World Bank Urges Action to Break the Cycle of Poverty from Generation to Generation

WASHINGTON, October 17, 2017 — The social status of one’s parents is as influential today as it was 50 years ago in determining a person’s future, according to early findings from an upcoming World Bank report, Fair Progress? Educational Mobility Around the World. Marking the 25th anniversary of the International Day to Eradicate Poverty, the institution sounded the alarm on a lack of progress since the 1960s in an area that is crucial for reducing poverty and inequality and promoting growth.

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Accelerating Women’s Economic Empowerment

STORY HIGHLIGHTSgender_accelerating_womens_economic_empowerment_780x439
  • A recent panel of finance ministers and Chief Executive Officers called for tangible and country-level action for women’s economic empowerment
  • Equal access to financial services, helping women build assets and professionalizing the care-giving sector can help accelerate progress in women’s economic empowerment
  • The flagship event helped share recommendations from the UN Secretary-General’s High-Level Panel on Women’s Economic Empowerment (HLP) report with delegations attending the 2017 WBG – IMF Spring Meetings