The importance of tackling inequality for global poverty

The importance of tackling inequality for global poverty

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Lakner, Christoph / Daniel G. Mahler / Mario Negre / Espen B. Prydz
Two Pager (2021)

Bonn: German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE)

DOI: 10.23661/tp2.2021

In recent decades, global extreme poverty has been substantially reduced. While over a third of the world’s population lived below the extreme poverty line (less than $1.90 per day) in 1990, that share had fallen to just 10% by 2015 (World Bank, 2018). This dramatic improvement has shown the world that it is possible to end extreme poverty, and the international development community has thus set itself a goal to do that by 2030. Meanwhile, national inequality has also become a topic of greater focus in the development policy debate in recent years (World Bank, 2016). These two distinct, but connected, issues have been recognised by the international community with inclusion in the Sustainable Development Goals (SDGs), as both a goal to end poverty (SDG 1) and a goal to reduce inequality within countries (SDG 10).

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