The fight to end extreme poverty is revealing a developing dichotomy. On the one hand,
extreme poverty continues to be stubborn in certain parts of the world, while in others it has become minuscule or non-existent. In about half of the world’s countries, less than 3 percent of the population is living on less than $1.90 a day—but that doesn’t mean the fight to eradicate poverty is over in these countries.
Recognizing this divergence, a new World Bank report—Poverty and Shared Prosperity 2018: Piecing Together the Poverty Puzzle—broadens our understanding of poverty. It introduces new tools and measures that will help countries better identify the poor and implement appropriate policies to build human capital and improve living standards.
–public and private sector attendees–gathered at our
introduces improved ways to monitor our progress toward ending it.


funding of up to $1 billion for the Government of Indonesia to supplement relief and reconstruction efforts in the disaster-affected areas of Lombok and Sulawesi, and to bolster long-term resilience.
uncertainty, geopolitical developments, a gradual tightening of financing conditions, and a rise in debt levels and currency volatility.
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