![]() ![]() Individual-level data on extreme poverty are not available. Note 2: This analysis is based on household-level data. The high damage scenario is based on the following assumptions: Distribution of calories worsens over time Rather than stemming mostly from underutilized capital, the economic shock of COVID leaves a more lasting scar on economic productivity Inequality increases by 5 percent globally Countries take on greater debt Severe Acute Malnutrition is worse in 2020 and contributes to higher stunting levels High debt-risk countries see a 5 percent reduction in expenditures over the coming decade Education enrolment and quality drop in countries with significant education disruptions Low- and lower-middle income countries experience a higher degree of child undernourishment Wage gap rises between women and men as a proxy for COVID’s disproportionate impact on female employment and increase in births in 2020-2022. It also assumes that wage gap rises between women and men as a proxy for COVID’s disproportionate impact on female employment and increase in births in 2020-2022. The base scenario reflects the impact of the pandemic on GDP growth based on IMFs October 2021 World Economic Outlook report. Note 1: Based on a sample of 186 countries. Source: UN Women, UNDP and Pardee Center for International Futures using the International Futures modeling platform. Global extreme poverty headcounts, base and high-damage forecasts, by sex (2017-2030) In a “high-damage” scenario, this number could balloon to 446 million (427 million for men and boys). New projections of global poverty by UN Women, UNDP and the Pardee Center for International Futures estimate that, globally, 388 million women and girls will be living in extreme poverty in 2022 (compared to 372 million men and boys). “It’s a good news story for India, coupled with some caveats, and it’s a real wake-up call for the African continent,” said Homi Kharas, director of the global economy and development program at the Brookings Institution.Two years on, the unpredictable course of this pandemic continues to upend prospects for growth and poverty reduction. Meanwhile, the number of extreme poor in India drops by 44 people a minute. ![]() Extreme poverty rises in Nigeria by six people each minute, according to calculations by the World Poverty Clock. ![]() What’s more, the gap is widening: The number of people living in extreme poverty in India is falling while the opposite is true in Nigeria, where the population is growing faster than its economy. As of Monday, its figures showed that India had 70.6 million people living in extreme poverty, while Nigeria had 87 million. The Brookings report was based on estimates generated by the World Poverty Clock, a model created to track progress against poverty in real time. The threshold captures those who struggle to obtain even basic necessities such as food, shelter and clothing, and takes into account differences in purchasing power between countries. Now, new estimates indicate that Nigeria has knocked India out of that position, part of a profound shift taking place in the geography of the world’s poorest people.Īccording to a recent report from the Brookings Institution, Nigeria overtook India in May to become the country with the world’s highest number of people living in extreme poverty, which is defined as living on less than $1.90 a day. It is a distinction that no country wants: the place with the most people living in extreme poverty.įor decades, India remained stubbornly in the top spot, a reflection of its huge population and its enduring struggle against poverty. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |