On 15 October 2024, the World Bank stated in a press release: ‘The global goal of ending extreme poverty – less than $2.15 per person per day – by 2030 is out of reach: it would take three decades or ...

Learn how the poverty gap measures poverty's intensity through income shortfalls from the poverty line, and explore its ...

Around 1 in 5 children today are living in extreme poverty, according to new World Bank-UNICEF research. In 2024, an estimated 412 million children aged 17 or younger were residing in households ...

[00:00] - Those at the bottom of the income distribution, the poorest and the most vulnerable, have to be also more proactively engaged in that process of economic growth and benefiting from it. - ...

The Mexican government on Friday claimed that for the first time in history more  Mexicans are categorized as middle class ...

A World Bank study has flagged Pakistan’s General Sales Tax (GST) as the single most damaging fiscal tool exacerbating poverty, especially among low-income households. The report, titled "The Effects ...

Forbes contributors publish independent expert analyses and insights. AI researcher working with the UN and others to drive social change. Oct 16, 2024, 11:47am EDT ProSocial AI may be a treasure ...

Discover how the International Poverty Line defines global poverty, its critique, and impacts. Learn about its uses and how it differs from the Federal Poverty Level.

Poverty is as misunderstood as any subject can be. At one level, it could mean no food, no clothes, bad health, and recognized inadequacy of shelters, amenities, and services.

NEW DELHI, Oct 8 (Reuters) - Millions of people in South Asia are being pushed into extreme poverty as the region where a quarter of humanity lives suffers its worst-ever recession due to the ...