Poverty: What it looks like in the future
The world is experiencing a tipping point in its fight against poverty. By 2022, more than half of the world’s people living in extreme poverty will be living in fragile states, according to projections by World Data Lab . There are currently 39 fragile states that the World Bank classifies as “countries with high levels of institutional and social fragility” and “affected by violent conflict.” They are home to almost 1 billion people, 335 million of which lived in extreme poverty in 2020. Projections by the World Data Lab’s World Poverty Clock suggest that by 2030, there will be 359 million people living in extreme poverty in today’s fragile states, representing 63 percent of the world’s poor. This means that while most stable countries can anticipate the end of extreme poverty, more than a third of the population in fragile states will live in extreme poverty. Figure 1. Poverty is declining in most countries, not in fragile states TWO FRAGILE COUNT...