dollars a day per person? What choices should the Bank make regarding complementary monetary and nonmonetary poverty measures to be tracked and made available to policy makers? The World Bank plays an important role in shaping the global debate on combating poverty, and the indicators and data that the Bank collates and makes available shape opinion and actual policies in client countries, and, to a certain extent, in all countries. How we answer the above questions can therefore have a major influence on the global economy.

Poverty and Shared Prosperity 2018

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Author :
Publisher : World Bank Publications
ISBN 13 : 1464813604
Total Pages : 198 pages
Book Rating : 4.4/5 (648 download)

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Book Synopsis Poverty and Shared Prosperity 2018 by : World Bank

Download or read book Poverty and Shared Prosperity 2018 written by World Bank and published by World Bank Publications. This book was released on 2018-12-10 with total page 198 pages. Available in PDF, EPUB and Kindle. Book excerpt: The World Bank Group has two overarching goals: End extreme poverty by 2030 and promote shared prosperity by boosting the incomes of the bottom 40 percent of the population in each economy. As this year’s Poverty and Shared Prosperity report documents, the world continues to make progress toward these goals. In 2015, approximately one-tenth of the world’s population lived in extreme poverty, and the incomes of the bottom 40 percent rose in 77 percent of economies studied. But success cannot be taken for granted. Poverty remains high in Sub- Saharan Africa, as well as in fragile and conflict-affected states. At the same time, most of the world’s poor now live in middle-income countries, which tend to have higher national poverty lines. This year’s report tracks poverty comparisons at two higher poverty thresholds—$3.20 and $5.50 per day—which are typical of standards in lower- and upper-middle-income countries. In addition, the report introduces a societal poverty line based on each economy’s median income or consumption. Poverty and Shared Prosperity 2018: Piecing Together the Poverty Puzzle also recognizes that poverty is not only about income and consumption—and it introduces a multidimensional poverty measure that adds other factors, such as access to education, electricity, drinking water, and sanitation. It also explores how inequality within households could affect the global profile of the poor. All these additional pieces enrich our understanding of the poverty puzzle, bringing us closer to solving it. For more information, please visit worldbank.org/PSP