Poverty, growth and inequality over the next 50 years
This report examines the potential for global poverty reduction over the next 50 years, highlighting the uneven progress across regions and the critical role of economic growth in alleviating poverty.
(Generated with the help of GPT-4)
| Quick Facts | |
|---|---|
| Report location: | source |
| Language: | English |
| Publisher: | |
| Authors: | Evan Hillebrand |
| Geographic focus: | Global |
Methods
The research method involves analyzing historical data on global poverty, growth, and inequality, and creating projections based on two scenarios: an optimistic “Market First” scenario assuming rapid technological change and pro-growth policies, and a “Trend Growth” scenario based on recent historical growth rates. The study uses the International Futures (IFs) model for demographic and economic projections and considers the impact of policy changes and foreign aid on growth rates.
(Generated with the help of GPT-4)
Key Insights
The report analyzes historical trends in poverty, growth, and inequality, projecting that global poverty could be significantly reduced by 2050 with sustained economic growth. It contrasts optimistic and pessimistic growth scenarios, emphasizing the importance of governance, market-friendly policies, and technological advancements in determining poverty outcomes. The study also considers the impact of demographic shifts and policy decisions on future poverty rates and discusses the implications of different growth trajectories for sub-Saharan Africa, Latin America, and the Middle East.
(Generated with the help of GPT-4)
Additional Viewpoints
Categories: English publication language | Global geographic scope | demographic shifts | economic forecasting | economic growth | global trends | governance | growth rate | income inequality | latin america | market-friendly policies | middle east | policy decisions | poverty | poverty changes | poverty measurement | poverty reduction | sub-saharan africa | technological change