The COVID-19 pandemic has brought about massive declines in well-being around the world. This paper seeks to quantify and compare two important components of those losses - increased mortality and higher poverty—using years of human life as a common metric. The paper estimates that almost 20...

We evaluate the global welfare consequences of increases in mortality and poverty generated by the Covid-19 pandemic. Increases in mortality are measured in terms of the number of years of life lost (LY) to the pandemic. Additional years spent in poverty (PY) are conservatively estimated using...

The September 2020 update to PovcalNet mainly involves the adoption of the revised 2011 PPPs for the estimation of global poverty. In addition, the coverage rules for reporting regional and global poverty aggregates have been reviewed, resulting in small adjustments. Historical regional and...

The goals of ending extreme poverty by 2030 and working towards a more equal distribution of incomes are part of the United Nations' Sustainable Development Goals. Using data from 166 countries comprising 97.5 percent of the world’s population, we simulate scenarios for global poverty from...

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...

The goals of ending extreme poverty by 2030 and working towards a more equal distribution of incomes are part of the United Nations' Sustainable Development Goals. Using data from 166 countries comprising 97.5 percent of the world's population, we simulate scenarios for global poverty from 2019...

This paper provides an initial analysis of the impact on the World Bank's global poverty estimates of the revised 2011 and new 2017 PPPs published in May 2020. The revised 2011 PPPs slightly increase poverty in South Asia and Sub-Saharan Africa, causing the extreme poverty headcount ratio for...

This paper proposes a set of new methods to estimate inequality of opportunity based on conditional inference regression trees. It illustrates how these methods represent a substantial improvement over existing empirical approaches to measure inequality of opportunity. First, the new methods...

The March 2020 update to PovcalNet involves several changes to the data underlying the global poverty estimates. Some welfare aggregates have been changed for improved harmonization, and some of the CPI, national accounts, and population input data have been revised. This document explains these...

The September 2019 global poverty update from the World Bank includes revised survey data which lead to minor changes in the most recent global poverty estimates. The update includes revisions to 18 surveys from four countries. As a result of the revised data, the estimate of the global 1.90 US...