I don’t think that this article is a good representation of the debate over these issues and takes an approach where the author seems to have already made up their mind about possible solutions.
“A generation ago the majority of the world’s poorest lived in economies that went on to grow very fast. What is different now is that a rising share of the world’s poorest are living in economies which have not achieved economic growth in the recent past.
Half a billion are expected to remain in extreme poverty by 2030 if current trends of economic growth and levels of within-country inequality persist. The decline of extreme poverty is expected to slow down.
Much of the progress will be driven by economic growth in Asia, and India in particular. The number of people in extreme poverty in Africa is expected to stagnate.”
Does it really explain anything to say that poverty rates are stagnant outside of China because those countries have a lack of economic growth? I guess it suggests that changes in foreign aid or in income inequality aren’t the culprit, but this explanation still feels like a dormitive principle.
Much of the progress will be driven by economic growth in Asia, and India in particular. The number of people in extreme poverty in Africa is expected to stagnate
Education in India is behind China by about 30 years, and economic growth also is behind. Africa will do better than expected, partly the estimates are based on UN population projections which are too pessimistic for Africa.
Africa is behind India in terms of education and it will take them time to pick up in terms of economic growth.
I don’t think that this article is a good representation of the debate over these issues and takes an approach where the author seems to have already made up their mind about possible solutions.
This post from Our World in Data probably gives the best overview of stagnation in global poverty
“A generation ago the majority of the world’s poorest lived in economies that went on to grow very fast. What is different now is that a rising share of the world’s poorest are living in economies which have not achieved economic growth in the recent past.
Half a billion are expected to remain in extreme poverty by 2030 if current trends of economic growth and levels of within-country inequality persist.
The decline of extreme poverty is expected to slow down.
Much of the progress will be driven by economic growth in Asia, and India in particular. The number of people in extreme poverty in Africa is expected to stagnate.”
Does it really explain anything to say that poverty rates are stagnant outside of China because those countries have a lack of economic growth? I guess it suggests that changes in foreign aid or in income inequality aren’t the culprit, but this explanation still feels like a dormitive principle.
Education in India is behind China by about 30 years, and economic growth also is behind. Africa will do better than expected, partly the estimates are based on UN population projections which are too pessimistic for Africa.
Africa is behind India in terms of education and it will take them time to pick up in terms of economic growth.