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Blog Post
March 06, 2023
The Sustainable Development Goals commit the world to ending extreme poverty by 2030. More cautiously, the World Bank’s twin goals suggest it can help reduce extreme poverty to 3 percent by 2030. Neither goal can be accomplished unless the extreme poverty line is (finally) fixed rather than constant...
WORKING PAPERS
March 06, 2023
We develop scenarios for the shape of the global economy in 2050 building on a simple regression of the historic relationship between current income and lagged income, demographic features, climate, and education, using the coefficients to develop a “central” forecast and error terms to set high and...
Blog Post
March 03, 2023
Next week, a once-in-a-decade UN conference will meet to address the challenges facing Least Developed Countries (LDCs). It will plan delivery of the Doha Programme of Action (PoA), and review implementation of the Istanbul PoA. As part of this, attention should be given to a set of lesser-known UN ...
Blog Post
February 27, 2023
Strengthening women’s land rights has important policy consequences for poverty reduction and gender equality in sub-Saharan Africa (SSA). It is an issue that is also in alignment with realizing the UN Sustainable Development Goals (SDGs) of ending all forms of poverty and achieving gender equality ...
Blog Post
February 16, 2023
A frustrating healthcare situation exists in many low-income countries: deaths are often due to poor quality care rather than the lack of access to care. Despite sustained investments in health service delivery and increases in the use of health services health outcomes have remained poor.
Blog Post
January 26, 2023
The World Bank management’s Evolution Roadmap suggests the institution is reconsidering its ‘twin goals’ mission statement of eradicating extreme poverty (ending $2.15 poverty by 2030) and boosting shared prosperity (raising the incomes of the bottom 40 percent in each country). It is reassuring tha...
Blog Post
January 11, 2023
At the Annual meetings of the World Bank and IMF last year, shareholders asked the World Bank to come up with a set of proposals to evolve a larger role in climate and other global public goods. The Bank’s first response came pretty quick: by mid December, only a couple of months after the request, ...
Blog Post
January 04, 2023
Ravallion was influential and prolific. He has more than 370 publications that have been cited at least ten times. His articles extend from a 1979 theoretical note in Urban Studies on why wages may vary within an urban area to a full nine articles published last year in 2022, mostly on his primary t...
Blog Post
December 19, 2022
About 63 percent of Nigeria’s population is multidimensionally poor, and Nigeria’s debt service-to-revenue ratio at the federal government level reached 83 percent during the first eight months of 2022. In short, the country is facing significant fiscal-macroeconomic challenges, with implications fo...