The Global Monitoring Report 2014/2015: Ending Poverty and Sharing Prosperity was written jointly by the World Bank … Development. This year's report details, for the first time, progress toward the WBG's twin goals of ending extreme poverty by …

"The "developing world's middle class" is defined here as those who are not poor when judged by the median poverty line …-fifths came from Asia, and half from China. Most of the new entrants remained fairly close to poverty, with incomes now bunched up …

"Prevailing measures of relative poverty put an implausibly high weight on relative deprivation, such that measured … poverty does not fall when all incomes grow at the same rate. This stems from the (implicit) assumption in past measures that … roles of certain private expenditures in poor settings and with data on national poverty lines. The authors propose a new …

assessment of the direct and indirect impacts of higher prices on global poverty using a representative sample of 63 to 93 … that the implied increase in the extreme poverty headcount at the global level is 1.7 percentage points, with significant …) could raise global poverty in 2010 by 0.6 percentage points at the extreme poverty line and 0.9 percentage points at the …

that foster deep and persistent poverty, such as lack of connectivity to markets, have provided a degree of protection for …

"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 … we thought. Yet the data also provide robust evidence of continually declining poverty incidence and depth since the …