The number of extreme poor has dropped (and that trend will continue)

This should be front-page news. Laurence Chandy and Geoffrey Gertz of the Brookings Institution calculate (if my math is correct) that the number of people in extreme poverty ($1.25/day or less) dropped 30% (from 1.3 billion to 0.9 billion) in the past six years. How many poor people are there in the world and howContinue reading “The number of extreme poor has dropped (and that trend will continue)”