Poverty Overview: Development news, research, data | World Bank
WEBApr 2, 2024 · Overview. Around 700 million people live on less than $2.15 per day, the extreme poverty line. Extreme poverty remains concentrated in parts of Sub-Saharan Africa, fragile and conflict-affected areas, and rural areas. After decades of progress, the pace of global poverty reduction began to slow by 2015, in tandem with subdued economic growth.
China Economic Update – December 2021 - World Bank Group
WEBChina’s economy is projected to slow in 2022. After a strong rebound in the first half of 2021, economic activity in China cooled rapidly in the second half of this year. We project real GDP growth to reach 8.0 percent this year, before moderating to 5.1 percent in 2022, says the latest China Economic Update.
Food Security | Rising Food Insecurity - World Bank Group
WEB3 days ago · Download the latest brief on rising food insecurity and World Bank responses. Since the last update on May 30, 2024, the agricultural, cereal, and export price indices closed 8%, 10%, and 9% lower, respectively. A fall in cocoa (16%) and cotton (11%) prices drove the decrease in the export price index. Maize and wheat prices closed 8% and 23% ...
Sustainable Finance - World Bank Group
WEBSustainable Finance is the process of taking due account of environmental, social and governance (ESG) considerations when making investment decisions in the financial sector, leading to increased longer-term investments into sustainable economic activities and projects (European Commission). It has become a powerful movement led by regulators ...
Recognizing and tackling a global food crisis - World Bank Group
WEBJan 5, 2023 · This year, acute food insecurity is projected to reach a new peak, surpassing the food crisis experienced in 2007-2008. A combination of factors—including greater poverty and supply chain disruptions in the wake of the COVID-19 pandemic, the war in Ukraine, rising inflation, and high commodity prices—has increased …
Measuring Poverty Overview - World Bank Group
WEBDec 14, 2023 · The international poverty line is set at $2.15 per person per day using 2017 prices. This means that anyone living on less than $2.15 a day is in extreme poverty. About 701 million people globally were in this situation in 2019. The COVID-19 pandemic dealt the biggest setback to global poverty-reduction efforts since 1990, increasing the number ...
Philippines Economic Updates - World Bank Group
WEBThe Philippine economy is forecast to accelerate to 5.8% growth in 2024 from 5.5% last year and to 5.9% in 2025. Growth is expected to be driven by strong household consumption, sustained strength in the services sector, and improved trade stemming from a rebound in global demand for goods and the continued recovery of …
World Bank Global Economic Prospects
WEBJun 8, 2021 · David Young. (202) 473-4691. [email protected]. The World Bank Global Economic Prospects Report shows that the global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in 80 years. However, many emerging market and developing economies continue to struggle …
Everyone Equal: The Resilience of Indigenous Peoples Across the …
WEBAug 7, 2020 · Dr. Wallet Aboubakrine has one appeal for the global health community, international financial partners and governments – work with Indigenous Peoples to address gaps in pandemic responses and preparedness. “This pandemic is unveiling the inequalities that Indigenous Peoples are facing,” she said. “Inclusive decision-making is essential ...
Gender-Based Violence (Violence Against Women and Girls)
WEBSep 25, 2019 · Gender-based violence (GBV) or violence against women and girls (VAWG), is a global pandemic that affects 1 in 3 women in their lifetime. The numbers are staggering: 35% of women worldwide have experienced either physical and/or sexual intimate partner violence or non-partner sexual violence. Globally, 7% of …