Nobuo Yoshida is Lead Economist, Poverty and Equity Global Practice, World Bank; Haoyu Wu is an Extended Term Consultant, Poverty and Equity Global Practice, World Bank.

Challenges to Accelerating the Pace of Poverty Reduction

Credit: Safari Consoler/Pexels
Source:  Authors’ calculations based on the Poverty and Inequality Platform

Accelerating the pace of poverty reduction is a complex and difficult task. Instead of comprehensively analyzing the global poverty trend, this article discusses two major challenges to achieving the global targets: (i) the slow pace of poverty reduction in Eastern and Southern Africa and (ii) the lack of frequency and timeliness of poverty data.