What will happen to global #poverty and #inequality in 2024?

Subscribe to our new newsletter (PIP News) to stay up to date on the latest developments in poverty and inequality #data.

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Between 2009 and 2015, poverty in Mozambique fell by 10 percentage points. However, by 2020 these gains had been more than erased.

This setback is due to both recent shocks such as well as persistent structural challenges.

More in this World Bank Poverty Assessment: bit.ly/3NDVdmn

The 1st ever World Bank Poverty Assessment for Central African Republic was launched today: 70% of the population lives in extreme poverty, more than half cannot afford enough to eat, 90% of people have no electricity & GDP per capita is lower today than it was in 1960.

Read it here: bit.ly/47eWJDy

What kind of #policies do we need for forcibly displaced persons (FDP)?

While assistance is crucial to meet their basics needs, the long-term policy approach should define a path out of aid dependency by providing them with mobility, work options and inclusive education.

rb.gy/b4lyzz

Under the Strengthening #Gender Statistics Project, World Bank works with countries to assess their #data ecosystem and identify gaps in the production and publication of sex-disaggregated data in three domains: asset ownership and control, work and employment, and entrepreneurship: bitly.ws/YDqz

Thanks to Shanta Devarajan, Ahmed Mushfiq Mobarak, Alejandra Botero, Mulualem Desta and Aisha Dicko for this great discussion on the data and evidence needed to inform a development solution to forced displacement.

We cannot address what we cannot measure. Data is crucial.

Why is “multidimensionality” a key concept for poverty reduction?

Multidimensional measures of poverty not only describe different types of deprivations experienced by poor households, but can serve as a tool to coordinate policy action to jointly address those deprivations.

More: bit.ly/3QJ8dcI

As the always lucid Kaushik Basu indicates in this Project Syndicate article, rising inequality is eroding democracy.

Read it here: bit.ly/45Ph3JS

The latest update of the World Bank Poverty and Inequality Platform (PIP) reveals that 701 million people are living in extreme poverty ($2.15).

In this edition, 63 new #surveys were added to the database, bringing the total number of surveys to more than 2,200.

Explore: pip.worldbank.org

How do we get back on track to reach our goal of ending extreme poverty by 2030? Investing in inclusive&sustainable growth. How? Enhancing the productivity of the poor, tackling unequal access to productive opportunities, addressing poverty in all its dimensions, ensuring a just&equitable transition

#Children are more than twice as likely as adults to live in extreme poverty.
 
We can't #EndPoverty without more equitable access to health, education and basic infrastructure, and children must be at the heart of this agenda
 
Read our joint UNICEF & World Bank report: wrld.bg/JAOw50PLGu1

To succeed in our mission to #EndPoverty on a livable planet, we need more and better #data. 

Learn more about what our team at World Bank Poverty and Equity Global Practice is doing to strengthen the quality, timeliness, and accessibility of poverty data 👇

Thailand: bit.ly/3tCEmJx
Ethiopia: bit.ly/3FfC0Ty
Bangladesh: bit.ly/46NJqsZ
Burkina Faso: bit.ly/3QoUxDz
Mozambique: bit.ly/3rULoJ9

#IDRW2023 #InternationalDayOfRuralWomen