Washington Post Op-Ed: The Secret Success of Falling Poverty

My colleague Laurence Chandy and I have an op-ed in today’s Washington Post, which is based on some ongoing research we’ve been doing on updating global poverty data. (Our main findings are here.)

The central point we’re making is that our sense of current global poverty is dramatically out of date, since the World Bank hasn’t updates its global poverty figures since 2005.  In the past six years developing countries have enjoyed remarkable growth, especially those countries home to the highest number of poor people, such as India, China, and Ethiopia.

On our estimates close to 500 million people have escaped poverty since 2005, and the Millennium Development Goal of halving global poverty has already been achieved.

Go read the whole thing.


1 Response to “Washington Post Op-Ed: The Secret Success of Falling Poverty”

  1. 1 Japan’s Secret Success « Tomorrow's Economy Trackback on January 8, 2012 at 10:35 am

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