"The paper presents a major overhaul to the World Bank's past estimates of global poverty, incorporating new and better … data. Extreme poverty-as judged by what "poverty" means in the world's poorest countries-is found to be more pervasive than … early 1980s. For 2005 we estimate that 1.4 billion people, or one quarter of the population of the developing world, lived …

that it would have less impact on poverty. "--World Bank web site …