This paper studies future poverty, inequality, and shared prosperity outcomes using a panel data set with 150 countries … over 1980-2014. The findings suggest that global extreme poverty will decrease in absolute and relative terms in the period … 2015-2030. However, absolute poverty is likely to increase by 2030 in resource-output oriented countries and economies with …

"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 …