Template-type: ReDif-Paper 1.0
Author-Name: Crombrugghe D.P.I. de
Author-Name: Szirmai A. 
Author-Name: Bluhm R 
Author-workplace-name: UNU-MERIT
Title: Poor trends - The pace of poverty reduction after the Millennium Development Agenda
Abstract:  We review the origins of the dollar-a-day poverty line, discuss  historical poverty and inequality trends, and forecast poverty rates  until 2030 using a new fractional response approach. Three findings  stand out. First, global poverty reduction since 1981 has been rapid but  regional trends are heterogeneous. Second, the pace of poverty reduction  at 1.25 a day will slow down. Our optimistic scenarios suggest a  poverty rate of 8-9 in 2030, far short of the World Banks new 3  target. Third, rapid progress can be maintained at 2 a day, with an  additional one billion people crossing that line by 2030.     Keywords poverty, inequality, consumption growth
Keywords: Measurement and Analysis of Poverty; Economic Development: General; Economic Development: Human Resources; Human Development; Income Distribution; Migration; 
Classification-JEL: I32; O10; O15; .
Series:  Working Papers
Creation-Date: 2014
Number: 006
File-URL: http://pub.maastrichtuniversity.nl/dd9067e3-3242-4402-9fa9-c57f2151d9b8
File-Format: application/pdf
File-Size: 603568
Handle: RePEc:unm:unumer:2014006