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A quarter of the world lives in 'societal poverty' - here's what that means

One of the twin goals of the World Bank, as well as SDG 1.1, is to reduce extreme poverty by 2030. Measures of absolute poverty, such as poverty at the US$1.90, US$3.20 and the US$5.50 in...

Here's how many people COVID-19 could push into poverty, according to the World Bank

The Poverty and Shared Prosperity Report 2020 (PSPR2020) reported that COVID-19 was likely to push between 88 and 115 million people into extreme poverty—those living under $1.90-a-day—ar...

Les estimations de l'impact de la pandémie de COVID-19 sur la pauvreté

En avril, nous estimions que la pandémie de COVID-19 entraînerait entre 40 et 60 millions de personnes dans l'extrême pauvreté (a). Depuis, son épicentre s'est déplacé de l'Europe et l'Am...

COVID-19 podría empujar a 100 millones de personas a la pobreza extrema, dice el Banco Mundial

En abril calculamos que la COVID-19 había sumido a entre 40 millones y 60 millones de personas en la pobreza extrema (i). Desde entonces, el epicentro de la epidemia se ha desplazado desd...

COVID-19 could push 100 million people into extreme poverty, says World Bank

In April we estimated that COVID-19 is pushing between 40 and 60 million into extreme poverty. Since then, the epicenter of the pandemic has shifted from Europe and North America to the g...

Here's what purchasing power parities can tell us about world poverty

The International Comparison Program (ICP) has just published new purchasing power parities (PPPs). It has revised the previously published 2011 PPPs to take into account the effects of n...

This is the effect COVID-19 will have on global poverty, according to the World Bank

COVID-19 is taking its toll on the world, causing deaths, illnesses and economic despair. But how is the deadly virus impacting global poverty? Here we’ll argue that it is pushing about 4...

You say income, we say consumption: the difficulty in measuring inequality

In earlier blog posts on recent trends in inequality, we had referred to measurement issues that make this exercise challenging. In this blog post we discuss two such issues: the underlyi...

Most people, whether rich or poor, are totally wrong about poverty

Economic growth is a key discussion area at the World Economic Forum's Annual Meeting 2017. Watch the Global Growth Markets Outlook session here.

La desigualdad en un país típico en los últimos 25 años: un fuerte aumento seguido por un reciente descenso

Este es el primero de tres blogs sobre las últimas tendencias en materia de desigualdad a nivel nacional.En los últimos tiempos, la desigualdad ha ocupado un lugar destacado en el debate ...

25 years of inequality in a typical country

Inequality has featured prominently in the public debate in recent times. Media outlets highlight the apparent surge in the incomes of the richest, many books have been written on this is...

Asumamos seriamente la desigualdad

Mientras trabajábamos en un nuevo informe emblemático del Grupo Banco Mundial que contiene las estimaciones y tendencias más recientes y precisas en materia de pobreza mundial y prosperid...

The World Bank has a new way to measure inequality

As we worked on a new World Bank flagship report that provides the latest and most accurate estimates on trends in global poverty and shared prosperity, it became apparent as to what we w...

Is inequality in Africa rising?

Inequality is typically measured at the country-level. “Poverty in a Rising Africa,” the latest World Bank Group Africa poverty report, does not find a systematic increase in inequality -...

Global income since the fall of the Berlin Wall