The Developing World is Poorer Than We Thought, but No Less Successful in the Fight Against Poverty

The paper presents a major overhaul to the World Bank's past estimates of global poverty, incorporating new and better data. Extreme poverty-as judged by what "poverty" means in the world's poorest countries-is found to be more...

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Main Authors: Chen, Shaohua, Ravallion, Martin
Format: Policy Research Working Paper
Language:English
Published: Washington, DC: World Bank 2012
Subjects:
Online Access:http://documents.worldbank.org/curated/en/2008/08/11680409/developing-world-poorer-thought-no-less-successful-fight-against-poverty
http://hdl.handle.net/10986/6322
id okr-10986-6322
recordtype oai_dc
spelling okr-10986-63222021-04-23T14:02:30Z The Developing World is Poorer Than We Thought, but No Less Successful in the Fight Against Poverty Chen, Shaohua Ravallion, Martin ABSOLUTE POVERTY ABSOLUTE POVERTY LINE AGGREGATE POVERTY CHILD MORTALITY CONSUMER PRICE INDEX CONSUMPTION DATA CONSUMPTION EXPENDITURE CONSUMPTION EXPENDITURES CONSUMPTION GROWTH COUNTRY LEVEL COUNTRY SPECIFIC CUMULATIVE DISTRIBUTION DATA AVAILABILITY DATA ISSUES DATA SETS DECLINE IN POVERTY DEVELOPED COUNTRIES DEVELOPING COUNTRIES DEVELOPING WORLD DEVELOPMENT INDICATORS DEVELOPMENT REPORT DEVELOPMENT RESEARCH DISTRIBUTION FUNCTION ECONOMIC CONTRACTION ECONOMIC GROWTH EMPIRICAL RESULTS ESTIMATES OF POVERTY EXCHANGE RATE EXCHANGE RATES EXTREME POVERTY FINANCIAL CRISIS FINANCIAL INTERMEDIARIES FOOD BUNDLE FOOD POVERTY FOOD POVERTY LINE FOOD PRICES FOOD STAPLES GLOBAL POVERTY GROWTH RATE GROWTH RATES HEALTH CARE HIGH INFLATION HIGHER INEQUALITY HOUSEHOLD CONSUMPTION HOUSEHOLD CONSUMPTION PER CAPITA HOUSEHOLD INCOME HOUSEHOLD SIZE HOUSEHOLD SURVEY HOUSEHOLD SURVEYS HOUSING INCIDENCE OF POVERTY INCOME INCOME SHOCKS INDIVIDUAL COUNTRIES INEQUALITY INEQUALITY MEASURES INFLATION RATE INTERNATIONAL AGENCIES INTERNATIONAL POVERTY LINE INTERNATIONAL POVERTY LINES LIVING STANDARDS LOW-INCOME COUNTRIES MEASURING POVERTY MEAT MICRO DATA NATIONAL ACCOUNTS NATIONAL POVERTY NATIONAL POVERTY LINES PER CAPITA CONSUMPTION PER CAPITA EXPENDITURE POLICY RESEARCH POOR POOR COUNTRIES POOR PEOPLE POORER REGIONS POPULATION SHARE POVERTY ASSESSMENTS POVERTY COMPARISONS POVERTY GAP POVERTY GAP INDEX POVERTY INCIDENCE POVERTY LINE POVERTY MEASURE POVERTY MEASUREMENT POVERTY MEASURES POVERTY PROFILE POVERTY RANKINGS POVERTY RATE POVERTY RATES POVERTY REDUCTION POVERTY REDUCTION STRATEGY POVERTY REDUCTION STRATEGY PAPERS PUBLIC SECTOR QUALITATIVE COMPARISONS REAL INCOMES REGIONAL AUTHORITIES REGIONAL AVERAGE REGIONAL DIFFERENCES REGIONAL LEVEL REGIONAL POVERTY REGIONAL PROFILE RURAL RURAL AREAS RURAL POVERTY RURAL POVERTY LINE RURAL POVERTY LINES SAVINGS SECTOR ACTIVITIES SHARP FALL TRANSITION ECONOMIES WELFARE INDICATOR The paper presents a major overhaul to the World Bank's past estimates of global poverty, incorporating new and better data. Extreme poverty-as judged by what "poverty" means in the world's poorest countries-is found to be more pervasive than we thought. Yet the data also provide robust evidence of continually declining poverty incidence and depth since the early 1980s. For 2005 we estimate that 1.4 billion people, or one quarter of the population of the developing world, lived below our international line of $1.25 a day in 2005 prices; 25 years earlier there were 1.9 billion poor, or one half of the population. Progress was uneven across regions. The poverty rate in East Asia fell from almost 80 percent to under 20 percent over this period. By contrast it stayed at around 50 percent in Sub-Saharan Africa, though with signs of progress since the mid 1990s. Because of lags in survey data availability, these estimates do not yet reflect the sharp rise in food prices since 2005. 2012-05-22T20:19:35Z 2012-05-22T20:19:35Z 2008-08 http://documents.worldbank.org/curated/en/2008/08/11680409/developing-world-poorer-thought-no-less-successful-fight-against-poverty http://hdl.handle.net/10986/6322 English Policy Research Working Paper; No. 4703 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo/ World Bank Washington, DC: World Bank Publications & Research :: Policy Research Working Paper Publications & Research
repository_type Digital Repository
institution_category Foreign Institution
institution Digital Repositories
building World Bank Open Knowledge Repository
collection World Bank
language English
topic ABSOLUTE POVERTY
ABSOLUTE POVERTY LINE
AGGREGATE POVERTY
CHILD MORTALITY
CONSUMER PRICE INDEX
CONSUMPTION DATA
CONSUMPTION EXPENDITURE
CONSUMPTION EXPENDITURES
CONSUMPTION GROWTH
COUNTRY LEVEL
COUNTRY SPECIFIC
CUMULATIVE DISTRIBUTION
DATA AVAILABILITY
DATA ISSUES
DATA SETS
DECLINE IN POVERTY
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING WORLD
DEVELOPMENT INDICATORS
DEVELOPMENT REPORT
DEVELOPMENT RESEARCH
DISTRIBUTION FUNCTION
ECONOMIC CONTRACTION
ECONOMIC GROWTH
EMPIRICAL RESULTS
ESTIMATES OF POVERTY
EXCHANGE RATE
EXCHANGE RATES
EXTREME POVERTY
FINANCIAL CRISIS
FINANCIAL INTERMEDIARIES
FOOD BUNDLE
FOOD POVERTY
FOOD POVERTY LINE
FOOD PRICES
FOOD STAPLES
GLOBAL POVERTY
GROWTH RATE
GROWTH RATES
HEALTH CARE
HIGH INFLATION
HIGHER INEQUALITY
HOUSEHOLD CONSUMPTION
HOUSEHOLD CONSUMPTION PER CAPITA
HOUSEHOLD INCOME
HOUSEHOLD SIZE
HOUSEHOLD SURVEY
HOUSEHOLD SURVEYS
HOUSING
INCIDENCE OF POVERTY
INCOME
INCOME SHOCKS
INDIVIDUAL COUNTRIES
INEQUALITY
INEQUALITY MEASURES
INFLATION RATE
INTERNATIONAL AGENCIES
INTERNATIONAL POVERTY LINE
INTERNATIONAL POVERTY LINES
LIVING STANDARDS
LOW-INCOME COUNTRIES
MEASURING POVERTY
MEAT
MICRO DATA
NATIONAL ACCOUNTS
NATIONAL POVERTY
NATIONAL POVERTY LINES
PER CAPITA CONSUMPTION
PER CAPITA EXPENDITURE
POLICY RESEARCH
POOR
POOR COUNTRIES
POOR PEOPLE
POORER REGIONS
POPULATION SHARE
POVERTY ASSESSMENTS
POVERTY COMPARISONS
POVERTY GAP
POVERTY GAP INDEX
POVERTY INCIDENCE
POVERTY LINE
POVERTY MEASURE
POVERTY MEASUREMENT
POVERTY MEASURES
POVERTY PROFILE
POVERTY RANKINGS
POVERTY RATE
POVERTY RATES
POVERTY REDUCTION
POVERTY REDUCTION STRATEGY
POVERTY REDUCTION STRATEGY PAPERS
PUBLIC SECTOR
QUALITATIVE COMPARISONS
REAL INCOMES
REGIONAL AUTHORITIES
REGIONAL AVERAGE
REGIONAL DIFFERENCES
REGIONAL LEVEL
REGIONAL POVERTY
REGIONAL PROFILE
RURAL
RURAL AREAS
RURAL POVERTY
RURAL POVERTY LINE
RURAL POVERTY LINES
SAVINGS
SECTOR ACTIVITIES
SHARP FALL
TRANSITION ECONOMIES
WELFARE INDICATOR
spellingShingle ABSOLUTE POVERTY
ABSOLUTE POVERTY LINE
AGGREGATE POVERTY
CHILD MORTALITY
CONSUMER PRICE INDEX
CONSUMPTION DATA
CONSUMPTION EXPENDITURE
CONSUMPTION EXPENDITURES
CONSUMPTION GROWTH
COUNTRY LEVEL
COUNTRY SPECIFIC
CUMULATIVE DISTRIBUTION
DATA AVAILABILITY
DATA ISSUES
DATA SETS
DECLINE IN POVERTY
DEVELOPED COUNTRIES
DEVELOPING COUNTRIES
DEVELOPING WORLD
DEVELOPMENT INDICATORS
DEVELOPMENT REPORT
DEVELOPMENT RESEARCH
DISTRIBUTION FUNCTION
ECONOMIC CONTRACTION
ECONOMIC GROWTH
EMPIRICAL RESULTS
ESTIMATES OF POVERTY
EXCHANGE RATE
EXCHANGE RATES
EXTREME POVERTY
FINANCIAL CRISIS
FINANCIAL INTERMEDIARIES
FOOD BUNDLE
FOOD POVERTY
FOOD POVERTY LINE
FOOD PRICES
FOOD STAPLES
GLOBAL POVERTY
GROWTH RATE
GROWTH RATES
HEALTH CARE
HIGH INFLATION
HIGHER INEQUALITY
HOUSEHOLD CONSUMPTION
HOUSEHOLD CONSUMPTION PER CAPITA
HOUSEHOLD INCOME
HOUSEHOLD SIZE
HOUSEHOLD SURVEY
HOUSEHOLD SURVEYS
HOUSING
INCIDENCE OF POVERTY
INCOME
INCOME SHOCKS
INDIVIDUAL COUNTRIES
INEQUALITY
INEQUALITY MEASURES
INFLATION RATE
INTERNATIONAL AGENCIES
INTERNATIONAL POVERTY LINE
INTERNATIONAL POVERTY LINES
LIVING STANDARDS
LOW-INCOME COUNTRIES
MEASURING POVERTY
MEAT
MICRO DATA
NATIONAL ACCOUNTS
NATIONAL POVERTY
NATIONAL POVERTY LINES
PER CAPITA CONSUMPTION
PER CAPITA EXPENDITURE
POLICY RESEARCH
POOR
POOR COUNTRIES
POOR PEOPLE
POORER REGIONS
POPULATION SHARE
POVERTY ASSESSMENTS
POVERTY COMPARISONS
POVERTY GAP
POVERTY GAP INDEX
POVERTY INCIDENCE
POVERTY LINE
POVERTY MEASURE
POVERTY MEASUREMENT
POVERTY MEASURES
POVERTY PROFILE
POVERTY RANKINGS
POVERTY RATE
POVERTY RATES
POVERTY REDUCTION
POVERTY REDUCTION STRATEGY
POVERTY REDUCTION STRATEGY PAPERS
PUBLIC SECTOR
QUALITATIVE COMPARISONS
REAL INCOMES
REGIONAL AUTHORITIES
REGIONAL AVERAGE
REGIONAL DIFFERENCES
REGIONAL LEVEL
REGIONAL POVERTY
REGIONAL PROFILE
RURAL
RURAL AREAS
RURAL POVERTY
RURAL POVERTY LINE
RURAL POVERTY LINES
SAVINGS
SECTOR ACTIVITIES
SHARP FALL
TRANSITION ECONOMIES
WELFARE INDICATOR
Chen, Shaohua
Ravallion, Martin
The Developing World is Poorer Than We Thought, but No Less Successful in the Fight Against Poverty
relation Policy Research Working Paper; No. 4703
description The paper presents a major overhaul to the World Bank's past estimates of global poverty, incorporating new and better data. Extreme poverty-as judged by what "poverty" means in the world's poorest countries-is found to be more pervasive than we thought. Yet the data also provide robust evidence of continually declining poverty incidence and depth since the early 1980s. For 2005 we estimate that 1.4 billion people, or one quarter of the population of the developing world, lived below our international line of $1.25 a day in 2005 prices; 25 years earlier there were 1.9 billion poor, or one half of the population. Progress was uneven across regions. The poverty rate in East Asia fell from almost 80 percent to under 20 percent over this period. By contrast it stayed at around 50 percent in Sub-Saharan Africa, though with signs of progress since the mid 1990s. Because of lags in survey data availability, these estimates do not yet reflect the sharp rise in food prices since 2005.
format Publications & Research :: Policy Research Working Paper
author Chen, Shaohua
Ravallion, Martin
author_facet Chen, Shaohua
Ravallion, Martin
author_sort Chen, Shaohua
title The Developing World is Poorer Than We Thought, but No Less Successful in the Fight Against Poverty
title_short The Developing World is Poorer Than We Thought, but No Less Successful in the Fight Against Poverty
title_full The Developing World is Poorer Than We Thought, but No Less Successful in the Fight Against Poverty
title_fullStr The Developing World is Poorer Than We Thought, but No Less Successful in the Fight Against Poverty
title_full_unstemmed The Developing World is Poorer Than We Thought, but No Less Successful in the Fight Against Poverty
title_sort developing world is poorer than we thought, but no less successful in the fight against poverty
publisher Washington, DC: World Bank
publishDate 2012
url http://documents.worldbank.org/curated/en/2008/08/11680409/developing-world-poorer-thought-no-less-successful-fight-against-poverty
http://hdl.handle.net/10986/6322
_version_ 1764399871205310464