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Ending extreme poverty may cost less than expected
Original: Ending extreme poverty may cost less than you think
Researchers at Columbia Business School argue that the cost of ending extreme poverty worldwide may be far lower than commonly assumed. Their analysis suggests that targeted transfers to the world's poorest households could close the gap for a comparatively modest sum, challenging views that eradication is prohibitively expensive. The finding is prompting debate about funding priorities among governments and development agencies.
Why now: A new cost analysis from Columbia Business School challenges assumptions about how expensive ending extreme poverty would be.
Columbia Business SchoolWorld Bank
Evidence
- Ending extreme poverty may cost less than you think · Columbia Business School
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