Report Coming Fall 2014
The World Bank recently adopted the twin goals of ending extreme poverty (reducing to no more than 3 per cent the fraction of the world’s population under $1.25 per day) and boosting shared prosperity (focusing on economic growth among the bottom 40 percent of people in every country). A forthcoming Policy Research Report—A Measured Approach to Ending Poverty and Boosting Shared Prosperity: Concepts, Data, and the Twin Goals—will lay out the conceptual underpinnings of the World Bank’s two goals, and propose empirical approaches to tracking progress. The report will serve as a complement to the Global Monitoring Report, which tracks progress on the Millennium Development Goals. The study team will be led by Peter Lanjouw, manager in the World Bank’s research department, and include Shaohua Chen, Dean Jolliffe, Aart Kraay, and Espen Prydz. The report is slated to be released fall 2014.