In many countries, large differences in poverty persist at the subnational level. In addition, global challenges such as climate change, fragility, economic crises, and food insecurity are often trans-border issues that pose significant risks for poverty reduction both across and within...

Despite a vast literature documenting the harmful effects ofclimate change on various socio-economic outcomes, littleevidence exists on the global impacts of hotter temperatureon poverty and inequality. Analysis of a new global paneldataset of subnational poverty in 134 countries finds thata...

The October 2022 update introduces the 10th edition of the Global Database of Shared Prosperity (GDSP). Shared prosperity, defined as the growth in per capita household income or consumption of the poorest 40 percent of the population, is the World Bank's second Twin Goal, alongside ending...

The World Bank's Multidimensional Poverty Measure (MPM) presents a broader understanding of poverty beyond just the monetary dimension by incorporating access to education and basic infrastructure as additional dimension of well-being. It aims to thus highlight additional deprivations...

The March 2021 update to the Multidimensional Poverty Measure (MPM) involves changes to the data underlying the multidimensional poverty estimates based on the Global Monitoring Database (GMD). This update reports new estimates for circa 2017, revising the estimates that were first published in...

Shared prosperity is the World Bank’s second Twin Goal, introduced in 2013. It is defined as the growth in household per capita income or consumption of the poorest 40 percent of the population. The Global Database of Shared Prosperity (GDSP) is the database that is used to monitor progress of...

Despite a vast literature documenting the harmful effects of climate change on various socio-economic outcomes, little evidence exists on the global impacts of hotter temperature on poverty and inequality. Analysis of a new global panel dataset of subnational poverty in 134 countries finds that...

Different studies use different approaches to forecast how many people will fall into poverty due to the outbreak of Coronavirus 2019 (COVID-19), with largely different results. Even when using the same growth forecasts and poverty lines, poverty projections differ largely by approaches: one...