Where Will the World’s Poor Live? An Update on Global Poverty and the New Bottom Billion

Andy Sumner

No 305, Working Papers from Center for Global Development

Abstract: This paper updates the distribution of global poverty data and makes projections up to 2020. The paper asks the following question: Do the world’s extreme poor live in poor countries? It is argued that many of the world’s extreme poor already live in countries where the total cost of ending extreme poverty is not prohibitively high as a percentage of GDP. And in the not-too-distant future, most of the world’s poor will live in countries that do have the domestic financial scope to end at least extreme poverty. This would imply a reframing of global poverty as largely a matter of domestic distribution.

Keywords: poverty; inequality; distribution; low-income countries; middle-income countries (search for similar items in EconPapers)
Pages: 33 pages
Date: 2012-09
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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