Planet’s poor set to swell as World Bank revises poverty line, By Shawn Donnan, September 23, 2015, CNBC: “The World Bank is to make the most dramatic change to its global poverty line in 25 years, raising its measure by a half to about $1.90 per day in a move likely to swell the statistical ranks of the world’s poor by tens of millions…”
Tag: World Bank
Climate Change and the World’s Poor
- World’s poorest will feel brunt of climate change, warns World Bank, By Fiona Harvey, June 19, 2013, The Guardian: “Millions of people around the world are likely to be pushed back into poverty because climate change is undermining economic development in poor countries, the World Bank has warned. Droughts, floods, heatwaves, sea-level rises and fiercer storms are likely to accompany increasing global warming and will cause severe hardship in areas that are already poor or were emerging from poverty, the bank said in a report. Food shortages will be among the first consequences within just two decades, along with damage to cities from fiercer storms and migration as people try to escape the effects…”
- Climate change threatens trouble in the near future, World Bank says, By Howard Schneider, June 18, 2013, Washington Post: “The World Bank is beginning to commit billions of dollars to flood prevention, water management and other projects to help major Asian cities avoid the expected impact of climate change, a dramatic example of how short the horizon has become to alleviate the effects of global warming. Places such as Bangkok, Jakarta and Ho Chi Minh City are now considered ‘hot spots’ that will bear the brunt of the impact as sea levels rise, tropical storms become more violent, and rainfall becomes both more sporadic and — in the rainy season — more intense…”
Extreme Poverty Worldwide
- Where the world’s poorest people live, By Sudeep Reddy, April 17, 2013, Wall Street Journal: “The world’s poorest people are now concentrated most heavily in Sub-Saharan Africa after China’s huge leap in pulling its citizens out of extreme poverty in recent decades, according to new estimates released Wednesday by the World Bank. About 1.2 billion people in the world lived in extreme poverty in 2010, subsisting on less than $1.25 a day. That’s down from 1.9 billion three decades ago despite a nearly 60% increase in the developing world’s population…”
- India has one third of world’s poorest, says World Bank, By Dean Nelson, April 18, 2013, The Telegraph: “While new figures show that the number of those in extreme poverty around the world – surviving on 82 pence per day or less – has declined significantly, India now has a greater share of the world’s poorest than it did thirty years ago. Then it was home to one fifth of the world’s poorest people, but today it accounts for one-third – 400 million. The study, The State of the Poor: Where are the Poor and Where are the Poorest?, found the number of extremely poor people had declined from half the world’s population in 1981 to one fifth in 2010, but voiced concern at its increase in Sub-Saharan Africa and continuing high level in India…”