Mmastodon WorldPolitics first seen 23 h ago, last 23 h ago, peak #2
Global poverty rising again after decades of decline
Original: Global poverty is on the rise, after a long period of progressive decline; Philip Schellekens offers ten charts to help
Economist Philip Schellekens presents ten charts examining the reversal of long-running global poverty reduction, arguing that poverty reduction is about more than economic growth since some growth is 'jobless'. The data show poverty on the rise following a progressive decline, prompting debate about shifting focus beyond growth alone toward job creation and broader measures of wellbeing.
Why now: The reversal of decades of steady poverty decline is a significant development that economists and policymakers are urgently trying to explain.
Evidence
- Global poverty is on the rise, after a long period of progressive decline; Philip Schellekens offers ten charts to help make sense of what is going on & makes the points that: Poverty reduction is about more than growth; some growth is 'jobless'!; We need to focus not so much… · ChrisMayLA6@mastodon.me.uk · 6
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