World Bank Revises International Benchmark for Extreme Poverty: Details Here

World Bank revises international benchmark for extreme poverty: Details here

The World Bank has raised the international benchmark for extreme poverty to USD3 a day from the earlier USD 2.15 per person per day for low-income countries. For lower-middle-income countries, it has gone up from USD 3.65 to USD 4.20 per day. Similarly, for upper-middle-income countries, the benchmark has been raised to USD 8.40 from USD 6.85.  "However, this remains an extremely low bar and reflects the cost of meeting basic needs in the poore…

What Could Go Right? - How to End Extreme Poverty

This is our weekly newsletter, What Could Go Right? Sign up here to receive it in your inbox every Thursday at 5am ET. You can read past issues here. How to End Extreme Poverty One of the first facts you learn when you get into the progress “movement” or “community” is just how much extreme poverty, generally considered as living on less than $2.15 per day, has fallen in recent history: from 44 percent of the global population in 1981 to 9 perce…